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trustmf overnight fund directgrowth
TRUST Mutual Fund

TRUSTMF Overnight Fund Direct-Growth

Debt: Overnight - Growth (Open ended)
SEBI Riskometer: LowCategory: Debt: OvernightBenchmark: CRISIL Liquid Overnight IndexCheck Portfolio Overlap →
NAV: ₹1,303.9+0.01%
20 Sept 2026
1 Week returns: 0.09 %
Category rank: 36/40
1 Month returns: 0.40 %
Category rank: 31/39
1 Year CAGR: 5.14 %
Category rank: 31/38
3 Years CAGR: 6.00 %
Category rank: 27/33
5 Years CAGR: -
Category rank: -
52 week high/low
₹1,260.93
₹1,303.90
AUM
31.08
Expense Ratio
0.11
Inception
1642636.00
Credit Risk
Low
IR Risk
Low
YTM
5.20
Duration
0.00
Maturity
0.01
Return 1M
0.40
Return 1Y
5.14
Return 3Y
6.00
Return 5Y
-

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Relatively low expense ratio

Expense ratio of the scheme (0.11%) is lower than average expense ratio of the category (0.15%), excluding index funds and ETFs

This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same

What is Expense ratio?

Negative
3-year performance is in the bottom 25th percentile

3-year CAGR of 6.0% is in the bottom 25th percentile in its category - Debt: Overnight

This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category

What is CAGR (3Y)?

Relatively high volatility

Volatility of scheme returns is significantly higher than average volatility of the category

This measures the volatility of monthly returns of the scheme (in the last 3 years) with respect to average volatility of the category. Higher number implies that scheme has been riskier that average category risk

What is Volatility (3Y)?

Neutral
Moderate performance consistency

The scheme was a top-quartile (25%) performer in 6.0 out of last 12 quarters

This is measured as the number of quarters, in the last 12 quarters, that the scheme was in the top quartile (25th percentile). Higher number implies that scheme has been a consistent performer

What is Consistency (quarterly)?

Scheme Overview

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.

Scheme Category Overview →

Plan Variants

TRUSTMF Overnight Fund Direct-IDCW Daily
Plan
IDCW Daily
Payout
Daily

Fund Managers

Jalpan Shah
Since: 11 Jun 2024
View details
Education
Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Past 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.
Shradhanjali Panda
Since: 1 Oct 2025
View details
Education
MBA
Past 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.

Key Scheme Details

Inception
19 Jan 2022
Expense Ratio
0.11%
AUM
₹31.08 Cr
Lock in
No lock in
Taxation
Debt
Min. Investment
₹1,000
Min. Addl Investment
-
Min. SIP Investment
₹1,000
Exit load
-

