TrustMF Banking & PSU Debt Fund Direct Growth
DebtBanking & PSUModerate Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹198 Cr
Expense Ratio
0.21%
ISIN
INF0GCD01107
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
02 Feb 2021
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹1231.67, Assets Under Management (AUM) of 197.71 Crores, and an expense ratio of 0.21%.
- TrustMF Banking & PSU Debt Fund Direct Growth has given a CAGR return of 5.75% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 73.51% in debts, and 26.09% in cash & cash equivalents.
- You can start investing in TrustMF Banking & PSU Debt Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.04%
+7.13% (Cat Avg.)
3 Years
+5.73%
+5.49% (Cat Avg.)
Since Inception
+5.75%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Debt | ₹145.32 Cr | 73.51% |
| Others | ₹52.38 Cr | 26.49% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹25.32 Cr | 10.51% |
| State Bank of India | Bond - Corporate Bond | ₹24.81 Cr | 10.30% |
| Power Finance Corp Ltd. 7.6% | Bond - Corporate Bond | ₹22.18 Cr | 9.21% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹20.15 Cr | 8.36% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹18.51 Cr | 7.68% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹18.15 Cr | 7.53% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹18.08 Cr | 7.51% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹18.08 Cr | 7.50% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹15.3 Cr | 6.35% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹15.15 Cr | 6.29% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹12.39 Cr | 5.14% |
| National Housing Bank | Bond - Corporate Bond | ₹9.04 Cr | 3.75% |
| 7.04% Govt Stock 2029 | Bond - Gov't/Treasury | ₹5.04 Cr | 2.09% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.01 Cr | 2.08% |
| Lic Housing Finance Limited 04-Mar-2025 ** | Cash | ₹4.89 Cr | 2.03% |
| Net Current Assets | Cash | ₹4.7 Cr | 1.95% |
| Hdfc Bank Limited 24-Jun-2025 # ** | Cash | ₹2.87 Cr | 1.19% |
| Investment in Corporate Debt Market Development Fund (CDMDF)$$ | Mutual Fund - Open End | ₹0.98 Cr | 0.41% |
| 182 DTB 18112024 | Bond - Gov't/Treasury | ₹0.25 Cr | 0.10% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹181.55 Cr | 75.36% |
| Cash - Repurchase Agreement | ₹25.32 Cr | 10.51% |
| Bond - Gov't/Treasury | ₹20.6 Cr | 8.55% |
| Cash | ₹12.47 Cr | 5.17% |
| Mutual Fund - Open End | ₹0.98 Cr | 0.41% |
Risk & Performance Ratios
Standard Deviation
This fund
1.34%
Cat. avg.
1.50%
Lower the better
Sharpe Ratio
This fund
-0.33
Cat. avg.
-0.52
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.41
Higher the better
Fund Managers
Jalpan Shah
Since June 2024
Neeraj Jain
Since April 2024
Additional Scheme Detailsas of 15th November 2024
ISIN INF0GCD01107 | Expense Ratio 0.21% | Exit Load No Charges | Fund Size ₹198 Cr | Age 3 years 9 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Banking and PSU Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Banking & PSU Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13429.06 Cr | 7.9% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹13429.06 Cr | 7.6% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹586.11 Cr | 7.7% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹586.11 Cr | 8.1% |
| PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹45.38 Cr | 6.8% |
| PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹45.38 Cr | 6.6% |
| Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹247.92 Cr | 7.7% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹247.92 Cr | 8.1% |
| Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹207.53 Cr | 7.0% |
| Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹207.53 Cr | 6.5% |
About the AMC
Trust Mutual Fund
Total AUM
₹1,033 Cr
Address
801, 8th Floor, G Block, Naman Center, Bandra Kurla Complex, Mumbai, 400051
Other Funds by Trust Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| TrustMF Fixed Maturity Plan - Series II (1196 Days) Direct Growth High Risk | - | 0.0% | - | 9.2% |
| TrustMF Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹197.71 Cr | 8.0% |
| TRUSTMF Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹141.30 Cr | 6.7% |
| TrustMF Short Term Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹147.35 Cr | 7.8% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹307.19 Cr | 7.4% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹101.63 Cr | 7.5% |
| TrustMF Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹74.84 Cr | 8.2% |
Risk Level
Your principal amount will be at Moderate Risk
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- Jalpan Shah
- Neeraj Jain
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