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Banking & PSU Debt Fund: Trust Group enters mutual fund business with Banking & PSU Debt Fund

Synopsis
Debt arranger Trust Group has started a mutual fund that would be launching a banking and PSU debt fund.
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Debt arranger Trust Group has started a mutual fund that would be launching a banking and PSU debt fund. The new debt fund offer will have an investment process that is structured on a set of parameters, propelled in association with the rating company
Investors can expect 5% or higher tax-free return in a time horizon of three-and-a-half years. This is billed as an opportunity to earn higher interest income when traditional domestic rates are at record lows.
“We are operating in a benign interest rate environment with large output gaps in the economy; it is most likely that inflation will come down from current levels,” said Sandeep Bagla, CEO at Trust Asset Management. “Banking and public sector companies are safe investment options and will benefit from the growth revival. This prompted us to launch this new fund offer ....

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