Canara Robeco Ultra Short Term Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (17-May-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹526 Cr
Expense Ratio
0.41%
ISIN
INF760K01GM1
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 17-May-24, it has a Net Asset Value (NAV) of ₹3723.42, Assets Under Management (AUM) of 525.85 Crores, and an expense ratio of 0.41%.
- Canara Robeco Ultra Short Term Fund Direct Growth has given a CAGR return of 6.88% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 38.64% in debts, and 61.06% 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
+7.08%
+6.12% (Cat Avg.)
3 Years
+5.41%
+5.13% (Cat Avg.)
5 Years
+5.40%
+4.98% (Cat Avg.)
10 Years
+6.55%
+5.56% (Cat Avg.)
Since Inception
+6.88%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Debt | ₹203.2 Cr | 38.64% |
| Others | ₹322.65 Cr | 61.36% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 364 DTB 05122024 | Bond - Gov't/Treasury | ₹54.17 Cr | 10.30% |
| Treps | Cash - Repurchase Agreement | ₹42.71 Cr | 8.12% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹29.84 Cr | 5.67% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹24.98 Cr | 4.75% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹24.97 Cr | 4.75% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.94 Cr | 4.74% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.92 Cr | 4.74% |
| National Housing Bank | Bond - Corporate Bond | ₹24.91 Cr | 4.74% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹24.85 Cr | 4.73% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.82 Cr | 4.72% |
| Godrej Consumer Products Ltd. | Cash - Commercial Paper | ₹24.82 Cr | 4.72% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.76 Cr | 4.71% |
| Icici Securities Limited | Cash - Commercial Paper | ₹24.74 Cr | 4.70% |
| Reliance Jio Infocomm Ltd. | Cash - Commercial Paper | ₹24.73 Cr | 4.70% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹24.73 Cr | 4.70% |
| Bajaj Housing Finance Limited | Cash - Commercial Paper | ₹24.71 Cr | 4.70% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹24.63 Cr | 4.68% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.92 Cr | 4.55% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹23.79 Cr | 4.52% |
| Other Current Assets | Cash | ₹2.35 Cr | 0.45% |
| CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2 | Mutual Fund - Open End | ₹1.56 Cr | 0.30% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹203.85 Cr | 38.77% |
| Cash - CD/Time Deposit | ₹122.21 Cr | 23.24% |
| Cash - Commercial Paper | ₹99.01 Cr | 18.83% |
| Bond - Gov't/Treasury | ₹54.17 Cr | 10.30% |
| Cash - Repurchase Agreement | ₹42.71 Cr | 8.12% |
| Cash | ₹2.35 Cr | 0.45% |
| Mutual Fund - Open End | ₹1.56 Cr | 0.30% |
| Bond - Short-term Government Bills | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.54%
Cat. avg.
0.73%
Lower the better
Sharpe Ratio
This fund
-0.79
Cat. avg.
-0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.13
Higher the better
Fund Managers
Suman Prasad
Since April 2011
Avnish Jain
Since April 2022
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF760K01GM1 | Expense Ratio | 0.41% | Exit Load | No Charges | Fund Size | ₹526 Cr | Age | 01 Jan 2013 | 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
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 Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹240.88 Cr | 6.6% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹525.85 Cr | 6.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1259.19 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1259.19 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹284.82 Cr | 6.9% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹284.82 Cr | 6.3% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2349.32 Cr | 6.9% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹5653.60 Cr | 6.9% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹220.10 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹220.10 Cr | 7.5% |
About the AMC
Total AUM
₹88,988 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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- Suman Prasad
- Avnish Jain
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