Investment Objective and Approach

The investment objective of the Scheme is to provide reasonable returns commensurating with overnight call rates and providing a high level of liquidity, through investments in overnight securities having maturity/unexpired maturity of 1 business day. However, there can be no assurance that the investment objective of the scheme will be realized.

Key Investment Features:

- Investments in debt and money market securities having maturity/unexpired maturity of one business day

- Returns in line with the overnight call/money market rates

- Endeavor to offer high liquidity, low risk & minimal volatility

- Overnight funds invest in ultra-short-term debt, providing stability and liquidity, making them ideal for short-term parking of funds

Investment Strategy:

Regular income over short term that may be in line with overnight call rates with low risk and high level of liquidity. Investment in debt and money market instruments with overnight maturity.

Fund Managers

The fund manager of TRUSTMF Overnight Fund is Jalpan Shah, Neeraj Jain. Launched in 17 January 2022, this fund is managed by Neeraj Jain.

Fund Manager Experience:

- Anand Nevatia has a combined experience of 19 years in the capital market

- He has managed Debt Capital Markets in TRUST Mutual Fund for ten years and was the head of Debt PMS in TRUST for over six years

- At present, he is the head fund manager at TRUST mutual fund

About the Fund House (AMC)

Trust Mutual Fund was set up in October of 2019. Trust MF is sponsored by Trust Investment Advisors Private Limited. Sponsored by Trust Investment Advisors Private Limited (TIAPL), it was founded in October 2019 and introduced its first mutual fund scheme, the TRUST MF Overnight Fund, in December 2019.

AMC Philosophy:

- We stand for a Clear, Credible, Consistent approach to investing, with well-articulated Philosophy and Processes. Investment is in our DNA. At heart, we are GROWTH investors. We add value by Differentiated Insights into specific stocks, which are not visible to the market

- The company adopts a Limited Active Methodology in portfolio creation and services

- Trust Mutual Fund India aims to give a complete set of mutual funds across varied categories

Investment Parameters:

Assets are chosen based on their quality, liquidity, and stability. Creating the portfolio while staying within the parameters. Portfolio optimization using active management strategies that are constrained. Periodic evaluation of the portfolio and the factors that influence it.

AUM Information:

- As of December 2023, it manages assets worth Rs. 1190 crores

- Total fund count: 29 schemes

Should I Invest in TRUSTMF Overnight Fund?

Performance Metrics:

- Returns Since Inception: Since its inception, the fund has generated 6.02% returns (as of January 8, 2025)

- 1-Year Returns: In the short term, i.e., 1 year, TRUSTMF Overnight Fund (G) has generated annualised return of 6.66%

- 3-Year Returns: For the last 3 years the fund has delivered a CAGR of 6.44%

Fund Fundamentals:

- Current AUM: The Assets Under Management (AUM) of TRUSTMF Overnight Fund (G) is ₹139.01 (Cr) as of 2025-01-08

- Expense Ratio: The expense ratio of TRUSTMF Overnight Fund (G) Direct Growth is 0.12% / The expense ratio of TRUSTMF Overnight Fund is 0.07%

- Minimum Investment: Lump sum minimum amount for TRUSTMF Overnight Fund is ₹1,000 and for SIP, it is ₹1,000

- Risk Level: On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of TRUSTMF Overnight Fund is Low

Who Should Invest:

This fund is suitable for investors seeking:

- Short-term parking of surplus funds

- High liquidity with minimal risk

- Returns aligned with overnight call rates

- Alternative to savings accounts and fixed deposits for better returns

- Emergency fund parking with easy withdrawal facility

Exit Load: 1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment

FAQs

What is today's NAV of TRUSTMF Overnight Fund?

The current NAV of TRUSTMF Overnight Fund is ₹1,233.5458 as of 16 Aug 2025. NAV is updated daily and reflects the per-unit value of the fund.

What is the AUM of TRUSTMF Overnight Fund?

The Assets Under Management (AUM) of TRUSTMF Overnight Fund (G) is ₹139.01 (Cr) as of 2025-01-08. This indicates the total market value of assets managed by the fund.

What is the expense ratio of TRUSTMF Overnight Fund?

The expense ratio of TRUSTMF Overnight Fund is 0.07% for the direct plan. This is the annual fee charged for fund management and operations.

What are the returns of TRUSTMF Overnight Fund since inception?

Since its inception, the fund has generated 6.02% returns. Launched in 17 January 2022, the fund has delivered consistent performance in line with overnight rates.

What is the minimum SIP amount to invest in TRUSTMF Overnight Fund?

For SIP, it is ₹1,000. This makes it accessible for retail investors looking to invest regularly in overnight funds.

How do I invest in TRUSTMF Overnight Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing investment amount, and making payment. Both lumpsum and SIP options are available with minimum investment of ₹1,000.

How to start a SIP in TRUSTMF Overnight Fund?

Through Allvest, login to your account, search for TRUSTMF Overnight Fund, select SIP option, enter monthly investment amount (minimum ₹1,000), choose SIP date, and set up auto-debit mandate for seamless investing.

How do I automate an SIP in TRUSTMF Overnight Fund?

Set up auto-invest feature on Allvest platform by providing bank mandate or UPI autopay. Once configured, your chosen amount will be automatically invested monthly without manual intervention, ensuring consistent contributions.

How can I withdraw/redeem my investment in TRUSTMF Overnight Fund?

Login to Allvest platform, go to your portfolio, select TRUSTMF Overnight Fund, choose redeem option, enter units or amount to redeem, and submit request. Redemption is processed within 1-2 business days with applicable exit loads if any.