TRUSTMF Money Market Fund

Money MarketDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

TRUSTMF Money Market Fund is a Money Market fund run by Trust Mutual Fund. On 30-09-2026, it managed ₹248 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.1% a year and its Regular plan returned 6.8% a year.

NAV (Direct plan): ₹1,331.33; ▲ 0.02%30-10-2026
NAV (Regular plan): ₹1,319.38; ▲ 0.01%30-10-2026
Expense ratio: 0.16%Direct0.45%Regular; 0.16%; A year
Riskometer: Not available; Set by the fund house
3 year return: 7.1%Direct6.8%Regular; 7.1%; A year

TRUSTMF Money Market Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹1,331.33 (up 0.02% that day); Regular Plan Growth ₹1,319.38 (up 0.01% that day).

This fund (Direct plan)

₹1,331.3321

TRUSTMF Money Market Fund Returns vs Money Market Funds

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)	+0.35%	+1.52%	+3.31%	+6.32%	+7.10%	--	--
This fund (Regular)	+0.33%	+1.44%	+3.15%	+6.00%	+6.84%	--	--
Money Market average	+0.33%	+1.49%	+3.29%	+6.35%	+7.24%	--	--
Best in Money Market	+0.38%	+1.57%	+3.37%	+6.57%	+7.44%	--	--
Worst in Money Market	+0.30%	+1.41%	+3.11%	+6.17%	+6.73%	--	--
Rank in Money Market	3/27	4/27	9/27	16/25	22/23	--	--

Category rows compare the Direct plans of 27 Money Market funds. Rank 1 is the highest return. The fund house names no benchmark we can show, so the category average is the comparison.

TRUSTMF Money Market Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+5.26%	+5.00%
2025	+7.24%	+6.92%
2024	+7.58%	+7.42%
2023	+7.16%	+7.00%

TRUSTMF Money Market 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 3-year holding period, plotted on the day it ended. There are 290 periods, one for each trading day from 18-08-2025 to 30-10-2026.

0%2%4%6%8%

Sept 2022
to
Sept 2025Dec 2022
to
Dec 2025Feb 2023
to
Feb 2026May 2023
to
May 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 2026

TRUSTMF Money Market Fund (Direct)Category average, 27 Money Market funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	773	7.3%	5.9%	8.2%	0%	7.5%	0%
2 years	534	7.4%	6.9%	7.7%	0%	7.5%	0%
3 years	290	7.2%	7.0%	7.4%	0%	7.4%	0%

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	39	7.2%	5.6%	8.3%	0%	7.4%	3%
2 years	27	7.4%	6.5%	7.9%	0%	7.5%	0%

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 category" counts the periods in which the fund did better than the average of the 27 Money Market funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

TRUSTMF Money Market Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	TRUSTMF Money Market Fund (Direct)This fund	Category average
Return (CAGR)	+6.32%	+6.32%
Standard deviation	0.46%	0.50%
Sharpe ratio	2.35	2.14
Sortino ratio	3.93	3.45
Maximum drawdown	−0.12% (08-07-2026)	−0.14% (22-05-2026)

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.

Measure	TRUSTMF Money Market Fund (Direct)This fund	Category average
Return (CAGR)	+7.10%	+7.23%
Standard deviation	0.38%	0.41%
Sharpe ratio	2.80	2.91
Sortino ratio	5.29	5.45
Maximum drawdown	−0.12% (08-07-2026)	−0.14% (22-05-2026)

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.

Measure	TRUSTMF Money Market Fund (Direct)This fund	Category average
Return (CAGR)	+7.02%	+7.14%
Standard deviation	0.36%	0.39%
Sharpe ratio	2.39	2.55
Sortino ratio	4.57	4.84
Maximum drawdown	−0.12% (08-07-2026)	−0.14% (22-05-2026)

From daily NAVs, 18-08-2022 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.

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.

