Canara Robeco Ultra Short Term Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹570 Cr
Expense Ratio
0.35%
ISIN
INF760K01GM1
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹4035.79, Assets Under Management (AUM) of 570.15 Crores, and an expense ratio of 0.35%.
- Canara Robeco Ultra Short Term Fund Direct Growth has given a CAGR return of 6.96% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 22.51% in debts, and 77.19% in cash & cash equivalents.
- You can start investing in Canara Robeco Ultra Short Term Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
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
+7.73%
+7.18% (Cat Avg.)
3 Years
+7.06%
+6.70% (Cat Avg.)
5 Years
+5.56%
+5.53% (Cat Avg.)
10 Years
+6.38%
+5.59% (Cat Avg.)
Since Inception
+6.96%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Debt | ₹128.33 Cr | 22.51% |
| Others | ₹441.81 Cr | 77.49% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹49.02 Cr | 8.60% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹48.55 Cr | 8.52% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.39 Cr | 8.49% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹48.35 Cr | 8.48% |
| Treps | Cash - Repurchase Agreement | ₹30.44 Cr | 5.34% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹25.2 Cr | 4.42% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹25.11 Cr | 4.40% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹25.08 Cr | 4.40% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹24.88 Cr | 4.36% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹24.64 Cr | 4.32% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.59 Cr | 4.31% |
| HDFC Bank Ltd. | Cash - CD/Time Deposit | ₹24.55 Cr | 4.31% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹24.29 Cr | 4.26% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹24.18 Cr | 4.24% |
| Axis Bank Limited** | Cash - CD/Time Deposit | ₹23.84 Cr | 4.18% |
| Indian Bank (12/03/2026) | Cash - CD/Time Deposit | ₹23.81 Cr | 4.18% |
| HDFC Bank Limited** | Cash - CD/Time Deposit | ₹23.8 Cr | 4.18% |
| HDB Financial Services Ltd. | Bond - Corporate Bond | ₹23.12 Cr | 4.05% |
| LIC Housing Finance Limited** | Cash - Commercial Paper | ₹19.01 Cr | 3.33% |
| 7.81% Govt Stock 2033 | Bond - Gov't/Treasury | ₹5.19 Cr | 0.91% |
| Other Current Assets | Cash - Collateral | ₹2.41 Cr | 0.42% |
| CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2 | Mutual Fund - Open End | ₹1.71 Cr | 0.30% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹290.68 Cr | 50.98% |
| Cash - Commercial Paper | ₹116.57 Cr | 20.45% |
| Bond - Corporate Bond | ₹98.5 Cr | 17.28% |
| Cash - Repurchase Agreement | ₹30.44 Cr | 5.34% |
| Bond - Gov't/Treasury | ₹29.83 Cr | 5.23% |
| Cash - Collateral | ₹2.41 Cr | 0.42% |
| Mutual Fund - Open End | ₹1.71 Cr | 0.30% |
Risk & Performance Ratios
Standard Deviation
This fund
0.32%
Cat. avg.
0.49%
Lower the better
Sharpe Ratio
This fund
0.95
Cat. avg.
0.28
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.10
Higher the better
Fund Managers
Avnish Jain
Since April 2022
Kunal Jain
Since September 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF760K01GM1 | Expense Ratio | 0.35% | Exit Load | No Charges | Fund Size | ₹570 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Ultra Short 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
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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 Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Franklin India Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹251.57 Cr | - |
| Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹251.57 Cr | - |
| Invesco India Ultra Short Term Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1051.40 Cr | 8.0% |
| Motilal Oswal Ultra Short Term Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹572.44 Cr | 6.0% |
| Motilal Oswal Ultra Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹572.44 Cr | 6.6% |
| ITI Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹162.92 Cr | 6.8% |
| ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹162.92 Cr | 7.7% |
| Sundaram Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2550.51 Cr | 8.0% |
| Nippon India Ultra Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹8772.15 Cr | 8.2% |
| Kotak Savings Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹15401.47 Cr | 7.9% |
About the AMC
Total AUM
₹1,05,549 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
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Canara Robeco Ultra Short Term Fund Direct Growth?
What are the returns of Canara Robeco Ultra Short Term Fund Direct Growth?
What is the portfolio composition of Canara Robeco Ultra Short Term Fund Direct Growth?
Who manages the Canara Robeco Ultra Short Term 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.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.