TRUSTMF Flexi Cap Fund
Flexi CapVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹12.20+0.33%1 day
- Return since launch
- 9.4%
- 52-week range
- ₹10.13 — ₹12.60
- AUM
- ₹1,042 Cr
TRUSTMF Flexi Cap Fund is a Flexi Cap equity fund from TRUST Mutual Fund with ₹1,042 Cr under management, launched in 2024. The expense ratio is 3.26% and the SEBI riskometer reading is Very High.
Performance
TRUSTMF Flexi Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +9.2% against -0.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 12.7% | +9.9 pts | 2.7% | 0.2% |
| 2Y | 7.5% | +4.2 pts | 3.3% | 1.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.2% | +0.1 pts | -3.3% | -3.3% |
| 3M | 5.3% | +4.5 pts | 0.8% | 0.5% |
| 6M | 17.8% | +5.8 pts | 11.9% | 11.1% |
| 1Y | 9.2% | +6.5 pts | 2.7% | -0.2% |
| 2Y | 0.8% | +2.4 pts | -1.6% | -3.2% |
Since launch (5 Apr 2024): 9.4%
Calendar-year returns
Category average-4.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -4.1% | −8.4 pts | 4.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
3.20%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.89%
- Brokerage
- 0.33%
- Transaction charges
- 0.01%
- Statutory levies
- 0.97%
- Exit load
- Exit load of 1%, if redeemed within 180 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
TRUSTMF Flexi Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.4%
- Other2.6%
Market cap split
- Large49.3%
- Mid24.0%
- Small26.7%
- P/E
- 34.92
- P/B
- 4.99
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 5.83% | ₹60.72 Cr | +6.95% | +5.47% | +6.56% |
| Titan Company Ltd. | Consumer Discretionary | 3.51% | ₹36.57 Cr | +2.01% | +2.33% | — |
| Shriram Finance Ltd | Financial | 3.42% | ₹35.58 Cr | +1.07% | +2.19% | — |
| Eternal Ltd. | Services | 3.30% | ₹34.34 Cr | +0.84% | +1.09% | +3.38% |
| Bajaj Finance Ltd. | Financial | 2.84% | ₹29.60 Cr | +1.20% | +1.95% | +2.37% |
| Bharti Airtel Ltd. | Communication | 2.82% | ₹29.33 Cr | +2.93% | +2.60% | +2.76% |
| Others | Others | 2.64% | ₹27.74 Cr | +5.34% | +0.65% | +2.74% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 2.46% | ₹25.65 Cr | +2.28% | +2.01% | — |
| Larsen & Toubro Ltd. | Construction | 2.32% | ₹24.20 Cr | +1.66% | +2.89% | +1.79% |
| Muthoot Finance Ltd. | Financial | 2.27% | ₹23.63 Cr | +1.54% | +1.79% | +1.80% |
| Dixon Technologies (India) Ltd. | Capital Goods | 2.19% | ₹22.83 Cr | — | — | +1.93% |
| State Bank of India | Financial | 2.17% | ₹22.60 Cr | +2.07% | +4.98% | — |
| Diamond Power Infrastructure Ltd. | Capital Goods | 1.80% | ₹18.75 Cr | — | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 1.76% | ₹18.36 Cr | +2.20% | +1.09% | +1.49% |
| Hindustan Zinc Ltd. | Metals & Mining | 1.73% | ₹17.99 Cr | +1.43% | +1.35% | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.62% | ₹16.90 Cr | +0.50% | — | — |
| One97 Communications Ltd. | Services | 1.60% | ₹16.72 Cr | — | +1.09% | +1.48% |
| Laurus Labs Ltd. | Healthcare | 1.57% | ₹16.35 Cr | +1.50% | +1.12% | — |
| Aurobindo Pharma Ltd. | Healthcare | 1.53% | ₹15.91 Cr | — | — | — |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | 1.51% | ₹15.75 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 1.47% | ₹15.30 Cr | +5.71% | +4.48% | +6.34% |
| Hitachi Energy India Ltd. | Capital Goods | 1.46% | ₹15.17 Cr | +0.92% | — | +1.15% |
| company:20772 | Consumer Staples | 1.46% | ₹15.22 Cr | — | — | — |
