TRUST Mutual Fund | About Us

The TRUST Group has been making its mark in the financial world for the last two decades, starting as a fixed-income distribution company and later evolving into one of the top non-banking debt capital market players. TRUST Investment Advisors Private Limited (“TIAPL”) has been one of the top 5 Corporate Bond arrangers, alongside the other leading Banks such as AXIS, HDFC, SBI etc. over the last five years. TRUST Mutual Fund is the Group's first foray into the retail segment. Incepted in October 2019, it is sponsored by TIAPL a Company which is the part of TRUST Group.

TRUST Asset Management Private Limited (“TRUST AMC”) currently offers seven fixed-income products. TRUST AMC has allied with CRISIL as a strategic knowledge partner. CRISIL helps in critically evaluating the investment universe and assist in constructing a model portfolio after due filtration process. In order to enable a CLEAR, CREDIBLE and CONSISTENT investment approach the portfolio is constructed basis limited deviation from the Model Portfolio which is named as LimitedACTIV Methodology®#. TRUST AMC will gradually offer a complete suite of products in the future.

The Company's leadership front is robust and agile, with Mr. Sandeep Bagla spearheading the business as Chief Executive Officer. He has around three decades of experience in the financial markets and leading mutual funds like Reliance MF, AIG MF and Principal MF. He has also managed fixed-income portfolios for primary dealers like ICICI Securities PD & ABN AMRO Securities PD and financial institutions like ICICI Ltd. Mr. Bagla has been associated with TRUST Group since 2014 and has successfully headed verticals like Debt PMS, Foreign Institutional relationships, and New Initiatives.

Mihir Vora is the Chief Investment Officer at TRUST AMC, with a remarkable career spanning nearly three decades in investment. He has a proven track record across various asset classes including equity, fixed income, real estate, and alternative investment funds. Before joining TRUST Mutual Fund, Mihir held the position of Senior Director & Chief Investment Officer at Max Life Insurance, where he managed assets exceeding INR 130,000 crores. He has also held senior roles at notable financial institutions such as Aditya Birla Sun Life Mutual Fund, Abu Dhabi Investment Authority, HSBC Mutual Fund, ABN AMRO Mutual Fund, ICICI Prudential Mutual Fund, and SBI Mutual Fund.

The Company's Chief Business Officer is Mr. Ajaykumar Gupta. Being an industry veteran, Ajay brings to the table around three decades of experience in the financial services domain. Before joining TRUST AMC, he was with Axis AMC, which he joined at a very nascent stage and was instrumental in running their Institutional Business. Before that, he worked with the Kotak Mahindra Group for two decades.

Mr. Anand Nevatia currently manages all the schemes of TRUST Mutual Fund and has around two decades of experience in the financial markets. Anand has been associated with the TRUST Group since 2003 wherein he managed the Fixed Income PMS for the Group since 2014.

*CRISIL has been engaged for - construction & periodic rebalancing of model portfolio & universe, back testing & ongoing investment process validation.

#TRUSTMF has adopted Limited Active Methodology for all its Schemes except TRUSTMF Overnight Fund, which is a structured methodology where the fund manager attempts to invest predominantly in line with the internally created model portfolio and takes exposure on pre-defined limits.

Trust Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Trust Investment Advisors Private Limited (liability restricted to Rs 1 lakh). Trustee: Trust AMC Trustee Private Limited: Investment Manager: Trust Asset Management Private Limited (the AMC). The AMC (including its affiliates), the Mutual Fund, the trust and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, loss in any way arising from the use of this material in any manner.

TRUST through its existence of close to two decades has evolved into a full-service financial house offering comprehensive solutions across multiple asset classes like debt, equity and real estate. With presence across India, TRUST partners with its clients for investment banking, capital market services, asset management & advisory, and wealth management & family office advisory.

The Group is a thought and a market leader in the debt capital and derivative markets. We focus on insight-led value-creation and wealth solutions for corporates and investors.

The Group through its subsidiaries also provides trans-generational wealth-management advice and product access.

Partnership with clients that last beyond transactions. Longevity and long-term perspective.

Above all, Clients First. This is our DNA.

Corporate Structure of TRUST Group –

Trust Financial Consultancy Services Private Limited holds licenses on various segments viz. Whole Debt Market, Interest Rate Future, Capital Market & Derivative Market across NSE, BSE & MSEI. The company has also obtained Certificate of Registration as Research Analyst under SEBI.

Trust Investment Advisors Private Limited is registered with SEBI as a Category 1 Merchant Banker and as a Portfolio Manager.

Trust Capital Services (India) Private Limited is a member of the BSE.

Trust Securities Services Private Limited is a member of the BSE.

Trust Plutus Wealth Manager (India) Private Limited is registered as a mutual fund distributor with AMFI (Association of Mutual Funds of India). Trust Plutus Family Office Investment and Advisers (India) Private Limited, its subsidiary, is registered with SEBI as an Investment Adviser.

Sankhya Financial Services Private Limited is an RBI registered NBFC.

Trust AMC Management Team

Team Member
Mr. Sandeep Bagla
Chief Executive Officer
Team Member
Mr. Mihir Vora
Chief Investment Officer
Team Member
Mr. Ajaykumar Gupta
Chief Business Officer
Team Member
Mr. Anand Nevatia
Fund Manager
Team Member
Ms. Puja Trivedi
Head - Compliance, Legal & Secretarial
Team Member
Mr. Pawan Rathi
Head – Operations & Customer Service

Board of Trust AMC Trustee Private Limited

Team Member
Mr. Ameet Hariani
Independent Director
Team Member
Mr. Ragunathan Kannan
Independent Director
Team Member
Mr. Sanjeev Maheshwari
Independent Director
Team Member
Mr. Abhishek Kedia
Associate Director

Board of Trust Asset Management Private Limited

Team Member
Mr. Hemant M. Nerurkar
Independent Director
Team Member
Mr. Rajeev Agarwal
Independent Director
Team Member
Mr. Utpal Sheth
Associate Director
Team Member
Ms. Nipa Sheth
Associate Director