Upcoming NFO: TRUST Mutual Fund Files Draft Papers for Large & Mid Cap Fund

TRUST Mutual Fund has filed draft documents with SEBI for the launch of the TRUSTMF Large & Mid Cap Fund, an open-ended equity scheme that will invest in a mix of large-cap and mid-cap companies.  

The proposed scheme is aimed at investors seeking long-term capital appreciation through equity investments.  

Allocation Across Large and Mid-Cap Stocks 

According to the draft Scheme Information Document (SID), the fund will invest at least 70% of its assets in equity and equity-related instruments.  

Within this allocation, a minimum of 35% each will be invested in large-cap and mid-cap stocks. The remaining portion may be allocated to other equities, money market instruments, cash equivalents, InvITs, and gold or silver exchange-traded funds.  

The benchmark selected for the scheme is the Nifty LargeMidcap 250 Total Return Index (TRI), which comprises 100 large-cap and 150 mid-cap companies listed on the National Stock Exchange.  

Investment Framework 

The fund house said stock selection will be based on internal research and evaluation of business fundamentals, management quality, market position, growth prospects and valuation.  

Portfolio construction will be carried out through a defined investment process that includes maintaining a list of approved companies after qualitative and quantitative assessment.  

The scheme may also invest up to 30% of its assets in debt and money market instruments. In addition, investments in overseas securities of up to 25% of net assets and InvIT units of up to 10% of net assets have been proposed, subject to regulatory limits.  

Subscription and Exit Load 

The fund will offer Direct and Regular plans, both with a Growth option. The minimum investment amount has been proposed at ₹1,000, while SIP investments can also begin at ₹1,000 depending on the chosen frequency.  

An exit load of 1% will apply on redemptions made within 180 days from the date of allotment. No exit load will be charged after 180 days.  

Read More: Best International Mutual Funds in India for June 2026! 

Conclusion 

The proposed scheme has been categorised as a large and mid-cap fund and carries a “Very High” risk rating. The new fund offer dates are yet to be announced by the fund house. Best  

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Mutual Fund Investments in the securities market are subject to market risks, read all the related documents carefully before investing.