--- title: TRUSTMF Multi Cap Fund canonical_url: https://sanchaykaro.com/trustmf-multi-cap-fund/ last_updated: 2026-04-25T11:25:24+00:00 plugin_version: 1.2.1 --- # TRUSTMF Multi Cap Fund TRUSTMF Multi Cap Fund ---------------------- Launched on **June 30, 2025**, the TRUSTMF Multi Cap Fund is an open-ended equity scheme managed by TRUST Mutual Fund. The fund is benchmarked to the **NIFTY 500 Multi Cap 50:25:25 Total Return Index**, reflecting its commitment to balanced market-cap representation. FeatureDirect PlanRegular Plan**Launch Date**June 30, 2025June 30, 2025**AUM (Assets Under Management)**₹373–₹385 Crore₹373–₹413 Crore**Expense Ratio**0.50%2.35%**NAV (as of April 13, 2026)**₹10.20₹9.94–₹10.16**Minimum Lumpsum**₹1,000₹1,000**Minimum SIP**₹1,000₹1,000**Exit Load**1% if redeemed within 180 days1% if redeemed within 180 days**Riskometer**Very HighVery High*Sources: The Financial Express, Moneycontrol, Value Research, Angel One, Economic Times, Scripbox, ICICI Direct* ### 📂 Mandated Asset Allocation The fund follows SEBI's multi-cap mandate strictly: Asset ClassAllocation Range**Large-Cap Stocks**Minimum 25%**Mid-Cap Stocks**Minimum 25%**Small-Cap Stocks**Minimum 25%**Debt & Money Market Instruments**Up to 25%### 💼 Fund Managers The fund is managed by **Mihir Vora** and **Aakash Manghani**, both of whom have been at the helm since the fund's launch. With decades of combined experience in equity markets, they bring a disciplined, research-driven approach to stock selection. ### 📈 Investment Strategy The fund follows a **"structured diversification"** approach, aiming to pick 40–60 potential high-growth stocks at reasonable valuations across market segments. The investment objective is to generate long-term capital appreciation by predominantly investing in a diversified portfolio of equity and equity-related instruments across large, mid, and small-cap stocks. This disciplined allocation across market caps aims to blend stability, growth, and innovation while minimizing timing biases. ### 🏭 Top Holdings & Sector Allocation As of the latest available data, the fund holds 65 stocks across sectors. Some of the top holdings include: HoldingSectorAllocation**HDFC Bank Ltd.**Financial4.20%**Reliance Industries Ltd.**Energy3.96%**Muthoot Finance Ltd.**FinancialIncluded in holdings*Sources: Groww, Citywire* ### 📉 Risk Metrics For the Regular Plan, the fund has the following risk parameters: ParameterValue**Standard Deviation**~13.80**Beta**~0.95**Portfolio Turnover**~82.97%*Source: Moneycontrol* **Understanding these metrics:** - **Standard Deviation (13.80)**: Measures volatility. A value of ~13.80 indicates moderate to high fluctuation—typical for a multi-cap fund given the small-cap component. - **Beta (0.95)**: Slightly less volatile than the benchmark (NIFTY 500 Multi Cap 50:25:25 TRI), offering modest downside protection. - **Portfolio Turnover (82.97%)**: Indicates active management, with the fund managers regularly rebalancing the portfolio to capture opportunities. ### 📊 Performance Overview PeriodTRUSTMF Multi Cap FundBenchmark / Category**Since Launch (Jun 2025)**~1.80%—**1 Month**~5.57%—**3 Months**-2.43%—*Sources: ICICI Direct, Paytm Money* > ⚠️ **Important Note**: The fund has been in operation for less than a year. Long-term investors should evaluate the fund based on their own risk tolerance and investment horizon rather than short-term fluctuations. > > [[National Pension Scheme](https://sanchaykaro.com/national-pension-scheme/)](https://sanchaykaro.com/national-pension-scheme/)--- > > ## 💰 Taxation of TRUSTMF Multi Cap Fund > > Since the TRUSTMF Multi Cap Fund is an equity-oriented fund (with at least 65% invested in equity), the taxation rules are as follows: > > Holding PeriodTax RateKey Details**Short-term (<12 months)**20%Entire capital gain is taxable at 20%**Long-term (≥12 months)**12.5%Gains up to ₹1.25 lakh in a financial year are tax-free; gains above ₹1.25 lakh are taxed at 12.5%*Source: ET Money* > > **Key Points to Remember:** > > - No tax is payable as long as you continue to hold the units. > - TDS is generally not deducted on capital gains from equity mutual funds; investors are responsible for reporting gains in their income tax returns. > - Dividends, if any, are added to the investor's income and taxed according to their income tax slab rate, with TDS applicable if the dividend exceeds ₹5,000 per financial year. > *Note: Tax laws are subject to change. Please consult your tax advisor before making investment decisions.