TRUSTMF Flexi Cap Fund is a Flexi Cap fund run by Trust Mutual Fund. On 30-09-2026, it managed ₹1,006 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned 3.6% and its Regular plan returned 2.0%. Its benchmark, Nifty 500 TRI, returned −7.3% over the same year.
NAV (Direct plan)
₹12.34
▼ 0.40% · 30-10-2026
NAV (Regular plan)
₹11.84
▼ 0.42% · 30-10-2026
Expense ratio
1.74%Direct3.19%Regular
1.74%
A year
Riskometer
Very High
Set by the fund house
1 year return
3.6%Direct2.0%Regular
3.6%
Total
TRUSTMF Flexi Cap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹12.34 (down 0.40% that day); Regular Plan Growth ₹11.84 (down 0.42% that day).
This fund (Direct plan)
₹12.34
TRUSTMF Flexi Cap Fund Returns vs Nifty 500 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.96%
−0.24%
+7.40%
+3.61%
--
--
--
This fund (Regular)
−1.09%
−0.59%
+6.67%
+1.98%
--
--
--
Nifty 500 TRI
−0.75%
−6.05%
−2.83%
−7.34%
+10.22%
+8.81%
+12.51%
Flexi Cap average
−1.62%
−4.17%
+1.00%
−3.58%
--
--
--
Best in Flexi Cap
+0.85%
−0.17%
+8.85%
+6.40%
--
--
--
Worst in Flexi Cap
−6.55%
−8.89%
−7.46%
−10.21%
--
--
--
Rank in Flexi Cap
18/46
2/44
2/44
2/42
--
--
--
Category rows compare the Direct plans of 46 Flexi Cap funds. Rank 1 is the highest return.
TRUSTMF Flexi Cap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty 500 TRI
2026to date
+3.78%
+2.51%
−7.51%
2025
−2.46%
−4.15%
+7.76%
TRUSTMF Flexi Cap Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 372 periods, one for each trading day from 29-04-2025 to 30-10-2026.
−10%−5%0%5%10%15%20%
TRUSTMF Flexi Cap Fund (Direct)
Nifty 500 TRI
Jun 2024 to Jun 2025Sept 2024 to Sept 2025Dec 2024 to Dec 2025Mar 2025 to Mar 2026Jun 2025 to Jun 2026Sept 2025 to Sept 2026
TRUSTMF Flexi Cap Fund (Direct)Nifty 500 TRI
18%
28%
Below 0%
37%
32%
0-5%
29%
31%
5-10%
15%
7%
10-15%
1%
2%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
372
4.3%
−6.0%
17.7%
18%
3.1%
66%
2 years
125
5.1%
1.4%
9.4%
0%
1.5%
100%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty 500 TRI over the same days. Past returns do not promise future returns.
TRUSTMF Flexi Cap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
TRUSTMF Flexi Cap Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+3.61%
−7.34%
Standard deviation
14.62%
14.48%
Sharpe ratio
-0.11
-0.87
Sortino ratio
-0.15
-1.16
Maximum drawdown
−13.8%
(30-03-2026)
−14.7%
(30-03-2026)
Beta
0.95
1.00
Alpha
+10.38%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
TRUSTMF Flexi Cap Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+8.68%
+2.76%
Standard deviation
15.77%
14.76%
Sharpe ratio
0.18
-0.21
Sortino ratio
0.24
-0.28
Maximum drawdown
−18.9%
(07-04-2025)
−18.6%
(28-02-2025)
Beta
1.01
1.00
Alpha
+5.95%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−20%−15%−10%−5%0%
TRUSTMF Flexi Cap Fund (Direct)
Nifty 500 TRI
20252026
TRUSTMF Flexi Cap Fund (Direct)Nifty 500 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
TRUSTMF Flexi Cap Fund (Direct)
−18.9%
16-12-2024
07-04-2025
31-07-2026
16 months
−5.8%
Nifty 500 TRI
−18.6%
26-09-2024
28-02-2025
Not yet
--
−8.8%
From the Direct plan's daily NAV since 29-04-2024, adjusted for unit splits, and Nifty 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
TRUSTMF Flexi Cap Fund vs Other Flexi Cap Funds
The five Flexi Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
TRUSTMF Flexi Cap Fund Expense Ratio and Costs
What each plan charges a year, in force from 22-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Flexi Cap median
Cost rank (1 = cheapest)
Direct
0.64%
0.32%
0.01%
0.77%
1.74%
0.96%
41/46
Regular
1.91%
0.32%
0.01%
0.95%
3.19%
2.19%
43/46
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Flexi Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
1.98%
3.61%
1.63%
₹1,01,980
₹1,03,610
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
TRUSTMF Flexi Cap Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 29-04-2024 to 30-10-2026: 31 instalments, ₹3,10,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planTRUSTMF Flexi Cap Fund (Direct)
₹3,10,000
₹3,34,303
₹24,303
5.8%
Regular planTRUSTMF Flexi Cap Fund (Regular)
₹3,10,000
₹3,27,236
₹17,236
4.1%
Nifty 500 TRI
₹3,10,000
₹3,04,813
−₹5,187
−1.3%
Category averageCategory average, 46 Flexi Cap funds
₹3,10,000
₹3,17,519
₹7,519
1.8%
₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L
Direct planTRUSTMF Flexi Cap Fund (Direct)
Regular planTRUSTMF Flexi Cap Fund (Regular)
Nifty 500 TRI
Category averageCategory average, 46 Flexi Cap funds
Amount invested
20252026
Direct planTRUSTMF Flexi Cap Fund (Direct)Regular planTRUSTMF Flexi Cap Fund (Regular)Nifty 500 TRICategory averageCategory average, 46 Flexi Cap fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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.
