TrustMF Small Cap Fund Direct Growth

Fund Overview

Fund Size

₹1,077 Cr

Expense Ratio

0.47%

ISIN

INF0GCD01800

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

04 Nov 2024

About this fund

TrustMF Small Cap Fund Direct Growth is a Small-Cap mutual fund schemes offered by Trust Mutual Fund. This fund has been in existence for 11 months and 27 days, having been launched on 04-Nov-24.
As of 30-Oct-25, it has a Net Asset Value (NAV) of ₹11.11, Assets Under Management (AUM) of 1077.07 Crores, and an expense ratio of 0.47%.

TrustMF Small Cap Fund Direct Growth has given a CAGR return of 11.10% since inception.
The fund's asset allocation comprises around 92.91% in equities, 0.00% in debts, and 7.09% in cash & cash equivalents.
You can start investing in TrustMF Small Cap 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.

Since Inception

+11.10%

— (Cat Avg.)

Portfolio Summaryas of 30th September 2025

Equity	₹1,000.67 Cr	92.91%
Others	₹76.39 Cr	7.09%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps	Cash - Repurchase Agreement	₹64.36 Cr	5.98%
Karur Vysya Bank Ltd	Equity	₹28.76 Cr	2.67%
GE Vernova T&D India Ltd	Equity	₹28.21 Cr	2.62%
Shaily Engineering Plastics Ltd	Equity	₹27.37 Cr	2.54%
Multi Commodity Exchange of India Ltd	Equity	₹25.77 Cr	2.39%
Radico Khaitan Ltd	Equity	₹25.28 Cr	2.35%
Kaynes Technology India Ltd	Equity	₹23.73 Cr	2.20%
Lumax Auto Technologies Ltd	Equity	₹23.68 Cr	2.20%
Apollo Micro Systems Ltd Ordinary Shares	Equity	₹23.09 Cr	2.14%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹22.5 Cr	2.09%
Welspun Corp Ltd	Equity	₹22.36 Cr	2.08%
SJS Enterprises Ltd	Equity	₹21.9 Cr	2.03%
Syrma SGS Technology Ltd	Equity	₹21.55 Cr	2.00%
Aster DM Healthcare Ltd Ordinary Shares	Equity	₹21.48 Cr	1.99%
Vishal Mega Mart Ltd	Equity	₹21.04 Cr	1.95%
Acutaas Chemicals Ltd	Equity	₹20.72 Cr	1.92%
Krishna Institute of Medical Sciences Ltd	Equity	₹19.88 Cr	1.85%
eClerx Services Ltd	Equity	₹19.64 Cr	1.82%
Delhivery Ltd	Equity	₹19.39 Cr	1.80%
Netweb Technologies India Ltd	Equity	₹18.81 Cr	1.75%
Allied Blenders and Distillers Ltd	Equity	₹18.53 Cr	1.72%
Anant Raj Ltd	Equity	₹18.13 Cr	1.68%
Gabriel India Ltd	Equity	₹17.86 Cr	1.66%
Sagility Ltd	Equity	₹17.69 Cr	1.64%
Blackbuck Ltd	Equity	₹17.48 Cr	1.62%
Ather Energy Ltd	Equity	₹17.47 Cr	1.62%
Privi Speciality Chemicals Ltd	Equity	₹16.86 Cr	1.57%
