June 11, 2024
mayank
TRUSTMF Banking & PSU Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 1,187.0540
Yearly NAV IDCW: Rs 1,074.9782
Weekly NAV IDCW: Rs 1,061.1011
Quarterly NAV IDCW: Rs 1,098.4150
Monthly NAV IDCW: Rs 1,074.9667
Suitable For Which Investors?
“Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two 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.
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 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.
Fund Manager:
1) Neeraj Jain
Education: Mr. Jain has done B.E(Mechanical) and PGPM, Finance
Experience: Prior to joining Trust Mutual Fund, he has worked with Trust Group and Futures First
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 | 01-Feb-21 |
| Return Since Launch | 5.24% |
| Benchmark | CRISIL Banking and PSU Debt A-II |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 230 Cr |
| (As on 31-May-2024) | |
| Expense | 0.21% |
| (As on 30-Apr-2024) | |
| Risk Grade | Below Average |
| Return Grade | Average |
Trailing Returns (%) of TRUSTMF Banking & PSU Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| TRUSTMF Banking & PSU Dir | 3.42 | 0.09 | 0.68 | 2.01 | 3.84 | 7.25 | 5.07 | — | — | — |
| CCIL T Bill Liquidity Weight | 1.99 | 0.01 | 0.37 | 1.08 | 2.29 | 4.47 | 3.40 | — | — | — |
| Debt: Banking and PSU | 3.45 | 0.07 | 0.69 | 1.77 | 4.05 | 6.93 | 5.45 | — | — | — |
| Rank within category | 14 | 3 | 16 | 1 | 21 | 3 | 16 | — | — | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 21 | 20 | 16 | 15 | 12 |
Peer Comparison of TRUSTMF Banking & PSU Fund
| 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 Banking & PSU Dir | 3 star | 7.25 | 5.07 | — | 0.21 | 230 | 5.24 | — | 3Y 4M |
| Bandhan Banking & PSU Debt Dir | 4 star | 6.75 | 5.42 | 7.11 | 0.33 | 14,280 | 7.76 | — | 11Y 3M |
| ABSL Banking & PSU Debt Dir | 4 star | 7.06 | 5.64 | 7.08 | 0.38 | 10,111 | 8.43 | — | 11Y 5M |
| ICICI Pru Banking & PSU Debt Dir | 5 star | 7.61 | 6.21 | 7.25 | 0.39 | 9,404 | 8.17 | — | 11Y 5M |
| HDFC Banking and PSU Debt Dir | 4 star | 7.17 | 5.59 | 7.12 | 0.39 | 6,298 | 7.96 | — | 10Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 19 | 54 |
| Macaulay Duration (yrs) | 1.62 | 3.29 |
| Average Maturity (yrs) | 6.68 | 4.71 |
| Yield to Maturity (%) | 7.42 | 7.60 |
| Avg Credit Rating | AAA | — |
How to Invest in TRUSTMF Banking & PSU Fund?
Chanakya’s Mutual Fund Guidance For TRUSTMF Banking & PSU Fund
Apply Online: https://www.trustmf.com/ourProducts
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