−0.2%−0.1%0%

2023202420252026

TRUSTMF Money Market Fund (Direct)Category average, 27 Money Market funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
TRUSTMF Money Market Fund (Direct)	−0.12%	06-07-2026	08-07-2026	17-07-2026	9 days	0.0%
Category average	−0.14%	11-05-2026	22-05-2026	31-05-2026	9 days	0.0%

From the Direct plan's daily NAV since 18-08-2022, adjusted for unit splits, and the average of the 27 Money Market funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

TRUSTMF Money Market Fund vs Other Money Market Funds

The five Money Market funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Tata Money Market Fund	1/23	31,690	0.18%	+6.45%	+7.44%	--	--	3.36	6.53	Compare
Axis Money Market Fund	2/23	19,012	0.18%	+6.43%	+7.37%	--	--	3.20	6.13	Compare
Bandhan Money Market Fund	3/23	13,129	0.11%	+6.46%	+7.34%	--	--	3.16	5.98	Compare
Aditya Birla Sun Life Money Market Fund	4/23	26,943	0.22%	+6.36%	+7.33%	--	--	3.05	5.61	Compare
Franklin India Money Market Fund	4/23	3,887	0.14%	+6.43%	+7.33%	--	--	3.12	5.97	Compare
TRUSTMF Money Market Fund	22/23	248	0.16%	+6.32%	+7.10%	--	--	2.80	5.29

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 Money Market Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Money Market median	Cost rank (1 = cheapest)
Direct	0.14%	0.00%	0.00%	0.02%	0.16%	0.17%	8/27
Regular	0.40%	0.00%	0.00%	0.05%	0.45%	0.40%	21/27

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 Money Market 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	6.00%	6.32%	0.32%	₹1,06,000	₹1,06,320
3 years	6.84%	7.10%	0.26% a year	₹1,21,956	₹1,22,848

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 Money Market 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 18-08-2022 to 30-10-2026: 51 instalments, ₹5,10,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planTRUSTMF Money Market Fund (Direct)	₹5,10,000	₹5,91,837	₹81,837	7.0%
Regular planTRUSTMF Money Market Fund (Regular)	₹5,10,000	₹5,88,516	₹78,516	6.7%
Category averageCategory average, 27 Money Market funds	₹5,10,000	₹5,93,309	₹83,309	7.1%

₹0₹2.0 L₹4.0 L₹6.0 L

2023202420252026

Direct planTRUSTMF Money Market Fund (Direct)Regular planTRUSTMF Money Market Fund (Regular)Category averageCategory average, 27 Money Market fundsAmount invested

From each plan's published NAV (Growth option) 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 Money Market Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

91.5%Debt

Asset	Fund	Category
Debt	91.5%	99.5%
Cash and others	8.5%	3.0%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 27 Money Market funds.

Rating	Fund	Category
Sovereign	6.8%	10.6%
AAA and A1+	84.8%	88.8%

TRUSTMF Money Market Fund Portfolio Holdings

As on 30-09-2026 · 22 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
Export Import Bank of India (11/11/2026) · Certificate of deposit	CRISIL A1+	10.02%
Aditya Birla Capital Limited (29/12/2026) · Commercial paper	ICRA A1+	9.92%
Axis Bank Limited (16/12/2026)	CRISIL A1+	7.97%
Indian Bank (21/06/2027) · Certificate of deposit	CRISIL A1+	7.67%
Punjab National Bank (09/02/2027) · Certificate of deposit	CRISIL A1+	5.91%
Kotak Securities Limited (23/02/2027) · Commercial paper	CRISIL A1+	5.88%
Small Industries Dev Bank of India (14/01/2027) · Certificate of deposit	CRISIL A1+	3.96%
Bank of Baroda (02/02/2027) · Certificate of deposit	CARE A1+	3.95%
Kotak Mahindra Bank Limited (04/02/2027)	CRISIL A1+	3.95%
ICICI Bank Limited (12/02/2027)	ICRA A1+	3.94%
National Bank For Agriculture and Rural Development (17/02/2027) · Certificate of deposit	CRISIL A1+	3.93%
Canara Bank (26/02/2027) · Certificate of deposit	CRISIL A1+	3.93%
HDFC Bank Limited (12/03/2027) · Certificate of deposit	CARE A1+	3.92%
Union Bank of India (15/03/2027) · Certificate of deposit	ICRA A1+	3.92%
Bajaj Finance Limited (19/03/2027) · Commercial paper	ICRA A1+	3.90%
364 Days Tbill (MD 06/11/2026) · Treasury bill	Sovereign	2.01%
Bank of Baroda (25/11/2026) · Certificate of deposit	IND A1+	2.00%
182 Days Tbill (MD 24/12/2026) · Treasury bill	Sovereign	1.99%
364 Days Tbill (MD 25/02/2027) · Treasury bill	Sovereign	1.97%
364 Days Tbill (MD 04/03/2027) · Treasury bill	Sovereign	0.59%
Corporate Debt Market Development Fund		0.22%
91 Days Tbill (MD 08/10/2026) · Treasury bill	Sovereign	0.20%