* > > --- > > ## ⚖️ Understanding the Risks > > Multi-cap funds carry a **Very High** risk rating as per SEBI's riskometer. Here's what you should be prepared for: > > - **Moderate to High Volatility**: With 50% of the portfolio in mid and small caps (25% each), the fund can experience sharp fluctuations during market corrections. > - **Active Management Risk**: The fund's performance depends on the skill of the fund managers in selecting the right stocks across segments. > - **Short Track Record**: Launched in June 2025, the fund has less than one year of performance history, making it a relatively new player in the multi-cap category. > **Who Should Consider This Fund?** > > - Investors with a **long-term horizon of 5+ years** > - Those seeking **built-in diversification** across all market caps in a single fund > - Moderate-to-aggressive risk takers comfortable with market fluctuations > - Investors looking to **avoid market timing** while maintaining balanced exposure > **This fund may not be suitable for:** > > - Short-term investors (less than 3–5 years) > - Those seeking capital protection or guaranteed returns > - Conservative investors uncomfortable with "Very High" risk > --- > > ## 📱 How to Invest with the Sanchaay Karo App > > The **Sanchaay Karo app** is an AI-powered mutual fund investment platform designed to help everyday Indians build long-term wealth without complications. The app eliminates the confusion of choosing from hundreds of funds by providing smart, goal-based recommendations. > > ### 🚀 Key Features of Sanchaay Karo > > FeatureBenefit**Smart Fund Suggestions**Answer a few quick questions and get a portfolio tailored to your needs—instantly**Goal-Based Investing**Plan for a home, your child's education, or retirement. Sanchaay Karo aligns your goals with the right investment path**Simple Portfolio Tracking**Clear summaries and easy insights without clutter or complex charts**Stay On Track**Get timely reminders and alerts to keep your SIPs running and your goals progressing**Expert-Backed Approach**Designed using proven investment frameworks and secure technology**SEBI-Compliant & Secure**Invest safely through trusted, registered platforms and leading fund houses### 📝 Step-by-Step Investment Guide > > **Step 1: Download the Sanchaay Karo App** > > - [**Android (Google Play)**](https://play.google.com/store/apps/details?id=com.rrabbit.sanchaykaro) > - [**iPhone (App Store)**](https://apps.apple.com/in/app/sanchay-karo/id6755289848) > - [**Landing Page**](https://apirrabbit.com/api/v1/master/LandingPage?arn=ARN-301757) > **Step 2: Complete Your Digital KYC** > Complete your KYC process inside the app using your PAN and Aadhaar. The app guides you through this process, which can be completed entirely online. > > **Step 3: Answer a Few Questions** > Share details about your financial goals, risk appetite, and investment horizon. The app instantly provides a personalised portfolio tailored to your needs. > > **Step 4: Select the Fund** > Search for **TRUSTMF Multi Cap Fund** and choose between Direct Plan (lower expense ratio of 0.50%) or Regular Plan (with distributor support). > > **Step 5: Choose Your Investment Mode** > > ModeMinimum AmountBest For**Lumpsum**₹1,000One-time investment when you have surplus cash**SIP**₹1,000Regular monthly savings to benefit from rupee-cost averaging**Step 6: Start Investing** > Enter the investment amount and complete the transaction via UPI, Net Banking, or Debit Card. > > **Step 7: Track Your Portfolio** > Monitor your investment performance through the app's clean dashboard and receive timely reminders to keep your SIPs running. > > --- > > ## 🔚 Final Thoughts > > The TRUSTMF Multi Cap Fund offers a unique proposition: **mandated diversification across all market segments** with no room for the fund manager to deviate. With a minimum of 25% each in large, mid, and small caps, you get a balanced portfolio in a single fund. Launched in June 2025, the fund is managed by experienced professionals, Mihir Vora and Aakash Manghani, and has a low entry barrier of just ₹1,000. > > The **Sanchaay Karo app** simplifies the entire investment process—from AI-powered portfolio suggestions to goal-based planning and seamless tracking. Whether you are new to investing or planning for a major life goal, the app keeps everything simple, guided, and stress-free. > > **Download the Sanchaay Karo app today and give your portfolio the power of complete market-cap diversification.** > > --- > > *Disclaimer: This blog is for educational purposes only and does not constitute investment advice. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance does not guarantee future returns. The TRUSTMF Multi Cap Fund is a market-linked product and does not assure or guarantee any returns. Consider your risk tolerance and consult with a financial advisor before making investment decisions.*