TRUSTMF Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹102 Cr
Expense Ratio
0.16%
ISIN
INF0GCD01503
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
18 Aug 2022
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹1152.38, Assets Under Management (AUM) of 102.05 Crores, and an expense ratio of 0.16%.
- TRUSTMF Money Market Fund Direct Growth has given a CAGR return of 7.09% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 21.57% in debts, and 77.74% in cash & cash equivalents.
- You can start investing in TRUSTMF Money Market 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
+7.35%
+6.56% (Cat Avg.)
Since Inception
+7.09%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹22.01 Cr | 21.57% |
| Others | ₹80.04 Cr | 78.43% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹11.27 Cr | 16.83% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹10.61 Cr | 15.84% |
| Icici Securities Limited | Cash - Commercial Paper | ₹9.67 Cr | 14.44% |
| LIC Housing Finance Ltd. | Bond - Corporate Bond | ₹9.6 Cr | 14.34% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹9.34 Cr | 13.96% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹8.99 Cr | 13.43% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.84 Cr | 7.23% |
| Treps | Cash - Repurchase Agreement | ₹1.74 Cr | 2.60% |
| Investment in Corporate Debt Market Development Fund (CDMDF)$$ | Mutual Fund - Open End | ₹0.46 Cr | 0.69% |
| 182 DTB 22082024 | Bond - Gov't/Treasury | ₹0.4 Cr | 0.60% |
| Net Current Assets | Cash | ₹0.03 Cr | 0.05% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹30.87 Cr | 46.10% |
| Cash - Commercial Paper | ₹19.01 Cr | 28.39% |
| Bond - Corporate Bond | ₹9.6 Cr | 14.34% |
| Bond - Short-term Government Bills | ₹4.84 Cr | 7.23% |
| Cash - Repurchase Agreement | ₹1.74 Cr | 2.60% |
| Mutual Fund - Open End | ₹0.46 Cr | 0.69% |
| Bond - Gov't/Treasury | ₹0.4 Cr | 0.60% |
| Cash | ₹0.03 Cr | 0.05% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.70%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.39
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.19
Higher the better
Fund Managers
Jalpan Shah
Since June 2024
Neeraj Jain
Since April 2024
Additional Scheme Detailsas of 15th August 2024
ISIN | INF0GCD01503 | Expense Ratio | 0.16% | Exit Load | No Charges | Fund Size | ₹102 Cr | Age | 18 Aug 2022 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Money Market B-I 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 Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹497.24 Cr | 6.8% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹175.41 Cr | 7.2% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹175.41 Cr | 6.5% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹102.05 Cr | 7.4% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹102.05 Cr | 7.2% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹25.89 Cr | 6.7% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹25.89 Cr | 6.3% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹27172.45 Cr | 7.6% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1924.84 Cr | 7.5% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹28157.84 Cr | 7.5% |
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 Low to Moderate Risk
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What is the current NAV of TRUSTMF Money Market Fund Direct Growth?
What is the portfolio composition of TRUSTMF Money Market Fund Direct Growth?
Who manages the TRUSTMF Money Market Fund Direct Growth?
- Jalpan Shah
- Neeraj Jain
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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