TRUSTMF Flexi Cap Fund vs TRUSTMF Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
TRUSTMF Flexi Cap Fund is a Flexi Cap fund and TRUSTMF Mid Cap Fund is a Mid Cap fund. TRUSTMF Flexi Cap Fund charges 1.74% a year and TRUSTMF Mid Cap Fund 1.91% (Direct plans). Their portfolios overlap 39.5%: they hold 35 of the same securities.
Which is better, TRUSTMF Flexi Cap or TRUSTMF Mid Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- TRUSTMF Flexi Cap costs less: 1.74% a year against 1.91% (Direct plans).
- TRUSTMF Flexi Cap fell less in its worst fall since 24-03-2026: −8.7% against −12.0%.
- TRUSTMF Flexi Cap holds more in large companies: 48.2% of the fund in large caps against 5.2%.
- TRUSTMF Flexi Cap is the larger fund: ₹1,006 Cr against ₹687 Cr.
- Their portfolios overlap 39.5%: 35 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 | TRUSTMF Flexi Cap Fund | TRUSTMF Mid Cap Fund |
|---|---|---|
| Fund house | Trust Mutual Fund | Trust Mutual Fund |
| Category | Flexi Cap | Mid Cap |
| AUM | ₹1,006 Cr (30-09-2026) | ₹687 Cr (30-09-2026) |
| NAV | ₹12.34 (Direct) | ₹11.46 (Direct) |
| Expense ratio (Direct) | 1.74% | 1.91% |
| Expense ratio (Regular) | 3.19% | 3.55% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Not available |
| Launch date | 26-04-2024 | Not available |
| Minimum investment | ₹1,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Mihir Vora, Aakash Manghani | Not available |
| Exit load | 1% - If redeemed/switched out within 180 days from the date of allotment. Nil - if redeemed/switched out after 180 days from the date of allotment. | Not available |
TRUSTMF Flexi Cap vs TRUSTMF Mid Cap: 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 |
|---|---|---|---|---|---|---|---|
| TRUSTMF Flexi Cap Fund (Direct) | −0.96% | −0.24% | +7.40% | +3.61% | -- | -- | -- |
| TRUSTMF Mid Cap Fund (Direct) | −2.72% | −3.54% | +6.80% | -- | -- | -- | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | -- | -- | -- |
| Mid Cap average | −3.36% | −6.03% | −0.14% | -- | -- | -- | -- |
Category average: the average of the 46 Flexi Cap funds and the 34 Mid Cap funds, same plan type.
TRUSTMF Flexi Cap vs TRUSTMF Mid Cap: Year-wise Returns
| Year | FlexiTRUSTMF Flexi Cap | MidTRUSTMF Mid Cap |
|---|---|---|
| 2026to date | +3.78% | -- |
| 2025 | −2.46% | -- |
TRUSTMF Flexi Cap vs TRUSTMF Mid Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of TRUSTMF Flexi Cap Fund
TRUSTMF Flexi Cap vs TRUSTMF Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | TRUSTMF Flexi Cap Fund (Direct) | TRUSTMF Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.68% | +25.18% |
| Standard deviation | 15.77% | 14.73% |
| Sharpe ratio | 0.18 | 1.35 |
| Sortino ratio | 0.24 | 1.89 |
| Maximum drawdown | −18.9% (07-04-2025) | −12.0% (23-10-2026) |
| Beta | 1.01 | 0.85 |
| Alpha | +5.95% | +15.71% |
From daily NAVs, 29-04-2024 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.
TRUSTMF Flexi Cap Fund (Direct)
TRUSTMF Mid Cap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| TRUSTMF Flexi Cap Fund (Direct) | −8.7% | 26-08-2026 | 23-10-2026 | Not yet | -- | −5.8% |
| TRUSTMF Mid Cap Fund (Direct) | −12.0% | 26-08-2026 | 23-10-2026 | Not yet | -- | −8.8% |
| Nifty 500 TRI | −9.9% | 03-08-2026 | 23-10-2026 | Not yet | -- | −7.9% |
From daily values since 24-03-2026, the first day every fund has.
