TrustMF Liquid Fund Direct Growth
Capital PreservationLiquidLow to Moderate Risk
Direct
NAV (12-Sep-26)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,130 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 12-Sep-26, it has a Net Asset Value (NAV) of ₹1375.24, Assets Under Management (AUM) of 1130.36 Crores, and an expense ratio of 0.1%.
- TrustMF Liquid Fund Direct Growth has given a CAGR return of 6.09% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 2.49% in debts, and 97.51% 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
+6.47%
+5.83% (Cat Avg.)
3 Years
+6.91%
+6.36% (Cat Avg.)
5 Years
+6.31%
+5.81% (Cat Avg.)
Since Inception
+6.09%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2026
| Debt | ₹28.15 Cr | 2.49% |
| Others | ₹1,102.2 Cr | 97.51% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Tbill | Bond - Gov't/Treasury | ₹94.76 Cr | 8.72% |
| Canara Bank | Cash - CD/Time Deposit | ₹74.62 Cr | 6.87% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.78 Cr | 4.58% |
| Small Industries Development Bank of India | Cash - Commercial Paper | ₹49.78 Cr | 4.58% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.73 Cr | 4.58% |
| Union Bank of India | Bond - Corporate Bond | ₹49.67 Cr | 4.57% |
| Kotak Securities Ltd | Cash - Commercial Paper | ₹49.65 Cr | 4.57% |
| Icici Securities Limited (Earlier Icici Brokerage Services Limited) | Cash - Commercial Paper | ₹49.64 Cr | 4.57% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹49.48 Cr | 4.55% |
| Aditya Birla Money Ltd. | Cash - Commercial Paper | ₹49.35 Cr | 4.54% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹49.26 Cr | 4.53% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.23 Cr | 4.53% |
| Treps 17-Aug-2026 | Cash - Repurchase Agreement | ₹25.6 Cr | 2.36% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.01 Cr | 2.30% |
| Bajaj Financial Securities Limited | Cash - Commercial Paper | ₹24.99 Cr | 2.30% |
| Piramal Finance Limited | Cash - Commercial Paper | ₹24.96 Cr | 2.30% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.89 Cr | 2.29% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹24.89 Cr | 2.29% |
| Bank of Baroda | Bond - Corporate Bond | ₹24.87 Cr | 2.29% |
| Small Industries Development Bank of India | Cash - Commercial Paper | ₹24.85 Cr | 2.29% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹24.83 Cr | 2.29% |
| Hindustan Petroleum Corp Ltd. | Bond - Gov't Agency Debt | ₹24.81 Cr | 2.28% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.74 Cr | 2.28% |
| Union Bank of India | Bond - Corporate Bond | ₹24.72 Cr | 2.27% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.65 Cr | 2.27% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹24.62 Cr | 2.27% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹24.58 Cr | 2.26% |
| T-Bill | Bond - Gov't/Treasury | ₹19.99 Cr | 1.84% |
| India (Republic of) | Bond - Short-term Government Bills | ₹19.99 Cr | 1.84% |
| Net Receivables / (Payables) | Cash | ₹3.95 Cr | 0.36% |
| Tbill | Bond - Gov't/Treasury | ₹2.89 Cr | 0.27% |
| SBI Funds Management Private Ltd | Bond - Corporate Bond | ₹2.06 Cr | 0.19% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹396.54 Cr | 36.49% |
| Cash - CD/Time Deposit | ₹223.17 Cr | 20.53% |
| Bond - Corporate Bond | ₹200.64 Cr | 18.46% |
| Bond - Gov't/Treasury | ₹117.64 Cr | 10.82% |
| Bond - Short-term Government Bills | ₹94.45 Cr | 8.69% |
| Cash - Repurchase Agreement | ₹25.6 Cr | 2.36% |
| Bond - Gov't Agency Debt | ₹24.81 Cr | 2.28% |
| Cash | ₹3.95 Cr | 0.36% |
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 August 2026
ISIN INF0GCD01255 | Expense Ratio 0.10% | Exit Load No Charges | Fund Size ₹1,130 Cr | Age 5 years 4 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 | 6.5% |
| JioBlackRock Liquid Fund Regular Growth Low to Moderate Risk | - | 0.0% | ₹10937.16 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 | 6.6% |
| UTI Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹29217.85 Cr | 6.5% |
| The Wealth Company Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹670.53 Cr | - |
| Abakkus Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹483.25 Cr | - |
| Abakkus Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹483.25 Cr | - |
| Capitalmind Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹100.34 Cr | - |
| Capitalmind Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹100.34 Cr | - |
| The Wealth Company Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹670.53 Cr | - |
| JioBlackRock Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹10937.16 Cr | 6.6% |
| Unifi Liquid Fund Regular Growth Low to Moderate Risk | 0.1% | 0.0% | ₹48.87 Cr | 5.8% |
| Unifi Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹48.87 Cr | 5.9% |
| ICICI Prudential BSE Liquid Rate ETF - Growth Low Risk | 0.3% | - | ₹1009.40 Cr | 5.0% |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹204.93 Cr | 6.3% |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹204.93 Cr | 6.2% |
| DSP S&P BSE Liquid Rate ETF Low Risk | 0.3% | - | ₹1561.45 Cr | 5.0% |
| 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% | ₹13190.24 Cr | 6.5% |
| LIC MF Liquid Plan Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹16824.07 Cr | 6.5% |
| ICICI Prudential Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹66219.93 Cr | 6.5% |
| ITI Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹47.95 Cr | 6.1% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹47.95 Cr | 6.2% |
| Navi Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹76.37 Cr | 5.8% |
| Sundaram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹10633.07 Cr | 6.6% |
| Bandhan Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹19030.95 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% | ₹43654.33 Cr | 6.6% |
| Union Liquid Regular Growth Low to Moderate Risk | 0.1% | 0.0% | ₹7564.22 Cr | 6.4% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2849.26 Cr | 6.4% |
| Edelweiss Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹13795.87 Cr | 6.6% |
| Invesco India Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹20723.49 Cr | 6.5% |
| Kotak Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹46102.17 Cr | 6.5% |
| WhiteOak Capital Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹672.30 Cr | 6.4% |
| WhiteOak Capital Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹672.30 Cr | 6.3% |
| Mahindra Manulife Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹1279.86 Cr | 6.4% |
| Mahindra Manulife Liquid Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹1279.86 Cr | 6.6% |
| 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% | ₹13190.24 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
Risk Level
Your principal amount will be at Low to Moderate Risk
Take control of your wealth
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What is the current NAV of TrustMF Liquid Fund Direct Growth?
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What is the portfolio composition of TrustMF Liquid Fund Direct Growth?
Who manages the TrustMF Liquid Fund Direct Growth?
- Jalpan Shah
- Shradhanjali Panda
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