TrustMF Banking & PSU Fund Direct Growth

TrustMF Banking & PSU Fund Direct Growth

Debt

Direct

Banking & Psu

NAV as on 07-11-2024

₹ 1228.64

Inception Returns

5.7%

/yr

About TrustMF Banking & PSU Fund Direct Growth

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 ₹197 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 5.74% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.01% and 5.72% respectively.

Holdings

TrustMF Banking & PSU Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Indian Railway Finance Corporation Limited, National Housing Bank, HDFC Bank Limited, National Bank For Agriculture And Rural Development, Small Industries Development Bank Of India

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.

Historical NAV & Returns

Annualised

TrustMF Banking & PSU Fund Direct Growth Overview

Expense ratio0.21%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹197 Cr
Inception Date2 February, 2021
Min Lumpsum/SIP₹1000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
113.95%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (07-Nov-24)

Period
TrustMF Banking & PSU Fund Direct Growth
Banking and PSU Index
1M
0.6%
0.5%
3M
2%
1.6%
6M
4.2%
3.5%
1Y
8%
7.2%
3Y
5.7%
5.5%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.5%

AAA
100%

Sector Allocation

Sep'24

Aug'24

Jul'24

Corporate
64.1%
Government
30%
Cash Equivalent
5.9%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 214.3 Cr
₹ 214.3 Cr
₹ 223.7 Cr
  • AUM of the fund stands at 214.3 Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Cash allocation has gone up from 6.3% to 15.5%
Cash allocation has gone up from 6.3% to 15.5%
Debt allocation has gone down from 93.3% to 84%
Debt allocation has gone down from 93.3% to 84%

Top 2 Sectors in September were Corporate, Government

Sep'24
Corporate
64%
Government
30%
Aug'24
Corporate
63%
Government
33%
  • Debt & Cash

Holdings
Weight%
1M Change
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
10.24%
100%
National Housing Bank
National Housing Bank
9.68%
0%
HDFC Bank Limited
HDFC Bank Limited
9.35%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
9.22%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
9.16%
0%
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Fund House
Trust Asset Management Private Limited
Total Schemes
Total AUM
₹1.84K Cr
as on 30-Sep-2024
Address
Trust Asset Management Private Limited,801, 8th Floor, G Block, Naman Center, Bandra Kurla Complex,Bandra (East),,Mumbai 400051
Phone
+912262746000
Website
puja.trivedi@trustmf.com

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 5.74% since inception which is less than its category average return of 5.79%
AUM size ₹197 Cr

AUM size ₹197 Cr

This fund has AUM of ₹197 Cr which is less than its category average of ₹ 3556 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 for TrustMF Banking & PSU Fund Direct Growth

The current NAV of TrustMF Banking & PSU Fund Direct Growth is ₹1228.64 as on 07-Nov-2024.
Existing (Absolute + CAGR) as on 07-Nov-2024.
TrustMF Banking & PSU Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.64%
0.64%
6 Month Returns
4.22%
4.22%
1 Year Returns
8.01%
8.01%
3 Years Returns
18.17%
5.72%
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 October 2024
₹197 Cr as on October 2024
Indian Railway Finance Corporation Limited(10.24%), National Housing Bank(9.68%), HDFC Bank Limited(9.35%), National Bank For Agriculture And Rural Development(9.22%), Small Industries Development Bank Of India(9.16%) as on October 2024
Corporate(62.43%), Government(29.94%), Cash Equivalent(7.64%) as on October 2024
Yield to Maturity is 7.36 as on October 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 2.63 as on October 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%