TRUSTMF Flexi Cap Fund
Flexi CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹12.61+0.64%1 day
- Return since launch
- 9.2%
- 52-week range
- ₹10.13 — ₹12.60
- AUM
- ₹1,020 Cr
TRUSTMF Flexi Cap Fund is a Flexi Cap equity fund from TRUST Mutual Fund with ₹1,020 Cr under management, launched in 2024. The expense ratio is 3.18% 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 +8.5% against -0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 17.6% | +14.9 pts | 2.8% | 6.2% |
| 2Y | 10.4% | +4.0 pts | 6.4% | 4.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.7% | −1.1 pts | 5.8% | 5.9% |
| 3M | 1.9% | +2.5 pts | -0.5% | -0.7% |
| 6M | 12.1% | +6.0 pts | 6.0% | 5.4% |
| 1Y | 8.7% | +5.9 pts | 2.8% | -0.3% |
| 2Y | 4.5% | +1.2 pts | 3.3% | 1.6% |
Since launch (5 Apr 2024): 9.2%
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
3.15%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.88%
- Brokerage
- 0.32%
- Transaction charges
- 0.01%
- Statutory levies
- 0.94%
- 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 30 Sep 2026
Asset allocation
- Equity92.3%
- Other7.7%
Market cap split
- Large52.2%
- Mid21.3%
- Small26.5%
- P/E
- 30.07
- P/B
- 4.28
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 7.72% | ₹77.79 Cr | +5.98% | +12.29% | +6.28% |
| ICICI Bank Ltd. | Financial | 6.17% | ₹62.02 Cr | +7.79% | +5.90% | +4.54% |
| Bharti Airtel Ltd. | Communication | 3.56% | ₹35.82 Cr | +2.63% | +3.36% | +2.52% |
| Eternal Ltd. | Services | 3.53% | ₹35.55 Cr | +0.72% | +1.06% | +3.19% |
| Titan Company Ltd. | Consumer Discretionary | 3.27% | ₹32.88 Cr | +2.82% | +2.57% | — |
| Kotak Mahindra Bank Ltd. | Financial | 3.10% | ₹31.13 Cr | +0.88% | — | — |
| Bajaj Finance Ltd. | Financial | 2.44% | ₹24.52 Cr | +2.51% | +1.14% | +2.87% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 2.37% | ₹23.84 Cr | +2.17% | +2.29% | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 2.28% | ₹22.96 Cr | +1.59% | — | +1.86% |
| Milky Mist Dairy Food Ltd. | Consumer Staples | 2.27% | ₹22.83 Cr | — | — | — |
| Larsen & Toubro Ltd. | Construction | 2.24% | ₹22.50 Cr | +3.03% | +1.87% | — |
| Shriram Finance Ltd | Financial | 2.18% | ₹21.94 Cr | +2.21% | +1.38% | — |
| State Bank of India | Financial | 2.03% | ₹20.45 Cr | +1.97% | +2.97% | +1.50% |
| Axis Bank Ltd. | Financial | 1.98% | ₹19.92 Cr | +2.86% | +2.14% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 1.98% | ₹19.86 Cr | +2.04% | +0.85% | +1.70% |
| Coal India Ltd. | Materials | 1.72% | ₹17.28 Cr | — | — | — |
| Augmont Enterprises Ltd. | Financial | 1.71% | ₹17.15 Cr | — | — | — |
| Hindustan Zinc Ltd. | Metals & Mining | 1.70% | ₹17.10 Cr | +0.76% | +0.40% | — |
| Muthoot Finance Ltd. | Financial | 1.68% | ₹16.85 Cr | +1.22% | +1.38% | +3.50% |
