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Fund Overview

Fund Size

Fund Size

₹405 Cr

Expense Ratio

Expense Ratio

0.39%

ISIN

ISIN

INF760K01KC4

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

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, 9 months and 21 days, having been launched on 22-Aug-22.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹11.20, Assets Under Management (AUM) of 405.32 Crores, and an expense ratio of 0.39%.
  • Canara Robeco Banking and PSU Debt Fund Direct Growth has given a CAGR return of 6.47% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 89.12% in debts, and 10.59% 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

+6.71%

+5.66% (Cat Avg.)

Since Inception

+6.47%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Debt361.23 Cr89.12%
Others44.08 Cr10.88%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LimitedBond - Corporate Bond25.59 Cr6.73%
7.23% Govt Stock 2039Bond - Gov't/Treasury25.44 Cr6.69%
Axis Bank LimitedBond - Corporate Bond25.08 Cr6.60%
Power Grid Corporation Of India LimitedBond - Corporate Bond25.06 Cr6.59%
National Housing BankBond - Corporate Bond25.06 Cr6.59%
Rural Electrification Corporation LimitedBond - Corporate Bond24.89 Cr6.55%
Nhpc LimitedBond - Corporate Bond24.87 Cr6.54%
Small Industries Development Bank Of IndiaBond - Corporate Bond24.83 Cr6.53%
TrepsCash - Repurchase Agreement24.77 Cr6.51%
LIC Housing Finance LimitedBond - Corporate Bond20 Cr5.26%
Indian Railway Finance Corporation LimitedBond - Corporate Bond15.52 Cr4.08%
Indian Railway Finance Corporation LimitedBond - Corporate Bond15.17 Cr3.99%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond15.03 Cr3.95%
Grasim Industries LimitedBond - Corporate Bond14.99 Cr3.94%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond14.56 Cr3.83%
HDFC Bank LimitedBond - Corporate Bond10.25 Cr2.70%
ICICI Bank LimitedBond - Corporate Bond10.02 Cr2.64%
LIC Housing Finance LtdBond - Corporate Bond9.92 Cr2.61%
Other Current AssetsCash5.47 Cr1.44%
7.34% Govt Stock 2064Bond - Gov't/Treasury5.12 Cr1.35%
7.18% Govt Stock 2033Bond - Gov't/Treasury5.04 Cr1.33%
Power Finance Corporation LimitedBond - Corporate Bond5.03 Cr1.32%
Small Industries Development Bank Of IndiaBond - Corporate Bond4.98 Cr1.31%
India (Republic of)Bond - Short-term Government Bills2.39 Cr0.63%
CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2Mutual Fund - Open End1.09 Cr0.29%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond310.86 Cr81.76%
Bond - Gov't/Treasury35.61 Cr9.37%
Cash - Repurchase Agreement24.77 Cr6.51%
Cash5.47 Cr1.44%
Bond - Short-term Government Bills2.39 Cr0.63%
Mutual Fund - Open End1.09 Cr0.29%
Cash - CD/Time Deposit0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

1.50%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

-0.64

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.55

Higher the better

Fund Managers

AJ

Avnish Jain

Since August 2022

Additional Scheme Detailsas of 31st May 2024

ISININF760K01KC4Expense Ratio0.39%Exit LoadNo ChargesFund Size₹405 CrAge22 Aug 2022Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Banking and PSU Debt TR INR

Investment ObjectiveInvestment 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 nameExpense RatioExit LoadFund size
1Y
Bandhan Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹14207.57 Cr6.8%
Bandhan Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.6%0.0%₹14207.57 Cr6.5%
Franklin India Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.5%0.0%₹624.25 Cr6.7%
Franklin India Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.2%0.0%₹624.25 Cr7.0%
PGIM India Banking and PSU Debt fund Direct Growth

Moderate Risk

0.2%0.0%₹45.38 Cr6.8%
PGIM India Banking and PSU Debt fund Regular Growth

Moderate Risk

0.4%0.0%₹45.38 Cr6.6%
Canara Robeco Banking and PSU Debt Fund Regular Growth

Moderate Risk

0.7%0.0%₹405.32 Cr6.4%
Canara Robeco Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹405.32 Cr6.7%
Tata Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹207.53 Cr7.0%
Tata Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.7%0.0%₹207.53 Cr6.5%

About the AMC

Total AUM

₹91,644 Cr

Address

Construction House, 4th Floor, Mumbai, 400 001

Other Funds by Canara Robeco Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Canara Robeco Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2153.67 Cr47.8%
Canara Robeco Value Fund Direct Growth

Very High Risk

0.6%1.0%₹1183.15 Cr42.0%
Canara Robeco Focused Equity Fund Direct Growth

Very High Risk

0.5%1.0%₹2293.30 Cr34.4%
Canara Robeco Corporate Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹143.40 Cr6.9%
Canara Robeco Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹142.38 Cr6.7%
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

0.4%1.0%₹10429.89 Cr44.1%
Canara Robeco Dynamic Bond Direct Growth

Moderate Risk

0.7%0.0%₹109.24 Cr7.3%
Canara Robeco Equity Hybrid Fund Direct Growth

Very High Risk

0.6%1.0%₹10152.64 Cr27.8%
Canara Robeco Emerging Equities Direct Growth

Very High Risk

0.6%1.0%₹21796.83 Cr40.4%
Canara Robeco Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹12447.99 Cr33.8%
Canara Robeco Equity Taxsaver Fund Direct Growth

Very High Risk

0.5%0.0%₹7760.97 Cr34.7%
Canara Robeco Income Fund Direct Growth

Moderate Risk

0.8%0.0%₹122.15 Cr6.8%
Canara Robeco Consumer Trends Fund Direct Growth

Very High Risk

0.8%1.0%₹1486.28 Cr38.0%
Canara Robeco Savings Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹836.57 Cr7.4%
Canara Robeco Infrastructure Direct Growth

Very High Risk

1.2%1.0%₹694.35 Cr71.3%
Canara Robeco Bluechip Equity Fund Direct Growth

Very High Risk

0.5%1.0%₹12976.74 Cr32.2%
Canara Robeco Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹109.21 Cr7.8%
Canara Robeco Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3790.28 Cr7.4%
Canara Robeco Conservative Hybrid Fund Direct Growth

Moderately High risk

0.7%1.0%₹972.98 Cr12.6%
Canara Robeco Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹422.67 Cr7.1%
Canara Robeco Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹387.00 Cr6.9%
Canara Robeco Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹405.32 Cr6.7%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Canara Robeco Banking and PSU Debt Fund Direct Growth, as of 11-Jun-2024, is ₹11.20.
The fund's allocation of assets is distributed as 0.00% in equities, 89.12% in bonds, and 10.59% in cash and cash equivalents.
The fund managers responsible for Canara Robeco Banking and PSU Debt Fund Direct Growth are:-
  1. Avnish Jain