TRUSTMF Overnight Fund - Direct Plan - Growth
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 realised.Read more
- Current NAV₹1,308.66
- Fund Size (AUM)₹ 74 Cr.
- Expense Ratio0.11 %
- 1Y Return+5.12%
- 3Y Return (CAGR)+5.96%
- 5Y Return (CAGR)—
- Category Rank (3Y)—
- RiskometerLow Risk
- Min. SIP / Lump sum₹ 1,000 / ₹ 1,000
More figures (11)
- Since Launch (CAGR)+5.84%
- Benchmark—
- Volatility (3Y)0.12 %
- Sharpe Ratio (3Y)-4.50
- Beta (3Y)—
- 52-week High / Low₹1,308.66 / ₹1,244.95
- Max Drawdown—
- Launched19 Jan 2022
- Lock-inNone
- Portfolio Turnover—
- Fund ManagersJalpan Shah, Shradhanjali Panda
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 3 years it returned 6.0% a year.
- Volatility over 3 years was 0.1% a year, with a Sharpe ratio of -4.5.
- Across all 3-year periods since launch, yearly returns ranged from 6.0% to 6.5% and were positive 100% of the time.
- Expense ratio 0.11%, fund size ₹74 crore.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +0.10% | +0.42% | +1.25% | +2.53% | +3.99% | +5.12% | +5.58% | +5.96% | — | — | — | +5.84% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Overnight Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| This fund | +3.99% | +5.73% | +6.71% | +6.72% |
January to December each year; the current year is to date.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 0.12% | 0.13% |
| Sharpe ratio ? | -4.50 | — |
| Sortino ratio ? | -3.60 | — |
| Maximum drawdown | 0.00% | 0.00% |
Rolling 3-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,23,285 | ₹3,285 | +5.10% |
| 3Y | ₹3,60,000 | ₹3,91,898 | ₹31,898 | +5.59% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
Compare with all Overnight Funds (40)
Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).
Scheme details
- Investment objective
- 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 realised.
- Fund managers
- Jalpan Shah, Shradhanjali Panda
- Fund house
- Trust Mutual Fund
- Category
- Overnight Funds · Debt
- Plan / option
- Direct · Growth
- AMFI scheme code
- 149797
- ISIN
- INF0GCD01453
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Overnight Funds
Overnight Funds invest in securities that mature the next day. They carry very low interest-rate and credit risk.
Generally used by parking money for a few days with very low risk.
Other plans of this scheme
Questions about this scheme
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What is the difference between Direct and Regular plans?
What are Overnight Funds?
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