| Samvardhana Motherson International Ltd. | Automobile | 1.68% | ₹16.88 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.60% | ₹16.13 Cr | — | — | +1.39% |
| Aurobindo Pharma Ltd. | Healthcare | 1.54% | ₹15.49 Cr | — | +1.01% | — |
| HDFC Bank Ltd. | Financial | 1.52% | ₹15.30 Cr | +3.71% | +5.05% | +4.20% |
| Clean Max Enviro Energy Solutions Ltd. | Energy | 1.51% | ₹15.18 Cr | +1.93% | +0.89% | — |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | 1.44% | ₹14.49 Cr | — | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.41% | ₹14.14 Cr | — | — | +1.63% |
| Bharat Electronics Ltd. | Capital Goods | 1.40% | ₹14.08 Cr | — | +3.39% | +3.24% |
| Jyoti CNC Automation Ltd. | Capital Goods | 1.37% | ₹13.81 Cr | — | — | — |
| Laurus Labs Ltd. | Healthcare | 1.35% | ₹13.57 Cr | +1.55% | +1.15% | — |
| Gaja Alternative Asset Management Ltd. | Financial | 1.33% | ₹13.34 Cr | — | — | — |
| RBL Bank Ltd. | Financial | 1.31% | ₹13.22 Cr | — | — | — |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | 1.31% | ₹13.17 Cr | — | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.25% | ₹12.61 Cr | +2.19% | +1.26% | +1.31% |
| Hindustan Copper Ltd. | Metals & Mining | 1.22% | ₹12.30 Cr | — | — | — |
| The Federal Bank Ltd. | Financial | 1.22% | ₹12.28 Cr | +1.83% | +0.91% | — |
| Data Patterns (India) Ltd. | Capital Goods | 1.20% | ₹12.06 Cr | +0.27% | — | +1.21% |
| Navin Fluorine International Ltd. | Chemicals | 1.15% | ₹11.55 Cr | +1.06% | +0.77% | — |
| JSW Infrastructure Ltd. | Services | 1.13% | ₹11.39 Cr | +1.05% | — | — |
| Apollo Micro Systems Ltd. | Capital Goods | 1.11% | ₹11.19 Cr | +1.10% | +0.84% | +1.79% |
| Paras Defence And Space Technologies Ltd. | Capital Goods | 1.11% | ₹11.14 Cr | +0.29% | — | — |
| Shaily Engineering Plastics Ltd. | Materials | 1.03% | ₹10.33 Cr | +0.97% | +0.99% | +1.40% |
| TVS Motor Company Ltd. | Automobile | 1.03% | ₹10.33 Cr | +1.25% | +0.95% | +2.17% |
| Zen Technologies Ltd. | Technology | 1.03% | ₹10.35 Cr | +1.17% | — | — |
| One 97 Communications Ltd. | Services | 1.02% | ₹10.23 Cr | — | — | +1.03% |
| Mahindra & Mahindra Ltd. | Automobile | 1.00% | ₹10.06 Cr | +2.00% | +1.40% | +1.91% |
| Tata Motors Ltd. | Automobile | 0.99% | ₹9.94 Cr | +0.74% | — | — |
| Info Edge (India) Ltd. | Services | 0.98% | ₹9.86 Cr | — | — | — |
| National Aluminium Company Ltd. | Metals & Mining | 0.98% | ₹9.85 Cr | — | — | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.97% | ₹9.79 Cr | — | — | — |
| Divi's Laboratories Ltd. | Healthcare | 0.97% | ₹9.78 Cr | — | — | — |
| Honasa Consumer Ltd. | Consumer Staples | 0.97% | ₹9.75 Cr | +1.36% | — | — |
| Diamond Power Infrastructure Ltd. | Capital Goods | 0.92% | ₹9.25 Cr | — | — | — |
