TRUSTMF Corporate Bond Fund
This is the Direct plan of TRUSTMF Corporate Bond Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★☆☆☆2/5 vs 21 Corporate Bond 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 Corporate Bond Fund (same plan and option).
3Y CAGR +6.75% · ranks 20 of 21 Corporate Bond Funds
Volatility 1.3% vs 1.1% category avg
0.3% expense vs 0.3% 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
- Low expense ratio (0.26%) vs the Corporate Bond Fund average of 0.33%
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- Ranks #17 of 21 on 1-year return in its Corporate Bond Fund cohort
- Weaker risk-adjusted returns — Sharpe 0.18 below the Corporate Bond Fund average of 0.65
- More volatile than its Corporate Bond Fund peers (1.3% vs 1.1%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Corporate Bond Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.02% | -0.06% | +0.08% |
| 3M abs | +0.58% | +0.42% | +0.16% |
| 6M abs | +3.28% | +3.36% | -0.08% |
| 1Y CAGR | +4.33% | +4.83% | -0.50% |
| 3Y CAGR | +6.75% | +7.20% | -0.45% |
| 5Y CAGR | — | +6.29% | — |
Category average across peers in Corporate Bond Fund (up to 20 funds with data), 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 20 peers in Corporate Bond Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into TRUSTMF Corporate Bond Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +3.56% | |
| 2025 | +7.13% | |
| 2024 | +8.01% | |
| 2023part | +6.57% |
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.
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Debt80.56%
- Cash & Equivalents19.44%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹118.39Cr 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.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
TRUST Mutual Fund is run by TRUST Asset Management, part of the TRUST Group, a financial services firm with a fixed-income heritage. Its line-up leans heavily towards debt schemes.
Fund Managers
JSJalpan ShahStart date not disclosed
B.E. (Mechanical), PGDM
Over 20 years of experience in financial Since June 11, services industry May 2024 till date: Head Fixed Income - TRUST Asset Management Private Limited Nov 2022 - May 2024: Senior Vice President, Fund Management - Fixed Income, HSBC Asset Management (India) Private Limited June 2014 - Nov 2022: Portfolio Manager - Fixed Income, L&T Investment Management Ltd. Nov 2012 - June 2014: Dealer - Fixed Income and Macro Economic Research, L&T Investment Management Limited Dec 2007 - Nov 2012: Research Associate, FIL Fund Management Private Limited
SPShradhanjali PandaStart date not disclosed
MBA
Over 17 years of experience in financial Since October 1, markets across business like Mutual Fund & PMS. From Oct 1, 2025: Fund Manager cum Dealer - Fixed Income - TRUST Asset Management Private Limited Nov 2020 - Sep 2025: AVP - Fixed Income Dealer - TRUST Asset Management Private Limited Nov 2016 - Nov 2020: Senior Manager - Debt PMS Analyst/ Dealer - Asset Management & Advisory Desk with TRUST Group Feb 2016 - Nov 2016: Business Analyst - Value creator with Hexagon Global IT Services Private Ltd May 2013 - Feb 2016: Fixed Income Dealer PMS: Birla Sun Life Asset Management Company Private Ltd Mar 2008 - May 2013: Investment Operations - Trades & Settlements; Valuation & Mid-office Operations - Mutual Fund Business - Birla Sun Life Asset Management Company Private Ltd (SID)
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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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 Corporate Bond funds
Corporate bond funds lend mainly to high-rated companies (AA+ and above). They aim for a little more yield than government debt while keeping credit risk low.
Frequently asked questions
What is the NAV of TRUSTMF Corporate Bond Fund?
As of 05 Oct 2026, the NAV of TRUSTMF Corporate Bond Fund is ₹1,278.10 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has TRUSTMF Corporate Bond Fund delivered?
TRUSTMF Corporate Bond Fund has returned +4.33% over 1 year, +6.75% per year over 3 years and +6.83% 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 Corporate Bond Fund?
TRUSTMF Corporate Bond Fund charges an expense ratio of 0.26% 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 Corporate Bond Fund?
TRUSTMF Corporate Bond Fund's largest holdings are 7.70% HDFC Bank Limited (16/05/2028) (12.1%), 7.6% Power Finance Corporation Limited (13/04/2029) (12.1%), 6.47% Indian Railway Finance Corporation Limited (30/05/2028) (11.9%), 7.35% Export Import Bank of India (27/07/2028) (10.3%) and 6.75% Government of India (23/12/2029) (6.1%). Holdings are disclosed monthly and change over time.
How risky is TRUSTMF Corporate Bond Fund?
TRUSTMF Corporate Bond Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.3% and its worst peak-to-trough fall in our sample was -0.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.18 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. TRUSTMF Corporate Bond Fund's 0.18 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of TRUSTMF Corporate Bond Fund?
TRUSTMF Corporate Bond Fund is benchmarked against the CRISIL Corporate Debt A-II Index. Its alpha and beta on this page are measured against that index.
Who manages TRUSTMF Corporate Bond Fund?
TRUSTMF Corporate Bond Fund is managed by Jalpan Shah and Shradhanjali Panda at Trust.
How is TRUSTMF Corporate Bond Fund taxed?
TRUSTMF Corporate Bond 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.