Canara Robeco Banking and PSU Debt Fund Direct Growth

Fund Overview

Fund Size

₹405 Cr

Expense Ratio

0.43%

ISIN

INF760K01KC4

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

22 Aug 2022

About this fund

Canara Robeco Banking and PSU Debt Fund Direct Growth is a Banking & PSU mutual fund schemes offered by Canara Robeco Mutual Fund. This fund has been in existence for 1 years, 8 months and 28 days, having been launched on 22-Aug-22.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹11.14, Assets Under Management (AUM) of 405.32 Crores, and an expense ratio of 0.43%.

Canara Robeco Banking and PSU Debt Fund Direct Growth has given a CAGR return of 6.42% since inception.
The fund's asset allocation comprises around 0.00% in equities, 85.11% in debts, and 14.63% in cash & cash equivalents.
You can start investing in Canara Robeco Banking and PSU Debt Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.55%

+5.74% (Cat Avg.)

Since Inception

+6.42%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2024

Debt	₹344.95 Cr	85.11%
Others	₹60.37 Cr	14.89%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Limited	Bond - Corporate Bond	₹25.43 Cr	6.28%
Axis Bank Limited	Bond - Corporate Bond	₹25.1 Cr	6.19%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹25.08 Cr	6.19%
7.18% Govt Stock 2037	Bond - Gov't/Treasury	₹24.88 Cr	6.14%
Ntpc Limited	Bond - Corporate Bond	₹24.88 Cr	6.14%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹24.87 Cr	6.14%
Nhpc Limited	Bond - Corporate Bond	₹24.83 Cr	6.13%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹24.8 Cr	6.12%
ICICI Bank Limited	Cash - CD/Time Deposit	₹24.11 Cr	5.95%
Treps	Cash - Repurchase Agreement	₹23.73 Cr	5.85%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹15.48 Cr	3.82%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹15.11 Cr	3.73%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹15 Cr	3.70%
Grasim Industries Limited	Bond - Corporate Bond	₹14.96 Cr	3.69%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹14.51 Cr	3.58%
7.18% Govt Stock 2033	Bond - Gov't/Treasury	₹12.49 Cr	3.08%
Other Current Assets	Cash	₹11.45 Cr	2.83%
HDFC Bank Limited	Bond - Corporate Bond	₹10.24 Cr	2.53%
ICICI Bank Limited	Bond - Corporate Bond	₹10.03 Cr	2.48%
LIC Housing Finance Limited	Bond - Corporate Bond	₹9.97 Cr	2.46%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹9.9 Cr	2.44%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹5.02 Cr	1.24%
Power Finance Corporation Limited	Bond - Corporate Bond	₹5.01 Cr	1.24%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹4.98 Cr	1.23%
India (Republic of)	Bond - Short-term Government Bills	₹2.38 Cr	0.59%
CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2	Mutual Fund - Open End	₹1.08 Cr	0.27%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹305.21 Cr	75.30%
Bond - Gov't/Treasury	₹37.36 Cr	9.22%
Cash - CD/Time Deposit	₹24.11 Cr	5.95%
Cash - Repurchase Agreement	₹23.73 Cr	5.85%
Cash	₹11.45 Cr	2.83%
Bond - Short-term Government Bills	₹2.38 Cr	0.59%
Mutual Fund - Open End	₹1.08 Cr	0.27%

Risk & Performance Ratios

Standard Deviation

This fund

Cat. avg.

1.48%

Lower the better

Sharpe Ratio

This fund

Cat. avg.

-0.62

Higher the better

Sortino Ratio

This fund

Cat. avg.

