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Previously called: TRUSTMF Banking & PSU Debt Direct-G
NAV as of May 15, 2024
₹1180.6975+0.04% 1D change
Returns since inception
Returns Annualised Returns since inception
5.32% p.a.
Return Outperformance: This fund has generated highest return amongst Banking and PSU funds in the last 1 Year.
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.
VRO rating | 4 |
Expense ratio | 0.21% as on Apr 30, 2024 |
Exit load | 0% |
AUM (Fund size) | ₹262 Crs |
Lock-in | No Lockin |
Age | 3 yrs 4 m since Jan 15, 2021 |
Benchmark | CRISIL Banking and PSU Debt A-II |
Min. investment | SIP ₹1000 & Lump. ₹1000 |
Risk | Low to Moderate |
Tax on your gains | Profits are added to your income and taxed as per your slab rate |
Period | This fund | Category average |
---|---|---|
1 month | 0.56% | 0.667% |
3 months | 1.89% | 1.7975% |
6 months | 3.63% | 3.786% |
1 year | 7.27% | 6.830500000000001% |
3 years | 5.14% | 5.45% |
Large Cap 0.0%
Mid Cap 0.0%
Small Cap 0.0%
Other Cap 0.0%
Bifurcation by Holding is not available for this fund
Bifurcation by Sector is not available for this fund
A1+ 39.05696354%
AAA 25.57482549%
Cash & Call Money 17.62429033%
SOV 11.67145619%
Maharashtra State 9.61%
Bank Of Baroda 7.2%
REC Ltd. 6.89%
Small Industries Devp. Bank of India Ltd. 6.11%
Repo 35.26960072%
Certificate of Deposit 29.542985489999996%
Debenture 12.98343081%
State Development Loan 11.51893654%
Others 0.37%
Fund name | ETM Rank | AUM (in Crs.) | Fund age | Expense ratio |
---|---|---|---|---|
Aditya Birla Sun Life Banking & PSU Debt Fund | #1 | ₹10,059 Crs | 11 yrs 4 m | 0.38% |
Axis Banking & PSU Debt Fund | #2 | ₹13,656 Crs | 11 yrs 4 m | 0.34% |
Kotak Banking and PSU Debt Fund | #3 | ₹5,952 Crs | 11 yrs 4 m | 0.39% |
ICICI Prudential Banking & PSU Debt Fund | #4 | ₹9,056 Crs | 11 yrs 4 m | 0.39% |
Bandhan Banking & PSU Debt Fund | #5 | ₹14,208 Crs | 11 yrs 2 m | 0.33% |
Fund name | 1M | 6M | 1Y | 3Y | 5Y | 10Y |
---|---|---|---|---|---|---|
Aditya Birla Sun Life Banking & PSU Debt Fund | 0.68% | 3.76% | 7.02% | 5.66% | 7.27% | 8.17% |
Axis Banking & PSU Debt Fund | 0.55% | 3.59% | 6.67% | 5.36% | 6.88% | 7.62% |
Kotak Banking and PSU Debt Fund | 0.7% | 3.79% | 7.06% | 5.9% | 7.43% | 7.9% |
ICICI Prudential Banking & PSU Debt Fund | 0.71% | 3.77% | 7.54% | 6.23% | 7.44% | 8.07% |
Bandhan Banking & PSU Debt Fund | 0.68% | 3.64% | 6.67% | 5.41% | 7.28% | 7.58% |
Fund name | Std. deviation | Beta | Sharpe | Sortino |
---|---|---|---|---|
Aditya Birla Sun Life Banking & PSU Debt Fund | 0.93 | 1.66 | 0.23 | 0.31 |
Axis Banking & PSU Debt Fund | 0.86 | 1.58 | -0.08 | -0.13 |
Kotak Banking and PSU Debt Fund | 1.05 | 1.64 | 0.45 | 0.62 |
ICICI Prudential Banking & PSU Debt Fund | 0.92 | 1.3 | 0.85 | 1.07 |
Bandhan Banking & PSU Debt Fund | 0.93 | 1.8 | -0.06 | -0.09 |
Alpha | 4.21 vs. 3.067341 Higher outperformance against benchmark |
Sharpe | -0.16 vs. 2.823681 Poor risk-adjusted returns |
Beta | 2.21 vs. 0.87025553 More sensitive to market's ups & downs |
Standard deviation | 1.37 vs. 1.1906077 More volatile performance |
Fund AUM | ₹262 Crs as on Mar 31, 2024 |
Scheme document | View Scheme Document |
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.
No. of schemes | 7 view all schemes |
Total AUM | ₹1,125 Crs as on Mar 31, 2024 |
Address | 801, G Block, Naman Center, Bandra Kurla Complex, Bandra (East), Mumbai, 400051 |
Phone | +91 22 6274 6000 |
Fund name | AUM (in Crs.) | 1Y | 3Y |
---|---|---|---|
TRUSTMF Liquid Fund | ₹229 Crs | 7.27% | 5.62% |
TRUSTMF Short Duration Fund | ₹102 Crs | 6.53% | N.A. |
TRUSTMF Overnight Fund | ₹247 Crs | 6.74% | N.A. |
TRUSTMF Money Market Fund | ₹96 Crs | 7.17% | N.A. |
TRUSTMF Corporate Bond Fund | ₹68 Crs | 6.69% | N.A. |
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The TRUSTMF Banking & PSU Fund is a 3 yrs 4 m old fund and has delivered average annual returns of 5.32% since inception.
1-Year | 3-Year | Since Inception |
---|---|---|
7.27% | 5.14% | 5.32% |
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of TRUSTMF Banking & PSU Fund for May 15, 2024 is 1180.6975.
TRUSTMF Banking & PSU Fund has an ET Money Rank of #0 of 0 and a consistency rating of 0.0.
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in TRUSTMF Banking & PSU Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of TRUSTMF Banking & PSU Fund is 0.21%. .
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.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of TRUSTMF Banking & PSU Fund is ₹262 Crs.
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 |
A1+ | 39.05696354% |
AAA | 25.57482549% |
Cash & Call Money | 17.62429033% |
The top 3 debt holdings of TRUSTMF Banking & PSU Fund are as follows
Holding Name | Percentage of Portfolio |
Maharashtra State | 9.61% |
Bank Of Baroda | 7.2% |
REC Ltd. | 6.89% |
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