Trust Mutual Fund

TRUST AMC, a branch of the financial giant TRUST Group, is one of India’s most successful money management firms. Listed as a private limited company, it was incorporated on 12 December 2017. It is a non-government company specializing in building investment portfolios for clients. 

One of the most admirable aspects of TRUST AMC is its commitment to transparency when it comes to creating and managing schemes. With adept financial researchers consistently examining the market trends, rest assured, the investment processes are genuinely reliable. Also, since instability is the very essence of the market, TRUST always strives to provide risk-adjusted returns to its investors. 

As of 31 March 2021, the company manages 613.12 crores and is established across 5 locations. Its authorized share capital is ₹850,000,000, and its paid-up capital is ₹700,000,000. Trust Asset Management Private Limited’s Corporate Identification Number is (CIN) U65929MH2017PTC302677, and its registration number is 302677.

Top 10 Trust Mutual Funds Schemes –

Fund Name
Category
Risk
1Y Returns
Rating
Fund Size (in Cr)
TRUSTMF Liquid Fund – Direct Growth Debt Low 3.60 - 164
TRUSTMF Short Term Fund – Direct Growth Debt Moderately Low - - 201
TRUSTMF Overnight Fund – Direct Growth Debt Low - - 142
TRUSTMF Banking & PSU Debt Fund – Dir Growth Debt Moderate 2.14 - 481
Asset Management Company Name Trust Asset Management Private Limited
Company Status Active
Date of Incorporation 12 December 2017
Sponsored by Trust Investment Advisors Private Limited (TIAPL) 
Trustee Name TRUST AMC Trustee Private Limited 
Name of trustees Mr. Ameet Hariani (Independent Director)

Mr. Ragunathan Kannan (Independent Director)

Mr. Sanjeev Maheshwari (Independent Director)

Mr. Abhishek Kedia (Associate Director)

Chief Executive Officer Mr. Sandeep Bagla
Auditor M/s Haribhakti & Co. LLP

Chartered Accountants

Regd Off: 705, Leela Business Park,

Andheri Kurla Road, Andheri (E),

Mumbai – 400 059

Registered Office  801, 8th floor, G Block, Nama

Trust Asset Management Private Limited Fund Managers

The fund managers at Trust Asset Management Private Limited are well versed with market patterns as research and analysis occupy the highest priority level. Depending on the client’s requirements, schemes are drafted according to the declared risk parameters. Thus, the fund managers choose the right set of securities for investors. 

1. Mr. Utpal Hemendra Sheth

Mr. Utpal Sheth is the founder and mentor of Trust Group, one of India’s prime finance management firms. Apart from this, he also serves as the CEO and Senior partner of RARE Enterprises, a proprietary asset management firm with AUM exceeding $1Bn, and co-manages Chanakya Wealth Creation. With vast experience in assets and securities management, he has previously assumed the roles of Principal Relationship Manager with Enam Financial Consultants, Director at HRS Insight Financial Intermediaries, CEO with Insight Asset Management, and Head of Research at ASK Financial Consultants. Holding directorships in multiple publicly listed companies, he has also contributed to the education domain by visiting faculty for Capital Market-related courses in numerous business schools and institutions.

2. Ms. Nipa Sheth

Ms. Nipa Sheth is the founder and Director of Trust Group, one of the key players in the wealth management industry of India. Utilizing her rich background in market analysis, she serves as a member on various committees, including the HR Khan Committee Round table on developing the corporate bond market, Advisory Board – NSE, and ASSOCHAM National Council on Capital Market. With the help of her commendable guidance and mentorship, TRUST Group has won the prestigious IFR Asia’s India Bond House for the years 2014 and 2017.

3. Mr. Hemant M. Nerurkar

Mr. Nerurkar was associated with Tata Steel for more than 35 years. After joining the company in 1972, he gained immense experience in the managing sector, eventually becoming the Managing Director in India and South East Asia Operations. He currently oversees much of the operations at Tata as the Chairman of the Board of Directors in TRL Krosaki Refractories Limited (formerly Tata Refractories Limited – a JV company of Tata Steel and Krosaki Harima Corporation, Japan) and NCC Ltd (formerly Nagarjuna Construction Company Limited). Besides the roles mentioned above, he fulfills other directorial duties at Tega Industries, Adani Enterprises Ltd., Skill Council for Mining Sector, Crompton Greaves Consumer Electricals Ltd, DFM Foods Limited, etc. Possessing expansive knowledge in the field of finance and management has helped him achieve prestigious accolades, including CEO with HR orientation by Star New and Asia’s Best Employer Brand Awards, Best CEO of the Year Award – 2011 conferred by Indian Institute of Materials Management, and “Icons of Maharashtra” award by the CBD Foundation.

4. Mr. Rajeev Agarwal

Mr. Agarwal has profuse experience in taxation, securities markets, and commodities markets. His most prominent roles were as the Whole Time Member of SEBI for 5 years, along with being the Commissioner of the Regulatory Commission. Apart from this, he was associated with the investigation and enforcement divisions of the Indian Revenue Service, participating in quite a few policy reforms in security instruments such as Mutual Funds, AIFs, Foreign Portfolio Investors, International Affairs, Market Intermediaries, Legal and Surveillance affairs. He was engaged in Indo-US Economic and Financial form at an international platform. On a consultative front, he guides Indian startups about regulatory issues, administration, and funding. He is an active advisory to domestic corporates and a few global firms that want to achieve a better understanding of the Indian market.