TRUST Mutual Fund: AUM, Approach, Leadership & Top Funds
TRUST Mutual Fund, set up in 2019, manages ₹7,922.43 crore using a Limited Active Methodology. See its leadership and top funds with data.

TRUST Mutual Fund was set up in October 2019 and is sponsored by Trust Investment Advisors Private Limited. It manages ₹7,922.43 crore, uses what it calls a Limited Active Methodology, and is led by MD and CEO Sandeep Bagla. This guide covers its approach, key details and its top 10 funds with returns and risk data.
Key takeaways
- TRUST Mutual Fund manages ₹7,922.43 crore and was incorporated on 7 October 2019; it is 6 years old.
- Its sponsor is Trust Investment Advisors Private Limited, and the trustee is Trust AMC Trustee Private Limited.
- It adopts a Limited Active Methodology in portfolio creation and services.
- Sandeep Bagla is MD and CEO, and Mihir Vora is Chief Investment Officer.
- Its funds are available through both direct and regular plans.
What is TRUST Mutual Fund?
TRUST Mutual Fund was set up in October 2019 and is sponsored by Trust Investment Advisors Private Limited. It aims to offer a complete set of mutual funds across varied categories. The overview also states that Trust Capital Mutual Fund was incorporated in December 2017.
What is TRUST Mutual Fund's investment approach?
The company follows a Limited Active Methodology and operates on these principles: maintaining the scheme's integrity in line with SEBI's guidelines, and adopting an investing strategy based on rigorous market research and analysis along with established, back-tested procedures. Investors should expect low-cost, low-volatility returns, according to the fund house.
The key parameters used in the investment process are:
- Assets chosen on quality, liquidity and stability.
- Portfolio creation within defined parameters.
- Portfolio optimisation using constrained active management strategies.
- Periodic evaluation of the portfolio and the factors that influence it.
TRUST Mutual Fund: key information
| Field | Detail |
|---|---|
| Total AUM | ₹7,922.43 crore |
| AMC age | 6 years |
| Incorporation date | 7 October 2019 |
| Sponsors | Trust Investment Advisors Private Limited |
| Trustee organisation | Trust AMC Trustee Private Limited |
| CIO | Mihir Vora(Chief Investment Officer) |
| MD | Mr. Sandeep Bagla |
| CEO | Sandeep Bagla(Chief Executive Officer) |
| Compliance officer | Ms. Puja Trivedi |
| Address | 3rd Floor, 301-304, Chandravillas Co-op Premises Society Ltd., AML Centre 2, 8 Mahal Industrial Estate, Off. Mahakali Caves Road, Andheri-East, Mumbai Mumbai 400093 |
Top 10 TRUST Mutual Funds ranked by an internal score
These are the fund house's top 10 funds, ranked by Invo Wealth's internal fund-quality score. The score itself is not shown, only the return and risk numbers behind it. A "--" means the fund has not completed that period or the data is unavailable.
Returns across 6 months to 5 years
Performance data as of 5 September 2026.
| Fund | Sub-category | 6M CAGR | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| TRUSTMF Liquid Fund | Liquid Fund | 6.82% | 6.29% | 6.75% | 6.13% |
| TRUSTMF Money Market Fund | Money Market Fund | 6.91% | 6.20% | 6.94% | -- |
| TRUSTMF MULTI CAP FUND | Multi Cap Fund | 37.26% | 17.97% | -- | -- |
| TRUSTMF Overnight Fund | Overnight Fund | 5.06% | 5.10% | 5.97% | -- |
| TRUSTMF CORPORATE BOND FUND | Corporate Bond Fund | 5.12% | 4.73% | 6.49% | -- |
| TRUSTMF Short Duration Fund | Short Duration Fund | 5.28% | 5.06% | 6.67% | 5.67% |
| TRUSTMF SMALL CAP FUND | Small Cap Fund | 75.28% | 31.75% | -- | -- |
| TRUSTMF ARBITRAGE FUND | Arbitrage Fund | 4.99% | 5.36% | -- | -- |
| TRUSTMF Flexi Cap Fund | Flexi Cap Fund | 26.33% | 9.62% | -- | -- |
| TRUSTMF MID CAP FUND | Mid Cap Fund | -- | -- | -- | -- |
All funds listed are Regular Plan - Growth option. CAGR = compound annual growth rate.
Risk and consistency metrics
| Fund | ISIN | Mean 1Y rolling return | Volatility | Max drawdown (3Y) | Sortino ratio |
|---|---|---|---|---|---|
| TRUSTMF Liquid Fund | INF0GCD01198 | 6.23% | 0.21% | -0.01% | -3.33 |
| TRUSTMF Money Market Fund | INF0GCD01479 | 7.02% | 0.46% | -0.12% | -0.28 |
| TRUSTMF MULTI CAP FUND | INF0GCD01842 | 17.79% | 17.01% | -13.27% | 0.90 |
| TRUSTMF Overnight Fund | INF0GCD01438 | 6.15% | 0.15% | 0.00% | -15.09 |
| TRUSTMF CORPORATE BOND FUND | INF0GCD01537 | 6.86% | 1.61% | -0.60% | -0.48 |
| TRUSTMF Short Duration Fund | INF0GCD01313 | 6.18% | 1.12% | -0.59% | -0.47 |
| TRUSTMF SMALL CAP FUND | INF0GCD01776 | 16.04% | 22.31% | -24.20% | 1.51 |
| TRUSTMF ARBITRAGE FUND | INF0GCD01867 | 5.56% | 1.39% | -0.34% | -1.72 |
| TRUSTMF Flexi Cap Fund | INF0GCD01719 | 2.59% | 19.13% | -19.33% | 0.18 |
| TRUSTMF MID CAP FUND | INF0GCD01883 | -- | 15.66% | -3.06% | -- |
The TRUSTMF Overnight Fund shows volatility of 0.15%, while the TRUSTMF Small Cap Fund shows 22.31% and a 1-year CAGR of 31.75%. Several equity funds are recent, so compare risk metrics, not only returns.
How to invest in TRUST Mutual Fund
You can invest online through the fund house's website or a platform of your choice. Sign up on Invo Wealth, get complete portfolio insights and start investing in mutual funds that actually suit you.
Conclusion
TRUST Mutual Fund is a young fund house, set up in 2019, that follows a Limited Active Methodology. Compare each fund's returns, volatility and drawdown with your goals before investing.
Frequently asked questions
How do I start an SIP in TRUST Mutual Fund online?
You can start an SIP online through Invo Wealth, or through the fund house's website or any other online platform or mobile app. Choose a scheme, set the amount and begin.
How do I calculate a TRUST Mutual Fund SIP?
An SIP calculation takes into account your investment amount, the SIP tenure, the number of instalments already paid and the expected interest rate.
How do I redeem a TRUST Mutual Fund investment?
Offline, visit the nearest fund house office and submit a form. Online, sign in with your folio number on the official website, or redeem through any online portal where you invested.
Can I increase my TRUST Mutual Fund SIP amount?
Yes, through a step-up or top-up SIP, which most fund houses now offer. Check with the fund house first and use a step-up calculator to decide the new amount.
How do I stop a TRUST Mutual Fund SIP online?
Place a Cancel SIP request at any time. Log in to the fund house's website with your folio number, contact your agent, or use the platform where you invested.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. This article is for education only and is not investment advice. Past performance does not guarantee future returns. Invo Wealth is an AMFI-registered mutual fund distributor (ARN-368528).