{"id":251875,"date":"2026-09-17T11:15:46","date_gmt":"2026-09-17T05:45:46","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/"},"modified":"2026-09-17T11:15:46","modified_gmt":"2026-09-17T05:45:46","slug":"trustmf-short-term-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/","title":{"rendered":"TRUSTMF Short Term Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/trustmf-short-term-fund-g-direct-plan\">TRUSTMF Short Term Fund Direct Growth Plan<\/a> is a debt fund with a Balanced Risk profile. Its NAV is \u20b91362.6702 as of 16 Sep 2026, and its AUM is \u20b963 Cr. The fund\u2019s 1-year, 3-year and 5-year returns are 5.41%, 7.13% and 6.17% respectively, which tells us it has been steadier over longer periods than in the most recent year.<\/p>\n<p>Our view is that this fund may suit investors looking for a short-term debt allocation with moderate return potential and a fairly concentrated portfolio. The benchmark has moved less favourably than the fund over most periods, but the fund still shows some short-run softness. That makes it more suitable for investors who value income-oriented stability over fast upside.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_TRUSTMF_Short_Term\" title=\"Should you BUY or HOLD TRUSTMF Short Term?\">Should you BUY or HOLD TRUSTMF Short Term?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_TRUSTMF_Short_Term_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of TRUSTMF Short Term Fund Direct Growth Plan?\">What is the current NAV of TRUSTMF Short Term Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#How_has_the_fund_performed_versus_the_benchmark\" title=\"How has the fund performed versus the benchmark?\">How has the fund performed versus the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_peer_funds_on_returns\" title=\"How does the fund compare with peer funds on returns?\">How does the fund compare with peer funds on returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#What_is_the_minimum_investment_through_SIP\" title=\"What is the minimum investment through SIP?\">What is the minimum investment through SIP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Who_manages_the_fund_and_what_is_the_exit_load\" title=\"Who manages the fund and what is the exit load?\">Who manages the fund and what is the exit load?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/trustmf-short-term-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b91,362.6702 as of 16 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b963 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.23%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>06 Aug 2021<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91,000<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Jalpan Shah, Shradhanjali Panda<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Jalpan Shah and Shradhanjali Panda.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.28%<\/td>\n<td>-4.41%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.45%<\/td>\n<td>-3.60%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>5.41%<\/td>\n<td>-7.76%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.13%<\/td>\n<td>5.74%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.17%<\/td>\n<td>5.67%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Recent numbers look better for the fund than for the benchmark. The 1-month and 3-month periods show the fund holding up while the benchmark was negative, which suggests calmer behaviour in the latest stretch. That kind of relative resilience matters for a short-term debt strategy because it points to less sensitivity to the same market moves that weighed on the benchmark.<\/p>\n<p>The longer view is also constructive. The 3-year return of 7.13% and 5-year return of 6.17% both sit ahead of the benchmark\u2019s 5.74% and 5.67%. That means the fund has done a better job of compounding over medium and long periods than the benchmark reference used here. The gap is not huge, but it is consistent enough to matter.<\/p>\n<p>At the same time, the latest year was weaker than the fund\u2019s own 3-year and 5-year pace. We read that as a reminder that returns have not risen in a straight line. Even with a positive long-run trend, the most recent year shows the fund can still go through softer phases, so investors should judge it on multi-year behaviour rather than one short stretch.<\/p>\n<p>Overall, the pattern looks steadier than the benchmark across the full set of periods, with the recent short-term periods also leaning in the fund\u2019s favour. That combination gives the fund a more balanced profile than the benchmark indicates on its own.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_TRUSTMF_Short_Term\"><\/span>Should you BUY or HOLD TRUSTMF Short Term?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding TRUSTMF Short Term? