TrustMF Liquid Fund Direct Growth
Capital PreservationLiquidLow to Moderate Risk
Direct
NAV (25-Sep-26)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,203 Cr
Expense Ratio
0.10%
ISIN
INF0GCD01255
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Apr 2021
About this fund
As of 25-Sep-26, it has a Net Asset Value (NAV) of ₹1377.58, Assets Under Management (AUM) of 1202.73 Crores, and an expense ratio of 0.1%.
- TrustMF Liquid Fund Direct Growth has given a CAGR return of 6.08% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.16% in debts, and 99.84% in cash & cash equivalents.
- You can start investing in TrustMF Liquid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.44%
+5.82% (Cat Avg.)
3 Years
+6.89%
+6.36% (Cat Avg.)
5 Years
+6.32%
+5.84% (Cat Avg.)
Since Inception
+6.08%
— (Cat Avg.)
Portfolio Summaryas of 15th September 2026
| Debt | ₹1.92 Cr | 0.16% |
| Others | ₹1,200.81 Cr | 99.84% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps 16-Sep-2026 | Cash - Repurchase Agreement | ₹113.68 Cr | 8.76% |
| Day Tbill | Bond - Gov't/Treasury | ₹99.13 Cr | 7.64% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹74.92 Cr | 5.78% |
| Ultratech Cement Limited | Cash - Commercial Paper | ₹49.99 Cr | 3.85% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.95 Cr | 3.85% |
| Union Bank of India | Bond - Corporate Bond | ₹49.94 Cr | 3.85% |
| Kotak Securities Ltd | Cash - Commercial Paper | ₹49.94 Cr | 3.85% |
| Icici Securities Limited (Earlier Icici Brokerage Services Limited) | Cash - Commercial Paper | ₹49.93 Cr | 3.85% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹49.78 Cr | 3.84% |
| Aditya Birla Money Limited (Frmly APollo Sindhoori Capital Investments Ltd) | Cash - Commercial Paper | ₹49.65 Cr | 3.83% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.55 Cr | 3.82% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.52 Cr | 3.82% |
| Canara Bank | Bond - Gov't Agency Debt | ₹49.48 Cr | 3.81% |
| Hindustan Petroleum Corporation Limited (03/12/2026) | Cash | ₹49.35 Cr | 3.80% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹44.48 Cr | 3.43% |
| Indian Oil Corporation Limited | Cash - Commercial Paper | ₹29.99 Cr | 2.31% |
| India (Republic of) | Bond - Short-term Government Bills | ₹29.71 Cr | 2.29% |
| Bank of Baroda | Bond - Corporate Bond | ₹25 Cr | 1.93% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹24.98 Cr | 1.93% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹24.97 Cr | 1.93% |
| Hindustan Petroleum Corporation Limited | Cash - Commercial Paper | ₹24.95 Cr | 1.92% |
| Union Bank of India | Bond - Corporate Bond | ₹24.86 Cr | 1.92% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.85 Cr | 1.92% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.79 Cr | 1.91% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.77 Cr | 1.91% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹24.76 Cr | 1.91% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹24.73 Cr | 1.91% |
| Kotak Securities Ltd | Cash - Commercial Paper | ₹24.68 Cr | 1.90% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹24.67 Cr | 1.90% |
| Axis Securities Limited (02/12/2026) | Cash | ₹19.71 Cr | 1.52% |
| India (Republic of) | Bond - Short-term Government Bills | ₹14.87 Cr | 1.15% |
| India (Republic of) | Bond - Short-term Government Bills | ₹14.87 Cr | 1.15% |
| Net Receivables / (Payables) | Cash | ₹3.48 Cr | 0.27% |
| India (Republic of) | Bond - Short-term Government Bills | ₹2.71 Cr | 0.21% |
| India (Republic of) | Bond - Short-term Government Bills | ₹2.39 Cr | 0.18% |
| SBI Funds Management Private Ltd | Bond - Corporate Bond | ₹2.07 Cr | 0.16% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹502.76 Cr | 38.76% |
| Bond - Corporate Bond | ₹176.62 Cr | 13.62% |
| Cash - CD/Time Deposit | ₹143.57 Cr | 11.07% |
| Bond - Short-term Government Bills | ₹139.35 Cr | 10.74% |
| Cash - Repurchase Agreement | ₹113.68 Cr | 8.76% |
| Bond - Gov't/Treasury | ₹99.13 Cr | 7.64% |
| Cash | ₹72.54 Cr | 5.59% |
| Bond - Gov't Agency Debt | ₹49.48 Cr | 3.81% |
Risk & Performance Ratios
Standard Deviation
This fund
0.20%
Cat. avg.
0.35%
Lower the better
Sharpe Ratio
This fund
2.78
Cat. avg.