| company:20817 | Financial | 1.38% | ₹14.38 Cr | — | — | — |
| Clean Max Enviro Energy Solutions Ltd. | Energy | 1.37% | ₹14.26 Cr | +1.47% | +0.54% | — |
| Shaily Engineering Plastics Ltd. | Materials | 1.36% | ₹14.21 Cr | +1.43% | +0.54% | +1.20% |
| Honasa Consumer Ltd. | Consumer Staples | 1.34% | ₹13.99 Cr | +0.83% | — | — |
| Physicswallah Ltd. | Services | 1.34% | ₹13.92 Cr | — | — | — |
| The Federal Bank Ltd. | Financial | 1.33% | ₹13.80 Cr | +1.73% | +2.06% | — |
| Sansera Engineering Ltd. | Automobile | 1.31% | ₹13.63 Cr | +1.39% | +0.85% | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.28% | ₹13.35 Cr | +1.86% | +2.08% | +2.24% |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | 1.26% | ₹13.12 Cr | — | — | — |
| TVS Motor Company Ltd. | Automobile | 1.26% | ₹13.11 Cr | +0.69% | +2.31% | +2.09% |
| Radico Khaitan Ltd. | Consumer Staples | 1.24% | ₹12.95 Cr | +2.17% | +1.14% | +2.04% |
| Nippon Life India Asset Management Ltd. | Financial | 1.17% | ₹12.20 Cr | +1.28% | — | — |
| Paras Defence And Space Technologies Ltd. | Capital Goods | 1.17% | ₹12.17 Cr | — | — | — |
| Onesource Specialty Pharma Ltd. | Healthcare | 1.16% | ₹12.11 Cr | +1.06% | — | +0.64% |
| RBL Bank Ltd. | Financial | 1.13% | ₹11.79 Cr | — | — | — |
| company:20819 | Financial | 1.11% | ₹11.58 Cr | — | — | — |
| Zen Technologies Ltd. | Technology | 1.10% | ₹11.47 Cr | — | — | — |
| Tata Motors Ltd. | Automobile | 1.07% | ₹11.10 Cr | — | +1.31% | — |
| National Aluminium Company Ltd. | Metals & Mining | 1.06% | ₹11.02 Cr | — | — | — |
| company:1511 | Metals & Mining | 1.06% | ₹11.00 Cr | — | — | — |
| Bharat Forge Ltd. | Automobile | 1.04% | ₹10.80 Cr | +1.16% | +1.55% | — |
| JSW Infrastructure Ltd. | Services | 1.04% | ₹10.86 Cr | — | — | — |
| Divi's Laboratories Ltd. | Healthcare | 1.02% | ₹10.64 Cr | — | — | — |
| Info Edge (India) Ltd. | Services | 1.02% | ₹10.61 Cr | — | — | — |
| company:2438 | Automobile | 1.02% | ₹10.60 Cr | — | — | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 1.00% | ₹10.43 Cr | — | — | — |
| Eicher Motors Ltd. | Automobile | 0.99% | ₹10.32 Cr | — | +1.24% | — |
| company:233 | Healthcare | 0.99% | ₹10.28 Cr | — | — | +1.44% |
| BSE Ltd. | Services | 0.97% | ₹10.06 Cr | +2.46% | +0.73% | — |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 0.96% | ₹9.98 Cr | +0.93% | — | — |
| Neuland Laboratories Ltd. | Healthcare | 0.95% | ₹9.94 Cr | +1.32% | +0.94% | +0.48% |
| Bharat Electronics Ltd. | Capital Goods | 0.93% | ₹9.67 Cr | +2.06% | +3.38% | +2.00% |
| Data Patterns (India) Ltd. | Capital Goods | 0.93% | ₹9.66 Cr | — | — | +0.83% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.92% | ₹9.55 Cr | +0.87% | +1.14% | — |
| Solar Industries India Ltd. | Chemicals | 0.92% | ₹9.55 Cr | +2.25% | +1.33% | — |
| company:5338 | Metals & Mining | 0.91% | ₹9.47 Cr | — | — | — |
| company:8781 | Financial | 0.91% | ₹9.50 Cr | — | — | +1.50% |
| Navin Fluorine International Ltd. | Chemicals | 0.87% | ₹9.02 Cr | +1.12% | +0.49% | +1.30% |
| Infosys Ltd. | Technology | 0.85% | ₹8.82 Cr | +2.11% | +2.32% | +2.25% |
| L&T Finance Ltd. | Financial | 0.85% | ₹8.86 Cr | — | — | — |
| company:20027 | Communication | 0.83% | ₹8.65 Cr | — | — | — |
| company:19617 | Healthcare | 0.81% | ₹8.46 Cr | — | — | — |
