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Trust Mutual Fund

TRUSTMF Overnight Fund

Trust Mutual Fund · Direct plan · Growth

3-year returns
6%
a year
NAV
₹1,303.90
▲ 0.03% · 20 Sept 2026
Fund size
₹31 Cr
Expense ratio
0.11%
a year
Minimum SIP
₹1,000

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹1,300.82 and has returned 5.95% a year over 3 years.

Returns, and where it stands

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

PeriodThis fundCategoryRank
1 year5.1%5.2%behind31 of 36
3 years6%6%behind26 of 32
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.4%0.4%
3 months1.2%1.2%
6 months2.5%2.5%
1 year5.1%5.1%
2 yearsp.a.5.6%5.6%
3 yearsp.a.6%5.9%

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 Jan 2022.

Plan

NAV history

▲ 5.13% in the last 1Y

1,2411,2721,30320 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
₹15,984
XIRR (per year)
5.62%
Value today
₹1,95,984

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 overnight fund average
Years that made money
100%
Of every one-year stretch it has been through.
Over any three years
6% to 6.5%
A year, at worst and at best. Typically 6.3%.

Fund details

Minimum lumpsum
₹1,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
19 Jan 2022
Expense ratio
0.11%
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 Overnight Fund against other funds in the Overnight Fund category
Fund1Y3Y5YExpenseFund size
Bank of India Overnight Fund5.5%6.21%5.84%0.08%₹109 Cr
Quant Overnight Fund5.06%6.13%0.19%₹58 Cr
Axis Overnight Fund5.3%6.1%5.75%0.09%₹11,325 Cr
Tata Overnight Fund5.3%6.1%5.74%0.09%₹4,571 Cr
Bajaj Finserv Overnight Fund5.33%6.09%0.12%₹653 Cr
Nippon India Overnight Fund5.28%6.09%5.74%0.1%₹8,548 Cr
TRUSTMF Overnight Fund5.13%6%0.11%₹31 Cr

About TRUSTMF Overnight Fund

TRUSTMF Overnight Fund is a overnight fund managed by Trust Mutual Fund. Invest in securities maturing in one day. Extremely low risk and returns close to the overnight interest rate; used to park money for a few days.

The investment objective of the Scheme is to provide reasonable returns commensurating with overnight call rates and providing a high level of liquidity, through investments in overnight securities having maturity / unexpired maturity of 1 business day. 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₹1,303.8959149797
DirectUnclaimed Redemption Plan Growth₹1,006.8181153520
DirectDaily IDCW Reinvestment₹1,275.8664149796
RegularGrowth₹1,300.8234149795
RegularDaily IDCW Reinvestment₹1,260.5027149798

Frequently asked questions

What is the NAV of TRUSTMF Overnight Fund today?

The NAV of TRUSTMF Overnight Fund (Direct plan, Growth) is ₹1,303.8959 and the Regular plan NAV is ₹1,300.8234, as of 20 Sept 2026.

What returns has TRUSTMF Overnight Fund given?

Over the last year the Direct plan returned 5.13%, and 6% a year over 3 years. That places it 26 of 32 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of TRUSTMF Overnight Fund?

The Direct plan charges 0.11% 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 Overnight Fund?

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

Which category does TRUSTMF Overnight Fund belong to?

It is a Overnight Fund from Trust Mutual Fund. Invest in securities maturing in one day. Extremely low risk and returns close to the overnight interest rate; used to park money for a few days.

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 Overnight 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.