Edelweiss Liquid Fund vs TRUSTMF Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Liquid Fund and TRUSTMF Liquid Fund are both Liquid funds. In the 3 years to 30-10-2026, Edelweiss Liquid Fund (Direct) returned 7.0% a year and TRUSTMF Liquid Fund (Direct) returned 6.8% a year. Edelweiss Liquid Fund charges 0.10% a year and TRUSTMF Liquid Fund 0.10% (Direct plans). Their portfolios overlap 14.8%: they hold 9 of the same securities.
Which is better, Edelweiss Liquid or TRUSTMF Liquid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss Liquid returned more over 5 years: 6.5% a year against 6.4%.
- Edelweiss Liquid returned more over 3 years: 7.0% a year against 6.8%.
- Edelweiss Liquid swung less over 3 years: a standard deviation of 0.1% a year against 0.2%.
- TRUSTMF Liquid fell less in its worst fall since 25-04-2021: −0.0% against −0.1%.
- Edelweiss Liquid is the larger fund: ₹11,741 Cr against ₹748 Cr.
- Their portfolios overlap 14.8%: 9 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Edelweiss Liquid Fund | TRUSTMF Liquid Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Trust Mutual Fund |
| Category | Liquid | Liquid |
| AUM | ₹11,741 Cr (30-09-2026) | ₹748 Cr (30-09-2026) |
| NAV | ₹3,699.86 (Direct) | ₹1,385.01 (Direct) |
| Expense ratio (Direct) | 0.10% | 0.10% |
| Expense ratio (Regular) | 0.17% | 0.25% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | CRISIL Liquid Debt A-I Index | Not available |
| Launch date | 21-09-2007 | Not available |
| Minimum investment | ₹1,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Rahul Dedhia, Hetul Raval | Not available |
| Exit load | Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. | Not available |
Edelweiss Liquid vs TRUSTMF Liquid: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Edelweiss Liquid Fund (Direct) | +0.46% | +1.52% | +3.21% | +6.50% | +6.96% | +6.45% | -- |
| TRUSTMF Liquid Fund (Direct) | +0.46% | +1.52% | +3.18% | +6.41% | +6.84% | +6.37% | -- |
| Liquid average | +0.44% | +1.46% | +3.06% | +6.23% | +6.66% | +6.18% | -- |
Category average: the average of the 44 Liquid funds, same plan type.
Edelweiss Liquid vs TRUSTMF Liquid: Year-wise Returns
| Year | EdelweissEdelweiss Liquid | TRUSTMFTRUSTMF Liquid |
|---|---|---|
| 2026to date | +5.43% | +5.35% |
| 2025 | +6.64% | +6.54% |
| 2024 | +7.53% | +7.36% |
| 2023 | +7.11% | +7.12% |
| 2022 | +4.91% | +4.89% |
| 2021 | +3.49% | -- |
Edelweiss Liquid vs TRUSTMF Liquid: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 914 of them, one for each trading day from 25-04-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Edelweiss Liquid Fund (Direct)
TRUSTMF Liquid Fund (Direct)
to
Jul 2024Dec 2021
to
Dec 2024May 2022
to
May 2025Oct 2022
to
Oct 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Liquid | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.8% | 7.0% | 5.6% | 7.1% |
| TRUSTMF Liquid | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7% | 6.9% | 5.6% | 7.1% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 25-04-2021. Past returns do not promise future returns.
Edelweiss Liquid vs TRUSTMF Liquid: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-04-2021 to 30-10-2026: 67 instalments, ₹6,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss LiquidEdelweiss Liquid Fund (Direct) | ₹6,70,000 | ₹8,08,687 | ₹1,38,687 | 6.7% |
| TRUSTMF LiquidTRUSTMF Liquid Fund (Direct) | ₹6,70,000 | ₹8,06,551 | ₹1,36,551 | 6.6% |
Edelweiss LiquidEdelweiss Liquid Fund (Direct)
TRUSTMF LiquidTRUSTMF Liquid Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Edelweiss Liquid vs TRUSTMF Liquid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Liquid Fund (Direct) | TRUSTMF Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.50% | +6.41% |
| Standard deviation | 0.19% | 0.18% |
| Sharpe ratio | 6.50 | 6.48 |
| Sortino ratio | 18.44 | 20.20 |
| Maximum drawdown | −0.0% (22-10-2026) | −0.0% (07-07-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Edelweiss Liquid Fund (Direct) | TRUSTMF Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.96% | +6.84% |
| Standard deviation | 0.15% | 0.15% |
| Sharpe ratio | 6.45 | 5.28 |
| Sortino ratio | 18.56 | 16.44 |
| Maximum drawdown | −0.0% (22-10-2026) | −0.0% (07-07-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Edelweiss Liquid Fund (Direct) | TRUSTMF Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.45% | +6.37% |
| Standard deviation | 0.14% | 0.16% |
| Sharpe ratio | 4.69 | 3.64 |
| Sortino ratio | 9.82 | 9.02 |
