TrustMF Corporate Bond Fund Direct Growth
DebtCorporate BondModerate Risk
Direct
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹64 Cr
Expense Ratio
0.25%
ISIN
INF0GCD01560
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Jan 2023
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹1126.05, Assets Under Management (AUM) of 64.22 Crores, and an expense ratio of 0.25%.
- TrustMF Corporate Bond Fund Direct Growth has given a CAGR return of 7.54% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 94.07% in debts, and 5.42% in cash & cash equivalents.
- You can start investing in TrustMF Corporate Bond 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
+7.67%
+7.27% (Cat Avg.)
Since Inception
+7.54%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹60.41 Cr | 94.07% |
| Others | ₹3.81 Cr | 5.93% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.19 Cr | 15.79% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹7.05 Cr | 10.93% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹7.03 Cr | 10.89% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹7.02 Cr | 10.88% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹6.8 Cr | 10.53% |
| National Housing Bank | Bond - Corporate Bond | ₹6.02 Cr | 9.33% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.81 Cr | 9.01% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹5.08 Cr | 7.88% |
| Indian Railway Finance Corp Ltd. 7.46% | Bond - Gov't Agency Debt | ₹5.01 Cr | 7.76% |
| Treps | Cash - Repurchase Agreement | ₹1.9 Cr | 2.94% |
| Net Current Assets | Cash | ₹1.3 Cr | 2.02% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹0.69 Cr | 1.06% |
| Investment in Corporate Debt Market Development Fund (CDMDF)$$ | Mutual Fund - Open End | ₹0.32 Cr | 0.50% |
| 182 DTB 22082024 | Bond - Gov't/Treasury | ₹0.3 Cr | 0.46% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹40.41 Cr | 62.64% |
| Bond - Gov't/Treasury | ₹15.57 Cr | 24.14% |
| Bond - Gov't Agency Debt | ₹5.01 Cr | 7.76% |
| Cash - Repurchase Agreement | ₹1.9 Cr | 2.94% |
| Cash | ₹1.3 Cr | 2.02% |
| Mutual Fund - Open End | ₹0.32 Cr | 0.50% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
1.47%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.43
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.44
Higher the better
Fund Managers
Jalpan Shah
Since June 2024
Neeraj Jain
Since April 2024
Additional Scheme Detailsas of 15th August 2024
ISIN | INF0GCD01560 | Expense Ratio | 0.25% | Exit Load | No Charges | Fund Size | ₹64 Cr | Age | 23 Jan 2023 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Corporate Bond B-III 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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 Corporate Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| TrustMF Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹64.22 Cr | 7.2% |
| TrustMF Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹64.22 Cr | 7.7% |
| Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹167.24 Cr | 7.8% |
| Bandhan Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13607.68 Cr | 7.7% |
| Bandhan Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹13607.68 Cr | 7.3% |
| HDFC Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹29865.08 Cr | 8.0% |
| Sundaram Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹710.16 Cr | 7.7% |
| Franklin India Corporate Debt Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹788.92 Cr | 7.1% |
| Nippon India Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹3436.89 Cr | 7.9% |
| Union Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 1.0% | ₹349.94 Cr | 7.6% |
About the AMC
Total AUM
₹870 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% | - | 9.0% |
| TrustMF Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹223.66 Cr | 7.7% |
| TRUSTMF Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹125.02 Cr | 6.8% |
| TrustMF Short Term Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹119.13 Cr | 7.5% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹235.85 Cr | 7.4% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹102.05 Cr | 7.4% |
| TrustMF Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹64.22 Cr | 7.7% |
Risk Level
Your principal amount will be at Moderate Risk
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Who manages the TrustMF Corporate Bond Fund Direct Growth?
- Jalpan Shah
- Neeraj Jain
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