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/trustmf-short-term-fund-g-direct-plan\">TRUSTMF Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>5.41%<\/td>\n<td>7.13%<\/td>\n<td>6.17%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-ultra-short-term-fund-g-direct-plan\">Tata Ultra Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>7.03%<\/td>\n<td>7.51%<\/td>\n<td>6.76%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-ultra-short-term-fund-g-direct-plan\">Aditya Birla SL Ultra Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.68%<\/td>\n<td>7.48%<\/td>\n<td>6.74%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-short-term-fund-g-direct-plan\">ICICI Pru Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.23%<\/td>\n<td>7.75%<\/td>\n<td>7.11%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-short-term-fund-g-direct-plan\">Axis Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>5.96%<\/td>\n<td>7.74%<\/td>\n<td>6.76%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/mahindra-manulife-short-term-fund-g-direct-plan\">Mahindra Manulife Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>5.86%<\/td>\n<td>7.68%<\/td>\n<td>6.60%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The fund\u2019s 1-year return trails the stronger peer figures in this set, especially Tata Ultra Short Term Fund Direct Growth Plan and Aditya Birla SL Ultra Short Term Fund Direct Growth Plan. The same pattern shows up over 3 years and 5 years, where the fund is behind several peers with available data. That said, the gap is not uniform across all periods, because the fund still stays close to the middle of the pack on a few measures rather than falling sharply away.<\/p>\n<p>The short-term comparison therefore looks softer than the longer-term story. Over 3 years and 5 years, the fund still compounds respectably, but the peer set includes several options with somewhat higher returns on the same horizons. For investors comparing only return history, the trade-off is a slightly gentler recent profile versus peers that have posted stronger gains over both medium and longer periods.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>6.95% REC Limited (18\/02\/2028)<\/td>\n<td>Corporate Debt<\/td>\n<td>15.71%<\/td>\n<\/tr>\n<tr>\n<td>Indian Bank (24\/06\/2027)<\/td>\n<td>Certificate of Deposit<\/td>\n<td>14.97%<\/td>\n<\/tr>\n<tr>\n<td>TREPS 01-Sep-2026<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>13.52%<\/td>\n<\/tr>\n<tr>\n<td>7.35% Export Import Bank of India (27\/07\/2028)<\/td>\n<td>Corporate Debt<\/td>\n<td>10.28%<\/td>\n<\/tr>\n<tr>\n<td>7.48% National Bank for Agriculture and Rural Development (15\/09\/2028)<\/td>\n<td>Corporate Debt<\/td>\n<td>9.47%<\/td>\n<\/tr>\n<tr>\n<td>7.74% LIC Housing Finance Limited (11\/02\/2028)<\/td>\n<td>Corporate Debt<\/td>\n<td>7.91%<\/td>\n<\/tr>\n<tr>\n<td>7.7951% Bajaj Finance Limited (10\/12\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>7.90%<\/td>\n<\/tr>\n<tr>\n<td>6.47% Indian Railway Finance Corporation Limited (30\/05\/2028)<\/td>\n<td>Corporate Debt<\/td>\n<td>7.79%<\/td>\n<\/tr>\n<tr>\n<td>7.20% Power Grid Corporation of India Limited (09\/08\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>6.32%<\/td>\n<\/tr>\n<tr>\n<td>364 Days Tbill (MD 04\/03\/2027)<\/td>\n<td>Treasury Bills<\/td>\n<td>2.69%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 6.95% REC Limited (18\/02\/2028) at 15.71%, so a single credit position may still have a meaningful influence on day-to-day fund behaviour. The second and third holdings are also fairly large, at 14.97% and 13.52%, which tells us the portfolio is not built around one dominant line item but around a cluster of significant positions.<\/p>\n<p>The drop from the top holding to the tenth holding is noticeable, but not abrupt. By the time we reach the tenth position, the weight is 2.69%, so the visible sleeve moves from double-digit allocations into much smaller tickets fairly quickly. That pattern suggests the portfolio is partly concentrated in its largest positions while still carrying a wider supporting set beneath them.<\/p>\n<p>The top 10 holdings account for approximately 96.56% of the portfolio. With 12 total holdings disclosed, this is a relatively compact portfolio, and the disclosed slice leaves limited room for a long tail to offset the influence of the largest names. That concentration may help keep the portfolio focused, but it also means investors should be comfortable with the fact that a small set of positions is likely to matter most.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/trustmf-short-term-fund-g-direct-plan\">TRUSTMF Short Term Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may fit investors who can accept a Balanced Risk profile and want debt exposure with a focus on multi-year steadiness rather than sharp short-term gains. The 1-year return is weaker than the 3-year and 5-year figures, so the fund looks better suited to a horizon long enough to ride through softer patches. Its returns have generally held up better than the benchmark across the same periods, which supports its case as a more stable debt-style holding.<\/p>\n<p>Investors who prefer a compact portfolio and are comfortable with a few large positions may find the structure acceptable. The main trade-off is that the fund has delivered respectable compounding, but not in a straight line, and the recent year has been less convincing than the longer run. That makes it more appropriate for investors seeking measured debt returns and who do not need the most aggressive recent upside among comparable options.