| ideaForge Technology Ltd. | Capital Goods | 0.81% | ₹8.40 Cr | — | — | — |
| Apollo Micro Systems Ltd. | Capital Goods | 0.65% | ₹6.80 Cr | +0.83% | +1.44% | +1.88% |
| TVS Motor Company Ltd - Pref. Shares | Automobile | 0.03% | ₹0.30 Cr | +0.03% | +0.03% | +0.03% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 4.69% | -0.15% | -4.84% |
| Coforge Ltd. | 1.82% | 0.00% | -1.82% |
| company:20772 | 0.00% | 1.46% | +1.46% |
| company:20817 | 0.00% | 1.38% | +1.38% |
| Bharat Dynamics Ltd. | 1.22% | 0.00% | -1.22% |
| company:20819 | 0.00% | 1.11% | +1.11% |
| Gabriel India Ltd. | 1.07% | 0.00% | -1.07% |
| company:1511 | 0.00% | 1.06% | +1.06% |
| Dalmia Bharat Ltd. | 1.05% | 0.00% | -1.05% |
| Diamond Power Infrastructure Ltd. | 2.85% | 1.80% | -1.05% |
| State Bank of India | 1.13% | 2.17% | +1.04% |
| company:2438 | 0.00% | 1.02% | +1.02% |
| Minda Corporation Ltd. | 1.01% | 0.00% | -1.01% |
| company:233 | 0.00% | 0.99% | +0.99% |
| Lodha Developers Ltd. | 0.98% | 0.00% | -0.98% |
| Fortis Healthcare Ltd. | 0.95% | 0.00% | -0.95% |
| company:5338 | 0.00% | 0.91% | +0.91% |
| company:8781 | 0.00% | 0.91% | +0.91% |
| Kirloskar Oil Engines Ltd. | 0.89% | 0.00% | -0.89% |
| Bharti Airtel Ltd. | 1.93% | 2.82% | +0.89% |
| Navin Fluorine International Ltd. | 0.00% | 0.87% | +0.87% |
| company:20027 | 0.00% | 0.83% | +0.83% |
| company:19617 | 0.00% | 0.81% | +0.81% |
| ICICI Bank Ltd. | 6.61% | 5.83% | -0.78% |
| Kotak Mahindra Bank Ltd. | 0.86% | 1.62% | +0.76% |
| Billionbrains Garage Ventures Ltd. | 1.65% | 0.92% | -0.73% |
| Bajaj Finance Ltd. | 3.55% | 2.84% | -0.71% |
| MTAR Technologies Ltd. | 0.69% | 0.00% | -0.69% |
| Infosys Ltd. | 1.50% | 0.85% | -0.65% |
| One97 Communications Ltd. | 1.00% | 1.60% | +0.60% |
| Multi Commodity Exchange Of India Ltd. | 1.17% | 1.76% | +0.59% |
| The Federal Bank Ltd. | 1.92% | 1.33% | -0.59% |
| Hitachi Energy India Ltd. | 0.89% | 1.46% | +0.57% |
| Aurobindo Pharma Ltd. | 0.97% | 1.53% | +0.56% |
| Hindustan Zinc Ltd. | 1.25% | 1.73% | +0.48% |
| Clean Max Enviro Energy Solutions Ltd. | 1.84% | 1.37% | -0.47% |
| Titan Company Ltd. | 3.05% | 3.51% | +0.46% |
| HDFC Bank Ltd. | 1.88% | 1.47% | -0.41% |
| Physicswallah Ltd. | 1.70% | 1.34% | -0.36% |
| Paras Defence And Space Technologies Ltd. | 0.85% | 1.17% | +0.32% |
| Eternal Ltd. | 3.02% | 3.30% | +0.28% |
| Radico Khaitan Ltd. | 1.50% | 1.24% | -0.26% |
| Kalyan Jewellers India Ltd. | 1.26% | 1.51% | +0.25% |
| Nippon Life India Asset Management Ltd. | 1.41% | 1.17% | -0.24% |
| Dixon Technologies (India) Ltd. | 2.42% | 2.19% | -0.23% |
| Laurus Labs Ltd. | 1.80% | 1.57% | -0.23% |
| Muthoot Finance Ltd. | 2.05% | 2.27% | +0.22% |
| Sky Gold And Diamonds Ltd. | 1.05% | 1.26% | +0.21% |
| Lenskart Solutions Ltd. | 2.31% | 2.46% | +0.15% |
| Sansera Engineering Ltd. | 1.45% | 1.31% | -0.14% |
| Onesource Specialty Pharma Ltd. | 1.29% | 1.16% | -0.13% |
| Larsen & Toubro Ltd. | 2.20% | 2.32% | +0.12% |
| Mahindra & Mahindra Ltd. | 1.38% | 1.28% | -0.10% |
| Bharat Forge Ltd. | 1.13% | 1.04% | -0.09% |
| Divi's Laboratories Ltd. | 1.10% | 1.02% | -0.08% |
| Shriram Finance Ltd | 3.35% | 3.42% | +0.07% |
| National Aluminium Company Ltd. | 1.01% | 1.06% | +0.05% |
| Solar Industries India Ltd. | 0.87% | 0.92% | +0.05% |
| Zen Technologies Ltd. | 1.05% | 1.10% | +0.05% |
| Bharat Heavy Electricals Ltd. | 0.96% | 1.00% | +0.04% |