-0.54

Higher the better

Fund Managers

Avnish Jain

Since August 2022

Additional Scheme Detailsas of 30th April 2024

	ISIN	INF760K01KC4		Expense Ratio	0.43%		Exit Load	No Charges		Fund Size	₹405 Cr		Age	22 Aug 2022		Lumpsum Minimum	₹5,000		Fund Status	Open Ended Investment Company		Benchmark	CRISIL Banking and PSU Debt TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Banking & PSU Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹14207.57 Cr	6.7%
Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹14207.57 Cr	6.3%
Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹630.16 Cr	6.7%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹630.16 Cr	7.0%
PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk	0.2%	0.0%	₹45.38 Cr	6.8%
PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk	0.4%	0.0%	₹45.38 Cr	6.6%
Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹405.32 Cr	6.2%
Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹405.32 Cr	6.5%
Tata Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹213.01 Cr	6.9%
Tata Banking & PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹213.01 Cr	6.4%

About the AMC

Canara Robeco Mutual Fund

+91 22 66585000

https://www.canararobeco.com/

Total AUM

₹88,988 Cr

Address

Construction House, 4th Floor, Mumbai, 400 001

Other Funds by Canara Robeco Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Canara Robeco Mid Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹2153.67 Cr	47.8%
Canara Robeco Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹1171.45 Cr	41.0%
Canara Robeco Focused Equity Fund Direct Growth Very High Risk	0.5%	1.0%	₹2309.29 Cr	34.1%
Canara Robeco Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹147.92 Cr	6.7%
Canara Robeco Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹142.38 Cr	6.7%
Canara Robeco Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2135.59 Cr	-
Canara Robeco Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹10085.98 Cr	43.4%
Canara Robeco Dynamic Bond Direct Growth Moderate Risk	0.7%	0.0%	₹109.34 Cr	6.3%
Canara Robeco Equity Hybrid Fund Direct Growth Very High Risk	0.7%	1.0%	₹10077.44 Cr	26.5%
Canara Robeco Emerging Equities Direct Growth Very High Risk	0.6%	1.0%	₹21508.53 Cr	37.2%
Canara Robeco Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹12325.32 Cr	31.5%
Canara Robeco Equity Taxsaver Fund Direct Growth Very High Risk	0.6%	0.0%	₹7760.97 Cr	33.3%
Canara Robeco Income Fund Direct Growth Moderate Risk	0.8%	0.0%	₹122.26 Cr	5.9%
Canara Robeco Consumer Trends Fund Direct Growth Very High Risk	0.9%	1.0%	₹1489.59 Cr	37.8%
Canara Robeco Savings Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹836.57 Cr	7.3%
Canara Robeco Infrastructure Direct Growth Very High Risk	1.2%	1.0%	₹597.25 Cr	72.2%
Canara Robeco Bluechip Equity Fund Direct Growth Very High Risk	0.5%	1.0%	₹12830.12 Cr	30.7%
Canara Robeco Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹107.92 Cr	6.7%
Canara Robeco Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3624.26 Cr	7.3%
Canara Robeco Conservative Hybrid Fund Direct Growth Moderately High risk	0.7%	1.0%	₹983.88 Cr	12.1%
Canara Robeco Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹525.85 Cr	7.1%
Canara Robeco Short Duration Fund Direct Growth Moderate Risk	0.5%	0.0%	₹392.05 Cr	6.7%
Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹405.32 Cr	6.5%

Risk Level

Your principal amount will be at Moderate Risk

Still got questions?
We're here to help.

What is the current NAV of Canara Robeco Banking and PSU Debt Fund Direct Growth?

The NAV of Canara Robeco Banking and PSU Debt Fund Direct Growth, as of 17-May-2024, is ₹11.14.

What is the portfolio composition of Canara Robeco Banking and PSU Debt Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 85.11% in bonds, and 14.63% in cash and cash equivalents.

Who manages the Canara Robeco Banking and PSU Debt Fund Direct Growth?

The fund managers responsible for Canara Robeco Banking and PSU Debt Fund Direct Growth are:-

Avnish Jain

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Canara Robeco Banking and PSU Debt Fund Direct Growth

Fund Overview