TRUST Asset Management Company is a part of TRUST Group, which is one of India’s most successful money management firms. The TRUST Group has been in the financial business for the last two decades. It started as a fixed-income distribution company and later evolved into one of the top non-banking debt capital market players. Trust Mutual Fund has been established as a Trust under the Indian Trusts Act 1882, sponsored by Trust Investment Advisors Private Limited (TIAPL). The group entered the retail segment by setting up a TRUST Mutual Fund in October 2019. Over the last 5 years, TIAPL has been one of the top 5 Corporate Bond arrangers, alongside the other leading banks such as AXIS, HDFC, SBI, etc.
Currently, TRUST Asset Management Private Limited (TRUST AMC) currently offers 7 fixed-income products. TRUST AMC has associated with CRISIL as a strategic knowledge partner. CRISIL helps in critically evaluating the investment universe and assists in constructing a model portfolio after the due filtration process. TRUST AMC is known for its commitment to transparency when it comes to creating and managing schemes. Considering the inherent market volatility, TRUST Mutual Fund consistently strives to offer risk-adjusted returns to investors.
TRUST Mutual Fund has adopted Limited Active Methodology for all its Schemes except TRUST Mutual Fund Overnight Fund. It is a structured methodology where the fund manager attempts to invest predominantly in line with the internally created model portfolio.
| Setup Date | October 07, 2019 |
| AMC Incorporation date | December 12, 2017 |
| Headquarters in | Mumbai |
| Name of the sponsors | Trust Investment Advisors Private Limited |
| Trustee organisation | Trust AMC Trustee Private Limited |
| MD and CEO | Sandeep Bagla |
| Compliance Officer | Puja Trivedi |
| Chief Investment Officer | Mr. Mihir Vora |
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Anand Nevatia
Fund Manager since Jan 2023 (2 years)
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Mr. Nevatia is has been working with TRUST Mutual Fund for nearly 20 years. He has worked there as AVP of debt capital markets and Head of Debt PMS. Before that he was working with Jumbo Electronics and Trisys Communication Pvt ltd. He has a CFA degree from ICFAI.
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Neeraj Jain
Fund Manager since Apr 2022 (3 years)
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Mihir Vora
Fund Manager since Apr 2024 (1 year)
You can easily invest in Trust Mutual Fund by your Angel One account by following the below steps:
Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN.
Note: In case you do not have an account with Angel One, you can open a Demat account with us in under a few minutes by submitting the necessary documents.
Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:
Step 3: Once you finalise the fund you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in:
| Schemes | Category | AUM (in ₹ Cr) | 3-Yr Returns (%) | 1-Yr Return (%) |
| TRUSTMF Liquid Fund | Liquid Fund | 348.48 | 6.64 | 7.14 |
| TRUSTMF Short Duration Fund | Short Duration Fund | 115.26 | 6.34 | 7.79 |
| TRUSTMF Overnight Fund | Overnight Fund | 196.29 | 6.18 | 6.66 |
| TRUSTMF Banking & PSU Fund | Banking and PSU Fund | 192.8 | 5.97 | 7.94 |
| TRUSTMF Flexi Cap Fund | Flexi Cap Fund | 881.88 | – | – |
| TRUSTMF Small Cap Fund | Small Cap Fund | 502.98 | – | – |
| TRUSTMF Money Market Fund | Money Market Fund | 84.25 | – | 7.52 |
| TRUSTMF Corporate Bond Fund | Corporate Bond Fund | 70.81 | – | 7.64 |
Note: All data is as of February 27, 2025, and the selected funds have demonstrated the highest Compound Annual Growth Rate (CAGR) among Trust Mutual Funds over the past 3 years.
TRUSTMF Liquid Fund is a low to moderate-risk investment option designed for short-term capital preservation and liquidity. As a liquid fund, it primarily invests in high-quality money market instruments with short maturities, offering stable returns. With an AUM of ₹348.48 crore, it has delivered a 3-year CAGR of 6.64% and a 1-year return of 7.14%. The fund has a competitive expense ratio of 0.25%, making it a cost-effective choice for investors seeking quick access to funds.
TRUSTMF Short Duration Fund falls under the short-duration category, focusing on debt instruments with maturities between one to three years. It carries a moderate risk profile and aims to provide a balance of stability and income generation. The fund has an AUM of ₹115.26 crore, with a 3-year CAGR of 6.34% and a 1-year return of 7.79%. With an expense ratio of 0.23%, it is a relatively affordable option for investors looking for medium-term fixed-income investments.
TRUSTMF Overnight Fund is a low-risk investment that provides high liquidity by investing in overnight securities with a one-day maturity. It is ideal for risk-averse investors looking for secure, short-term parking of funds. With an AUM of ₹196.29 crore, it has generated a 3-year CAGR of 6.18% and a 1-year return of 6.66%. The fund’s expense ratio is just 0.07%, making it a highly cost-effective option for those prioritising capital safety and liquidity.
TRUSTMF Banking and PSU Fund is a low to moderate-risk debt fund that invests in securities issued by banks and public sector undertakings (PSUs). This strategy ensures stability while offering relatively higher returns than traditional fixed-income instruments. The fund has an AUM of ₹192.8 crore, delivering a 3-year CAGR of 5.97% and a 1-year return of 7.94%. With an expense ratio of 0.21%, it is a viable choice for conservative investors seeking predictable returns.
TRUSTMF Flexi Cap Fund belongs to the flexi cap category, which allows investments across market capitalisations for diversification. With a moderate risk level, the fund seeks to balance growth potential and stability. Its AUM stands at ₹881.88 crore, but historical return data is currently unavailable as this is a new fund. The fund has an expense ratio of 0.49%, which is reasonable for a diversified equity fund. This makes it suitable for investors looking for long-term capital appreciation across various market conditions.
TRUSTMF Small Cap Fund is a high-risk investment vehicle that focuses on small-cap stocks with strong growth potential. It caters to aggressive investors willing to endure market volatility for higher long-term returns. The fund has an AUM of ₹502.98 crore, but return data is yet to be recorded. Given its very high-risk profile, it is best suited for experienced investors with a long investment horizon. The fund carries an expense ratio of 0.51%, which aligns with its actively managed strategy in the small-cap segment.
TRUSTMF Money Market Fund is a low to moderate-risk investment option that primarily invests in short-term debt and money market instruments. It is suitable for investors looking for liquidity with better returns than a savings account. The fund has an AUM of ₹84.25 crore, with a 1-year return of 7.52%. Although it lacks a 3-year performance record, its low expense ratio of 0.16% ensures cost-effective management. This fund can be an ideal option for parking surplus cash while earning stable returns.
TRUSTMF Corporate Bond Fund is a low to moderate-risk debt fund that invests in high-rated corporate bonds, ensuring stability and consistent income. With an AUM of ₹70.81 crore, it has generated a 1-year return of 7.64%. The fund does not have a 3-year performance record yet but aims to provide predictable returns with limited volatility. Its expense ratio of 0.25% is competitive, making it a suitable option for investors seeking steady fixed-income returns with minimal credit risk.
You can increase the SIP amount in a Trust Mutual Fund in three ways - by visiting https://www.angelone.in/mutual-funds, the Angel One App or the AMC’s official website.
Getting the Trust Mutual Fund account statement is simple. Turn to the Mutual Funds section in the Angel One App or visit https://www.angelone.in/mutual-funds. Alternatively, you can get the statement by visiting the AMC’s official website.
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