TRUSTMF Flexi Cap vs TRUSTMF Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: TRUSTMF Flexi Cap Fund, September 2026; TRUSTMF Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 39.5%
- Held by both
- 35
- Only in TRUSTMF Flexi Cap
- 24
- Only in TRUSTMF Mid Cap
- 29
| Security | % of TRUSTMF Flexi Cap | % of TRUSTMF Mid Cap |
|---|---|---|
| Lenskart Solutions Limited | 2.37% | 3.20% |
| Dixon Technologies (India) Limited | 2.28% | 3.57% |
| Multi Commodity Exchange of India Limited | 1.98% | 4.01% |
| Aurobindo Pharma Limited | 1.54% | 2.99% |
| Eternal Limited | 3.53% | 1.47% |
| Kalyan Jewellers India Limited | 1.44% | 2.54% |
| Jyoti CNC Automation Ltd | 1.37% | 1.67% |
| Laurus Labs Limited | 1.35% | 2.71% |
| Hindustan Aeronautics Limited | 1.41% | 1.33% |
| Radico Khaitan Limited | 1.25% | 2.90% |
| RBL Bank Limited | 1.31% | 1.24% |
| Clean Max Enviro Energy Solutions Limited | 1.51% | 1.23% |
| The Federal Bank Limited | 1.22% | 2.29% |
| Hindustan Copper Limited | 1.22% | 1.78% |
| Data Patterns (India) Limited | 1.20% | 1.55% |
| Paras Defence and Space Technologies Limited | 1.11% | 1.22% |
| Sky Gold And Diamonds Limited | 1.31% | 1.10% |
| Samvardhana Motherson International Limited | 1.68% | 1.09% |
| JSW Infrastructure Ltd | 1.13% | 1.09% |
| One 97 Communications Limited | 1.02% | 2.19% |
| Info Edge (India) Limited | 0.98% | 1.58% |
| National Aluminium Company Limited | 0.98% | 1.42% |
| Bharat Heavy Electricals Limited | 0.97% | 1.33% |
| Zen Technologies Limited | 1.03% | 0.96% |
| Motilal Oswal Financial Services Limited | 0.90% | 1.66% |
| Honasa Consumer Limited | 0.97% | 0.82% |
| Senores Pharmaceuticals Limited | 0.81% | 1.16% |
| Navin Fluorine International Limited | 1.15% | 0.74% |
| Shaily Engineering Plastics Limited | 1.03% | 0.74% |
| Onesource Specialty Pharma Limited | 0.91% | 0.74% |
| Ideaforge Technology Limited | 0.74% | 0.84% |
| Gaja Alternative Asset Management Ltd | 1.33% | 0.71% |
| Diamond Power Infra Limited | 0.92% | 0.55% |
| Sterlite Technologies Limited | 0.60% | 0.52% |
| Cemindia Projects Ltd | 0.47% | 0.85% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.5% means 39.5% 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 TRUSTMF Flexi Cap Fund
| Security | % of fund |
|---|---|
| ICICI Bank Limited | 6.17% |
| Bharti Airtel Limited | 3.56% |
| Titan Company Limited | 3.27% |
| Kotak Mahindra Bank Limited | 3.10% |
| Bajaj Finance Limited | 2.44% |
Largest holdings only in TRUSTMF Mid Cap Fund
| Security | % of fund |
|---|---|
| The Phoenix Mills Limited | 2.48% |
| Swiggy Limited | 2.25% |
| AU Small Finance Bank Limited | 2.21% |
| ITC Hotels Limited | 2.18% |
| The Indian Hotels Company Limited | 2.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | TRUSTMF Flexi Cap | TRUSTMF Mid Cap |
|---|---|---|
| Equity | 92.3% | 94.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 7.7% | 5.8% |
Market cap of stocks
| Market cap | TRUSTMF Flexi Cap | TRUSTMF Mid Cap |
|---|---|---|
| Large Cap | 48.2% | 5.2% |
| Mid Cap | 19.7% | 66.4% |
| Small Cap | 19.1% | 19.9% |
| Not on AMFI's list | 5.3% | 2.7% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | TRUSTMF Flexi Cap | TRUSTMF Mid Cap |
|---|---|---|
| Banks | 17.3% | 6.6% |
| Retailing | 6.9% | 10.2% |
| Consumer Durables | 9.3% | 8.0% |
| Pharmaceuticals & Biotechnology | 5.6% | 8.4% |
| Aerospace & Defense | 8.0% | 5.9% |
| Capital Markets | 4.2% | 6.4% |
| Finance | 6.3% | 3.0% |
| Non - Ferrous Metals | 5.6% | 3.2% |
The six largest sectors of each fund's stocks, % of the fund.
TRUSTMF Flexi Cap vs TRUSTMF Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | TRUSTMF Flexi Cap Fund | TRUSTMF Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.74% | 1.91% |
| Base expense ratio (Direct) | 0.64% | 0.57% |
| Total expense ratio (Regular) | 3.19% | 3.55% |
| Base expense ratio (Regular) | 1.91% | 2.04% |
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 TRUSTMF Flexi Cap with
TRUSTMF Flexi Cap Fund vs TRUSTMF Mid Cap Fund: Frequently Asked Questions
What is the difference between TRUSTMF Flexi Cap Fund and TRUSTMF Mid Cap Fund?
TRUSTMF Flexi Cap Fund is a Flexi Cap fund, TRUSTMF Mid Cap Fund is a Mid Cap fund, run by Trust Mutual Fund. Their portfolios overlap 39.5%. TRUSTMF Flexi Cap Fund charges 1.74% a year and TRUSTMF Mid Cap Fund 1.91%.
Which has the lower expense ratio, TRUSTMF Flexi Cap Fund or TRUSTMF Mid Cap Fund?
TRUSTMF Flexi Cap Fund charges less: 1.74% a year against 1.91%. These are the Direct plans' total expense ratios reported to AMFI.
How much do TRUSTMF Flexi Cap Fund and TRUSTMF Mid Cap Fund overlap?
39.5%. They hold 35 of the same securities, the largest shared ones being LENSKART, DIXON, MCX. From each fund's latest monthly portfolio.
Can I invest in both TRUSTMF Flexi Cap Fund and TRUSTMF Mid Cap Fund?
Yes. 39.5% 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.