Canara Robeco Corporate Bond Fund Direct Growth
DebtCorporate BondModerate Risk
Direct
NAV (22-Oct-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹136 Cr
Expense Ratio
0.39%
ISIN
INF760K01HB2
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
07 Feb 2014
About this fund
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹22.08, Assets Under Management (AUM) of 135.81 Crores, and an expense ratio of 0.39%.
- Canara Robeco Corporate Bond Fund Direct Growth has given a CAGR return of 7.68% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 85.49% in debts, and 14.14% in cash & cash equivalents.
- You can start investing in Canara Robeco Corporate Bond 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
+8.50%
+7.73% (Cat Avg.)
3 Years
+5.91%
+5.57% (Cat Avg.)
5 Years
+6.45%
+6.17% (Cat Avg.)
10 Years
+7.38%
+6.42% (Cat Avg.)
Since Inception
+7.68%
— (Cat Avg.)
Portfolio Summaryas of 15th October 2024
| Debt | ₹116.09 Cr | 85.49% |
| Others | ₹19.71 Cr | 14.51% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹10.28 Cr | 7.57% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹10.13 Cr | 7.46% |
| Grasim Industries Limited | Bond - Corporate Bond | ₹10.09 Cr | 7.43% |
| Kotak Mahindra Prime Ltd. 8.23% | Bond - Corporate Bond | ₹10.07 Cr | 7.42% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹10.01 Cr | 7.37% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹10.01 Cr | 7.37% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10 Cr | 7.36% |
| National Housing Bank | Bond - Corporate Bond | ₹9.99 Cr | 7.36% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹5.26 Cr | 3.87% |
| 7.30 Goi 19062053 | Bond - Gov't/Treasury | ₹5.24 Cr | 3.86% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹5.21 Cr | 3.84% |
| 07.18 Goi 24072037 | Bond - Gov't/Treasury | ₹5.15 Cr | 3.79% |
| 7.10%Goi 08/04/2034 | Bond - Gov't/Treasury | ₹5.11 Cr | 3.77% |
| Ntpc Limited | Bond - Corporate Bond | ₹5.05 Cr | 3.72% |
| Titan Company Limited | Bond - Corporate Bond | ₹5.01 Cr | 3.69% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹5 Cr | 3.68% |
| Net Receivables / (Payables) | Cash - Collateral | ₹4.74 Cr | 3.49% |
| Treps | Cash - Repurchase Agreement | ₹4.47 Cr | 3.29% |
| 364 DTB | Bond - Gov't/Treasury | ₹2.46 Cr | 1.81% |
| 6.79 Goi 2034 | Bond - Gov't/Treasury | ₹2.01 Cr | 1.48% |
| CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2 | Mutual Fund - Open End | ₹0.51 Cr | 0.38% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹100.86 Cr | 74.26% |
| Bond - Gov't/Treasury | ₹25.23 Cr | 18.58% |
| Cash - Collateral | ₹4.74 Cr | 3.49% |
| Cash - Repurchase Agreement | ₹4.47 Cr | 3.29% |
| Mutual Fund - Open End | ₹0.51 Cr | 0.38% |
| Bond - Short-term Government Bills | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
1.07%
Cat. avg.
1.53%
Lower the better
Sharpe Ratio
This fund
-0.21
Cat. avg.
-0.36
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.36
Higher the better
Fund Managers
Suman Prasad
Since July 2022
Avnish Jain
Since February 2014
Additional Scheme Detailsas of 15th October 2024
ISIN INF760K01HB2 | Expense Ratio 0.39% | Exit Load No Charges | Fund Size ₹136 Cr | Age 10 years 8 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Corporate 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Corporate Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| TrustMF Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹74.48 Cr | 8.0% |
| TrustMF Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹74.48 Cr | 8.5% |
| Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹195.61 Cr | 8.8% |
| Bandhan Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13684.35 Cr | 8.0% |
| Bandhan Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹13684.35 Cr | 7.7% |
| HDFC Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹31927.70 Cr | 8.8% |
| Sundaram Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹738.18 Cr | 8.4% |
| Franklin India Corporate Debt Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹753.03 Cr | 7.7% |
| Nippon India Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹5558.33 Cr | 8.8% |
| Union Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 1.0% | ₹267.52 Cr | 8.4% |
About the AMC
Canara Robeco Mutual Fund
Total AUM
₹1,06,235 Cr
Address
Construction House, 4th Floor, Mumbai, 400 001
Other Funds by Canara Robeco Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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- Suman Prasad
- Avnish Jain
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