TRUST Mutual Fund. Until recently, it had only launched debt funds.
Launched in January 2021, it has seven debt funds in the market. Only on April 5 did it launch its first equity fund. It’s a flexi-cap fund.
The TRUSTMF Flexi Cap Fund NFO (new fund offer) has been open for subscription since April 5 and will run until April 19.
Value Research took time out to speak to Sandeep Bagla to understand why it took them three years to unroll its first equity fund. This is what he had to say…
We could have launched it a little sooner but were looking to get the right person to lead the equity team, said Bagla.
Yes, he said. The team, comprising 5 analysts, 1 fund manager and 1 chief investment officer will be able to scan 250 companies listed on the exchange.
We ask this because equity markets are at an all-time high. So, we wanted to know how they can competently pick stocks at this point of time.
The CEO admits the valuations may be on the higher side, but explains TRUST’s investment philosophy, which he believes will give them an edge!
we suggest you click the link below and read the full interview: