TRUSTMF Short Term Fund
NAV
₹1,362.85
as of 23 Oct 2026
TRUSTMF Short Term Fund is an open-ended Short Duration Fund scheme from Trust Mutual Fund managing ₹66 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹1,362.85 as of 23 Oct 2026. The expense ratio is 0.26% a year. Managed by Jalpan Shah. This page is factual data only – it carries no rating and no recommendation.
What the fund data says
TRUSTMF Short Term Fund is a Direct-plan, growth-option Short Duration Fund scheme managed by Trust Mutual Fund. It reported ₹66 crore in assets as of 30 Sept 2026. The scheme began on 9 Aug 2021. The named fund manager is Jalpan Shah.
The dated asset mix was 0.0% equity, 80.8% debt, 19.2% cash and 0.0% other as of 30 Sept 2026. Within the reported equity size split, exposure was 2.7% large-cap, 22.2% mid-cap, 66.9% small-cap and 8.2% other as of 30 Apr 2026. The portfolio reported 15 holdings, with the ten largest accounting for 64.8% as of 30 Sept 2026.
Its trailing three-year annualised return was 7.0%. Its trailing five-year annualised return was 6.2%. Across 25 overlapping three-year windows, the weakest annualised result was 5.9% for the window beginning 1 Oct 2021; 100.0% of those overlapping windows ended positive. The deepest reported five-year drawdown was -0.7%. The Direct-plan expense ratio was 0.26% a year as of 31 Aug 2026. Its displayed SEBI Riskometer level was Low to Moderate Risk. These are historical, date-specific observations. They are not a rating, forecast or recommendation. Category comparisons use the category median over the same available period, while overlapping rolling windows are not independent probabilities.
Key facts
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 22 Oct 2026
TRUSTMF Short Term Fund
₹135
+35% on ₹100 over 5.0 yrs
Short Duration Fund average
₹135
+35% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category median | Gap |
|---|---|---|---|
| 3 months | 0.84% | – | – |
| 6 months | 2.43% | – | – |
| 1 year | 4.52% | – | – |
| 3 years (CAGR) | 7.00% | – | – |
| 5 years (CAGR) | 6.16% | – | – |
No category median is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- 2.7%
- Median
- 7.1%
- Best
- 9.7%
49 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Oct 2021. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 5.9%
- Median
- 7.2%
- Best
- 7.8%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Oct 2021. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.61
- Sharpe ratio (5Y)
- 0.18
- Sortino ratio (3Y)
- 1.20 vs category 0.80
- Standard deviation (3Y)
- 1.24%
- Deepest fall (5Y)
- -0.70%
Where the money actually is
Bonds
80.8%
Cash
19.2%
Whole-portfolio split, as of 30 Sept 2026. The size split below covers only the equity slice of this.
What it owns
15 positions · top 10 = 64.8%
Top holdings
- Treps 01-Oct-2026matures 1 Oct 202617.97%
- Export Import Bank Of Indiamatures 27 Jul 20289.86%
- National Bank For Agriculture And Rural Developmentmatures 15 Sep 20289.09%
- Small Industries Development Bank Of Indiamatures 24 Nov 20287.61%
- LIC Housing Finance Ltdmatures 11 Feb 20287.60%
- Bajaj Finance Limitedmatures 10 Dec 20277.59%
- Rec Limitedmatures 18 Feb 20287.54%
- 6.94% Govt Stock 2036matures 11 May 20367.49%
- Indian Railway Finance Corporation Limitedmatures 30 May 20287.48%
- Indian Bankmatures 21 Jun 20277.24%
Holdings as of 30 Sept 2026. Portfolio turnover 314.1% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The debt it holds
- Yield to maturity
- 7.07% vs category 7.22%
- Modified duration
- 1.08 yrs vs category 2.27 yrs
- Average maturity
- 1.22 yrs vs category 3.32 yrs
- Average coupon
- 7.32%
- Government securities
- 42.9%
Credit quality
- AAA
- 100.0%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 31 Aug 2026.
Portfolio characteristics as of 30 Sept 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- −₹40 cr
- Net flow, 3 months
- +₹9 cr
as of 30 Sept 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of TRUSTMF Short Term Fund?
- ₹1,362.85 per unit as of 23 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of TRUSTMF Short Term Fund?
- 0.26% a year for the Direct plan, as of 31 Aug 2026.
- How large is TRUSTMF Short Term Fund?
- ₹66 crore under management as of 30 Sept 2026, in the Short Duration Fund category.
- How risky is TRUSTMF Short Term Fund?
- Its SEBI Riskometer reading is "Low to Moderate Risk". Three months to three years of lending. Where sensible near-term money quietly sits.
- What are the 5-year returns of TRUSTMF Short Term Fund?
- 6.16% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.
- What is the worst 3-year return of TRUSTMF Short Term Fund?
- 5.9% a year – the weakest of 25 overlapping 3-year holding periods, beginning 1 Oct 2021. The median was 7.2% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages TRUSTMF Short Term Fund?
- Jalpan Shah, managing this fund for 2.3 years.
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Where this fund sits
Fund house
Trust Mutual Fund funds →
Browse this AMC’s published funds, categories, assets and dated NAV links.
Its shelf, all funds
Sd · Short duration →
Three months to three years of lending. Where sensible near-term money quietly sits.
The money map
How big this shelf is in India →
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Side by side
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Other Short Duration Fund funds
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.