TRUSTMF Short Duration Term Fund
NAV Growth: Rs 1,093.4607
NAV IDCW Weekly: Rs 1,028.5739
NAV IDCW Quarterly: Rs 1,037.5050
NAV IDCW Monthly: Rs 1,034.6015
Suitable For Which Investors?
“Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.
Fund Manager:
1) Anand Nevatia
Education: Mr Nevatia is a Diploma, CFA
Experience: Prior to working as a Fund Manager for the Fixed Income Schemes of Trust AMC. He has been associated with Trust Group for almost two decades in various capacities. These included Advisory Services, Research & Analysis & Portfolio Strategy. He had been managing the Fixed Income PMS for Trust Group since 2014 before assuming his new role at Trust AMC.
Investment Details
Min. Investment (Rs) | 1,000 |
Min. Addl Investment (Rs) | 1,000 |
Min. SIP Investment (Rs) | 1,000 |
Min. Withdrawal (Rs) | — |
Min. No of Cheques | 6 |
Min. Balance (Rs) | — |
Lock-in Period | NA |
Exit Load | 0 |
Basic Details
Fund House | TRUST Mutual Fund |
Launch Date | 06-Aug-21 |
Return Since Launch | 4.82% |
Benchmark | CRISIL Short Duration Debt A-II Index |
Riskometer | Moderate |
Type | Open-ended |
Assets | Rs 130 Cr |
(As on 31-May-2023) | |
Expense | 0.23% |
(As on 31-May-2023) | |
Risk Grade | Above Average |
Return Grade | Average |
TRUSTMF Short Term Fund Trailing Returns (%)
Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
TRUSTMF ST Dir | 3.71 | -0.02 | 0.30 | 2.06 | 3.71 | 6.83 | — | — | — | — |
CCIL T Bill Liquidity Weight | 2.16 | 0.04 | 0.40 | 1.24 | 2.16 | 3.91 | — | — | — | — |
Debt: Short Duration | 3.79 | -0.03 | 0.33 | 2.02 | 3.79 | 7.36 | — | — | — | — |
Rank within category | 17 | 13 | 19 | 12 | 17 | 18 | — | — | — | — |
Number of funds in category | 26 | 27 | 27 | 27 | 26 | 25 | 23 | 22 | 20 | 19 |
TRUSTMF Short Term Fund Peer Comparison
Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
TRUSTMF ST Dir | 3 star | 6.83 | — | — | 0.23 | 130 | 4.82 | — | 1yrs 10mo |
ICICI Pru ST Dir | 4 star | 8.57 | 6.37 | 8.08 | 0.40 | 17,906 | 8.57 | — | 10yrs 6mo |
Axis Short Term Dir | 4 star | 7.39 | 5.61 | 7.65 | 0.34 | 7,416 | 8.19 | — | 10yrs 6mo |
ABSL Short Term Dir | 4 star | 7.77 | 6.57 | 7.88 | 0.38 | 6,102 | 8.69 | — | 10yrs 6mo |
Nippon Ind ST Dir | 4 star | 7.40 | 5.90 | 7.57 | 0.36 | 6,102 | 8.12 | — | 10yrs 6mo |
Portfolio Breakup
Fund | Category | |
Number of Securities | 8 | 41 |
Modified Duration (yrs) | 2.03 | 2.08 |
Average Maturity (yrs) | 2.59 | 2.82 |
Yield to Maturity (%) | 7.09 | 7.25 |
Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For TRUSTMF Short Term Fund
Apply Online: https://www.trustmf.com/
>> Post your MF questions @ chanakyamfguidance.com/ask-me/
>> Stock Research Reports:
https://www.analysislibrary.com/
>> NFO Guidance:
https://chanakyamfguidance.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
>> For Higher studies, Interview skills, Competitive Exam books
http://www.gyanpothi.com/search-institutes/
>> Get Good Staff or Job, Click: Staffavailable.com
>> To apply for Government & PSU jobs, click
https://www.staffavailable.com/government-psu-jobs/
>> Go to IPOs Analysis Section, Click
>> Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>> Interested in Crossword Puzzles? Click: magajmari.com