| Onesource Specialty Pharma Ltd. | Healthcare | 0.91% | ₹9.15 Cr | +1.02% | — | +0.66% |
| Motilal Oswal Financial Services Ltd. | Financial | 0.90% | ₹9.05 Cr | — | — | +1.30% |
| Sansera Engineering Ltd. | Automobile | 0.83% | ₹8.31 Cr | +1.42% | +1.05% | — |
| Senores Pharmaceuticals Ltd. | Healthcare | 0.81% | ₹8.18 Cr | — | — | — |
| Physicswallah Ltd. | Services | 0.76% | ₹7.60 Cr | +1.16% | — | — |
| ideaForge Technology Ltd. | Capital Goods | 0.74% | ₹7.43 Cr | — | — | — |
| Sterlite Technologies Ltd. | Communication | 0.60% | ₹5.99 Cr | — | — | — |
| Cemindia Projects Ltd. | Construction | 0.47% | ₹4.74 Cr | +1.74% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | -0.15% | 7.79% | +7.94% |
| Axis Bank Ltd. | 0.00% | 1.98% | +1.98% |
| Coal India Ltd. | 0.00% | 1.72% | +1.72% |
| Kotak Mahindra Bank Ltd. | 1.62% | 3.10% | +1.48% |
| Hitachi Energy India Ltd. | 1.46% | 0.00% | -1.46% |
| Hindustan Aeronautics Ltd. | 0.00% | 1.41% | +1.41% |
| Jyoti CNC Automation Ltd. | 0.00% | 1.37% | +1.37% |
| Shriram Finance Ltd | 3.42% | 2.18% | -1.24% |
| Nippon Life India Asset Management Ltd. | 1.17% | 0.00% | -1.17% |
| Bharat Forge Ltd. | 1.04% | 0.00% | -1.04% |
| Eicher Motors Ltd. | 0.99% | 0.00% | -0.99% |
| BSE Ltd. | 0.97% | 0.00% | -0.97% |
| SEDEMAC Mechatronics Ltd. | 0.96% | 0.00% | -0.96% |
| Neuland Laboratories Ltd. | 0.95% | 0.00% | -0.95% |
| Billionbrains Garage Ventures Ltd. | 0.92% | 0.00% | -0.92% |
| Solar Industries India Ltd. | 0.92% | 0.00% | -0.92% |
| Welspun Corp Ltd. | 0.91% | 0.00% | -0.91% |
| Diamond Power Infrastructure Ltd. | 1.80% | 0.92% | -0.88% |
| Infosys Ltd. | 0.85% | 0.00% | -0.85% |
| L&T Finance Ltd. | 0.85% | 0.00% | -0.85% |
| Aditya Infotech Ltd. | 0.83% | 0.00% | -0.83% |
| Milky Mist Dairy Food Ltd. | 1.46% | 2.27% | +0.81% |
| Bharti Airtel Ltd. | 2.82% | 3.56% | +0.74% |
| Samvardhana Motherson International Ltd. | 1.02% | 1.68% | +0.66% |
| Apollo Hospitals Enterprise Ltd. | 0.99% | 1.60% | +0.61% |
| Sterlite Technologies Ltd. | 0.00% | 0.60% | +0.60% |
| Augmont Enterprises Ltd. | 1.11% | 1.71% | +0.60% |
| Muthoot Finance Ltd. | 2.27% | 1.68% | -0.59% |
| One 97 Communications Ltd. | 1.60% | 1.02% | -0.58% |
| Physicswallah Ltd. | 1.34% | 0.76% | -0.58% |
| Sansera Engineering Ltd. | 1.31% | 0.83% | -0.48% |
| Cemindia Projects Ltd. | 0.00% | 0.47% | +0.47% |
| Bharat Electronics Ltd. | 0.93% | 1.40% | +0.47% |
| Apollo Micro Systems Ltd. | 0.65% | 1.11% | +0.46% |
| Bajaj Finance Ltd. | 2.84% | 2.44% | -0.40% |
| Honasa Consumer Ltd. | 1.34% | 0.97% | -0.37% |
| ICICI Bank Ltd. | 5.83% | 6.17% | +0.34% |
| Shaily Engineering Plastics Ltd. | 1.36% | 1.03% | -0.33% |
| Mahindra & Mahindra Ltd. | 1.28% | 1.00% | -0.28% |
| Navin Fluorine International Ltd. | 0.87% | 1.15% | +0.28% |
