TRUSTMF Fixed Maturity Plan - Series II (1196 Days) - Regular Plan: Overview, Performance, Portfolio | Mutual Fund | Value Researchhttps://www.valueresearchonline.com/funds/43373/trustmf-fixed-maturity-plan-series-ii-1196-days-regular-plan/Get the latest information and complete track record of 'TRUSTMF Fixed Maturity Plan - Series II (1196 Days) - Regular Plan' schemes, returns, latest NAV and ratings from independent mutual fund research house.
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TRUSTMF Fixed Maturity Plan - Series II (1196 Days) - Regular Plan
"Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."
The scheme seeks to provide regular income and capital growth to the investors through investments in a portfolio comprising of debt and Money Market Instruments maturing on or before the maturity of the scheme.
Anand Nevatia since 16-Mar-2023
Mr Nevatia is a Diploma, CFA
Prior to working as a Fund Manager for the Fixed Income Schemes of Trust AMC. He has been associated with Trust Group for almost two decades in various capacities. These included Advisory Services, Research & Analysis & Portfolio Strategy. He had been managing the Fixed Income PMS for Trust Group since 2014 before assuming his new role at Trust AMC.
Trust Asset Management Pvt. Ltd.
+91 22 6274 6000
801, G Block, Naman Center, Bandra Kurla Complex, Bandra (East), Mumbai - 400051