TrustMF Banking & PSU Fund Direct Growth

Debt
Direct
Banking & Psu
TrustMF Banking & PSU Fund Direct Growth

About the Fund

TrustMF Banking & PSU Fund Direct Growth is a debt fund. This fund was started on 2 February, 2021. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. TrustMF Banking & PSU Fund Direct Growth has ₹214 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

TrustMF Banking & PSU Fund Direct Growth has given a CAGR return of 5.49% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.43% and 5.38% respectively.

Holdings

TrustMF Banking & PSU Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.37% Govt Stock 2028, Power Finance Corp Ltd. 7.6%, National Housing Bank, Indian Railway Finance Corporation Limited, HDFC Bank Limited

Taxation

As it is a banking & psu mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of TrustMF Banking & PSU Fund Direct Growth

To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds. However, there can be no assurance that the investment objective of the scheme will be realised

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. TrustMF Banking & PSU Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 1.1K in TrustMF Banking & PSU Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.21%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹214 Cr
Inception Date2 February, 2021
Min Lumpsum/SIP₹1000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
46.56%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.6%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Corporate
61.3%
Government
29.3%
Cash Equivalent
9.5%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.37% Govt Stock 2028
7.37% Govt Stock 2028
11.86%
66.7%
Power Finance Corp Ltd. 7.6%
Power Finance Corp Ltd. 7.6%
11.71%
0%
National Housing Bank
National Housing Bank
8.9%
100%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
8.83%
0%
HDFC Bank Limited
HDFC Bank Limited
8.59%
0%

TrustMF Banking & PSU Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.49% since inception which is less than its category average return of 5.59%
AUM size ₹214 Cr

AUM size ₹214 Cr

This fund has AUM of ₹214 Cr which is less than its category average of ₹ 3604 Cr
Expense Ratio 0.21%

Expense Ratio 0.21%

This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 0.49%

Frequently Asked Questions

The current NAV of TrustMF Banking & PSU Fund Direct Growth is ₹1197.61 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
TrustMF Banking & PSU Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.74%
0.74%
6 Month Returns
3.94%
3.94%
1 Year Returns
7.43%
7.43%
3 Years Returns
17.01%
5.38%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.21% as on June 2024
₹214 Cr as on June 2024
7.37% Govt Stock 2028(11.86%), Power Finance Corp Ltd. 7.6%(11.71%), National Housing Bank(8.9%), Indian Railway Finance Corporation Limited(8.83%), HDFC Bank Limited(8.59%) as on June 2024
Corporate(61.28%), Government(29.27%), Cash Equivalent(9.45%) as on June 2024
Yield to Maturity is 7.56 as on June 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.38 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
The Exit load of TrustMF Banking & PSU Fund Direct Growth is 0%