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Trust Mutual Fund

Trustmf Small Cap Fund

Trust Mutual Fund · Direct plan · Growth

1-year returns
30%
NAV
₹14.05
▲ 2.11% · 18 Sept 2026
Fund size
₹3,439 Cr
Expense ratio
1.56%
a year
Minimum SIP
₹1,000

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹13.62 and has returned 27.89% over a year.

Returns, and where it stands

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

PeriodThis fundCategoryRank
1 year30%11.8%ahead1 of 30
Every period, and the Regular plan →
PeriodDirectRegular
1 month1.5%1.3%
3 months10%9.6%
6 months36.5%35.5%
1 year30%27.9%

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 Nov 2024.

Plan

NAV history

▲ 29.97% in the last 1Y

9.8312.014.218 Sept 202520 Mar 202618 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
₹60,000
Gain
₹13,919
XIRR (per year)
45.5%
Value today
₹73,919

12 monthly instalments from 18 Sept 2025, 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
18.6% a year
1.6% more than the category average — the bumpier side
Worst fall so far
−24%
Jan 2025 to Mar 2025.
Years that made money
95.8%
Of every one-year stretch it has been through.

Fund details

Minimum lumpsum
₹1,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
4 Nov 2024
Portfolio turnover
2.02x
Expense ratio
1.56%
as of 31 Aug 2026

Managed by Mihir Vora, Saurabh Kataria, Aakash Manghani

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

How it compares

Trustmf Small Cap Fund against other funds in the Small Cap Fund category
Fund1Y3Y5YExpenseFund size
ITI Small Cap Fund20.39%25.19%19.51%0.85%₹3,603 Cr
BANDHAN Small Cap Fund9.73%24.8%19.61%0.6%₹31,103 Cr
Invesco India Small Cap Fund14.23%23.23%20.21%0.41%₹15,744 Cr
Bank of India Small Cap Fund25.1%21.92%20.05%0.44%₹3,307 Cr
Mahindra Manulife Small Cap Fund16.12%20.65%0.9%₹5,468 Cr
LIC MF Small Cap Fund14.83%19.2%1.32%₹832 Cr
Trustmf Small Cap Fund29.97%1.56%₹3,439 Cr

About Trustmf Small Cap Fund

Trustmf Small Cap Fund is a small cap fund managed by Trust Mutual Fund. Invest at least 65% in smaller companies (ranked beyond 250). The highest growth potential among diversified equity funds, and the most volatile; best held for 7 years or more.

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of small cap companies. However, there is no assurance that the investment objective of the scheme will be realized.

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 are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

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

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹14.05152939
DirectIDCW₹14.05152937
RegularGrowth₹13.62152940
RegularIDCW₹13.62152938

Frequently asked questions

What is the NAV of Trustmf Small Cap Fund today?

The NAV of Trustmf Small Cap Fund (Direct plan, Growth) is ₹14.05 and the Regular plan NAV is ₹13.62, as of 18 Sept 2026.

What returns has Trustmf Small Cap Fund given?

Over the last year the Direct plan returned 29.97%. Past returns do not guarantee future returns.

What is the expense ratio of Trustmf Small Cap Fund?

The Direct plan charges 1.56% 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 Small Cap Fund?

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

How much has Trustmf Small Cap Fund fallen in the past?

Its deepest fall was 24% from 3 Jan 2025 to 3 Mar 2025. Of every one-year stretch in its history, 96% ended in a gain.

Which category does Trustmf Small Cap Fund belong to?

It is a Small Cap Fund from Trust Mutual Fund. Invest at least 65% in smaller companies (ranked beyond 250). The highest growth potential among diversified equity funds, and the most volatile; best held for 7 years or more.

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 Small Cap Fund taxed?

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

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.