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_TRUSTMF_Short_Term_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of TRUSTMF Short Term Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b91362.6702 as of 16 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-year return is 5.41%, its 3-year return is 7.13%, and its 5-year return is 6.17%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_performed_versus_the_benchmark\"><\/span>How has the fund performed versus the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund has done better than the benchmark across the main periods shown here. It is also steadier in the short term, with positive recent returns while the benchmark periods are negative.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_peer_funds_on_returns\"><\/span>How does the fund compare with peer funds on returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund trails several peer options on the 1-year, 3-year and 5-year figures shown here. The gap is not extreme, but other peer funds in the list have posted stronger returns on the same horizons.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_investment_through_SIP\"><\/span>What is the minimum investment through SIP?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b91000.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund_and_what_is_the_exit_load\"><\/span>Who manages the fund and what is the exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Jalpan Shah and Shradhanjali Panda. There is no exit load.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>TRUSTMF Short Term Fund Direct Growth Plan has a steadier longer-term record than its latest year suggests. It has also held up better than the benchmark across the periods shown, although several peer funds have delivered stronger returns on the same horizons. The portfolio is fairly compact, with a small set of larger positions carrying meaningful weight. For investors who want a debt fund with measured return potential and are comfortable with moderate risk, it is a reasonable candidate to study on a multi-year basis.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 17 September 2026 at 11:15 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"TRUSTMF Short Term Fund Direct Growth Plan\",\"identifier\":\"trustmf-short-term-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"06 Aug 2021\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":1362.6702,\"valueReference\":\"as of 16 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"63 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.23\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":5.41},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.13},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.17},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Jalpan Shah, Shradhanjali Panda\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of TRUSTMF Short Term Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b91362.6702 as of 16 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year return is 5.41%, its 3-year return is 7.13%, and its 5-year return is 6.17%.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed versus the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund has done better than the benchmark across the main periods shown here. It is also steadier in the short term, with positive recent returns while the benchmark periods are negative.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with peer funds on returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund trails several peer options on the 1-year, 3-year and 5-year figures shown here. The gap is not extreme, but other peer funds in the list have posted stronger returns on the same horizons.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum investment through SIP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b91000.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Jalpan Shah and Shradhanjali Panda. There is no exit load.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRUSTMF Short Term Fund Direct Growth Plan has a \u20b91362.6702 NAV as of 16 Sep 2026, 5.41% 1Y return, 7.13% 3Y return and 6.17% 5Y return.<\/p>\n","protected":false},"author":38,"featured_media":251870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-251875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["251870"],"rank_math_title":["TRUSTMF Short Term Fund NAV, Returns &amp; Review"],"rank_math_description":["TRUSTMF Short Term Fund Direct Growth Plan has a \u20b91362.6702 NAV and 5.41% 1Y return as of 16 Sep 2026."],"rank_math_focus_keyword":["TRUSTMF Short Term Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/TRUSTMF_Short_Term_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/251875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=251875"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/251875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/251870"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=251875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=251875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=251875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}