This is the Direct plan of TRUSTMF Fixed Maturity Plan -Series II (1196 Days) — 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.
This scheme hasn’t published a NAV since 09 Jul 2026 — it appears to have been discontinued or merged. Trailing return and risk metrics need recent pricing, so they can’t be computed; only the NAV history and lifetime drawdown are shown below.
NAV history
Scorecard
Not ratedHow 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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Income peers to rank yet
Volatility not available yet
0.5% 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
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- High expense ratio (0.47%) vs the Income average of 0.12%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
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 Fixed Maturity Plan -Series II (1196 Days), 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 | +3.47% | |
| 2025 | +8.36% | |
| 2024 | +9.09% | |
| 2023part | +6.06% |
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.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹65.08Cr 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)
We don't hold this scheme's own Scheme Information Document. The managers shown are those named on it in this fund house's filings for its other schemes, so the list may be incomplete. 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 Debt funds
Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.
Frequently asked questions
What is the NAV of TRUSTMF Fixed Maturity Plan -Series II (1196 Days)?
The last published NAV of TRUSTMF Fixed Maturity Plan -Series II (1196 Days) was ₹1,298.70 per unit, on 09 Jul 2026. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.
What is the expense ratio of TRUSTMF Fixed Maturity Plan -Series II (1196 Days)?
TRUSTMF Fixed Maturity Plan -Series II (1196 Days) charges an expense ratio of 0.47% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
How risky is TRUSTMF Fixed Maturity Plan -Series II (1196 Days)?
TRUSTMF Fixed Maturity Plan -Series II (1196 Days) is rated moderate on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -1.6%. 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 Fixed Maturity Plan -Series II (1196 Days)?
TRUSTMF Fixed Maturity Plan -Series II (1196 Days) is benchmarked against the CRISIL Medium Duration Debt A-III Index. Its alpha and beta on this page are measured against that index.
Who manages TRUSTMF Fixed Maturity Plan -Series II (1196 Days)?
TRUSTMF Fixed Maturity Plan -Series II (1196 Days) is managed by Jalpan Shah and Shradhanjali Panda at Trust.
How is TRUSTMF Fixed Maturity Plan -Series II (1196 Days) taxed?
TRUSTMF Fixed Maturity Plan -Series II (1196 Days) 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.