TRUSTMF Flexi Cap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
92.3%Equity
Asset
Fund
Category
Equity
92.3%
94.3%
Cash and others
7.7%
4.6%
Market cap of stocks
Market cap
Fund
Category
Large Cap
48.2%
51.2%
Mid Cap
19.7%
19.0%
Small Cap
19.1%
21.9%
Not on AMFI's list
5.3%
1.9%
Share of the whole fund. Category: the average of the Flexi Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
TRUSTMF Flexi Cap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks17.3%
Consumer Durables9.3%
Aerospace & Defense8.0%
Retailing6.9%
Finance6.3%
Non - Ferrous Metals5.6%
Pharmaceuticals & Biotechnology5.6%
Capital Markets4.2%
Telecom - Services3.6%
Construction2.7%
The ten largest of 26 sectors. The other 16 add up to 22.8%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
13.6%
13.6%
17.3%
+3.7%
Consumer Durables
9.1%
9.8%
9.3%
+0.2%
Aerospace & Defense
6.4%
5.6%
8.0%
+1.6%
Retailing
6.3%
6.8%
6.9%
+0.6%
Finance
9.8%
9.4%
6.3%
−3.5%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
TRUSTMF Flexi Cap Fund Portfolio Holdings
As on 30-09-2026 · 59 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
ICICI Bank Limited
Banks
6.17%
+12.4%
Bharti Airtel Limited
Telecom - Services
3.56%
+25.9%
Eternal Limited
Retailing
3.53%
+6.1%
Titan Company Limited
Consumer Durables
3.27%
0.0%
Kotak Mahindra Bank Limited
Banks
3.10%
+85.3%
Bajaj Finance Limited
Finance
2.44%
−8.8%
Lenskart Solutions Limited
Retailing
2.37%
−10.1%
Dixon Technologies (India) Limited
Consumer Durables
2.28%
+14.0%
Milky Mist Dairy Food Limited
Food Products
2.27%
0.0%
Larsen & Toubro Limited
Construction
2.24%
0.0%
Shriram Finance Limited
Finance
2.18%
−30.3%
State Bank of India
Banks
2.03%
0.0%
Multi Commodity Exchange of India Limited
Capital Markets
1.98%
+11.5%
Axis Bank Limited
Banks
1.98%
New
Coal India Limited
Consumable Fuels
1.72%
New
Augmont Enterprises Limited
Non - Ferrous Metals
1.71%
+23.7%
Hindustan Zinc Limited
Non - Ferrous Metals
1.70%
0.0%
Samvardhana Motherson International Limited
Auto Components
1.68%
+66.5%
Muthoot Finance Limited
Finance
1.68%
−22.4%
Apollo Hospitals Enterprise Limited
Healthcare Services
1.60%
+71.1%
Aurobindo Pharma Limited
Pharmaceuticals & Biotechnology
1.54%
0.0%
HDFC Bank Limited
Banks
1.52%
0.0%
Clean Max Enviro Energy Solutions Limited
Power
1.51%
0.0%
Kalyan Jewellers India Limited
Consumer Durables
1.44%
0.0%
Hindustan Aeronautics Limited
Aerospace & Defense
1.41%
New
Bharat Electronics Limited
Aerospace & Defense
1.40%
+55.3%
Jyoti CNC Automation Ltd
Industrial Manufacturing
1.37%
New
Laurus Labs Limited
Pharmaceuticals & Biotechnology
1.35%
−19.8%
Gaja Alternative Asset Management Ltd
Capital Markets
1.33%
0.0%
Sky Gold And Diamonds Limited
Consumer Durables
1.31%
0.0%
RBL Bank Limited
Banks
1.31%
+5.7%
Radico Khaitan Limited
Beverages
1.25%
0.0%
The Federal Bank Limited
Banks
1.22%
0.0%
Hindustan Copper Limited
Non - Ferrous Metals
1.22%
+24.3%
Data Patterns (India) Limited
Aerospace & Defense
1.20%
+31.7%
Navin Fluorine International Limited
Chemicals & Petrochemicals
1.15%
+34.8%
JSW Infrastructure Ltd
Transport Infrastructure
1.13%
0.0%
Paras Defence and Space Technologies Limited
Aerospace & Defense
1.11%
0.0%
Apollo Micro Systems Limited
Aerospace & Defense
