August 26, 2026
mayank
TRUSTMF Overnight Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 1,298.72 |
| NAV IDCW Daily (Rs.) | 1,270.87 |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | 1,000 |
| Min. No of Cheques | 6 |
| Benchmark | CRISIL Liquid Overnight Index |
| AUM Rs. | 75 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.06% |
| 1 Year Return (%) | 5.19 |
| 3 Year Return (%) | 6.05 |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 5.86% |
Suitable For Which Investors?
Overnight funds are suitable for:
1. Parking emergency corpus or idle money for capital preservation
2. Earning slightly higher returns than savings bank account, with low volatility
3. Investment horizon of up to 1 year
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
The scheme seeks to provide reasonable returns commensurating with overnight call rates and providing a high level of liquidity, through investments in overnight securities having maturity / unexpired maturity of 1 business day.
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) Shradhanjali Panda
Education: MBA
Experience: Prior to joining the Trust MF, she was associated with TRUST Group, Value creator with Hexagon Global IT Services Private Ltd, Aditya Birla Sun Life Asset Management Company Private Ltd.
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 of TRUSTMF Overnight Fund
| Fund House | TRUST Mutual Fund |
| Launch Date | 19-Jan-22 |
| Return Since Launch | 5.86% |
| Benchmark | CRISIL Liquid Overnight Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | 75 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.06% |
| (As on 31-Jul-2026) | |
| Risk Grade | Low |
| Return Grade | Below Average |
TRUSTMF Overnight Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| TRUSTMF Overnight Dir | 3.22 | 0.01 | 0.42 | 1.28 | 2.50 | 5.19 | 6.05 | — | — | — |
| Debt: Overnight | 3.28 | 0.01 | 0.43 | 1.29 | 2.55 | 5.28 | 6.08 | — | — | — |
| Rank within category | 31 | 25 | 29 | 29 | 32 | 31 | 27 | — | — | — |
| Number of funds in category | 38 | 39 | 39 | 38 | 38 | 38 | 33 | 27 | 21 | 2 |
Peer Comparison of TRUSTMF Overnight 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 Overnight Dir | 2 out of 5 stars | 5.19 | 6.05 | — | 0.06 | 75 | 5.86 | — | 4Y 7M |
| ICICI Pru Overnight Dir | 4 out of 5 stars | 5.32 | 6.10 | 5.67 | 0.07 | 13,144 | 5.18 | — | 7Y 9M |
| Axis Overnight Dir | 5 out of 5 stars | 5.34 | 6.15 | 5.72 | 0.06 | 10,178 | 5.17 | — | 7Y 5M |
| Kotak Overnight Dir | 4 out of 5 stars | 5.33 | 6.13 | 5.69 | 0.06 | 8,818 | 5.16 | — | 7Y 7M |
| Tata Overnight Dir | 5 out of 5 stars | 5.35 | 6.15 | 5.70 | 0.05 | 5,278 | 5.15 | — | 7Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 1 | 3 |
| Macaulay Duration (yrs) | 0.01 | 0.01 |
| Average Maturity (yrs) | 0.01 | 0.01 |
| Yield to Maturity (%) | 5.20 | 5.27 |
| Avg Credit Rating | GOI/Cash | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.trustmf.com/our-products
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