Trust Mutual Fund

TRUST AMC, a branch of the financial giant TRUST Group, is one of India’s most successful money management firms. Listed as a private limited company, it was incorporated on 12 December 2017. It is a non-government company specializing in building investment portfolios for clients. 

Best Trust Mutual Funds

Fund Name
Fund Size (in Cr)
1Y Returns
3Y Returns
5Y Returns
TRUSTMF Liquid Fund Debt 2 192 4.6 - -
TRUSTMF Short Term Fund Debt - 115 3.5 - -
TRUSTMF Overnight Fund Debt - 126 - - -
TRUSTMF Money Market Fund Debt - 278 - - -
TRUSTMF Banking & PSU Debt Fund Debt 2 415 2.2 - -

One of the most admirable aspects of TRUST AMC is its commitment to transparency when it comes to creating and managing schemes. With adept financial researchers consistently examining the market trends, rest assured, the investment processes are genuinely reliable. Also, since instability is the very essence of the market, TRUST always strives to provide risk-adjusted returns to its investors. 

As of 31 March 2021, the company manages 613.12 crores and is established across 5 locations. Its authorized share capital is ₹850,000,000, and its paid-up capital is ₹700,000,000. Trust Asset Management Private Limited’s Corporate Identification Number is (CIN) U65929MH2017PTC302677, and its registration number is 302677.

Trust AMC Ltd Key Information

Asset Management Company Name Trust Asset Management Private Limited
Company Status Active
Date of Incorporation 12 December 2017
Sponsored by Trust Investment Advisors Private Limited (TIAPL) 
Trustee Name TRUST AMC Trustee Private Limited 
Name of trustees Mr. Ameet Hariani (Independent Director)

Mr. Ragunathan Kannan (Independent Director)

Mr. Sanjeev Maheshwari (Independent Director)

Mr. Abhishek Kedia (Associate Director)

Chief Executive Officer Mr. Sandeep Bagla
Auditor M/s Haribhakti & Co. LLP

Chartered Accountants

Regd Off: 705, Leela Business Park,

Andheri Kurla Road, Andheri (E),

Mumbai – 400 059

Registered Office  801, 8th floor, G Block, Nama

Trust Mutual Fund Managers

The fund managers at Trust Asset Management Private Limited are well versed with market patterns as research and analysis occupy the highest priority level. Depending on the client’s requirements, schemes are drafted according to the declared risk parameters. Thus, the fund managers choose the right set of securities for investors. 

1. Mr. Utpal Hemendra Sheth

Mr. Utpal Sheth is the founder and mentor of Trust Group, one of India’s prime finance management firms. Apart from this, he also serves as the CEO and Senior partner of RARE Enterprises, a proprietary asset management firm with AUM exceeding $1Bn, and co-manages Chanakya Wealth Creation. With vast experience in assets and securities management, he has previously assumed the roles of Principal Relationship Manager with Enam Financial Consultants, Director at HRS Insight Financial Intermediaries, CEO with Insight Asset Management, and Head of Research at ASK Financial Consultants. Holding directorships in multiple publicly listed companies, he has also contributed to the education domain by visiting faculty for Capital Market-related courses in numerous business schools and institutions.

2. Ms. Nipa Sheth

Ms. Nipa Sheth is the founder and Director of Trust Group, one of the key players in the wealth management industry of India. Utilizing her rich background in market analysis, she serves as a member on various committees, including the HR Khan Committee Round table on developing the corporate bond market, Advisory Board – NSE, and ASSOCHAM National Council on Capital Market. With the help of her commendable guidance and mentorship, TRUST Group has won the prestigious IFR Asia’s India Bond House for the years 2014 and 2017.

3. Mr. Hemant M. Nerurkar

Mr. Nerurkar was associated with Tata Steel for more than 35 years. After joining the company in 1972, he gained immense experience in the managing sector, eventually becoming the Managing Director in India and South East Asia Operations. He currently oversees much of the operations at Tata as the Chairman of the Board of Directors in TRL Krosaki Refractories Limited (formerly Tata Refractories Limited – a JV company of Tata Steel and Krosaki Harima Corporation, Japan) and NCC Ltd (formerly Nagarjuna Construction Company Limited). Besides the roles mentioned above, he fulfills other directorial duties at Tega Industries, Adani Enterprises Ltd., Skill Council for Mining Sector, Crompton Greaves Consumer Electricals Ltd, DFM Foods Limited, etc. Possessing expansive knowledge in the field of finance and management has helped him achieve prestigious accolades, including CEO with HR orientation by Star New and Asia’s Best Employer Brand Awards, Best CEO of the Year Award – 2011 conferred by Indian Institute of Materials Management, and “Icons of Maharashtra” award by the CBD Foundation.