0.24
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
12.71
Higher the better
Fund Managers
Jalpan Shah
Since June 2024
Shradhanjali Panda
Since October 2025
Additional Scheme Detailsas of 15th September 2026
ISIN INF0GCD01255 | Expense Ratio 0.10% | Exit Load No Charges | Fund Size ₹1,203 Cr | Age 5 years 5 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Liquid Debt A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| UTI Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹29217.85 Cr | 6.4% |
| JioBlackRock Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹12173.43 Cr | - |
| ASK Liquid Fund Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| ASK Liquid Fund Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| UTI Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹29217.85 Cr | 6.5% |
| UTI Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹29217.85 Cr | 6.4% |
| The Wealth Company Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹817.92 Cr | - |
| Abakkus Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹559.10 Cr | - |
| Abakkus Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹559.10 Cr | - |
| Capitalmind Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹98.25 Cr | - |
| Capitalmind Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹98.25 Cr | - |
| The Wealth Company Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹817.92 Cr | - |
| JioBlackRock Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹12173.43 Cr | 6.6% |
| Unifi Liquid Fund Regular Growth Low to Moderate Risk | 0.1% | 0.0% | ₹51.79 Cr | 5.8% |
| Unifi Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹51.79 Cr | 5.9% |
| ICICI Prudential BSE Liquid Rate ETF - Growth Low Risk | 0.3% | - | ₹1247.38 Cr | 5.0% |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹496.82 Cr | 6.3% |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹496.82 Cr | 6.2% |
| DSP S&P BSE Liquid Rate ETF Low Risk | 0.3% | - | ₹1904.83 Cr | 4.9% |
| HDFC Nifty 1D Rate Liquid ETF Low Risk | 0.5% | - | ₹29.44 Cr | 5.3% |
| Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 12 Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 13 Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Mirae Asset Cash Management Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹17358.70 Cr | 6.4% |
| LIC MF Liquid Plan Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹17484.09 Cr | 6.5% |
| ICICI Prudential Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹62798.37 Cr | 6.5% |
| ITI Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹52.01 Cr | 6.0% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹52.01 Cr | 6.2% |
| Navi Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹73.81 Cr | 5.8% |
| Sundaram Liquid Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹9094.46 Cr | 6.6% |
| Bandhan Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹20197.71 Cr | 6.5% |
| Groww Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹381.39 Cr | 6.5% |
| Nippon India Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹43124.99 Cr | 6.5% |
| Union Liquid Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹7577.89 Cr | 6.4% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1742.62 Cr | 6.4% |
| Edelweiss Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹13272.23 Cr | 6.5% |
| Invesco India Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹20748.17 Cr | 6.5% |
| Kotak Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹49073.09 Cr | 6.5% |
| WhiteOak Capital Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹742.59 Cr | 6.4% |
| WhiteOak Capital Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹742.59 Cr | 6.3% |
| Mahindra Manulife Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹1392.28 Cr | 6.4% |
| Mahindra Manulife Liquid Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹1392.28 Cr | 6.5% |
| Quantum Liquid Fund Regular Growth Low Risk | 0.3% | 0.0% | ₹556.28 Cr | 5.8% |
| Mirae Asset Cash Management Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹17358.70 Cr | 6.3% |
| Axis Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹63342.66 Cr | 6.5% |
| Bajaj Finserv Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹8588.55 Cr | 6.3% |
| Bajaj Finserv Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹8588.55 Cr | 6.5% |
| SBI Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹92191.69 Cr | 6.4% |
| UTI Liquid Fund Cash Plan Direct Growth Moderate Risk | 0.2% | 0.0% | ₹33248.42 Cr | 6.4% |
About the AMC
Trust Mutual Fund
Total AUM
₹6,812 Cr
Address
801, 8th Floor, G Block, Naman Center, Bandra Kurla Complex, Mumbai, 400051
Other Funds by Trust Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| TRUSTMF Large & Mid Cap Fund Direct Growth Very High Risk | 4.1% | 1.0% | ₹365.69 Cr | - |
| TRUSTMF Mid Cap Fund Direct Growth Very High Risk | 2.0% | 1.0% | ₹588.36 Cr | - |
| TRUSTMF Arbitrage Fund Direct Growth Low Risk | 1.6% | 0.0% | ₹134.19 Cr | 6.5% |
| TRUSTMF Multi Cap Fund Direct Growth Very High Risk | 1.9% | 1.0% | ₹809.54 Cr | 17.8% |
| TrustMF Small Cap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹3438.90 Cr | 30.9% |
| TrustMF Flexi Cap Fund Direct Growth Very High Risk | 1.8% | 1.0% | ₹1041.58 Cr | 8.7% |
| TrustMF Fixed Maturity Plan - Series II (1196 Days) Direct Growth Moderate Risk | - | 0.0% | ₹58.60 Cr | 6.8% |
| TrustMF Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹130.72 Cr | 7.3% |
| TRUSTMF Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹31.08 Cr | 5.1% |
| TrustMF Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹63.17 Cr | 5.2% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹1202.73 Cr | 6.4% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹164.48 Cr | 6.5% |
| TrustMF Corporate Bond Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹82.71 Cr | 4.7% |
Risk Level
Your principal amount will be at Low to Moderate Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of TrustMF Liquid Fund Direct Growth?
What are the returns of TrustMF Liquid Fund Direct Growth?
What is the portfolio composition of TrustMF Liquid Fund Direct Growth?
Who manages the TrustMF Liquid Fund Direct Growth?
- Jalpan Shah
- Shradhanjali Panda
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
