TRUSTMF Flexi Cap Fund

Trust Mutual FundEquityPortfolio as of 31 July 2026

TRUSTMF Flexi Cap Fund holds 68 instruments (95.17% equity), led by ICICI Bank Limited (6.61%), Bajaj Finance Limited (3.55%) and Shriram Finance Limited (3.35%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

95.17%

AMC

Trust Mutual Fund

Portfolio Analysis

TRUSTMF Flexi Cap Fund's top 10 holdings account for 31.41% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 29.58% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 25 new positions and exited 25 positions, with HDFC Bank Limited seeing the largest move (-3.83pp to 1.88%).

Top 10 Equity Holdings

ICICI Bank Limited · 6.61%Bajaj Finance Limited · 3.55%Shriram Finance Limited · 3.35%Titan Company Limited · 3.05%ETERNAL LIMITED · 3.02%Diamond Power Infrastructure Limited · 2.85%Dixon Technologies (India) Limited · 2.42%Lenskart Solutions Limited · 2.31%Larsen & Toubro Limited · 2.2%Muthoot Finance Limited · 2.05%

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

25 new entries25 exits10 increased10 reduced

New Entries

Diamond Power Infrastructure Limited · 2.85%Dixon Technologies (India) Limited · 2.42%Physicswallah Limited · 1.7%Kalyan Jewellers India Limited · 1.26%Bharat Dynamics Limited · 1.22%RBL Bank Limited · 1.16%Divi's Laboratories Limited · 1.1%Gabriel India Limited · 1.07%Dalmia Bharat Limited · 1.05%Zen Technologies Limited · 1.05%SKY GOLD AND DIAMONDS LIMITED · 1.05%Tata Motors Limited · 1.03%Eicher Motors Limited · 1.02%Minda Corporation Limited · 1.01%National Aluminium Company Limited · 1.01%JSW Infrastructure Limited · 1%One 97 Communications Limited · 1%Info Edge (India) Limited · 0.99%Lodha Developers Limited · 0.98%Aurobindo Pharma Limited · 0.97%Bharat Heavy Electricals Limited · 0.96%Data Patterns (India) Limited · 0.91%Kirloskar Oil Engines Limited · 0.89%L&T Finance Limited · 0.86%Paras Defence and Space Technologies Limited · 0.85%

Complete Exits

Reliance Industries Limited · was 3.18%Varun Beverages Limited · was 1.86%Adani Ports and Special Economic Zone Limited · was 1.61%Persistent Systems Limited · was 1.56%Cummins India Limited · was 1.39%Cemindia Projects Limited · was 1.34%Fractal Analytics Limited · was 1.32%GE Vernova T&D India Limited · was 1.22%Navin Fluorine International Limited · was 1.12%Indus Towers Limited · was 1.1%Torrent Pharmaceuticals Limited · was 1.1%Acutaas Chemicals Limited · was 1.05%Tech Mahindra Limited · was 1.03%Cholamandalam Investment and Finance Company Limited · was 1.02%Sun Pharmaceutical Industries Limited · was 1.01%Max Financial Services Limited · was 0.91%Ather Energy Limited · was 0.84%Belrise Industries Limited · was 0.82%ICICI Prudential Asset Management Company Limited · was 0.82%Vedanta Limited · was 0.8%Marico Limited · was 0.75%SRF Limited · was 0.73%Max Healthcare Institute Limited · was 0.73%Sharda Cropchem Limited · was 0.27%Vedanta Aluminium Metal Limited · was 0.14%

Biggest Weight Increases

Stock	Weight	Change
Bajaj Finance Limited	1.2% → 3.55%	▲ +2.35
Shriram Finance Limited	1.07% → 3.35%	▲ +2.28
ETERNAL LIMITED	0.84% → 3.02%	▲ +2.18
Titan Company Limited	2.01% → 3.05%	▲ +1.04
Billionbrains Garage Ventures Limited	0.87% → 1.65%	▲ +0.78
TVS Motor Company Limited	0.69% → 1.3%	▲ +0.61
Larsen & Toubro Limited	1.66% → 2.2%	▲ +0.54
Muthoot Finance Limited	1.54% → 2.05%	▲ +0.51
Honasa Consumer Limited	0.83% → 1.31%	▲ +0.48
Clean Max Enviro Energy Solutions Limited	1.47% → 1.84%	▲ +0.37

Biggest Weight Reductions

Stock	Weight	Change
HDFC Bank Limited	5.71% → 1.88%	▼ -3.83
Axis Bank Limited	2.26% → 0%	▼ -2.26
BSE Limited	2.46% → 0.98%	▼ -1.48
Solar Industries India Limited	2.25% → 0.87%	▼ -1.38
Bharat Electronics Limited	2.06% → 0.9%	▼ -1.16
Multi Commodity Exchange of India Limited	2.2% → 1.17%	▼ -1.03
Bharti Airtel Limited	2.93% → 1.93%	▼ -1
State Bank of India	2.07% → 1.13%	▼ -0.94
Radico Khaitan Limited	2.17% → 1.5%	▼ -0.67
Fortis Healthcare Limited	1.6% → 0.95%	▼ -0.65