1.11%
+57.3%
TVS Motor Company Limited
Automobiles
1.03%
−16.7%
Shaily Engineering Plastics Limited
Consumer Durables
1.03%
−22.4%
Zen Technologies Limited
Aerospace & Defense
1.03%
0.0%
One 97 Communications Limited
Financial Technology (Fintech)
1.02%
−37.4%
Mahindra & Mahindra Limited
Automobiles
1.00%
−16.2%
Tata Motors Ltd
Agricultural, Commercial & Construction Vehicles
0.99%
0.0%
Info Edge (India) Limited
Retailing
0.98%
0.0%
National Aluminium Company Limited
Non - Ferrous Metals
0.98%
0.0%
Bharat Heavy Electricals Limited
Electrical Equipment
0.97%
0.0%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.97%
−6.3%
Honasa Consumer Limited
Personal Products
0.97%
−22.4%
Diamond Power Infra Limited
Electrical Equipment
0.92%
−51.6%
Onesource Specialty Pharma Limited
Pharmaceuticals & Biotechnology
0.91%
−24.6%
Motilal Oswal Financial Services Limited
Capital Markets
0.90%
0.0%
Sansera Engineering Limited
Auto Components
0.83%
−46.0%
Senores Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.81%
0.0%
PhysicsWallah Limited
Other Consumer Services
0.76%
−48.6%
Ideaforge Technology Limited
Aerospace & Defense
0.74%
−3.8%
Sterlite Technologies Limited
Telecom - Equipment & Accessories
0.60%
New
Cemindia Projects Ltd
Construction
0.47%
New
TRUSTMF Flexi Cap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
ICICI Bank Limited
↑Added
+12.4%
6.17%
Bharti Airtel Limited
↑Added
+25.9%
3.56%
Eternal Limited
↑Added
+6.1%
3.53%
Shriram Finance Limited
↓Reduced
−30.3%
2.18%
Kotak Mahindra Bank Limited
↑Added
+85.3%
3.10%
Bajaj Finance Limited
↓Reduced
−8.8%
2.44%
Lenskart Solutions Limited
↓Reduced
−10.1%
2.37%
Dixon Technologies (India) Limited
↑Added
+14.0%
2.28%
Muthoot Finance Limited
↓Reduced
−22.4%
1.68%
Axis Bank Limited
↑New
New
1.98%
Multi Commodity Exchange of India Limited
↑Added
+11.5%
1.98%
Diamond Power Infra Limited
↓Reduced
−51.6%
0.92%
Coal India Limited
↑New
New
1.72%
Augmont Enterprises Limited
↑Added
+23.7%
1.71%
Samvardhana Motherson International Limited
↑Added
+66.5%
1.68%
Apollo Hospitals Enterprise Limited
↑Added
+71.1%
1.60%
One 97 Communications Limited
↓Reduced
−37.4%
1.02%
Laurus Labs Limited
↓Reduced
−19.8%
1.35%
Hitachi Energy India Limited
↓Sold out
−100%
was 1.46%
Hindustan Aeronautics Limited
↑New
New
1.41%
Bharat Electronics Limited
↑Added
+55.3%
1.40%
Jyoti CNC Automation Ltd
↑New
New
1.37%
Shaily Engineering Plastics Limited
↓Reduced
−22.4%
1.03%
Honasa Consumer Limited
↓Reduced
−22.4%
0.97%
PhysicsWallah Limited
↓Reduced
−48.6%
0.76%
Sansera Engineering Limited
↓Reduced
−46.0%
0.83%
RBL Bank Limited
↑Added
+5.7%
1.31%
Mahindra & Mahindra Limited
↓Reduced
−16.2%
1.00%
TVS Motor Company Limited
↓Reduced
−16.7%
1.03%
Hindustan Copper Limited
↑Added
+24.3%
1.22%
Data Patterns (India) Limited
↑Added
+31.7%
1.20%
Nippon Life India Asset Management Limited
↓Sold out
−100%
was 1.17%
Onesource Specialty Pharma Limited
↓Reduced
−24.6%
0.91%
Navin Fluorine International Limited
↑Added
+34.8%
1.15%
Apollo Micro Systems Limited
↑Added
+57.3%
1.11%
Bharat Forge Limited
↓Sold out
−100%
was 1.04%
Divi's Laboratories Limited
↓Reduced
−6.3%
0.97%
Eicher Motors Limited
↓Sold out
−100%
was 0.99%
BSE Limited
↓Sold out
−100%
was 0.97%
Sedemac Mechatronics Limited
