TRUSTMF Large & Mid Cap Fund: ₹6,907 Cr AUM, High Risk
By Market Desk
Explore the TRUSTMF Large & Mid Cap Fund, a ‘Very High Risk’ equity scheme with ₹6,907 Cr AUM. Learn about its NAV, investment strategy, and top holdings for long-term capital appreciation.
The TRUSTMF Large & Mid Cap Fund Direct Growth, an Equity Mutual Fund Scheme from TRUST Mutual Fund, reported an Asset Under Management (AUM) of ₹6,907 Cr as of August 28, 2026. Its Net Asset Value (NAV) stood at ₹10.37 on the same date, reflecting its market position.
This scheme is specifically designed to achieve long-term capital appreciation for investors. It does so through a carefully diversified portfolio focused predominantly on large and mid-cap equity and equity-related instruments.
Key Fund Metrics
- Risk Classification: ‘Very High Risk’
- Minimum SIP Investment: ₹1,000
- Minimum One-Time Investment: ₹1,000
The fund’s investment strategy includes a substantial allocation to Repo/CBLO, which constitutes 43.73% of its total holdings. This highlights a strategic component within its diversified equity approach.
Major Holdings and Costs
- ICICI Bank Ltd: 2.11%
- Zomato Ltd: 1.92%
- Lenskart Solutions Ltd.: 1.75%
- Laurus Labs Ltd: 1.73%
Investors should note the fund’s expense ratio, set at 4.11%. Additionally, an exit load of 1% is applied if units are redeemed within 180 days from the date of allocation.
Taxation and Management Insights
- Returns redeemed within one year are subject to a 20% tax.
- For redemptions after one year, returns exceeding ₹1.25 lakh are taxed at 12.5%.
The fund is under the joint management of Saurabh Kataria, Aakash Manghani, and Mihir Vora, all of whom commenced their roles in July 2026. Its performance is rigorously tracked against the NIFTY Large Midcap 250 Total Return Index.
The TRUSTMF Large & Mid Cap Fund continues to target long-term growth within the dynamic equity segment. It caters to investors prepared for its designated ‘Very High Risk’ profile and specific investment structure.