TRUSTMF Corporate Bond Fund
An open-ended Debt Scheme predominantly investing in AA+ and above rated corporate bonds. A relatively high interest rate risk and moderate credit risk.
All fund data shown here is for the Direct Plan : Growth Option. All data except NAV data is as on 30 Sep 2024
To view NAV data for other plans and options of this fund,
NAV
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Fund Size
₹ 74.48 Cr
As on 30 Sep 2024
Fund Rating
[ICRA] AAAmfs
Minimum Investment
₹ 1000
Investment Objective
To generate optimal returns by investing predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objective of the scheme will be realized.
Fund Highlights
Seeks to build Top Quality
Portfolio High accrual due to elevated corporate yields at shorter end
Portion of the portfolio to be used for duration management Portion of the portfolio to be used for duration management
Unique LimitedACTIV methodology# in partnership with CRISIL*
* CRISIL has been engaged for - construction & periodic rebalancing of model portfolio & universe, back testing & ongoing investment process validation.
#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 Corporate Debt A-II Index
Tier II Benchmark: CRISIL Select AAA Corporate Bond Fund Index
Load Structure
Entry Load: Nil
Exit Load: Nil
Performance
Downloads
Product Suitability Label
This product is suitable for investors who are seeking:*
Optimal returns over the medium to long term
To invest predominantly in AA+ and above rated corporate debt instruments
*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 Corporate 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)
B-III
Period
1 year
Since Inception Returns (1st Feb 2021)
Returns (%)
Value of 10,000 Invested (INR)
Returns (%)
Value of 10,000 Invested (INR)
TRUSTMF Corporate Bond Fund
8.23%
10824
7.8%
11358
CRISIL Corporate Bond B-III Index
7.8%
10782
7.56%
11315
CRISIL Select AAA Corporate Bond Fund Index
7.45%
10747
7.31%
11271
CRISIL 10 Year Gilt Index
10.32%
11034
9.33%
11634
As on 30 Sep 2024
Returns furnished are that of Direct Plan – Growth Option. Returns (%) for less than 1 year are calculated on simple annualized basis and for 1 year & above are calculated on compounded annualized basis (CAGR). Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement. Benchmark returns calculated based on Total Return Index Values. Different plans have a different expense structure. Past performance may or may not be sustained in future. For performance details of other schemes managed by Mr. Jalpan Shah and Mr. Neeraj Jain, please click here
Portfolio Allocation
Asset Quality
All Holdings
Instruments/Issuers
Rating
% to Net Assets
Govt Securities / SDL
26.15
7.10% GOI MAT 08-APR-2034
SOVEREIGN
20.63
7.18% GOI MAT 14-Aug-2033
SOVEREIGN
5.52
Non Convertible Debentures
68.37
7.64% National Bank for Agriculture and Rural Development 06-DEC-2029 **
ICRA AAA
9.5
7.77% REC Limited 31-MAR-2028 **
CRISIL AAA
9.5
7.68% Small Industries Development Bank of India 10-SEP-2027
CRISIL AAA
9.45
7.75% LIC Housing Finance Limited 23-AUG-2029
CRISIL AAA
9.44
7.59% National Housing Bank 14-JUL-2027 **
CRISIL AAA
8.11
6.00% HDFC Bank Limited 29-MAY-2026 **
CRISIL AAA
7.83
7.85% Power Finance Corporation Limited 03-APR-2028 **
CRISIL AAA
6.84
7.46% Indian Railway Finance Corporation Limited 18-JUN-2029 **
CRISIL AAA
6.78
6.59% Summit Digitel Infrastructure Private Limited 16-JUN-2026 **
CRISIL AAA
0.92
Treasury Bills
0.4
364 Days Treasury Bill 03-OCT-2024
SOVEREIGN
0.4
Tri Party Repo (TREPs)
2.43
Reverse Repo 01-OCT-2024
2.43
Others
0.44
Investment in Corporate Debt Market Development Fund (CDMDF)$$
0.44
Net Current Assets
2.22
Net Current Assets
2.22
As on 30 Sep 2024