Transformers & Rectifiers (India) Ltd	Equity	₹16.76 Cr	1.56%
Navin Fluorine International Ltd	Equity	₹16.34 Cr	1.52%
Prudent Corporate Advisory Services Ltd	Equity	₹15.59 Cr	1.45%
Laurus Labs Ltd	Equity	₹15.29 Cr	1.42%
CarTrade Tech Ltd	Equity	₹15.18 Cr	1.41%
Coforge Ltd	Equity	₹14.83 Cr	1.38%
Manappuram Finance Ltd	Equity	₹14.64 Cr	1.36%
PNB Housing Finance Ltd	Equity	₹14.06 Cr	1.31%
Eris Lifesciences Ltd Registered Shs	Equity	₹13.75 Cr	1.28%
KFin Technologies Ltd	Equity	₹13.7 Cr	1.27%
Le Travenues Technology Ltd	Equity	₹13.22 Cr	1.23%
Firstsource Solutions Ltd	Equity	₹13.21 Cr	1.23%
Data Patterns (India) Ltd	Equity	₹13.09 Cr	1.22%
Cholamandalam Financial Holdings Ltd	Equity	₹12.84 Cr	1.19%
Kalpataru Projects International Ltd	Equity	₹12.82 Cr	1.19%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹12.57 Cr	1.17%
Net Current Assets	Cash	₹12.04 Cr	1.12%
PTC Industries Ltd	Equity	₹12 Cr	1.11%
City Union Bank Ltd	Equity	₹11.96 Cr	1.11%
Central Depository Services (India) Ltd	Equity	₹11.68 Cr	1.08%
Neuland Laboratories Ltd	Equity	₹11.66 Cr	1.08%
Sumitomo Chemical India Ltd Ordinary Shares	Equity	₹11.49 Cr	1.07%
India Shelter Finance Corporation Ltd	Equity	₹11.41 Cr	1.06%
V2 Retail Ltd	Equity	₹11.04 Cr	1.03%
Interarch Building Solutions Ltd	Equity	₹11.03 Cr	1.02%
OneSource Specialty Pharma Ltd	Equity	₹10.55 Cr	0.98%
Persistent Systems Ltd	Equity	₹9.95 Cr	0.92%
Smartworks Coworking Spaces Ltd	Equity	₹9.89 Cr	0.92%
Veranda Learning Solutions Ltd	Equity	₹9.7 Cr	0.90%
Apar Industries Ltd	Equity	₹9.12 Cr	0.85%
Awfis Space Solutions Ltd	Equity	₹8.39 Cr	0.78%
BEML Ltd	Equity	₹8.12 Cr	0.75%
Bharat Dynamics Ltd Ordinary Shares	Equity	₹7.98 Cr	0.74%
Craftsman Automation Ltd	Equity	₹7.7 Cr	0.72%
ASK Automotive Ltd	Equity	₹7.15 Cr	0.66%
Glenmark Pharmaceuticals Ltd	Equity	₹6.16 Cr	0.57%
Sai Life Sciences Ltd	Equity	₹6.13 Cr	0.57%
Wockhardt Ltd	Equity	₹5.77 Cr	0.54%
JK Cement Ltd	Equity	₹5.55 Cr	0.52%
HealthCare Global Enterprises Ltd	Equity	₹4.6 Cr	0.43%
Ellenbarrie Industrial Gases Ltd	Equity	₹4.57 Cr	0.42%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Consumer Cyclical	₹178.75 Cr	16.60%
Industrials	₹170.01 Cr	15.78%
Financial Services	₹159.27 Cr	14.79%
Technology	₹152.91 Cr	14.20%
Healthcare	₹132.96 Cr	12.34%
Basic Materials	₹125.26 Cr	11.63%
Consumer Defensive	₹53.51 Cr	4.97%
Real Estate	₹28.01 Cr	2.60%