| Maximum drawdown | −0.1% (05-05-2022) | −0.0% (04-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Edelweiss Liquid Fund (Direct) | TRUSTMF Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.16% | +6.08% |
| Standard deviation | 0.19% | 0.16% |
| Sharpe ratio | 4.14 | 3.30 |
| Sortino ratio | 10.03 | 7.66 |
| Maximum drawdown | −0.1% (24-03-2020) | −0.0% (04-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 28-11-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Edelweiss Liquid Fund (Direct)
TRUSTMF Liquid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Liquid Fund (Direct) | −0.1% | 03-05-2022 | 05-05-2022 | 12-05-2022 | 7 days | 0.0% |
| TRUSTMF Liquid Fund (Direct) | −0.0% | 03-05-2022 | 04-05-2022 | 06-05-2022 | 2 days | 0.0% |
From daily values since 25-04-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Liquid Fund (Direct)
TRUSTMF Liquid Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Liquid Fund (Direct)
TRUSTMF Liquid Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Liquid Fund (Direct)
TRUSTMF Liquid Fund (Direct)
Edelweiss Liquid vs TRUSTMF Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Liquid Fund, September 2026; TRUSTMF Liquid Fund, September 2026
Holdings in common
- Overlap
- 14.8%
- Held by both
- 9
- Only in Edelweiss Liquid
- 75
- Only in TRUSTMF Liquid
- 20
| Security | % of Edelweiss Liquid | % of TRUSTMF Liquid |
|---|---|---|
| 91 DAYS TBILL RED 29-10-2026 | 3.56% | 3.33% |
| BANK OF BARODA CD RED 11-11-26 | 2.54% | 3.32% |
| NABARD CP RED 09-11-2026 | 2.54% | 6.64% |
| CANARA BANK CD RED 04-12-2026 | 2.53% | 6.61% |
| 91 DAYS TBILL RED 27-11-2026 | 1.69% | 3.98% |
| BANK OF BARODA CD RED 25-11-2026 | 0.84% | 5.96% |
| AXIS BANK LTD CD RED 16-12-26 | 1.05% | 0.66% |
| AXIS SECURITIES LTD. CP RED 02-12-2026 | 0.42% | 2.64% |
| SBI CDMDF--A2 | 0.27% | 0.28% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.8% means 14.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Edelweiss Liquid Fund
| Security | % of fund |
|---|---|
| 91 DAYS TBILL RED 10-12-2026 | 6.32% |
| CANARA BANK CD RED 18-12-2026 | 4.83% |
| BANK OF INDIA CD RED 03-12-2026 | 4.21% |
| SIDBI CP RED 02-12-2026 | 2.95% |
| HDFC BANK CD RED 14-12-2026 | 2.73% |
Largest holdings only in TRUSTMF Liquid Fund
| Security | % of fund |
|---|---|
| 364 Days Tbill (MD 19/11/2026) | 13.27% |
| Axis Bank Limited (15/10/2026) | 6.67% |
| Aditya Birla Money Limited (23/10/2026) | 6.66% |
| Canara Bank (18/11/2026) | 6.63% |
| HDFC Bank Limited (13/11/2026) | 6.63% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Liquid | TRUSTMF Liquid |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 111.4% | 117.4% |
| Cash and others | -11.4% | -17.4% |
Edelweiss Liquid vs TRUSTMF Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Liquid Fund | TRUSTMF Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.10% | 0.10% |
| Base expense ratio (Direct) | 0.09% | 0.09% |
| Total expense ratio (Regular) | 0.17% | 0.25% |
| Base expense ratio (Regular) | 0.15% | 0.22% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Edelweiss Liquid with
Edelweiss Liquid Fund vs TRUSTMF Liquid Fund: Frequently Asked Questions
What is the difference between Edelweiss Liquid Fund and TRUSTMF Liquid Fund?
Both are Liquid funds, run by Edelweiss Mutual Fund and Trust Mutual Fund. Their portfolios overlap 14.8%. Edelweiss Liquid Fund charges 0.10% a year and TRUSTMF Liquid Fund 0.10%.
Which has given higher returns, Edelweiss Liquid Fund or TRUSTMF Liquid Fund?
Over 1 year: Edelweiss Liquid Fund +6.50%, TRUSTMF Liquid Fund +6.41%. Over 3 years: Edelweiss Liquid Fund +6.96% a year, TRUSTMF Liquid Fund +6.84% a year. Over 5 years: Edelweiss Liquid Fund +6.45% a year, TRUSTMF Liquid Fund +6.37% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Liquid Fund or TRUSTMF Liquid Fund?
Both charge 0.10% a year.
How much do Edelweiss Liquid Fund and TRUSTMF Liquid Fund overlap?
14.8%. They hold 9 of the same securities, the largest shared ones being 91 DAYS TBILL RED 29-10-2026, BANK OF BARODA CD RED 11-11-26, NABARD CP RED 09-11-2026. From each fund's latest monthly portfolio.
Which is better for SIP, Edelweiss Liquid Fund or TRUSTMF Liquid Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,25,642 in Edelweiss Liquid Fund (XIRR 6.8% a year) and ₹7,23,889 in TRUSTMF Liquid Fund (XIRR 6.7% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Liquid Fund and TRUSTMF Liquid Fund?
Yes. 14.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.