TRUSTMF Small Cap Fund - Regular (G)

Details of Mr. Mayuresh Nagvekar

Age: 27 years

Designation: Dealer - Equity

Qualification: B.Com in Financial Management

Change in Fund Manager:

Motilal Oswal Balance Advantage Fund – Regular Plan – Quarterly IDCW Option: Rs 0.19

Motilal Oswal Balance Advantage Fund – Direct Plan – Quarterly IDCW Option: Rs 0.20

Sundaram Aggressive Hybrid Fund - Regular Plan-Monthly-IDCW Option: 0.250

Sundaram Aggressive Hybrid Fund - Direct Plan-Monthly-IDCW Option: 0.350

Sundaram Balanced Advantage Fund - Regular Plan-Monthly-IDCW Option: 0.115

Sundaram Balanced Advantage Fund - Direct Plan-Monthly-IDCW Option: 0.140

Details of Mr. Dushyant Sarsonia

Age: 38 years

Designation: Dealer - Debt

Qualification: MBA, Finance & Marketing Certified Treasury Professional (CTP), Indian Institute of Banking & Finance

Experience: 11 Years and 09 Months

Change in the name of the Scheme:

DSP ELSS Tax Saver Fund - Regular Plan – IDCW Option: 0.5900

DSP ELSS Tax Saver Fund - Direct Plan – IDCW Option: 0.5900

The net assets under the management (AUM) of the Indian mutual fund industry continued to grow in July 2025, reaching a new high of Rs 75.35 lakh crore, according to data from the Association of Mutual Funds of India (AMFI). This is a 1.28% increase from Rs 74.40 lakh crore at the end of June.

The AUM of open-ended plans increased from Rs 74.14 lakh crore in June 2025 to Rs 75.10 lakh crore in July 2025. Investors continued to be drawn to equity plans in this category, with net inflows of Rs 42,702.35 crore.

Within equity, sectoral/thematic funds drew the most significant inflows in July, attracting Rs 9,426.03 crore. Flexi Cap Funds followed suit with Rs 7,654.33 crore, while equity linked saving schemes (ELSS) saw net outflows of Rs 368.18 crore.

Debt funds witnessed net inflows in July, totaling Rs 1.06 lakh crore. This category had recorded net outflow of Rs 1,711.47 crore in June. Money Market Funds recorded maximum inflows of Rs 44,573.60 crore. Other debt segments like liquid funds, low duration fund and overnight fund also saw significant inflows.

Hybrid schemes, offering a mix of equity and debt exposure, recorded inflows of Rs 20,879.47 crore in July. This was largely driven by arbitrage funds, which attracted Rs 7,295.70 crore.

The systematic investment plan (SIP) contributions reportedly rose to Rs 28,464 crore in July 2025, up by 4% from Rs 27,269 crore recorded in June 2025. The number of contributing SIP accounts also rose from 8.64 crore in June to 9.11 crore in July, marking an addition of 47 lakh accounts.

Change in name of Benchmark of Tata India Pharma and Healthcare Fund

Change in Exit Load:

Change in Exit Load:

Change in Fund Manager:

This actively managed fund aims to balance risk and return by tactically allocating capital across three distinct asset classes: equities for growth, fixed income instruments for stability, and precious metals like gold and silver for hedge and diversification. The strategy is rooted in the philosophy that asset classes perform differently across market cycles, and combining them can reduce overall portfolio volatility while enhancing return potential over the long term.

The fund will be available in both Growth and Income Distribution cum Capital Withdrawal (IDCW) options. The minimum investment required is Rs 1,000, with an exit load of 1% if more than 10% of units are redeemed within 12 months. There is no lock-in period, making it a flexible choice for investors. However, the fund carries a high-risk rating, which is typical for products involving equity and commodity exposure.

In terms of performance benchmarking, the scheme will track a custom index comprising 45% NIFTY Composite Debt Index, 30% domestic gold and silver prices, and 25% BSE 500 Total Return Index. This diversified benchmark is reflective of the fund’s allocation strategy and serves as a relevant yardstick to evaluate performance across asset categories.

The fund is managed by Mayur Patel, under the stewardship of 360 ONE Asset Management.

