TRUSTMF Small Cap Fund

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

The TRUSTMF Small Cap Fund is a 1 yrs 3 m old fund and has delivered average annual returns of 0.32% since inception. TRUSTMF Small Cap Fund Returns 1-Year Since Inception 5.76% 0.32%

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

The TRUSTMF Small Cap Fund has an expense ratio of 2.09% , 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)
₹10.1-1.75% 1 day change	0.32% p.a.	App exclusive #NA View Ranked Funds	₹1,325 Cr

Historical NAV & returns

NAV: ₹10.1 as on Feb 02, 2026

This fund Category average

TRUSTMF Small Cap Fund overview

AUM (Fund size)	₹1,325 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 180 days.!
Lock-in Period	Nil
Age	1 yrs 3 m since Oct 11, 2024
Benchmark	NIFTY Smallcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.09% as on Feb 02, 2026
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

TRUSTMF Small Cap 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	-5.87%	-6.85%
3 Months	-8.6%	-9.89%
6 Months	-1.27%	-7.68%
1 Year	5.76%	-1.32%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 2.71%

Mid Cap 23.58%

Small Cap 66.73%

Other Cap 0%

Top holdings

Multi Commodity Exchange Of India Ltd.3.53%

Karur Vysya Bank Ltd.2.9%

City Union Bank Ltd.2.82%

Laurus Labs Ltd.2.57%

Top sectors

Financial 20.45%

Services 18.09%

Healthcare 11.760000000000002%

Capital Goods 10.41%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 6.19994985%

Net Current Assets 0.77604103%

Other Holdings

Others 0.78%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
TRUSTMF Small Cap Fund	-5.87%	-1.27%	5.76%	N.A.	N.A.	N.A.
Nippon India Small Cap Fund	-6.13%	-6.79%	0.64%	20.02%	24.49%	20.47%
Bandhan Small Cap Fund	-6.95%	-5.33%	3.83%	28.37%	23.1%	15.96%
Invesco India Smallcap Fund	-7.53%	-5.7%	1.58%	22.16%	22.21%	14.53%
Tata Small Cap Fund	-7.45%	-15.05%	-7.57%	13.88%	20.43%	13.1%
Edelweiss Small Cap Fund	-6.21%	-4.55%	0.66%	18.27%	21.16%	15.42%

Fund name	Std. deviation	Beta	Sharpe	Sortino
TRUSTMF Small Cap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Small Cap Fund	16.81	0.85	0.82	1.18
Bandhan Small Cap Fund	18.25	0.92	1.14	1.83
Invesco India Smallcap Fund	16.88	0.82	0.92	1.13
Tata Small Cap Fund	16.8	0.81	0.49	0.71
Edelweiss Small Cap Fund	16.09	0.81	0.78	1.11

Fund name	ETM Rank	AUM	Fund age	Expense ratio
TRUSTMF Small Cap Fund	N.A.	1,325 Cr	1 yrs 3 m	2.09%
Nippon India Small Cap Fund	N.A.	68,287 Cr	15 yrs 5 m	1.41%
Bandhan Small Cap Fund	N.A.	18,990 Cr	6 yrs	1.63%
Invesco India Smallcap Fund	N.A.	9,225 Cr	7 yrs 3 m	1.71%
Tata Small Cap Fund	N.A.	11,324 Cr	7 yrs 3 m	1.69%
Edelweiss Small Cap Fund	N.A.	5,459 Cr	7 yrs	1.82%

View all Small Cap funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare TRUSTMF Small Cap Fund in detail with

About this fund

About TRUSTMF Small Cap Fund

TRUSTMF Small Cap Fund is a Small Cap mutual fund scheme from Trust Mutual Fund. This fund has been in existence for 1 yrs 3 m, having been launched on 11/10/2024. TRUSTMF Small Cap Fund has ₹1,325 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 Small Cap Fund as of 02/02/2026 is ₹10.10. The fund has an expense ratio of 2.09%, which is higher than what most other Small Cap funds charge.

TRUSTMF Small Cap Fund returns of last 1-year are 5.40%. Since launch, it has delivered 0.80% average annual returns.
The fund has the majority of its money invested in Financial, Services, Healthcare, Capital Goods, Automobile sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Multi Commodity Exchange Of India Ltd., Karur Vysya Bank Ltd., City Union Bank Ltd., Laurus Labs Ltd., The Federal Bank Ltd..

...

Fund AUM	1,325 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Mihir Vora

Mr. Vora is B.E.(Mechanical) and has a PGDM from IIM, Lucknow. Prior to this, he worked with ABN Amro AMC, managing equity funds, with Pru ICICI AMC for 4 long years and SBI with Funds Mgt. Ltd. from 1994-2000.

Aakash Manghani

Mr. Manghani has done Bachelors in Engineering Prior to joining Trust Mutual Fund, he has worked with BOI AXA Mutual Fund, Pioneer Investcorp Ltd., Girik Capital and Amdocs Ltd.

Investment objective

The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of small cap companies. However, there is no assurance that the investment objective of the scheme will be realized.

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	5Y
TRUSTMF Flexi Cap Fund	N.A.	1,135 Cr	0.27%	N.A.
TRUSTMF Multi Cap Fund	N.A.	340 Cr	N.A.	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of TRUSTMF Small Cap Fund?

The current Net Asset Value (NAV) of the TRUSTMF Small Cap Fund plan is approximately ₹10.1 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The TRUSTMF Small Cap Fund is a 1 yrs 3 m old fund and has delivered average annual returns of 0.32% since inception.

TRUSTMF Small Cap Fund Returns

1-Year	Since Inception
5.76%	0.32%

How much does this mutual fund charge as expense ratio?

The TRUSTMF Small Cap Fund has an expense ratio of 2.09%, 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 Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately 1,325 Cr as on Dec 31, 2025.

What are the top stock holdings of TRUSTMF Small Cap Fund?

The TRUSTMF Small Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Multi Commodity Exchange Of India Ltd.	3.53%
Karur Vysya Bank Ltd.	2.9%
City Union Bank Ltd.	2.82%
Laurus Labs Ltd.	2.57%
The Federal Bank Ltd.	2.51%
Navin Fluorine International Ltd.	2.24%
Ather Energy Ltd.	2.21%
SJS Enterprises Ltd.	2.06%
Radico Khaitan Ltd.	2.03%
Acutaas Chemicals Ltd.	1.97%

What are the top sectors TRUSTMF Small Cap Fund has invested in?

The TRUSTMF Small Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	20.45%
Services	18.09%
Healthcare	11.760000000000002%
Capital Goods	10.41%
Automobile	8.9%
Metals & Mining	5.08%
Chemicals	4.720000000000001%
Technology	3.44%
Consumer Staples	3.33%
Materials	1.9%

What is risk level of TRUSTMF Small Cap Fund?

This is a Small Cap fund comes with Very High 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 Small Cap Fund?

Redeeming your investments in the TRUSTMF Small Cap 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 Small Cap

#NA

Return Outperformance: This fund has generated highest return amongst Small Cap funds in the last 1 Year.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 180 days.