4. Mr. Rajeev Agarwal

Mr. Agarwal has profuse experience in taxation, securities markets, and commodities markets. His most prominent roles were as the Whole Time Member of SEBI for 5 years, along with being the Commissioner of the Regulatory Commission. Apart from this, he was associated with the investigation and enforcement divisions of the Indian Revenue Service, participating in quite a few policy reforms in security instruments such as Mutual Funds, AIFs, Foreign Portfolio Investors, International Affairs, Market Intermediaries, Legal and Surveillance affairs. He was engaged in Indo-US Economic and Financial form at an international platform. On a consultative front, he guides Indian startups about regulatory issues, administration, and funding. He is an active advisory to domestic corporates and a few global firms that want to achieve a better understanding of the Indian market. 

5. Mr. Anand Nevatia

He is the fund manager for the Fixed Income schemes at Trust Asset Management. He has worked with the Trust Group across different departments and roles for about two decades.

Some areas he has served in include Research & Analysis, Advisory Services, and Portfolio Strategies. Before taking up this role at Trust AMC, he managed the Fixed Income Portfolio Management Services.

How to Invest in Trust Mutual Fund?

Investing in Trust mutual fund is extremely simple and straightforward with 5Paisa. It is one of India’s biggest online investment platforms and provides a hassle-free, quick way to add Trust and other mutual fund investments to your portfolio.

Getting started with mutual fund investment takes only a few steps, as mentioned below:

Step 1: To invest in Trust mutual fund with 5Paisa, go to and log in to your account. If you haven’t yet registered for an account with the platform, you can create it instantly by clicking on this link. Registering for an account on 5Paisa is quite simple and quick. Alternatively, you can download and install the 5Paisa app on your iOS or Android smartphone and log in to the platform from your device.

Step 2: Once you log in, you can see various investment options with different payment methods and amounts. You can either choose from these options or search for Trust mutual fund to see the schemes from the AMC.

Step 3: Go through the mutual fund options available from the fund house and pick the one that suits your financial goals, risk appetite, and other preferences well.

Step 4: After selecting your Trust mutual fund scheme, you will be asked to select between ‘SIP’ and ‘lump sum’. Select one of the two options as per your preferences and proceed.

Step 5: In the next step, enter the amount you want to put in the fund and hit the ‘Invest Now’ button. The platform then takes you through the payment process to complete your order.

Step 6: You can choose to pay for your investment from your ledger if you have added money to it. Alternatively, you can set up an autopay mandate using net banking or UPI payment methods. Once you select the preferred payment method, you are guided through the process with step-by-step instructions.

As the payment is completed, your order for Trust mutual fund is placed on 5Paisa. The mutual fund can take 3-4 working days to reflect in your account. If you are investing in SIP, the instalment amount gets automatically deducted from your account every month starting from the day you make the first payment.

Top Trust Mutual Funds to Invest

Let us look at the four Trust mutual fund investment options available to investors.


TRUSTMF Liquid Fund

This is an open-ended liquid debt scheme with comparatively low credit risk and low-interest rate risk, ideal for investors looking for consistent income over the short term. The open-ended mutual fund aims to provide reasonable returns at high levels of liquidity and safety through a portfolio of high-quality money market and debt instruments.

  • Category: Liquid Funds
  • Scheme Type: Debt
  • NAV: 1045.83 as of 25/07/2022
  • AUM: INR 210.76 crore
  • Inception Date: 23/04/2021
  • Fund Manager: Anand Nevatia
  • Benchmark: CRISIL Liquid Fund Index
  • SIP (Minimum Amount): INR 1000/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 1000/-
Min Investment Amt ₹1,000
AUM ₹192 Cr
1Y Returns 4.6%

TRUSTMF Short Term Fund

The Short Term fund from TrustMF is an open-ended debt scheme that aims to provide investors with good returns over the short term. It accomplishes this through a portfolio focused on investing in debt instruments from selected Sovereign and AAA securities.

It focuses on taking advantage of opportunities emerging in the early stages of growth. It is based on a portfolio strategy where its Macaulay duration is between 1 and 3 years. The fund has low credit risk and moderate interest rate risk.

