TrustMF Fixed Maturity Series II 1196 Days Fund Direct Growth

TrustMF Fixed Maturity Series II 1196 Days Fund Direct Growth is a debt fund. This fund was started on 3 April, 2023. The fund is managed by . This fund is suitable to keep your money safe.

1. TrustMF Fixed Maturity Series II 1196 Days Fund Direct Growth has ₹59 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.4.
   

TrustMF Fixed Maturity Series II 1196 Days Fund Direct Growth has given a CAGR return of 8.93% since inception. Over the last 1 year the fund has given a CAGR return of 9.35%.

TrustMF Fixed Maturity Series II 1196 Days Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent. Its top holdings are Andhra Pradesh State Beverages Corporation Limited, Ongc Petro Additions Limited, The Great Eastern Shipping Company Limited, Tata Projects Ltd., Century Textiles And Industried Limited

As it is a fixed maturity short-term bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The scheme endeavours to provide regular income and capital growth to the investors through investments in a portfolio comprising of debt and Money Market Instruments maturing on or before the maturity of the scheme. However, there can be no assurance that the investment objective of the scheme will be realized.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. TrustMF Fixed Maturity Series II 1196 Days Fund Direct Growth has no lock in period.