With its cross-asset strategy, the 360 ONE Multi Asset Allocation Fund is tailored for investors looking to participate in multiple market opportunities within one structured product.

Details of Mr. Khush Paras Semlani

Age: 24 years

Designation: Dealer - ETF

Qualification: Chartered Accountant

Experience: 1 Year

Positioned as a passive solution for long-term investors, the fund seeks to provide broad exposure across equity, debt, and commodities by investing in four exchange-traded funds. These include ETFs tracking the Nifty 100 for large-cap equities, the Nifty Midcap 150 for mid-cap equities, gold ETFs for commodity exposure, and government securities (G-sec ETFs) for fixed-income allocation. The fund will follow a pre-defined mix of 30% large-cap, 30% mid-cap, 25% gold, and 15% G-secs.

The investment strategy is designed to offer better risk-adjusted returns by combining asset classes that historically have low correlation with each other. This approach aims to minimise overall portfolio volatility while capturing growth from equities and hedging against uncertainty through gold and government bonds. The internal rebalancing of the fund, done without triggering capital gains taxes, is expected to enhance post-tax returns for long-term investors.

As per the fund presentation, the Zerodha Multi Asset Passive Fund of Fund (FoF) has delivered a simulated Compound Annual Growth Rate (CAGR) of 14.5% over the 10-year period between 17 July 2015 and 18 July 2025, based on its intended asset allocation across equity large-cap and mid-cap ETFs, gold, and G-sec ETFs. During the same period, the volatility of the fund's intended exposure stood at 10.5%, which is lower than the individual volatilities of Nifty 100 TRI, Nifty Midcap 150 TRI, and Gold.

Managed by Kedarnath Mirajkar, the fund has a minimum investment requirement of just Rs 100, making it an accessible choice for investors at all levels. According to Zerodha, this fund suits individuals who prefer a hands-off, tax-efficient investment that automatically adjusts to market movements while staying rooted in a disciplined asset allocation framework.

The fund is scheduled to reopen for continuous repurchase and sale from 21 August 2025, and will be available on leading mutual fund platforms.

The open-ended fund is designed to invest in special situations, unique market events that can unlock long-term capital appreciation. These include corporate restructuring, mergers and acquisitions, regulatory changes, policy shifts, disruptive innovation, sectoral shifts, and temporary crises impacting specific companies or industries.

The scheme is benchmarked against the Nifty 500 Total Return Index and follows MOMF’s signature QGLP framework, focusing on Quality businesses with Growth potential, Longevity, and available at a reasonable Price. The fund will employ a focused, high-conviction, actively managed strategy, concentrating on equities and equity-related instruments likely to benefit from transformational events.

The equity component will be jointly managed by Ajay Khandelwal, Atul Mehra, and Bhalchandra Shinde, while Rakesh Shetty will manage the debt component and Sunil Sawant will handle overseas securities.

The fund is aimed at long-term investors seeking exposure to special-situation-driven opportunities and is suitable for those willing to ride through short-term volatility for potential structural gains.

Prateek Agrawal, managing director (‘MD’) and chief executive officer (‘CEO’) at Motilal Oswal Asset Management Company Ltd (MOAMC), said, "The Motilal Oswal Special Opportunities Fund is intended for investors seeking to benefit from evolving market dynamics driven by special situations such as policy reforms, corporate actions, and structural shifts across sectors. Leveraging our research-led QGLP investment framework, the fund seeks to build a focused portfolio of companies navigating such transitions, with an emphasis on long-term capital appreciation."

Ajay Khandelwal, fund manager at MOAMC, added, "Manufacturing, services, FDIs, and exports are expected to grow significantly, supported by structural reforms like PLI, RERA, and Atmanirbhar Bharat. We believe that corporate actions and macro shifts may continue to create special opportunities capable of disrupting markets. The fund will follow a blend of bottom-up stock picking and top-down analysis to identify companies navigating such transformative phases. This may span sectors like chemicals, EMS, infrastructure, defence, hospitality, healthcare, and IPO-bound firms. As growth-oriented managers, our aim is to align with India’s evolving economic landscape and seek long term capital appreciation."