| Data Patterns (India) Ltd. | 0.93% | 1.20% | +0.27% |
| Onesource Specialty Pharma Ltd. | 1.16% | 0.91% | -0.25% |
| Titan Company Ltd. | 3.51% | 3.27% | -0.24% |
| Eternal Ltd. | 3.30% | 3.53% | +0.23% |
| TVS Motor Company Ltd. | 1.26% | 1.03% | -0.23% |
| Laurus Labs Ltd. | 1.57% | 1.35% | -0.22% |
| Multi Commodity Exchange Of India Ltd. | 1.76% | 1.98% | +0.22% |
| RBL Bank Ltd. | 1.13% | 1.31% | +0.18% |
| Hindustan Copper Ltd. | 1.06% | 1.22% | +0.16% |
| State Bank of India | 2.17% | 2.03% | -0.14% |
| Clean Max Enviro Energy Solutions Ltd. | 1.37% | 1.51% | +0.14% |
| The Federal Bank Ltd. | 1.33% | 1.22% | -0.11% |
| Dixon Technologies (India) Ltd. | 2.19% | 2.28% | +0.09% |
| JSW Infrastructure Ltd. | 1.04% | 1.13% | +0.09% |
| Lenskart Solutions Ltd. | 2.46% | 2.37% | -0.09% |
| National Aluminium Company Ltd. | 1.06% | 0.98% | -0.08% |
| Tata Motors Ltd. | 1.07% | 0.99% | -0.08% |
| Larsen & Toubro Ltd. | 2.32% | 2.24% | -0.08% |
| Kalyan Jewellers India Ltd. | 1.51% | 1.44% | -0.07% |
| Zen Technologies Ltd. | 1.10% | 1.03% | -0.07% |
| ideaForge Technology Ltd. | 0.81% | 0.74% | -0.07% |
| Paras Defence And Space Technologies Ltd. | 1.17% | 1.11% | -0.06% |
| Divi's Laboratories Ltd. | 1.02% | 0.97% | -0.05% |
| HDFC Bank Ltd. | 1.47% | 1.52% | +0.05% |
| Sky Gold And Diamonds Ltd. | 1.26% | 1.31% | +0.05% |
| Gaja Alternative Asset Management Ltd. | 1.38% | 1.33% | -0.05% |
| Info Edge (India) Ltd. | 1.02% | 0.98% | -0.04% |
| Bharat Heavy Electricals Ltd. | 1.00% | 0.97% | -0.03% |
| Hindustan Zinc Ltd. | 1.73% | 1.70% | -0.03% |
| company:20133 | 0.03% | 0.00% | -0.03% |
| Aurobindo Pharma Ltd. | 1.53% | 1.54% | +0.01% |
| Motilal Oswal Financial Services Ltd. | 0.91% | 0.90% | -0.01% |
| Radico Khaitan Ltd. | 1.24% | 1.25% | +0.01% |
| Senores Pharmaceuticals Ltd. | 0.81% | 0.81% | 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 | ₹26,441 Cr | 2.01% | 15.2% | 10.1% | 15.1% |
 HDFC Flexi Cap Fund | ₹1,08,547 Cr | 1.36% | 10.6% | 9.6% | 15.2% |
 Motilal Oswal Flexi Cap Fund | ₹13,446 Cr | 1.97% | 15.3% | 9.0% | 14.7% |
 Invesco India Flexi Cap Fund | ₹5,488 Cr | 2.08% | 15.3% | 9.7% | — |
 Bank of India Flexi Cap Fund | ₹3,137 Cr | 2.29% | 13.9% | 9.8% | 15.4% |
 ITI Flexi Cap Fund | ₹1,588 Cr | 2.33% | 21.0% | 12.6% | — |
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 months12.09% absolute | ₹60,000 | ₹67,254 | 12.09% | |
| 1 year8.71% annualised | ₹1,20,000 | ₹1,25,815 | 4.85% |
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 ₹12.61 as on 9 Nov 2026.
What is the expense ratio of TRUSTMF Flexi Cap Fund?
The expense ratio of TRUSTMF Flexi Cap Fund is 3.18% 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 ₹7,445 Cr under management.