Debt
Direct
Banking & Psu
NAV as on 06-09-2024
₹ 1211.57
Inception Returns
5.6%
/yr
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.
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.
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
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.
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 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.
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 |
as on (06-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Corporate, Government
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% |
AAA | 100 |