TRUSTMF Banking & PSU Fund
An open-ended debt scheme predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. A relatively high interest rate risk and relatively low credit risk.
All fund data shown here is for the Direct Plan : Growth Option. All data except NAV data is as on 31 Oct 2024
To view NAV data for other plans and options of this fund,
NAV
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Fund Size
₹ 197.71 Cr
As on 31 Oct 2024
Fund Rating
[ICRA] AAAmfs
Minimum Investment
₹ 1000
Investment Objective
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. However, there can be no assurance that the investment objective of the scheme will be realised.
Fund Highlights
Unique LimitedACTIV^ methodology of fund management
Strategic knowledge partnership with CRISIL#
Roll down strategy with current target maturity ~ 1 year*
# CRISIL has been engaged for - construction & periodic rebalancing of model portfolio & universe, back testing & ongoing investment process validation
* The scheme is currently following a ‘roll down’ investment approach with approximate tenure on a tactical basis and same is subject to change. The investment will be made in line with investment strategy and asset allocation as prescribed in the Scheme related documents.
^TRUSTMF has adopted Limited Active Methodology for certain schemes, which is a structured methodology where the fund manager attempts to invest predominantly in line with the internally created model portfolio and takes exposure on pre-defined limits.
Fund Managers
Benchmark
Tier I Benchmark: CRISIL Banking and PSU Debt A-II Index
Tier II Benchmark: CRISIL Select AAA Roll Down Banking & PSU Debt Index
Load Structure
Entry Load: Nil
Exit Load: Nil
Performance
Downloads
Product Suitability Label
This product is suitable for investors who are seeking:*
Regular Income over short to medium term
Investment in primarily debt and money market instruments issued by Banks, PSU, PFI, and Municipal Bonds
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Riskometer
Scheme
Investors understand that their principal will be at Moderate risk
Benchmark
CRISIL Banking and PSU Debt A-II Index
Potential Risk Class (PRC)
Credit Risk
Interest Rate Risk
Relatively Low (Class A)
Moderate (Class B)
Relatively High (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III)
A-III