Description
TRUST Asset Management revises minimum redemption amount for TRUSTMF Multi Cap Fund, removing minimum redemption criterion effective September 2, 2025.
Summary
TRUST Asset Management Private Limited has revised the minimum redemption amount for TRUSTMF Multi Cap Fund, completely removing the minimum redemption criterion effective September 2, 2025. Previously, investors had to redeem a minimum of Rs. 1,000 or in multiples thereafter.
Key Points
- Complete removal of minimum redemption amount requirement for TRUSTMF Multi Cap Fund
- Change effective from September 2, 2025
- Previous minimum was Rs. 1,000 and multiples of any amount thereafter
- Unit-based redemption already had no minimum criterion
- SID and KIM documents will be amended accordingly
Regulatory Changes
Revision of redemption parameters in the Scheme Information Document (SID) and Key Information Memorandum (KIM) of TRUSTMF Multi Cap Fund to reflect the removal of minimum redemption amounts.
Compliance Requirements
- TRUST Asset Management to update SID and KIM documents
- Notice-cum-addendum forms integral part of scheme documents
- All other terms and conditions remain unchanged
Important Dates
- Effective Date: September 2, 2025
- Notice Date: September 1, 2025
Impact Assessment
This change provides greater flexibility to investors by removing barriers to redemption, allowing investors to redeem any amount without minimum restrictions. This enhancement improves liquidity access for unit holders of TRUSTMF Multi Cap Fund on the BSE StAR MF platform.
Impact Justification
Positive change for investors removing minimum redemption barriers for TRUST Multi Cap Fund