Canara Robeco Savings Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹865 Cr
Expense Ratio
0.29%
ISIN
INF760K01ET1
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹40.31, Assets Under Management (AUM) of 864.85 Crores, and an expense ratio of 0.29%.
- Canara Robeco Savings Fund Direct Growth has given a CAGR return of 7.26% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 61.46% in debts, and 38.27% in cash & cash equivalents.
- You can start investing in Canara Robeco Savings 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
+7.39%
+6.26% (Cat Avg.)
3 Years
+5.82%
+5.34% (Cat Avg.)
5 Years
+5.85%
+5.62% (Cat Avg.)
10 Years
+6.97%
+5.63% (Cat Avg.)
Since Inception
+7.26%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Debt | ₹531.49 Cr | 61.46% |
| Others | ₹333.35 Cr | 38.54% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹72.93 Cr | 7.45% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹59.73 Cr | 6.10% |
| Treps | Cash - Repurchase Agreement | ₹57.7 Cr | 5.90% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.68 Cr | 4.98% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹48.61 Cr | 4.97% |
| Icici Securities Limited | Cash - Commercial Paper | ₹47.71 Cr | 4.88% |
| Gscg 15sep2026 | Bond - Gov't/Treasury | ₹39.12 Cr | 4.00% |
| 8.34% Govt Stock 2033 | Bond - Gov't/Treasury | ₹35.84 Cr | 3.66% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹34.99 Cr | 3.58% |
| Rec Limited | Bond - Corporate Bond | ₹29.25 Cr | 2.99% |
| Rec Limited | Bond - Corporate Bond | ₹24.98 Cr | 2.55% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹24.97 Cr | 2.55% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹24.96 Cr | 2.55% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹24.96 Cr | 2.55% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹24.95 Cr | 2.55% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹24.93 Cr | 2.55% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹24.9 Cr | 2.54% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹24.89 Cr | 2.54% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹24.86 Cr | 2.54% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹24.85 Cr | 2.54% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹24.84 Cr | 2.54% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹24.84 Cr | 2.54% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.76 Cr | 2.53% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.69 Cr | 2.52% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.67 Cr | 2.52% |
| Rec Limited | Bond - Corporate Bond | ₹24.39 Cr | 2.49% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.21 Cr | 2.47% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24 Cr | 2.45% |
| Net Receivables / (Payables) | Cash - Collateral | ₹23.58 Cr | 2.41% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹14.98 Cr | 1.53% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹14.89 Cr | 1.52% |
| CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2 | Mutual Fund - Open End | ₹2.7 Cr | 0.28% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹2 Cr | 0.20% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹551.28 Cr | 56.35% |
| Cash - CD/Time Deposit | ₹218.43 Cr | 22.33% |
| Bond - Gov't/Treasury | ₹74.96 Cr | 7.66% |
| Cash - Repurchase Agreement | ₹57.7 Cr | 5.90% |
| Cash - Commercial Paper | ₹49.71 Cr | 5.08% |
| Cash - Collateral | ₹23.58 Cr | 2.41% |
| Mutual Fund - Open End | ₹2.7 Cr | 0.28% |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.63%
Cat. avg.
0.91%
Lower the better
Sharpe Ratio
This fund
0.01
Cat. avg.
-0.69
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.32
Higher the better
Fund Managers
Avnish Jain
Since April 2022
Kunal Jain
Since July 2022
Additional Scheme Detailsas of 15th July 2024
ISIN | INF760K01ET1 | Expense Ratio | 0.29% | Exit Load | No Charges | Fund Size | ₹865 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Crisil Low Duration 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 Low Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Low Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹517.76 Cr | 7.7% |
| Mahindra Manulife Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹517.76 Cr | 6.9% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2564.50 Cr | 7.1% |
| Kotak Low Duration Fund Regular Growth Low to Moderate Risk | 1.2% | 0.0% | ₹10490.91 Cr | 6.9% |
| Mirae Asset Savings Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹616.30 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹19120.59 Cr | 7.1% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5450.34 Cr | 7.0% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹864.85 Cr | 7.1% |
| ICICI Prudential Savings Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹20884.12 Cr | 7.7% |
| Sundaram Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹503.92 Cr | 6.7% |
About the AMC
Total AUM
₹93,791 Cr
Address
Construction House, 4th Floor, Mumbai, 400 001
Other Funds by Canara Robeco Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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Who manages the Canara Robeco Savings Fund Direct Growth?
- Avnish Jain
- Kunal Jain
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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