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TRUSTMF Banking & PSU Debt Fund - Direct Plan download report


Debt: Banking and PSU

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.20 Lakh

Suitability:

"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
TRUSTMF Banking & PSU Debt Fund Direct-G -0.48 -0.02 0.14 0.12 -1.47 -0.48 2.14 -- -- -- --
CCIL T Bill Liquidity Weight 0.86 0.02 0.06 0.22 0.29 0.86 1.96 -- -- -- --
Debt: Banking and PSU 0.62 0.05 0.14 0.26 -0.30 0.62 2.96 -- -- -- --
Rank within category 18 22 8 21 18 18 17 -- -- -- --
Number of funds in category 22 22 22 22 22 22 22 17 16 14 0

As on 30-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
TRUSTMF Banking & PSU Debt Fund - Direct Plan
Unrated
Feb-21 2.14 -- -- 0.21% 481
IDFC Banking & PSU Debt Fund - Direct Plan  | Invest Online
5 star
Mar-13 3.23 7.25 7.53 0.32% 16,607
Axis Banking & PSU Debt Fund - Direct Plan
5 star
Jan-13 3.53 6.87 7.41 0.33% 14,588
Aditya Birla Sun Life Banking & PSU Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.33 7.01 7.11 0.34% 12,046
ICICI Prudential Banking & PSU Debt Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.63 6.84 6.75 0.35% 10,344

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.73 17-Mar-2021 - 24-Mar-2021 -1.56 02-May-2022 - 10-May-2022
Month 1.29 16-Mar-2021 - 15-Apr-2021 -1.79 06-Apr-2022 - 06-May-2022
Quarter 3.15 15-Mar-2021 - 14-Jun-2021 -1.60 17-Mar-2022 - 16-Jun-2022
Year 6.06 17-Mar-2021 - 17-Mar-2022 1.22 14-Jun-2021 - 14-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
TRUSTMF Banking & PSU Debt Fund Direct-G -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 2.69 0.37 -2.20 -4.41 -- --
Debt: Banking and PSU* 6.63 2.35 1.40 2.85 2.43 5.10
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-May-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 22 29 22 67
Modified Duration (yrs) 2.65 2.97 2.17 1.66
Average Maturity (yrs) 3.97 3.98 2.66 2.28
Yield to Maturity (%) 7.14 7.14 5.41 6.26
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.85% Axis Bank 2024 Debenture AAA 7.09 - 9.70 9.70
equal 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 6.09 - 8.35 8.35
equal Hindustan Petroleum Corporation 14/08/2024 Debenture AAA 5.28 - 7.30 7.30
down 7.42% Power Finance Corporation 19/11/2024 Non Convertible Debenture AAA 6.08 - 7.99 6.29
equal 8.90% Maharashtra State 24/09/2024 State Development Loan SOV 3.97 - 5.42 5.42
equal 8.93% Power Grid Corporation 20/10/2024 Bonds AAA 3.98 - 5.42 5.42
equal 8.29% MTNL 25/11/2024 Bonds AAA 3.88 - 5.31 5.31
equal 7.75% LIC Housing Fin. 23/07/2024 Debenture AAA 3.80 - 5.26 5.26
equal 6.39% Indian Oil Corporation 2025 Debenture AAA 3.79 - 6.28 5.11
down 5.27% National Bank Agr. Rur. Devp 23/07/2024 Non Convertible Debenture AAA 0.00 - 9.86 5.03
equal 5.59% SIDBI 21/02/2025 Debenture AAA 0.00 - 5.01 5.01
equal 5.23% National Bank Agr. Rur. Devp 31/01/2025 Non Convertible Debenture AAA 0.00 - 4.96 4.96
equal 8.87% Tamilnadu State 16/10/2024 State Development Loan SOV 3.18 - 4.33 4.33
equal 9.90% ICICI Bank Additional Tier 1 Bond AA+ 2.31 - 3.27 3.27
equal 5.89% ICICI Home Finance Company 19/07/2024 Floating Rate Debenture AAA 0.00 - 3.04 3.04
equal 9.15% ICICI Bank Additional Tier 1 Bond AA+ 1.51 - 2.13 2.13
equal 8.50% State Bank of India Additional Tier 1 Bond AA+ 1.48 - 2.12 2.12
equal 6.18% GOI 2024 GOI Securities SOV 1.96 - 7.65 2.06
equal 9.25% Power Grid Corporation 26/12/2024 Bonds AAA 0.81 - 1.09 1.09
equal 8.83% Tamilnadu State 2024 State Development Loan SOV 0.00 - 1.08 1.08
equal 8.75% State Bank of India Additional Tier 1 Bond AA+ 0.75 - 1.07 1.07
equal 5.75% Axis Finance 2024 Non Convertible Debenture AAA 0.00 - 1.83 1.00

