TrustMF Banking & PSU Fund Direct Growth
Debt
Direct
Banking & Psu
NAV as on 06-09-2024
₹ 1211.57
Inception Returns
5.6%
/yr
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
- TrustMF Banking & PSU Fund Direct Growth has ₹224 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 Banking & PSU Fund Direct Growth has given a CAGR return of 5.61% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.71% and 5.26% 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. 7.55%, Indian Railway Finance Corp Ltd. 7.46%, National Housing Bank, 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.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.21% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹224 Cr |
| Inception Date | 2 February, 2021 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 113.95% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (06-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 213.5 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top 2 Sectors in July were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.37% Govt Stock 2028 | 14.01% | 20% | |
Power Finance Corp Ltd. 7.55% | 11.44% | 0% | |
Indian Railway Finance Corp Ltd. 7.46% | 9.16% | 0% | |
National Housing Bank | 8.71% | 0% | |
HDFC Bank Limited | 8.41% | 0% |
TrustMF Banking & PSU Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.21%
Frequently Asked Questions
TrustMF Banking & PSU Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 4.11% | 4.11% |
1 Year Returns | 7.71% | 7.71% |
3 Years Returns | 16.61% | 5.26% |
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 |