TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
Overnight
TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

About the Fund

TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 19 January, 2022. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl has ₹332 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 5.83% since inception. Over the last 1 year the fund has given a CAGR return of 6.53%.

Holdings

TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Government. Its top holdings are 182 DTB 20062024

Taxation

As it is a overnight 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 Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

The investment objective of the Scheme is to provide reasonable returns commensurating with overnight call rates and providing a high level of liquidity, through investments in overnight securities having maturity / unexpired maturity of 1 business day. 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 Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.07%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹332 Cr
Inception Date
Inception Date
19 January, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
99.3%
Government
0.7%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
182 DTB 20062024
182 DTB 20062024
2.2%
0%

TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low Risk

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

About the fund

This fund has delivered an average annual returns of 5.83% since inception which is more than its category average return of 3.66%
AUM size ₹332 Cr

AUM size ₹332 Cr

This fund has AUM of ₹332 Cr which is less than its category average of ₹ 2648 Cr
Expense Ratio 0.07%

Expense Ratio 0.07%

This fund has an expense ratio of 0.07% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions

The current NAV of TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl is ₹1146.08 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.48%
0.48%
6 Month Returns
3.07%
3.07%
1 Year Returns
6.53%
6.53%
3 Years Returns
0%
0%
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.
0.07% as on May 2024
₹332 Cr as on May 2024
Yield to Maturity is 6.61 as on May 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 0.01 as on May 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 Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl is 0%