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Prospectus [Line Items] rr_ProspectusLineItems  
Document Type dei_DocumentType 497
Document Period End Date dei_DocumentPeriodEndDate Sep. 09, 2016
Registrant Name dei_EntityRegistrantName MUTUAL FUND SERIES TRUST
Central Index Key dei_EntityCentralIndexKey 0001355064
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Trading Symbol dei_TradingSymbol mfst
Document Creation Date dei_DocumentCreationDate Sep. 09, 2016
Document Effective Date dei_DocumentEffectiveDate Sep. 09, 2016
Prospectus Date rr_ProspectusDate Sep. 09, 2016
AlphaCentric Income Opportunities Fund  
Prospectus [Line Items] rr_ProspectusLineItems  
Risk/Return [Heading] rr_RiskReturnHeading

AlphaCentric Income Opportunities Fund
Supplement [Text Block] mfst_SupplementTextBlock

MUTUAL FUND SERIES TRUST

AlphaCentric Income Opportunities Fund

(“the Fund”)

Class A: IOFAX Class C: IOFCX Class I: IOFIX

 

September 9, 2016

 

The information in this Supplement amends certain information contained in the currently effective Prospectus and Summary Prospectus for the Fund (the “Fund”), each dated August 1, 2016.

 

 

The third paragraph under the section’s entitled Fund Summary Prospectus: AlphaCentric Income Opportunities Fund – Principal Investment Strategies” and “Additional Information About the Funds’ Principal Investment Strategies and Related Risks – Principal Investment Strategies” are hereby replaced with the following:

 

“While there are no restrictions on the maturity of individual securities, the securities in the Fund’s portfolio will generally have an average duration of less than five years. The Fund does not limit its investments to a particular credit quality and may invest in distressed asset backed securities and other below investment grade securities (commonly referred to as “junk”) without limitation. Below investment grade securities are those rated below Baa3 by Moody’s Investor Services or equivalently by another nationally recognized statistical rating organization as well as non-rated securities. The Fund may hold up to 15% of its net assets in illiquid securities.”

 

* * * * *

You should read this Supplement in conjunction with the Prospectus, Summary Prospectus and Statement of Additional Information, each dated August 1, 2016, which provide information that you should know about the Fund before investing. These documents are available upon request and without charge by calling the Fund toll-free at 1-844-223-8637 or by writing to 17605 Wright Street, Omaha, Nebraska 68130.

 

Please retain this Supplement for future reference.