Historical NAV & Returns
About TRUSTMF Overnight Fund Direct Growth
TRUSTMF Overnight Fund Direct Growth 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
- TRUSTMF Overnight Fund Direct Growth has ₹211 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
TRUSTMF Overnight Fund Direct Growth has given a CAGR return of 6.10% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 6.59% and 6.32% respectively.
Holdings
TRUSTMF Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are 182 Days Tbill
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: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.
Investment objective of TRUSTMF Overnight Fund Direct Growth
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 Growth has no lock in period.
TRUSTMF Overnight Fund Direct Growth Overview
| Expense ratio | 0.07% |
Benchmark | CRISIL Liquid Overnight TR INR |
| AUM | ₹211 Cr |
| Inception Date | 19 January, 2022 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 7.23% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low Risk |
Trailing Returns
as on (18-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 210.6 Cr as of Mar'25
- AUM increased by 28.3 Cr between Mar'25 and Feb'25
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 182 Days Tbill | 4% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 TRUSTMF Overnight Fund Direct Growth | 6.59% | 6.32% | - | 6.1% |
 Bank of India Overnight Fund Direct Growth | 6.69% | 6.43% | 5.17% | 5.14% |
 Axis Overnight Fund Direct Growth | 6.65% | 6.38% | 5.1% | 5.09% |
 ICICI Prudential Overnight Fund Direct Growth | 6.59% | 6.33% | 5.05% | 5.14% |
TRUSTMF Overnight Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹211 Cr
Expense Ratio 0.07%
More funds from Trust
3Y CAGR
▲ 7.17
1Y CAGR
▲ 9.15
3Y CAGR
▲ 6.88
1Y CAGR
▲ 7.82
3Y CAGR
▲ 6.85
Frequently Asked Questions for TRUSTMF Overnight Fund Direct Growth
TRUSTMF Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.51% | 0.51% |
6 Month Returns | 3.21% | 3.21% |
1 Year Returns | 6.59% | 6.59% |
3 Years Returns | 20.19% | 6.32% |
- 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 |