TRUSTMF Banking & PSU Fund Direct - Growth

Q: What are the returns of TRUSTMF Banking & PSU Fund?

The TRUSTMF Banking & PSU Fund is a 4 yrs 3 m old fund and has delivered average annual returns of 6.19% since inception. TRUSTMF Banking & PSU Fund Returns 1-Year 3-Year Since Inception 9.17% 6.85% 6.19%

Previously called: TRUSTMF Banking & PSU Debt Direct-G

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹1283.4803+0.06% 1 day change	6.19% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹1283.4803 as on Apr 23, 2025

This fund Category average

TRUSTMF Banking & PSU Fund overview

VRO rating	3
Expense ratio	0.2108% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹131 Crs
Lock-in	No Lockin
Age	4 yrs 3 m since Jan 15, 2021
Benchmark	CRISIL Banking and PSU Debt A-II
Min. investment	SIP ₹1000 & Lump. ₹1000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

TRUSTMF Banking & PSU Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 08, 2025

Period	This fund	Category average
1 month	1.72%	1.95%
3 months	3.05%	3.3%
6 months	4.7%	5.0%
1 year	9.17%	9.71%
3 years	6.85%	7.4%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 59.97721424%

A1+ 21.76367109%

SOV 11.96446133%

Cash & Call Money 5.50478714%

Top Debt Holdings

National Housing Bank 14.59%

HDFC Bank Ltd. 14.54%

Power Finance Corporation Ltd. 13.12%

GOI 11.66%

Allocation by Instruments

Debenture 29.126226459999998%

Non Convertible Debenture 27.00965962%

GOI Securities 11.66010341%

Commercial Paper 10.92772201%

Other Holdings

Others 3.22%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
TRUSTMF Banking & PSU Fund	N.A.	₹131 Crs	4 yrs 3 m	0.2108%
ICICI Prudential Banking & PSU Debt Fund	N.A.	₹10,368 Crs	12 yrs 3 m	0.39%
Axis Banking & PSU Debt Fund	N.A.	₹12,961 Crs	12 yrs 3 m	0.35%
LIC MF Banking & PSU Fund	N.A.	₹1,702 Crs	12 yrs 3 m	0.28%
Bandhan Banking & PSU Debt Fund	N.A.	₹13,397 Crs	12 yrs 1 m	0.33%
Aditya Birla Sun Life Banking & PSU Debt Fund	N.A.	₹8,588 Crs	12 yrs 3 m	0.39%

Fund name	1M	6M	1Y	3Y	5Y	10Y
TRUSTMF Banking & PSU Fund	1.72%	4.7%	9.17%	6.85%	N.A.	N.A.
ICICI Prudential Banking & PSU Debt Fund	1.79%	5.06%	9.56%	7.84%	7.41%	7.99%
Axis Banking & PSU Debt Fund	1.8%	4.96%	9.33%	7.11%	6.71%	7.64%
LIC MF Banking & PSU Fund	2.2%	5.23%	10.05%	7.4%	6.55%	7.37%
Bandhan Banking & PSU Debt Fund	1.57%	4.76%	9.26%	7.12%	6.87%	7.6%
Aditya Birla Sun Life Banking & PSU Debt Fund	2.0%	5.08%	9.89%	7.45%	7.1%	7.96%

Fund name	Std. deviation	Beta	Sharpe	Sortino
TRUSTMF Banking & PSU Fund	1.37	2.83	-0.04	-0.03
ICICI Prudential Banking & PSU Debt Fund	0.84	1.39	1.24	1.59
Axis Banking & PSU Debt Fund	0.95	1.84	0.38	0.54
LIC MF Banking & PSU Fund	1.16	2.26	0.46	0.69
Bandhan Banking & PSU Debt Fund	0.96	2.06	0.38	0.47
Aditya Birla Sun Life Banking & PSU Debt Fund	1.04	2.09	0.55	0.7

View all Banking And Psu funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.84 vs. 3.97 Higher outperformance against benchmark
Sharpe	-0.04 vs. 3.21 Poor risk-adjusted returns
Beta	2.83 vs. 1.44 More sensitive to market's ups & downs
Standard deviation	1.37 vs. 1.25 More volatile performance

