TRUSTMF Money Market Fund Direct Growth
Debt
Direct
Money Market
NAV as on 22-10-2024
₹ 1163.82
Inception Returns
7.2%
/yr
About TRUSTMF Money Market Fund Direct Growth
TRUSTMF Money Market Fund Direct Growth is a debt fund. This fund was started on 18 August, 2022. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- TRUSTMF Money Market Fund Direct Growth has ₹95 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
TRUSTMF Money Market Fund Direct Growth has given a CAGR return of 7.15% since inception. Over the last 1 year the fund has given a CAGR return of 7.56%.
Holdings
TRUSTMF Money Market Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are HDFC Bank Limited, 364 DTB 13022025, Icici Securities Limited, LIC Housing Finance Ltd., Bajaj Finance Limited
Taxation
As it is a money market 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 Money Market Fund Direct Growth
To generate income/ capital appreciation by investing in money market instruments having maturity of upto 1 year. However, there can be no assurance that the investment objective of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. TRUSTMF Money Market Fund Direct Growth has no lock in period.
Historical NAV & Returns
TRUSTMF Money Market Fund Direct Growth Overview
| Expense ratio | 0.16% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹95 Cr |
| Inception Date | 18 August, 2022 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 300.39% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (22-Oct-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 68.5 Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top 2 Sectors in September were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Limited | 11.96% | 0% | |
364 DTB 13022025 | 10.27% | 100% | |
Icici Securities Limited | 10.27% | 0% | |
LIC Housing Finance Ltd. | 10.2% | 0% | |
Bajaj Finance Limited | 9.92% | 100% |
TRUSTMF Money Market Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.16%
Frequently Asked Questions for TRUSTMF Money Market Fund Direct Growth
TRUSTMF Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.68% | 0.68% |
6 Month Returns | 3.72% | 3.72% |
1 Year Returns | 7.56% | 7.56% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
AAA | 100 |