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Trust Mutual Fund

TRUSTMF Liquid Fund

Trust Mutual Fund · Direct plan · Growth

3-year returns
6.9%
a year
NAV
₹1,376.71
▲ 0.03% · 20 Sept 2026
Fund size
₹1,203 Cr
Expense ratio
0.1%
a year
Minimum SIP
₹1,000

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹1,365.47 and has returned 6.73% a year over 3 years.

Returns, and where it stands

Against the average liquid fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year6.4%6.4%ahead26 of 36
3 years6.9%6.9%behind26 of 33
5 years6.3%6.3%behind23 of 31
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.5%0.5%
3 months1.6%1.6%
6 months3.4%3.4%
1 year6.4%6.3%
2 yearsp.a.6.7%6.5%
3 yearsp.a.6.9%6.7%
5 yearsp.a.6.3%6.2%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Apr 2021.

Plan

NAV history

▲ 6.44% in the last 1Y

1,2941,3351,37620 Sept 202521 Mar 202620 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹19,134
XIRR (per year)
6.69%
Value today
₹1,99,134

36 monthly instalments from 24 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
0.1% a year
about the same as the liquid fund average
Worst fall so far
−0%
May 2022 to May 2022, against −0.2% for the category.
Years that made money
100%
Of every one-year stretch it has been through.
Over any three years
5.6% to 7.1%
A year, at worst and at best. Typically 6.7%.

Fund details

Minimum lumpsum
₹1,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
23 Apr 2021
Expense ratio
0.1%
as of 31 Aug 2026

Managed by Jalpan Shah, Shradhanjali Panda

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

TRUSTMF Liquid Fund against other funds in the Liquid Fund category
Fund1Y3Y5YExpenseFund size
Aditya Birla Sun Life Liquid Fund6.57%7.02%6.42%0.18%₹69,830 Cr
Edelweiss Liquid Fund6.54%7.01%6.4%0.1%₹13,272 Cr
Axis Liquid Fund6.58%7.01%6.41%0.12%₹56,438 Cr
Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund)6.57%7%0.12%₹9,094 Cr
Franklin India Liquid Fund6.54%7%6.37%0.14%₹6,082 Cr
DSP Liquid Fund6.54%6.99%6.38%0.12%₹27,920 Cr
TRUSTMF Liquid Fund6.44%6.9%6.32%0.1%₹1,203 Cr

About TRUSTMF Liquid Fund

TRUSTMF Liquid Fund is a liquid fund managed by Trust Mutual Fund. Invest in debt and money market securities maturing within 91 days. Low risk, withdrawals usually reach your bank the next working day; an alternative to a savings account for short-term money.

The objective of the scheme is to provide reasonable returns at a high level of safety and liquidity through investments in high quality debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realised

The scheme's stated objective, as published by Trust Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹1,376.7084148841
DirectDaily Income Distribution cum Capital Withdrawal₹1,297.4322148842
DirectMonthly Income Distribution cum Capital Withdrawal₹1,226.1281148839
DirectWeekly Income Distribution cum Capital Withdrawal₹1,252.8449148837
RegularGrowth₹1,365.4696148833
RegularDaily Income Distribution cum Capital Withdrawal₹1,224.0783148834
RegularMonthly Income Distribution cum Capital Withdrawal₹1,216.0835148843
RegularWeekly Income Distribution cum Capital Withdrawal₹1,199.1935148836

Frequently asked questions

What is the NAV of TRUSTMF Liquid Fund today?

The NAV of TRUSTMF Liquid Fund (Direct plan, Growth) is ₹1,376.7084 and the Regular plan NAV is ₹1,365.4696, as of 20 Sept 2026.

What returns has TRUSTMF Liquid Fund given?

Over the last year the Direct plan returned 6.44%, and 6.9% a year over 3 years and 6.32% a year over 5 years. That places it 26 of 33 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of TRUSTMF Liquid Fund?

The Direct plan charges 0.1% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in TRUSTMF Liquid Fund?

You can start a monthly SIP with ₹1,000, or invest a lump sum of ₹1,000 or more.

How much has TRUSTMF Liquid Fund fallen in the past?

Its deepest fall was 0% from 3 May 2022 to 4 May 2022. Of every one-year stretch in its history, 100% ended in a gain.

Which category does TRUSTMF Liquid Fund belong to?

It is a Liquid Fund from Trust Mutual Fund. Invest in debt and money market securities maturing within 91 days. Low risk, withdrawals usually reach your bank the next working day; an alternative to a savings account for short-term money.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from TRUSTMF Liquid Fund taxed?

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.