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Anand Nevatia since 15-Jan-2021

Education: Mr Nevatia is a Diploma, CFA

Experience: Prior to working as a Fund Manager for the Fixed Income Schemes of Trust AMC. He has been associated with Trust Group for almost two decades in various capacities. These included Advisory Services, Research & Analysis & Portfolio Strategy. He had been managing the Fixed Income PMS for Trust Group since 2014 before assuming his new role at Trust AMC.

Funds Managed:


-0.02%

Change from previous, NAV as on 30-Jun-2022

Growth: ₹ 1,040.4900

IDCW Yearly: ₹ 1,004.9609

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IDCW Weekly: ₹ 1,000.2711

IDCW Quarterly: ₹ 1,013.6493

IDCW Monthly: ₹ 1,002.6788

IDCW Daily: ₹ 1,043.2603


Investment Strategy

The scheme seeks 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.

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: TRUST Mutual Fund
Launch Date: 01-Feb-2021
Return Since Launch: 2.86%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 481 Cr (As on 31-May-2022)
Expense: 0.21% (As on 31-May-2022)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily30-Jun-20220.1000

 29-Jun-20220.1000
 28-Jun-20220.1000
 27-Jun-20220.1000
 24-Jun-20220.1000
 23-Jun-20220.1000
 22-Jun-20220.1000
 21-Jun-20220.1000
 20-Jun-20220.1000
 17-Jun-20220.1000
 16-Jun-20220.1000
 15-Jun-20220.1000
 14-Jun-20220.1000
 13-Jun-20220.1000
 10-Jun-20220.1000
 09-Jun-20220.1000
 08-Jun-20220.1000
 07-Jun-20220.1000
 06-Jun-20220.1000
 03-Jun-20220.1000
 02-Jun-20220.1000
 01-Jun-20220.1000
 31-May-20220.1000
 30-May-20220.1000
 27-May-20220.1000
IDCW Monthly24-Jun-20220.8049

 24-May-20220.5687
 22-Apr-20222.8000
 24-Mar-20222.8000
 24-Feb-20222.8000
 24-Jan-20222.8000
 24-Dec-20212.8000
 24-Nov-20212.8000
 22-Oct-20212.8000
 24-Sep-20212.8000
 24-Aug-20212.8000
 23-Jul-20212.8000
 24-Jun-20212.8000
 24-May-20212.8000
 23-Apr-20212.8000
IDCW Weekly02-May-20220.7000

 25-Apr-20220.7000
 11-Apr-20220.7000
 04-Apr-20220.7000
 28-Mar-20220.7000
 21-Mar-20220.7000
 14-Mar-20220.7000
 07-Mar-20220.7000
 28-Feb-20220.7000
 21-Feb-20220.7000
 14-Feb-20220.7000
 08-Feb-20220.7000
 31-Jan-20220.7000
 24-Jan-20220.7000
 17-Jan-20220.7000
 10-Jan-20220.7000
 03-Jan-20220.7000
 27-Dec-20210.7000
 20-Dec-20210.7000
 13-Dec-20210.7000
 06-Dec-20210.7000
 22-Nov-20210.7000
 15-Nov-20210.7000
 08-Nov-20210.7000
 01-Nov-20210.7000
IDCW Quarterly25-Mar-20229.0000

 27-Dec-20219.0000
 27-Sep-20219.0000
IDCW Yearly25-Mar-202236.0000

Contact Information

AMC: Trust Asset Management Pvt. Ltd.

Address: 801, G Block, Naman Center, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: +91 22 6274 6000

Website: https://www.trustmf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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