TRUST Mutual Fund introduces TRUST MF Small Cap Fund
2 min read
Kolkata: TRUST Mutual Fund has announced to launch the TRUSTMF Small Cap Fund, an open-ended equity scheme that focuses on small-cap stocks.
This new fund will be benchmarked against the NIFTY Smallcap 250 TRI index, offering investors an exciting opportunity to access high-growth sectors and emerging themes.
The New Fund Offer (NFO) is open for subscription from October 11 to October 25, 2024. The primary goal of the scheme 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.
TRUSTMF Small Cap Fund NFO launch marks the second equity fund from TRUSTMF. The launch comes at an opportune time, with smallcap companies currently experiencing accelerated growth, providing attractive opportunities for long-term value appreciation.
Sandeep Bagla, Chief Executive Officer of TRUST MF, said, “We focus on finding growth at reasonable valuations through our terminal value investing approach. Our new small-cap fund is designed to capture the high-growth phase of a company’s lifecycle, where the potential for returns can bemost promising.”
Sandeep Bagla added, “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.”
Mihir Vora, Chief Investment Officer at TRUST MF, said, “The small-cap segment is a unique space for investors to discover high-growth companies early in their journey. Our strong research foundation at TRUST MF allows us to identify these promising stocks.”
Mihir Vora added, “Our investment philosophy of Terminal value investing focuses not only on good growth in the near future but attributes even more importance to the length of the growth runway. This allows us to put an appropriate valuation to the long-term growth potential and ensures that we remain committed to businesses throughout their entire value creation journey.”
Aakash Manghani, Fund Manager-Equities at TRUST MF, said, “In recent years, the market capitalization of small-cap companies has grown significantly, highlighting their increasing role in the economy. Small caps can be fertile ground for multi-baggers, offering investors the chance to achieve outsized gains as these companies scale.”
Aakash Manghani added, “Many industry leaders, across multiple high growth sectors are available only in the small cap space. This makes small caps an attractive option for investors seeking to create long term wealth.
The fund will be managed by Mihir Vora, Chief Investment Officer, and Aakash Manghani, Fund Manager – Equities.
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