  • Category: Short Duration Funds
  • Scheme Type: Debt
  • NAV: 1029.98 as of 25/07/2022
  • AUM: INR 168.93 crore
  • Inception Date: 09/08/2021
  • Fund Manager: Anand Nevatia
  • Benchmark: CRISIL Short Term Bond Fund Index
  • SIP (Minimum Amount): INR 1000/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 1000/-
Min Investment Amt ₹1,000
AUM ₹115 Cr
1Y Returns 3.5%

TRUSTMF Overnight Fund

This debt fund aims to deliver returns in line with overnight money market rates and offer optimum liquidity with minimum volatility. The fund achieves its objective by investing in overnight securities having a maturity period of one business day. The scheme is suitable for investors seeking consistent income over a short term of 1-7 days.

  • Category: Overnight Funds
  • Scheme Type: Debt
  • NAV: 1020.18 as of 25/07/2022
  • AUM: INR 106.54 crore
  • Inception Date: 19/01/2022
  • Fund Manager: Anand Nevatia
  • Benchmark: CRISIL Overnight Index
  • SIP (Minimum Amount): INR 1000/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 1000/-
Min Investment Amt ₹1,000
AUM ₹126 Cr
1Y Returns -%

TRUSTMF Banking & PSU Debt Fund

This debt fund focuses on investing in the money market and debt securities issued by Public Sector Undertakings (PSUs), Banks, Municipal bonds, and Public Financial Institutions (PFIs). It is an open-ended scheme with comparatively low credit risk and high-interest rate risk and is ideal for investors seeking consistent income over the short to medium term.

  • Category: Banking and PSU Funds
  • Scheme Type: Debt
  • NAV: 1048.28 as of 25/07/2022
  • AUM: INR 477.24 crore
  • Inception Date: 02/02/2021
  • Benchmark: CRISIL Banking & PSU Debt Index
  • Fund Manager: Anand Nevatia
  • SIP (Minimum Amount): INR 1000/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 1000/-
Min Investment Amt ₹1,000
AUM ₹415 Cr
1Y Returns 2.2%

Frequently Asked Questions

Yes, Trust mutual fund schemes are good for investors looking for capital appreciation over the medium to long term. The AMC offers funds to suit various investment horizons, risk levels, and financial goals. It also adopts effective portfolio strategies to ensure good returns with minimum risk.

Trust AMC offers four schemes across various categories, including equity, debt, and hybrid mutual funds, to cater to investors with varying risk profiles and objectives.

Trust currently offers four mutual fund schemes to choose from. However, not all these funds suit every investor. Every fund has its objective and investment horizon and suits investors with different risk tolerance levels. You should analyze how much risk you can take and select the fund that aligns well with your investment horizon, financial goals, and risk appetite.

Investing in Trust mutual fund schemes is easy with the 5Paisa platform as it makes the process hassle-free and straightforward. You can also invest in the fund through online portals or the Trust AMC website. It is also possible to visit the fund house office to fill out a form for investment.

Yes, increasing the amount of SIP in Trust mutual fund is possible. If you haven’t already started investing in the SIP, you can use the top-up option to increase the amount to boost returns. If you have already put in money in the SIP, you can choose to stop the existing one and start a new SIP with the desired amount. You can even start a new SIP in the same fund with the extra amount and have two SIPs.

A Trust mutual fund SIP can be stopped by using an online or offline method. You can visit a branch of Trust AMC physically to place a request for stopping or get it done through an advisor. To do it online, you can log on to the official website and request to stop the SIP. You can also do it from an online portal like 5Paisa.

To withdraw your mutual fund in Trust AMC, you can either submit a request at the company’s nearest office or ask an advisor to do it for you. It is also possible to redeem your investment online through investing platforms like 5Paisa or by visiting the fund house’s official website. Once withdrawn, the amount can take 2-3 working days to reflect in your account.

The amount you should put in Trust mutual fund SIP depends on the tenure of the investment and the risk involved in the scheme. You should analyze these aspects to decide the right amount suitable for your risk appetite and financial goals.

No, you don’t necessarily require a DEMAT account to invest in Trust mutual fund with 5Paisa. You can download and install the 5Paisa trading app on your smartphone to open a mutual fund account and start investing in schemes of your choice.

5Paisa is an online investment platform that allows you to invest in Trust mutual funds and other investments at zero commission. Moreover, investing in mutual funds with 5Paisa is completely safe and hassle-free. It provides several other benefits like transparency on the liquidity, flexibility with a wide range of options, and low minimums starting at just INR 100, among other things.

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