TRUSTMF Money Market Fund
An open-ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit rate risk.
All fund data shown here is for the Direct Plan : Growth Option. All data except NAV data is as on 31 Jul 2024
To view NAV data for other plans and options of this fund,
NAV
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Fund Size
₹ 102.05 Cr
As on 31 Jul 2024
Fund Rating
[ICRA] A1+mfs
Minimum Investment
₹ 1000
Investment Objective
To generate income/ capital appreciation by investing in money market instruments having maturity of upto 1 year. However, there can be no assurance that the investment objective of the scheme will be realized.
Fund Highlights
Seek to benefit from steepness in money market yield curve
Predominant investment in instruments maturing in 6 months
Ideal strategy for rising rate scenario
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 Money Market A-I Index
Tier II Benchmark: -
Load Structure
Entry Load: Nil
Exit Load: Nil
Performance
Downloads
Product Suitability Label
This product is suitable for investors who are seeking:*
Income over short term
Investment in money market 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 Low to Moderate risk
Benchmark
CRISIL Money Market A-I 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)
B-I
Moderate (Class II)
Relatively High (Class III)
Period
7 days
15 days
30 days
1 year
Since Inception Returns (1st Feb 2021)
Returns (%)
Value of 10,000 Invested (INR)
Returns (%)
Value of 10,000 Invested (INR)
Returns (%)
Value of 10,000 Invested (INR)
Returns (%)
Value of 10,000 Invested (INR)
Returns (%)
Value of 10,000 Invested (INR)
TRUSTMF Money Market Fund
6.87%
10013
7.23%
10029
7.33%
10060
7.25%
10726
7.12%
11440
CRISIL Money Market B-I Index
6.58%
10012
6.95%
10028
7.15%
10058
7.46%
10747
7.23%
11463
CRISIL 1 Year T-Bill Index
8.83%
10016
9.74%
10040
8.58%
10070
7.36%
10737
6.84%
11381
As on 31 Jul 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
Certificate of Deposits
39.57
HDFC Bank Limited 24-JUN-2025 # **
CARE A1+
11.01
National Bank for Agriculture and Rural Development 12-FEB-2025 # **
IND A1+
10.37
ICICI Bank Limited 25-FEB-2025 # **
ICRA A1+
9.4
Punjab National Bank 15-MAY-2025 # **
CARE A1+
8.79
Commercial Papers
42.52
NTPC Limited 20-SEP-2024 **
ICRA A1+
9.71
ICICI Securities Limited 23-JAN-2025 **
CRISIL A1+
9.44
LIC Housing Finance Limited 04-MAR-2025 **
CRISIL A1+
9.39
Bajaj Finance Limited 08-JUL-2025 **
CRISIL A1+
9.13
Export Import Bank of India 20-SEP-2024 **
CRISIL A1+
4.85
Treasury Bills
14.97
364 Days Treasury Bill 13-FEB-2025
SOVEREIGN
14.18
91 Days Treasury Bill 02-AUG-2024
SOVEREIGN
0.39
182 Days Treasury Bill 22-AUG-2024
SOVEREIGN
0.39
Tri Party Repo (TREPs)
2.79
TREPS
2.79
Investment in Corporate Debt Market Development Fund (CDMDF)
0.45
Investment in Corporate Debt Market Development Fund (CDMDF)
0.45
Net Current Assets
-0.29
Net Current Assets
-0.29
As on 31 Jul 2024