↓Sold out
−100%
was 0.96%
Neuland Laboratories Limited
↓Sold out
−100%
was 0.95%
Billionbrains Garage Ventures Ltd
↓Sold out
−100%
was 0.92%
Solar Industries India Limited
↓Sold out
−100%
was 0.92%
Welspun Corp Limited
↓Sold out
−100%
was 0.91%
Infosys Limited
↓Sold out
−100%
was 0.85%
L&T Finance Limited
↓Sold out
−100%
was 0.85%
Aditya Infotech Limited
↓Sold out
−100%
was 0.83%
Ideaforge Technology Limited
↓Reduced
−3.8%
0.74%
Sterlite Technologies Limited
↑New
New
0.60%
Cemindia Projects Ltd
↑New
New
0.47%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
TRUSTMF Flexi Cap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.74%
Expense ratio (Regular)
3.19%
Category
Flexi Cap
Risk
Very High
Benchmark
Nifty 500 TRI
Launch date
26-04-2024
Minimum investment
₹1,000
Minimum additional investment
₹1,000
AUM
₹1,005.65 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
152584
ISIN (Direct)
INF0GCD01743
Scheme code (Regular)
152582
ISIN (Regular)
INF0GCD01719
NAV history
From 29-04-2024, 2.5 years
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.
Tax on TRUSTMF Flexi Cap Fund returns
TRUSTMF Flexi Cap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹12.34
30-10-2026
direct
IDCW
₹12.33
30-10-2026
regular
Growth
₹11.84
30-10-2026
regular
IDCW
₹11.84
30-10-2026
About TRUSTMF Flexi Cap Fund
TRUSTMF Flexi Cap Fund is a mutual fund from Trust Mutual Fund. Its category is Flexi Cap. It was launched on 26-04-2024. Its benchmark is Nifty 500 TRI. At the end of September 2026 it held 59 securities.
Fund Manager
Mihir Vora
Fund manager of TRUSTMF Flexi Cap Fund, since 26-04-2024
Aakash Manghani
Fund manager of TRUSTMF Flexi Cap Fund, since 26-04-2024
Frequently Asked Questions for TRUSTMF Flexi Cap Fund
What is the current NAV of TRUSTMF Flexi Cap Fund?
The Direct plan NAV is ₹12.34. The Regular plan NAV is ₹11.84, as on 30-10-2026.
What are the returns of TRUSTMF Flexi Cap Fund?
The Direct plan returned +3.61% in 1 year. The Regular plan returned +1.98% in 1 year. These figures are as on 30-10-2026.
What is the expense ratio of TRUSTMF Flexi Cap Fund?
The Direct plan charges 1.74% a year. The Regular plan charges 3.19% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.
What is the AUM of TRUSTMF Flexi Cap Fund?
TRUSTMF Flexi Cap Fund managed ₹1,005.65 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of TRUSTMF Flexi Cap Fund?
At the end of September 2026 the largest holdings were ICICIBANK (6.17%), BHARTIARTL (3.56%), ETERNAL (3.53%), TITAN (3.27%), KOTAKBANK (3.10%). The fund held 59 securities in all.
What did TRUSTMF Flexi Cap Fund buy and sell in September 2026?
It bought 6 new stocks: Hindustan Aeronautics Limited, Sterlite Technologies Limited, Axis Bank Limited, Coal India Limited, Cemindia Projects Ltd. It sold out of 13: Infosys Limited, Sedemac Mechatronics Limited, Eicher Motors Limited, Hitachi Energy India Limited, Billionbrains Garage Ventures Ltd. It added shares in 15. It reduced 16.
How do I invest in TRUSTMF Flexi Cap Fund?
Through Trust Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.
Who is the fund manager of TRUSTMF Flexi Cap Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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