| JSW Infrastructure Ltd. | 1.00% | 1.04% | +0.04% |
| SEDEMAC Mechatronics Ltd. | 1.00% | 0.96% | -0.04% |
| TVS Motor Company Ltd. | 1.30% | 1.26% | -0.04% |
| Tata Motors Ltd. | 1.03% | 1.07% | +0.04% |
| Apollo Micro Systems Ltd. | 0.69% | 0.65% | -0.04% |
| Bharat Electronics Ltd. | 0.90% | 0.93% | +0.03% |
| Eicher Motors Ltd. | 1.02% | 0.99% | -0.03% |
| Honasa Consumer Ltd. | 1.31% | 1.34% | +0.03% |
| Info Edge (India) Ltd. | 0.99% | 1.02% | +0.03% |
| Neuland Laboratories Ltd. | 0.98% | 0.95% | -0.03% |
| RBL Bank Ltd. | 1.16% | 1.13% | -0.03% |
| Shaily Engineering Plastics Ltd. | 1.33% | 1.36% | +0.03% |
| Data Patterns (India) Ltd. | 0.91% | 0.93% | +0.02% |
| BSE Ltd. | 0.98% | 0.97% | -0.01% |
| L&T Finance Ltd. | 0.86% | 0.85% | -0.01% |
| ideaForge Technology Ltd. | 0.82% | 0.81% | -0.01% |
| Axis Bank Ltd. | 0.00% | 0.00% | 0.00% |
| TVS Motor Company Ltd - Pref. Shares | 0.03% | 0.03% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹5,332 Cr | 2.22% | 12.6% | 9.9% | 15.4% |
 Motilal Oswal Flexi Cap Fund | ₹14,160 Cr | 2.05% | 12.7% | 9.4% | 14.8% |
 Invesco India Flexi Cap Fund | ₹5,709 Cr | 2.07% | 5.3% | 7.8% | — |
 Bank of India Flexi Cap Fund | ₹2,953 Cr | 2.25% | 13.8% | 10.7% | 16.1% |
 360 ONE FlexiCap Fund | ₹2,250 Cr | 2.38% | 14.8% | 10.0% | — |
 ITI Flexi Cap Fund | ₹1,588 Cr | 2.34% | 16.6% | 11.7% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide long-term growth in capital and income to investors, through active management of investments in a diversified portfolio of equity and equity-related securities across the entire market capitalization spectrum and in debt and money market instruments.
Fund managers
- Aakash ManghaniMr. Manghani has done Bachelors in EngineeringPrior to joining Trust Mutual Fund, he has worked with BOI AXA Mutual Fund, Pioneer Investcorp Ltd., Girik Capital and Amdocs Ltd.
- Mihir VoraMr. Vora is B.E.(Mechanical) and has a PGDM from IIM, Lucknow.Prior to this, he worked with ABN Amro AMC, managing equity funds, with Pru ICICI AMC for 4 long years and SBI with Funds Mgt. Ltd. from 1994-2000.
- Saurabh KatariaHe is a B.Com (Hons.) and MBA (Finance).Prior to joining Trust Mutual Fund. he has worked with Axis Max Life Insurance, BOI AXA Investment Managers Pvt, Askar Capital Private Equity, Goldman Sachs India Pvt. Ltd. and Irevna Research Services Pvt. Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months17.76% absolute | ₹60,000 | ₹70,656 | 17.76% | |
| 1 year9.22% annualised | ₹1,20,000 | ₹1,26,165 | 5.14% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of TRUSTMF Flexi Cap Fund?
The NAV of TRUSTMF Flexi Cap Fund is ₹12.20 as on 25 Sep 2026.
What is the expense ratio of TRUSTMF Flexi Cap Fund?
The expense ratio of TRUSTMF Flexi Cap Fund is 3.26% per year.
What is the minimum SIP amount for TRUSTMF Flexi Cap Fund?
You can start a SIP in TRUSTMF Flexi Cap Fund with ₹3,000 a month.
Is there a lock-in or exit load on TRUSTMF Flexi Cap Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 180 days..
How risky is TRUSTMF Flexi Cap Fund?
TRUSTMF Flexi Cap Fund is rated Very High on the SEBI riskometer and belongs to the Flexi Cap category.
Which fund house manages TRUSTMF Flexi Cap Fund?
TRUSTMF Flexi Cap Fund is managed by TRUST Mutual Fund, which runs 11 schemes with ₹5,075 Cr under management.