Risk & Performance Ratios

Fund Managers

Mihir Vora

Since November 2024

Aakash Manghani

Since November 2024

Additional Scheme Detailsas of 30th September 2025

ISIN

INF0GCD01800

Expense Ratio

0.47%

Exit Load

1.00%

Fund Size

₹1,077 Cr

Age

11 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Smallcap 250 TR Index

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 Small-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Samco Small Cap Fund Direct Growth Very High Risk	-	10.0%	-	-
Samco Small Cap Fund Regular Growth Very High Risk	-	10.0%	-	-
Groww Nifty Smallcap 250 ETF Very High Risk	-	-	-	-
Bajaj Finserv Small Cap Fund Direct Growth Very High Risk	0.4%	0.0%	₹1378.47 Cr	-
Bajaj Finserv Small Cap Fund Regular Growth Very High Risk	2.1%	0.0%	₹1378.47 Cr	-
Mirae Asset Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹2413.97 Cr	-
Mirae Asset Small Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹2413.97 Cr	-
TrustMF Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1077.07 Cr	-
TrustMF Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹1077.07 Cr	-
JM Small Cap Fund Regular Growth Very High Risk	2.3%	1.0%	₹728.76 Cr	-1.1%
JM Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹728.76 Cr	0.6%
Motilal Oswal Nifty Smallcap 250 ETF Very High Risk	0.3%	-	₹127.98 Cr	-0.1%
Motilal Oswal Small Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹5452.13 Cr	7.1%
Motilal Oswal Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹5452.13 Cr	8.5%
Quantum Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹159.16 Cr	6.6%
Quantum Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹159.16 Cr	5.1%
Baroda BNP Paribas Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1244.35 Cr	-1.3%
Baroda BNP Paribas Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1244.35 Cr	-2.4%
Sundaram Emerging Small Cap - Series VI Regular Growth Low Risk	1.3%	0.0%	₹45.47 Cr	7.2%
Sundaram Emerging Small Cap - Series VI Direct Growth Low Risk	0.8%	0.0%	₹45.47 Cr	7.8%
Sundaram Emerging Small Cap - Series VII Regular Growth Low Risk	1.4%	0.0%	₹159.75 Cr	10.9%
Sundaram Emerging Small Cap - Series VII Direct Growth Low Risk	1.0%	0.0%	₹159.75 Cr	11.3%
Sundaram Emerging Small Cap - Series V Regular Growth Low Risk	1.3%	0.0%	₹83.88 Cr	6.9%
Sundaram Emerging Small Cap - Series V Direct Growth Low Risk	0.8%	0.0%	₹83.88 Cr	7.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth Very High Risk	1.2%	0.0%	₹36.12 Cr	4.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular Growth Very High Risk	1.4%	0.0%	₹36.12 Cr	3.8%
Union Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1567.96 Cr	2.5%
Union Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1567.96 Cr	3.7%
HDFC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹36827.67 Cr	6.2%
Kotak Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹17480.17 Cr	-2.8%
ICICI Prudential Smallcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹8448.99 Cr	1.6%
Nippon India Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹66136.11 Cr	-0.6%
Nippon India Small Cap Fund Regular Growth Very High Risk	1.4%	1.0%	₹66136.11 Cr	-1.3%
Invesco India Smallcap Fund Direct Growth Very High Risk	0.4%	1.0%	₹8055.38 Cr	7.9%
Invesco India Smallcap Fund Regular Growth Very High Risk	1.7%	1.0%	₹8055.38 Cr	6.4%
ICICI Prudential Smallcap Fund Regular Growth Very High Risk	1.8%	1.0%	₹8448.99 Cr	0.6%
ITI Small Cap Fund Regular Growth Very High Risk	1.9%	0.0%	₹2622.42 Cr	3.6%
ITI Small Cap Fund Direct Growth Very High Risk	0.2%	0.0%	₹2622.42 Cr	5.2%
Mahindra Manulife Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4065.07 Cr	0.3%
Mahindra Manulife Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹4065.07 Cr	1.7%
Canara Robeco Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹12857.72 Cr	-0.7%
Canara Robeco Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹12857.72 Cr	0.5%
Aditya Birla Sun Life Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4881.59 Cr	-0.9%
DSP Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹16496.31 Cr	1.5%
UTI Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4669.44 Cr	2.6%
UTI Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4669.44 Cr	3.9%
Tata Small Cap Fund Regular Growth Very High Risk	1.7%	0.0%	₹11637.30 Cr	-7.5%
Aditya Birla Sun Life Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹4881.59 Cr	0.0%
Tata Small Cap Fund Direct Growth Very High Risk	0.3%	0.0%	₹11637.30 Cr	-6.2%
Sundaram Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹3340.55 Cr	4.3%

About the AMC

Trust Mutual Fund

+91 2262746000

https://www.trustmf.com/

Total AUM

₹3,812 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 Arbitrage Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹53.80 Cr	-
TRUSTMF Multi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹228.30 Cr	-
TrustMF Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1077.07 Cr	-
TrustMF Flexi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1119.44 Cr	2.8%
TrustMF Fixed Maturity Plan - Series II (1196 Days) Direct Growth Moderately High risk	-	0.0%	₹58.60 Cr	8.6%
TrustMF Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹129.34 Cr	8.2%
TRUSTMF Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹68.68 Cr	6.0%
TrustMF Short Term Fund Direct Growth Moderate Risk	0.2%	0.0%	₹102.43 Cr	8.5%
TrustMF Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹591.67 Cr	6.7%
TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹95.49 Cr	7.5%
TrustMF Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹29.26 Cr	7.6%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of TrustMF Small Cap Fund Direct Growth?

The NAV of TrustMF Small Cap Fund Direct Growth, as of 30-Oct-2025, is ₹11.11.

What is the portfolio composition of TrustMF Small Cap Fund Direct Growth?

The fund's allocation of assets is distributed as 92.91% in equities, 0.00% in bonds, and 7.09% in cash and cash equivalents.

Who manages the TrustMF Small Cap Fund Direct Growth?

The fund managers responsible for TrustMF Small Cap Fund Direct Growth are:-

Mihir Vora
Aakash Manghani

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹1,077 Cr

Expense Ratio

0.47%

ISIN

INF0GCD01800

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

04 Nov 2024

Risk Level

Your principal amount will be at Very High Risk