Fundalysisby DARKHORSESTOCKS

Scheme

TRUSTMF Flexi Cap Fund

Holds 59 companies worth ₹928 Cr in Sept 2026.

  • Fund house

    TRUSTThe fund house that runs this scheme.

  • AUM

    ₹1,006 CrTRUSTMF Flexi Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.4% on Aug 2026, ₹1,042 Cr.

  • Largest holding

    ICICI BankICICI Bank is 6.2% of this scheme's NAV.

  • Fund manager

    Aakash ManghaniRuns its co-manager part since 26 Apr 2024, as the fund house dates it. With Mihir Vora (co-manager), Saurabh Kataria (co-manager).

Overview(8 Oct 2026)

Fund managers3

  1. Aakash ManghaniCo-manager · Apr 2024 · 16y · MBA B.E.
  2. Mihir VoraCo-manager · Apr 2024 · 31y · CFA PGDM B.E.
  3. Saurabh KatariaCo-manager · Apr 2026 · 20y · MBA

    Key facts

    Benchmark
    Nifty 500 TRI
    Risk
    Very High
    Expense
    Regular 3.21% · Direct 1.77%
    Exit load
    1% within 180 days
    Started
    26 Apr 2024
    Minimum
    ₹1,000

    Source.Its Scheme Summary Document as of 8 Oct 2026 at AMFI.

    What changed(1 change)

    Sept 2026

    1 change
    1. Expense ratio
      29 SeptRegular 3.26% → 3.21%Direct 1.83% → 1.77%

    Source.Its filings at NSE, since Aug 2026.

    Fund managers over time(Apr 2024 – now)

    1. Aakash Manghani
    2. Mihir Vora
    3. Saurabh Kataria
    MainCoSlice20252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Aug 2026 – Oct 2026)

    Every change to the expense ratio, newest first.
    2 changesRegularDirectΔ pt
    29 Sept 20263.21%1.77%0.06
    30 Aug 20263.26%1.83%–
    Direct plan, 29 Sept 2026
    1.77%
    Regular plan 3.21% · Exit load 1% within 180 days
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(8 Oct 2026)

    Objective

    To provide long-term growth in capital and income to investors, through active management of investments in a diversified portfolio of equity and equity-related securities across the entire market capitalization spectrum and in debt and money market instruments. There is no assurance or guarantee that the investment objective of the Scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open-ended dynamic equity scheme investing across Large cap, Mid cap, Small cap stocks
    Benchmark
    Nifty 500 TRI

    Asset allocation it may hold

    Equity & equity related instruments of large cap, midcap and smallcap companies - 65 to 100; Money Market Instruments, Other Liquid Instruments, Gold & Silver Instruments, Cash & Cash Equivalents - 0 to 35; Units issued by InvITs - 0 to 10

    How to invest(8 Oct 2026)

    Buying

    To start
    ₹1,000, then any amount thereafter
    To add
    ₹1,000, then any amount thereafter
    Systematic
    SIP - Monthly Quarterly, Weekly&Fortnightly
    Dates
    SIP - Weekly - 1st, 8th, 15th & 22nd of every month , Fortnightly - 1st and 16th of every month, Monthly and Quarterly - Any date (from 1st to 28th)
    Minimum
    SIP - Rs. 1000/-, then any amount thereafter
    Instalments
    SIP - Monthly - 6 instalments ; Quarterly - 4 instalments ; Fortnightly - 12 ; Weekly - 24

    Selling and switching

    To redeem
    Nil or Nil units
    Switch minimum
    ₹1,000
    Switch multiples
    Any amount thereafter

    Scheme details(8 Oct 2026)

    What it is

    Category
    Flexi Cap Fund
    Offer
    5 Apr 2024 to 20 Apr 2024
    Started
    26 Apr 2024
    Reopened
    29 Apr 2024
    Plans
    Regular - Growth · Regular - IDCW Reinvestment · Regular - IDCW Payout · Direct - Growth · Direct - IDCW Reinvestment · Direct - IDCW Payout
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    AMC shall adopt mandatory swing pricing during periods of market dislocation as prescribed by SEBI. Currently, the same is not applicable to the scheme.
    Side-pocketing
    Frequency: SIP - Weekly,Fortnightly,Quarterly & Monthly Minimum amount: SIP - Rs. 1000/- In multiple of: Any amount thereafter Minimum Instalments: SIP - Monthly - 6 instalments ; Quarterly - 4 instalments ; Fortnightly - 12 ; Weekly - 24 Dates: SIP - Weekly - 1st, 8th, 15th & 22nd of every month , Fortnightly - 1st and 16th of every month, Monthly and Quarterly - Any date (from 1st to 28th) Maximum Amount (if any): N.A.
    Custodian
    Deutsche Bank AG (w.e.f. 28th February 2026)
    Auditor
    Haribhakti & Co. LLP
    Registrar
    KFin Technologies Limited
    SEBI code
    TRUS/O/E/FCF/23/12/0010