TRUSTMF Small Cap Fund is open for subscription. Key things to know

TRUST Mutual Fund has launched TRUSTMF Small Cap Fund, an open-ended equity scheme that focuses on small-cap stocks.

The new fund offer or NFO of the scheme is open for subscription and will close on October 25.

The fund will be benchmarked against the NIFTY Smallcap 250 TRI. The fund will be managed by Mihir Vora and Aakash Manghani.

The objective is to generate long-term capital appreciation by investing mainly in equity and equity-related securities of small-cap companies. This launch offers investors a chance to participate in the early growth stages of companies with the potential for substantial long-term wealth creation

An exit load of 1% will be applicable, if redeemed/switched out within 180 days from the date of allotment. The exit load will be nil, if redeemed/switched out after 180 days from the date of allotment.

For lumpsum purchase (Incl. Switch-in) is Rs 1,000 and in multiples of any amount thereafter. For monthly SIP, the minimum amount is Rs 1,000 (plus in multiple of any amount) with minimum six installments.

“Our new small-cap fund is designed to capture the high-growth phase of a company’s lifecycle, where the potential for returns can be most promising. The small-cap market offers a vast array of investment choices, including sectors like consumption, financialization, and physical asset creation, which we believe have a long runway for growth," said Sandeep Bagla, CEO of TRUST MF.