June 13, 2024
mayank
TRUSTMF Short Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 1,164.6198
Weekly NAV IDCW: Rs 1,055.1184
Quarterly NAV IDCW: Rs 1,086.7200
Monthly NAV IDCW: Rs 1,068.8395
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) Jalpan Shah
Education: Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Experience: 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.
2) 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 | 06-Aug-21 |
| Return Since Launch | 5.49% |
| Benchmark | CRISIL Short Duration Debt A-II Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 116 Cr |
| (As on 31-May-2024) | |
| Expense | 0.23% |
| (As on 30-Apr-2024) | |
| Risk Grade | Average |
| Return Grade | Below Average |
Trailing Returns (%) of TRUSTMF Short Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| TRUSTMF Short Duration Dir | 3.12 | 0.02 | 0.74 | 1.66 | 3.71 | 6.69 | — | — | — | — |
| CCIL T Bill Liquidity Weight | 2.02 | 0.01 | 0.40 | 1.10 | 2.32 | 4.53 | — | — | — | — |
| Debt: Short Duration | 3.50 | 0.02 | 0.78 | 1.79 | 4.14 | 7.17 | — | — | — | — |
| Rank within category | 25 | 15 | 23 | 24 | 25 | 24 | — | — | — | — |
| Number of funds in category | 25 | 25 | 25 | 25 | 25 | 25 | 22 | 21 | 18 | 18 |
Peer Comparison of TRUSTMF Short Duration 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 Short Duration Dir | 2 star | 6.69 | — | — | 0.23 | 116 | 5.49 | — | 2Y 10M |
| ICICI Pru Short Term Dir | 4 star | 7.93 | 6.54 | 7.79 | 0.45 | 18,252 | 8.52 | — | 11Y 5M |
| HDFC Short Term Debt Dir | 4 star | 7.51 | 5.88 | 7.31 | 0.40 | 13,056 | 8.03 | — | 11Y 5M |
| ABSL Short Term Dir | 4 star | 7.49 | 6.22 | 7.50 | 0.39 | 7,497 | 8.61 | — | 11Y 5M |
| Nippon India Short Term Dir | 4 star | 7.36 | 5.90 | 7.28 | 0.37 | 5,511 | 8.07 | — | 11Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 11 | 47 |
| Macaulay Duration (yrs) | 2.32 | 2.73 |
| Average Maturity (yrs) | 2.90 | 3.46 |
| Yield to Maturity (%) | 7.35 | 7.63 |
| Avg Credit Rating | AAA | — |
How to Invest in TRUSTMF Short Duration Fund?
Chanakya’s Mutual Fund Guidance For TRUSTMF Short Duration Fund
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