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

ICICI Bank Limited

6.61%

Bajaj Finance Limited

3.55%

Shriram Finance Limited

3.35%

Titan Company Limited

3.05%

ETERNAL LIMITED

3.02%

Full Portfolio (68 holdings)

#	Holding	Sector	% to NAV
1	ICICI Bank Limited	Financial Services	6.61%
2	TREPStreps	—	4.69%
3	Bajaj Finance Limited	Financial Services	3.55%
4	Shriram Finance Limited	Financial Services	3.35%
5	Titan Company Limited	Consumer Discretionary	3.05%
6	ETERNAL LIMITED	Consumer Discretionary	3.02%
7	Diamond Power Infrastructure Limited	Industrials	2.85%
8	Dixon Technologies (India) Limited	Consumer Discretionary	2.42%
9	Lenskart Solutions Limited	Consumer Discretionary	2.31%
10	Larsen & Toubro Limited	Industrials	2.2%
11	Muthoot Finance Limited	Financial Services	2.05%
12	Bharti Airtel Limited	Telecommunication	1.93%
13	The Federal Bank Limited	Financial Services	1.92%
14	HDFC Bank Limited	Financial Services	1.88%
15	Clean Max Enviro Energy Solutions Limited	Utilities	1.84%
16	Coforge Limited	Information Technology	1.82%
17	Laurus Labs Limited	Healthcare	1.8%
18	Physicswallah Limited	Consumer Discretionary	1.7%
19	Billionbrains Garage Ventures Limited	Financial Services	1.65%
20	Infosys Limited	Information Technology	1.5%
21	Radico Khaitan Limited	Consumer Staples	1.5%
22	Sansera Engineering Limited	Consumer Discretionary	1.45%
23	Nippon Life India Asset Management Limited	Financial Services	1.41%
24	Mahindra & Mahindra Limited	Consumer Discretionary	1.38%
25	Shaily Engineering Plastics Limited	Consumer Discretionary	1.33%
26	Honasa Consumer Limited	Consumer Staples	1.31%
27	TVS Motor Company Limited	Consumer Discretionary	1.3%
28	Onesource Specialty Pharma Limited	Healthcare	1.29%
29	Kalyan Jewellers India Limited	Consumer Discretionary	1.26%
30	Hindustan Zinc Limited	Materials	1.25%
31	Bharat Dynamics Limited	Industrials	1.22%
32	Multi Commodity Exchange of India Limited	Financial Services	1.17%
33	RBL Bank Limited	Financial Services	1.16%
34	State Bank of India	Financial Services	1.13%
35	Bharat Forge Limited	Consumer Discretionary	1.13%
36	Divi's Laboratories Limited	Healthcare	1.1%
37	Gabriel India Limited	Consumer Discretionary	1.07%
38	Dalmia Bharat Limited	Materials	1.05%
39	Zen Technologies Limited	Industrials	1.05%
40	SKY GOLD AND DIAMONDS LIMITED	Consumer Discretionary	1.05%
41	Tata Motors Limited	Industrials	1.03%
42	Eicher Motors Limited	Consumer Discretionary	1.02%
43	National Aluminium Company Limited	Materials	1.01%
44	Minda Corporation Limited	Consumer Discretionary	1.01%
45	SEDEMAC Mechatronics Limited	Consumer Discretionary	1%
46	One 97 Communications Limited	Financial Services	1%
47	JSW Infrastructure Limited	Services	1%
48	Info Edge (India) Limited	Consumer Discretionary	0.99%
49	Neuland Laboratories Limited	Healthcare	0.98%
50	BSE Limited	Financial Services	0.98%
51	Lodha Developers Limited	Real Estate	0.98%
52	Aurobindo Pharma Limited	Healthcare	0.97%
53	Bharat Heavy Electricals Limited	Industrials	0.96%
54	Fortis Healthcare Limited	Healthcare	0.95%
55	Data Patterns (India) Limited	Industrials	0.91%
56	Bharat Electronics Limited	Industrials	0.9%
57	Kirloskar Oil Engines Limited	Industrials	0.89%
58	Hitachi Energy India Limited	Industrials	0.89%
59	Solar Industries India Limited	Materials	0.87%
60	Kotak Mahindra Bank Limited	Financial Services	0.86%
61	L&T Finance Limited	Financial Services	0.86%
62	Paras Defence and Space Technologies Limited	Industrials	0.85%
63	Ideaforge Technology Limited	Industrials	0.82%
64	Mtar Technologies Limited	Industrials	0.69%
65	Apollo Micro Systems Limited	Industrials	0.69%
66	Net Receivables / (Payables)other	—	0.11%
67	TVS Motor Company Ltd 6.00% (Cumulative Non-Convertible Redeemable Preference Share)bond	—	0.03%
68	Axis Bank Limited	Financial Services	0%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 6.61% of TRUSTMF Flexi Cap Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, Bajaj Finance Limited is 3.55% of TRUSTMF Flexi Cap Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, Shriram Finance Limited is 3.35% of TRUSTMF Flexi Cap Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Titan Company Limited is 3.05% of TRUSTMF Flexi Cap Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, ETERNAL LIMITED is 3.02% of TRUSTMF Flexi Cap Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Trust Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.