Description
Trust Mutual Fund eliminates minimum redemption amount requirement for TRUSTMF Multi Cap Fund, effective September 02, 2025.
Summary
Trust Mutual Fund has revised the minimum redemption amount for TRUSTMF Multi Cap Fund on NSE MF Invest Platform. Effective September 02, 2025, there will be no minimum redemption criterion, replacing the previous requirement of Rs. 1,000/- minimum with multiples of any amount thereafter.
Key Points
- Complete elimination of minimum redemption amount for TRUSTMF Multi Cap Fund
- Previous requirement: Rs. 1,000/- minimum with multiples of any amount thereafter
- New requirement: No minimum redemption criterion
- Change applies to NSE MF Invest Platform transactions
- Unit-based redemptions already had no minimum criterion
Regulatory Changes
The Scheme Information Document (SID) and Key Information Memorandum (KIM) of TRUSTMF Multi Cap Fund will be amended to reflect the removal of minimum redemption requirements. All other terms and conditions remain unchanged.
Compliance Requirements
- NSE members are informed of the change through this circular
- Trust Mutual Fund has issued Notice cum Addendum No. 39/2025
- Updated documentation will be available on the platform
Important Dates
- Effective Date: September 02, 2025
- Circular Date: September 01, 2025
- Notice Date: September 01, 2025
Impact Assessment
This change enhances investor flexibility by removing redemption barriers, making the mutual fund more accessible for investors with smaller amounts. The impact is limited to TRUSTMF Multi Cap Fund investors and should improve liquidity options without affecting market operations significantly.
Impact Justification
Operational change removing redemption restrictions, making mutual fund more accessible but limited to single scheme