NAV history
Scorecard
★★★★★5/5 vs 115 of 126 Liquid Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Liquid Fund (same plan and option). 115 of the 126 Liquid Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +5.72% · ranks 14 of 126 Liquid Funds
Volatility 0.2% vs 1.0% category avg
0.1% expense vs 0.1% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Ahead of the Liquid Fund average on 3M/6M/1Y — 1Y by 4.07pp
- 3-year return (+5.72%) beats the Liquid Fund average (+1.05%)
- 5-year return (+5.07%) beats the Liquid Fund average (+1.02%)
- Ranks #16 of 126 on 1-year return in its Liquid Fund cohort
- Less volatile than its Liquid Fund peers (0.2% vs 1.0%)
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Liquid Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Liquid Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.37% | 0.00% | +0.37% |
| 3M abs | +1.20% | +0.14% | +1.06% |
| 6M abs | +2.38% | +0.26% | +2.12% |
| 1Y CAGR | +4.69% | +0.62% | +4.07% |
| 3Y CAGR | +5.72% | +1.05% | +4.67% |
| 5Y CAGR | +5.07% | +1.02% | +4.05% |
Category average across peers in Liquid Fund (125 of 126 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 126 peers in Liquid Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
52 overlapping 1Y windows, sampled monthly across the fund’s history.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +2.95% | |
| 2025 | +5.30% | |
| 2024 | +6.59% | |
| 2023 | +6.14% | |
| 2022 | +3.46% | |
| 2021part | +1.83% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹957.97Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into TRUSTMF Liquid Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Trust in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Market Guru | Mihir Vora Of TRUST Mutual Fund On Banks, IT & Market Outlook
Business Today · 15d ago
TRUST MF's Mihir Vora Bets On Financials As Q1 Earnings Beat Expectations
NDTV Profit · 22d ago
Think your SIP is on track? You could still end up with only half the money you need
Moneycontrol.com · 28d ago
New fund offers from Abakkus, Trust, Wealth Company and Baroda BNP Paribas open; check details
Upstox · 15 Jul 2026
Small Cap Investing Outlook: Why Mihir Vora Sees Big Long-Term Opportunity? | Market Guru
Business Today · 15 Jul 2026
Moneycontrol Mutual Fund Summit 2026: The pillars of India's next investment decade
Moneycontrol.com · 13 Jul 2026
Trust Mutual Fund bets on capital goods, infra despite rich valuations; cautious on PSU banks, FMCG and...
Moneycontrol.com · 10 Jul 2026
Trust MF opens Large & Mid Cap Fund NFO, aims to blend stability with growth
Cafemutual · 10 Jul 2026
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Liquid funds
Liquid funds invest in very short-term debt (maturing within 91 days). They're used to park money for days or weeks — low risk and easy to redeem, but low return too.
Frequently asked questions
What is the NAV of TRUSTMF Liquid Fund?
As of 20 Aug 2026, the NAV of TRUSTMF Liquid Fund is ₹1,292.61 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has TRUSTMF Liquid Fund delivered?
TRUSTMF Liquid Fund has returned +4.69% over 1 year, +5.72% per year over 3 years, +5.07% per year over 5 years and +4.94% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of TRUSTMF Liquid Fund?
TRUSTMF Liquid Fund charges an expense ratio of 0.10% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of TRUSTMF Liquid Fund?
Its largest holdings are GOVERNMENT OF INDIA 37176 182 DAYS TBILL 03SP26 FV RS 100 (8.4%), CANARA BANK CD 15SEP26 (6.6%), BAJAJ FINANCIAL SECURITIES LIMITED 91D CP 18AUG26 (4.4%), 91 DAYS T-BILL - 24SEP2026 (4.4%) and HDFC BANK LIMITED CD 11SEP26 (4.4%). Holdings are disclosed monthly and change over time.
How risky is TRUSTMF Liquid Fund?
It is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.2% and its worst peak-to-trough fall in our sample was -0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of TRUSTMF Liquid Fund?
TRUSTMF Liquid Fund is benchmarked against the Tier I Benchmark: CRISIL Liquid Debt A-I Index, AMFI prescribed Benchmark. Its alpha and beta on this page are measured against that index.
Who manages TRUSTMF Liquid Fund?
TRUSTMF Liquid Fund is managed by Jalpan Shah and Shradhanjali Panda at Trust.
How is TRUSTMF Liquid Fund taxed?
TRUSTMF Liquid Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.