AMC Overview

TRUST Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:
Aug 31, 2026
Total AUM: ₹ 7,922 Cr
Equity
₹ 6,244 Cr
Debt
₹ 1,544 Cr
Hybrid
₹ 134 Cr
Dec 31, 2021Jan 31, 2022Feb 28, 2022Mar 31, 2022Apr 30, 2022May 31, 2022Jun 30, 2022Jul 31, 2022Aug 31, 2022Sep 30, 2022Oct 31, 2022Nov 30, 2022Dec 31, 2022Jan 31, 2023Feb 28, 2023Mar 31, 2023Apr 30, 2023May 31, 2023Jun 30, 2023Jul 31, 2023Aug 31, 2023Sep 30, 2023Oct 31, 2023Nov 30, 2023Dec 31, 2023Jan 31, 2024Feb 29, 2024Mar 31, 2024Apr 30, 2024May 31, 2024Jun 30, 2024Aug 31, 2024Sep 30, 2024Oct 31, 2024Nov 30, 2024Dec 31, 2024Jan 31, 2025Feb 28, 2025Mar 31, 2025Apr 30, 2025May 31, 2025Jun 30, 2025Jul 31, 2025Aug 31, 2025Sep 30, 2025Oct 31, 2025Nov 30, 2025Dec 31, 2025Jan 31, 2026Feb 28, 2026Mar 31, 2026Apr 30, 2026May 31, 2026Jun 30, 2026Jul 31, 2026Aug 31, 2026
equity----------------------------513 Cr561 Cr623 Cr722 Cr765 Cr775 Cr1,238 Cr1,377 Cr1,385 Cr1,580 Cr1,731 Cr1,880 Cr2,082 Cr2,209 Cr2,355 Cr2,371 Cr2,425 Cr2,542 Cr2,708 Cr2,801 Cr2,792 Cr2,901 Cr2,876 Cr3,407 Cr3,702 Cr4,368 Cr5,255 Cr6,244 Cr
hybrid-------------------------------------------49 Cr54 Cr91 Cr75 Cr56 Cr78 Cr64 Cr67 Cr73 Cr86 Cr123 Cr152 Cr134 Cr
debt947 Cr1,401 Cr1,323 Cr1,066 Cr1,038 Cr988 Cr993 Cr929 Cr960 Cr970 Cr1,128 Cr1,129 Cr977 Cr1,320 Cr1,237 Cr1,049 Cr1,254 Cr1,094 Cr1,160 Cr1,243 Cr1,085 Cr1,090 Cr1,134 Cr1,227 Cr1,170 Cr1,159 Cr1,171 Cr903 Cr1,059 Cr890 Cr773 Cr1,155 Cr1,105 Cr1,143 Cr975 Cr902 Cr1,067 Cr1,028 Cr996 Cr1,317 Cr1,281 Cr1,097 Cr1,408 Cr1,387 Cr1,079 Cr1,297 Cr1,198 Cr1,053 Cr1,278 Cr1,447 Cr1,101 Cr1,365 Cr1,457 Cr1,186 Cr1,500 Cr1,544 Cr
commodities--------------------------------------------------------
Total947 Cr1,401 Cr1,323 Cr1,066 Cr1,038 Cr988 Cr993 Cr929 Cr960 Cr970 Cr1,128 Cr1,129 Cr977 Cr1,320 Cr1,237 Cr1,049 Cr1,254 Cr1,094 Cr1,160 Cr1,243 Cr1,085 Cr1,090 Cr1,134 Cr1,227 Cr1,170 Cr1,159 Cr1,171 Cr903 Cr1,572 Cr1,452 Cr1,396 Cr1,877 Cr1,870 Cr1,918 Cr2,213 Cr2,280 Cr2,452 Cr2,608 Cr2,727 Cr3,198 Cr3,363 Cr3,306 Cr3,762 Cr3,807 Cr3,558 Cr3,930 Cr3,981 Cr3,910 Cr4,148 Cr4,411 Cr4,044 Cr4,845 Cr5,245 Cr5,677 Cr6,907 Cr7,922 Cr

AMC Details

AMC
TRUST Mutual Fund
CEO
Sandeep Bagla(Chief Executive Officer)
CIO
Mihir Vora(Chief Investment Officer)
Trustee
Trust AMC Trustee Private Limited
Address
3rd Floor, 301-304, Chandravillas Co-op Premises Society Ltd., , AML Centre 2, 8 Mahal Industrial Estate, Off. Mahakali Caves Road,, Andheri-East, Mumbai, Mumbai

Frequently Asked Questions

What is the current NAV of TRUSTMF Overnight Fund Direct-Growth?
The current NAV of TRUSTMF Overnight Fund Direct-Growth is ₹1303.90 as of 19 Sep 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of TRUSTMF Overnight Fund Direct-Growth?
The AUM (Assets Under Management) of TRUSTMF Overnight Fund Direct-Growth is ₹31.08 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of TRUSTMF Overnight Fund Direct-Growth?
The expense ratio of TRUSTMF Overnight Fund Direct-Growth is 0.11% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of TRUSTMF Overnight Fund Direct-Growth?
TRUSTMF Overnight Fund Direct-Growth is managed by Jalpan Shah, Shradhanjali Panda. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of TRUSTMF Overnight Fund Direct-Growth?
The benchmark of TRUSTMF Overnight Fund Direct-Growth is CRISIL Liquid Overnight Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was TRUSTMF Overnight Fund Direct-Growth launched?
TRUSTMF Overnight Fund Direct-Growth was launched on 19 Jan 2022. The fund has been in existence for 4 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in TRUSTMF Overnight Fund Direct-Growth?
The minimum investment in TRUSTMF Overnight Fund Direct-Growth is ₹1,000 for a lump sum and ₹1,000 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on TRUSTMF Overnight Fund Direct-Growth?
The exit load on TRUSTMF Overnight Fund Direct-Growth is shown in the Scheme Overview section above. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does TRUSTMF Overnight Fund Direct-Growth belong to?
TRUSTMF Overnight Fund Direct-Growth belongs to the Debt: Overnight category. You can view other funds in this category.