Compare TRUSTMF Banking & PSU Fund in detail with

About this fund

About TRUSTMF Banking & PSU Fund

TRUSTMF Banking & PSU Fund Direct - Growth is a Banking and PSU mutual fund scheme from Trust Mutual Fund. This fund has been in existence for 4 yrs 3 m, having been launched on 15/01/2021. TRUSTMF Banking & PSU Fund Direct - Growth has ₹131 Crores worth of assets under management (AUM) as on 31/03/2025 and is small fund of its category. The latest Net Asset Value (NAV) of TRUSTMF Banking & PSU Fund Direct - Growth as of 23/04/2025 is ₹1283.48. The fund has an expense ratio of 0.2108%, which is less than what most other Banking And Psu funds charge.

TRUSTMF Banking & PSU Fund Direct - Growth returns of last 1-year are 9.17%. Since launch, it has delivered 6.09% average annual returns.
TRUSTMF Banking & PSU Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in National Housing Bank, HDFC Bank Ltd., Power Finance Corporation Ltd., GOI, REC Ltd..

...

Fund AUM	₹131 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Neeraj Jain

Mr. Jain has done B.E(Mechanical) and PGPM, Finance Prior to joining Trust Mutual Fund, he has worked with Trust Group and Futures First

Jalpan Shah

Mr. Shah is a B.E. (Mechanical) and holds a PGDM. Prior to joining Trust Mutual Fund,he was associated with HSBC Mutual Fund, L&T Mutual Fund, FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.

Investment objective

The scheme seeks 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.

TRUST Mutual Fund details

No. of schemes	8 view all schemes
Total AUM	₹2,596 Crs as on Mar 31, 2025
Address	801, G Block, Naman Center, Bandra Kurla Complex, Bandra (East), Mumbai, 400051
Phone	+91 22 6274 6000

More funds from TRUST Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
TRUSTMF Short Duration Fund	N.A.	₹80 Crs	9.54%	7.16%
TRUSTMF Liquid Fund	N.A.	₹508 Crs	7.3%	6.86%
TRUSTMF Money Market Fund	N.A.	₹91 Crs	7.85%	N.A.
TRUSTMF Overnight Fund	N.A.	₹71 Crs	6.56%	6.33%
TRUSTMF Corporate Bond Fund	N.A.	₹55 Crs	9.37%	N.A.

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of TRUSTMF Banking & PSU Fund?

The current Net Asset Value (NAV) of the TRUSTMF Banking & PSU Fund - Direct Growth plan is approximately ₹1283.4803 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The TRUSTMF Banking & PSU Fund is a 4 yrs 3 m old fund and has delivered average annual returns of 6.19% since inception.

TRUSTMF Banking & PSU Fund Returns

1-Year	3-Year	Since Inception
9.17%	6.85%	6.19%

How much does this mutual fund charge as expense ratio?

The TRUSTMF Banking & PSU Fund - Direct Growth has an expense ratio of 0.2108%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The TRUSTMF Banking & PSU Fund currently has assets under management (AUM) or fund size valued at approximately ₹131 Crs crore as of Mar 31, 2025.

To whom does TRUSTMF Banking & PSU Fund lend to?

The top 3 debt holdings of TRUSTMF Banking & PSU Fund are as follows

Holding Name	Percentage of Portfolio
National Housing Bank	14.59%
HDFC Bank Ltd.	14.54%
Power Finance Corporation Ltd.	13.12%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The TRUSTMF Banking & PSU Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	59.97721424%
A1+	21.76367109%
SOV	11.96446133%

What is risk level of TRUSTMF Banking & PSU Fund?

This is a Banking And Psu fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in TRUSTMF Banking & PSU Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for TRUSTMF Banking & PSU Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in TRUSTMF Banking & PSU Fund is complete.

How can I redeem my investments in TRUSTMF Banking & PSU Fund?

Redeeming your investments in TRUSTMF Banking & PSU Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in TRUSTMF Banking & PSU Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Banking and PSU

#NA

Expense Ratio: This fund has the 3rd lowest expense ratio amongst actively/passively managed Banking and PSU funds.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.