TRUSTMF Money Market Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
WhiteOak Capital Ultra Short Term FundUltra Short · WhiteOak Capital	12.4%	4	Compare
Axis Money Market FundMoney Market · Axis	12.3%	11	Compare
SBI Floating Interest Rates FundFloater · SBI	11.5%	3	Compare
LIC MF Ultra Short Term FundUltra Short · LIC	10.9%	5	Compare

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 Money Market Fund Overview

Fund facts from the scheme summary document

Expense ratio (Direct): 0.16%
Expense ratio (Regular): 0.45%
Category: Money Market
Risk: Not available
Benchmark: Not available
Launch date: Not available
Minimum investment: Not available
Minimum additional investment: Not available
AUM: ₹247.76 Cr (30-09-2026)
Lock in: Not available
Scheme code (Direct): 150513
ISIN (Direct): INF0GCD01503
Scheme code (Regular): 150511
ISIN (Regular): INF0GCD01479
NAV history: From 18-08-2022, 4.2 years

Exit load: Not available

Tax on TRUSTMF Money Market Fund returns

TRUSTMF Money Market Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
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	₹1,331.3321	30-10-2026
direct	Monthly IDCW	₹1,170.6986	30-10-2026
regular	Growth	₹1,319.3781	30-10-2026
regular	Monthly IDCW	₹1,159.6425	30-10-2026

About TRUSTMF Money Market Fund

TRUSTMF Money Market Fund is a mutual fund from Trust Mutual Fund. Its category is Money Market. At the end of September 2026 it held 22 securities.

Fund Manager

Not available

See all funds of Trust Mutual Fund

AUM change

September 2026: ₹247.76 Cr; +50.63% from August 2026
August 2026: ₹164.48 Cr; +13.76% from July 2026
July 2026: ₹144.59 Cr; −0.03% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare TRUSTMF Money Market Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

TRUSTMF Money Market vs Tata Money MarketMoney Market
TRUSTMF Money Market vs Axis Money Market12.3% overlap
TRUSTMF Money Market vs Bandhan Money MarketMoney Market
TRUSTMF Money Market vs Aditya Birla Sun Life Money MarketMoney Market
TRUSTMF Money Market vs Franklin India Money MarketMoney Market
TRUSTMF Money Market vs WhiteOak Capital Ultra Short Term12.4% overlap
TRUSTMF Money Market vs SBI Floating Interest Rates11.5% overlap
TRUSTMF Money Market vs LIC MF Ultra Short Term10.9% overlap

Compare with any other fund

Frequently Asked Questions for TRUSTMF Money Market Fund

What is the current NAV of TRUSTMF Money Market Fund?

The Direct plan NAV is ₹1,331.3321. The Regular plan NAV is ₹1,319.3781, as on 30-10-2026.

What are the returns of TRUSTMF Money Market Fund?

The Direct plan returned +6.32% in 1 year, +7.10% a year over 3 years. The Regular plan returned +6.00% in 1 year, +6.84% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of TRUSTMF Money Market Fund?

The Direct plan charges 0.16% a year. The Regular plan charges 0.45% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of TRUSTMF Money Market Fund?

TRUSTMF Money Market Fund managed ₹247.76 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of TRUSTMF Money Market Fund?

At the end of September 2026 the largest holdings were Export Import Bank of India (11/11/2026) (10.02%), Aditya Birla Capital Limited (29/12/2026) (9.92%), Axis Bank Limited (16/12/2026) (7.97%), Indian Bank (21/06/2027) (7.67%), Punjab National Bank (09/02/2027) (5.91%). The fund held 22 securities in all.

How do I invest in TRUSTMF Money Market 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. You can invest once or through a monthly SIP.

How does TRUSTMF Money Market Fund rank in its category?

The Direct plan ranks 22 of 23 Money Market funds by its 3 year return. The category average is +7.24% a year.

What is the difference between the Direct and Regular plan of TRUSTMF Money Market Fund?

Both plans hold the same investments. The Regular plan pays a commission to the distributor who sold it, so it charges more. The Direct plan charges 0.16% a year and the Regular plan 0.45%. The lower charge is why the Direct plan's NAV is higher.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its 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.