TRUSTMF Liquid Fund

Q: What are the returns of this mutual fund scheme?

The TRUSTMF Liquid Fund is a 4 yrs 9 m old fund and has delivered average annual returns of 5.83% since inception. TRUSTMF Liquid Fund Returns 1-Year 3-Year Since Inception 6.21% 6.8% 5.83%

Q: How much does this mutual fund charge as expense ratio?

The TRUSTMF Liquid Fund has an expense ratio of 0.25% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹1311.5614+0.03% 1 day change	5.83% p.a.	App exclusive #NA View Ranked Funds	₹574 Cr

Historical NAV & returns

NAV: ₹1311.5614 as on Feb 02, 2026

This fund Category average

TRUSTMF Liquid Fund overview

AUM (Fund size)	₹574 Cr
Exit load	0.007% Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.!
Lock-in Period	Nil
Age	4 yrs 9 m since Apr 08, 2021
Benchmark	CRISIL Liquid Debt A-I Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.25% as on Feb 02, 2026
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

TRUSTMF Liquid 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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.43%	0.44%
3 Months	1.39%	1.27%
6 Months	2.81%	2.69%
1 Year	6.21%	6.09%
2 Years	6.68%	6.65%
3 Years	6.8%	6.76%
4 Years	6.36%	6.32%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 92.33885729%

SOV 5.6066278%

Cash & Call Money 1.78861087%

Others 0.26590392%

Top Debt Holdings

HDFC Bank Ltd. 12.97%

Punjab National Bank 12.97%

ICICI Securities Ltd. 12.94%

Small Industries Devp. Bank of India Ltd. 12.92%

Allocation by Instruments

Certificate of Deposit 59.92404018%

Commercial Paper 32.41481711%

Treasury Bills 5.6066278%

Repo 1.78505126%

Other Holdings

Others 1.79%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
TRUSTMF Liquid Fund	0.43%	2.81%	6.21%	6.8%	N.A.	N.A.
Canara Robeco Liquid Fund	0.42%	2.85%	6.35%	6.94%	5.84%	6.01%
Mirae Asset Liquid Fund	0.42%	2.85%	6.3%	6.91%	5.83%	6.06%
Bank of India Liquid Fund	0.45%	2.9%	6.4%	6.99%	5.89%	6.12%
Mahindra Manulife Liquid Fund	0.43%	2.87%	6.32%	6.93%	5.85%	5.8%
JM Liquid Fund	0.43%	2.82%	6.24%	6.83%	5.78%	6.09%

Fund name	Std. deviation	Beta	Sharpe	Sortino
TRUSTMF Liquid Fund	0.19	0.21	2.37	3.82
Canara Robeco Liquid Fund	0.2	0.24	2.89	4.16
Mirae Asset Liquid Fund	0.2	0.23	2.79	4.37
Bank of India Liquid Fund	0.19	0.21	3.36	5.0
Mahindra Manulife Liquid Fund	0.19	0.22	3.05	4.5
JM Liquid Fund	0.18	0.21	2.66	3.59

Fund name	ETM Rank	AUM	Fund age	Expense ratio
TRUSTMF Liquid Fund	N.A.	574 Cr	4 yrs 9 m	0.25%
Canara Robeco Liquid Fund	N.A.	5,149 Cr	17 yrs 6 m	0.15%
Mirae Asset Liquid Fund	N.A.	15,757 Cr	17 yrs	0.19%
Bank of India Liquid Fund	N.A.	1,107 Cr	17 yrs 6 m	0.14%
Mahindra Manulife Liquid Fund	N.A.	1,216 Cr	9 yrs 6 m	0.26%
JM Liquid Fund	N.A.	2,285 Cr	28 yrs 1 m	0.26%

View all Liquid funds

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

Alpha	0.84 vs. 2.81 Underperformed at beating benchmark
Sharpe	2.37 vs. 2.63 Poor risk-adjusted returns
Beta	0.21 vs. 1.66 Less sensitive to market ups & downs
Standard deviation	0.19 vs. 0.16 More volatile performance

Compare TRUSTMF Liquid Fund in detail with

About this fund

About TRUSTMF Liquid Fund

TRUSTMF Liquid Fund is a Liquid mutual fund scheme from Trust Mutual Fund. This fund has been in existence for 4 yrs 9 m, having been launched on 08/04/2021. TRUSTMF Liquid Fund has ₹574 Crores worth of assets under management (AUM) as on 31/12/2025 and is small fund of its category. The latest Net Asset Value (NAV) of TRUSTMF Liquid Fund as of 02/02/2026 is ₹1311.56. The fund has an expense ratio of 0.25%, which is higher than what most other Liquid funds charge.

TRUSTMF Liquid Fund returns of last 1-year are 6.23%. Since launch, it has delivered 5.83% average annual returns.
TRUSTMF Liquid Fund 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 above 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 HDFC Bank Ltd., Punjab National Bank, ICICI Securities Ltd., Small Industries Devp. Bank of India Ltd., Bank Of Baroda.

...

Fund AUM	574 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

Shradhanjali Panda

MBA Prior to joining the Trust MF, she was associated with TRUST Group, Value creator with Hexagon Global IT Services Private Ltd, Aditya Birla Sun Life Asset Management Company Private Ltd.

Investment objective

The scheme seeks to provide reasonable returns at a high level of safety and liquidity through investments in high quality debt and money market instruments.

TRUST Mutual Fund details

No. of schemes	10 view all schemes
Total AUM	3,934 Cr as on Dec 31, 2025
Address	3rd Floor, 301-304, Chandravillas Co-op Premises Society Ltd., AML Centre 2, 8 Mahal Industrial Estate, Off. Mahakali Caves Road, Andheri-East, Mumbai Mumbai, 400093
Phone	022 - 6624 2700

More funds from TRUST Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
TRUSTMF Fixed Maturity Plan - Series II (1196 Days)	N.A.	63 Cr	7.93%	N.A.
TRUSTMF Money Market Fund	N.A.	119 Cr	6.67%	7.03%
TRUSTMF Banking & PSU Fund	N.A.	132 Cr	6.57%	6.92%
TRUSTMF Short Duration Fund	N.A.	102 Cr	6.77%	6.87%
TRUSTMF Corporate Bond Fund	N.A.	20 Cr	5.98%	6.77%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of TRUSTMF Liquid Fund?

The current Net Asset Value (NAV) of the TRUSTMF Liquid Fund plan is approximately ₹1311.5614 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The TRUSTMF Liquid Fund is a 4 yrs 9 m old fund and has delivered average annual returns of 5.83% since inception.

TRUSTMF Liquid Fund Returns

1-Year	3-Year	Since Inception
6.21%	6.8%	5.83%

How much does this mutual fund charge as expense ratio?

The TRUSTMF Liquid Fund has an expense ratio of 0.25%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The TRUSTMF Liquid Fund currently has assets under management (AUM) or fund size valued at approximately 574 Cr as on Dec 31, 2025.

To whom does TRUSTMF Liquid Fund lend to?

The top 3 debt holdings of TRUSTMF Liquid Fund are as follows

Holding Name	Percentage of Portfolio
HDFC Bank Ltd.	12.97%
Punjab National Bank	12.97%
ICICI Securities Ltd.	12.94%

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 Liquid Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	92.33885729%
SOV	5.6066278%
Cash & Call Money	1.78861087%

What is risk level of TRUSTMF Liquid Fund?

This is a Liquid fund comes with Low to Moderate risk.

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

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

How can I redeem my investments in TRUSTMF Liquid Fund?

Redeeming your investments in the TRUSTMF Liquid Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Liquid

#NA

Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.