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Fund Overview

Fund Size

Fund Size

₹423 Cr

Expense Ratio

Expense Ratio

0.39%

ISIN

ISIN

INF760K01GM1

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Canara Robeco Ultra Short Term Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Canara Robeco Mutual Fund. This fund has been in existence for 11 years, 5 months and 11 days, having been launched on 01-Jan-13.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹3741.17, Assets Under Management (AUM) of 422.67 Crores, and an expense ratio of 0.39%.
  • Canara Robeco Ultra Short Term Fund Direct Growth has given a CAGR return of 6.89% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 48.21% in debts, and 51.42% 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

+7.12%

+6.05% (Cat Avg.)

3 Years

+5.50%

+5.15% (Cat Avg.)

5 Years

+5.38%

+4.98% (Cat Avg.)

10 Years

+6.53%

+5.51% (Cat Avg.)

Since Inception

+6.89%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Debt203.76 Cr48.21%
Others218.91 Cr51.79%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
364 DTB 05122024Bond - Gov't/Treasury29.8 Cr7.05%
Power Grid Corporation Of India LimitedBond - Corporate Bond24.99 Cr5.91%
Godrej Consumer Products Ltd.Cash - Commercial Paper24.97 Cr5.91%
Sundaram Finance LimitedBond - Corporate Bond24.97 Cr5.91%
Rural Electrification Corporation LimitedBond - Corporate Bond24.95 Cr5.90%
National Housing BankBond - Corporate Bond24.91 Cr5.89%
Axis Bank LimitedCash - CD/Time Deposit24.91 Cr5.89%
Icici Securities LimitedCash - Commercial Paper24.9 Cr5.89%
Reliance Jio Infocomm Ltd.Cash - Commercial Paper24.88 Cr5.89%
Power Finance Corporation LimitedBond - Corporate Bond24.88 Cr5.89%
Bajaj Housing Finance LimitedCash - Commercial Paper24.87 Cr5.88%
Kotak Mahindra Prime LimitedBond - Corporate Bond24.78 Cr5.86%
Indian Oil Corporation LimitedBond - Corporate Bond24.77 Cr5.86%
LIC Housing Finance LtdBond - Corporate Bond24.69 Cr5.84%
HDFC Bank LimitedCash - CD/Time Deposit24.07 Cr5.70%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit23.94 Cr5.66%
TrepsCash - Repurchase Agreement14.7 Cr3.48%
Other Current AssetsCash5.12 Cr1.21%
CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2Mutual Fund - Open End1.57 Cr0.37%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond198.94 Cr47.07%
Cash - Commercial Paper99.62 Cr23.57%
Cash - CD/Time Deposit72.92 Cr17.25%
Bond - Gov't/Treasury29.8 Cr7.05%
Cash - Repurchase Agreement14.7 Cr3.48%
Cash5.12 Cr1.21%
Mutual Fund - Open End1.57 Cr0.37%
Bond - Short-term Government Bills0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

0.54%

Cat. avg.

0.74%

Lower the better

Sharpe Ratio

This fund

-0.68

Cat. avg.

-0.89

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.22

Higher the better

Fund Managers

SP

Suman Prasad

Since April 2011

AJ

Avnish Jain

Since April 2022

Additional Scheme Detailsas of 31st May 2024

ISININF760K01GM1Expense Ratio0.39%Exit LoadNo ChargesFund Size₹423 CrAge01 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Ultra Short Duration 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 Ultra Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
PGIM India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹255.28 Cr6.7%
Canara Robeco Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹422.67 Cr6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹1356.96 Cr7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1356.96 Cr7.5%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹284.82 Cr7.0%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹284.82 Cr6.4%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹2349.32 Cr7.0%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹6322.84 Cr6.9%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹233.50 Cr7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹233.50 Cr7.6%

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 Low to Moderate Risk

Low to Moderate Risk
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The NAV of Canara Robeco Ultra Short Term Fund Direct Growth, as of 11-Jun-2024, is ₹3741.17.
The fund has generated 7.12% over the last 1 year and 5.50% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 48.21% in bonds, and 51.42% in cash and cash equivalents.
The fund managers responsible for Canara Robeco Ultra Short Term Fund Direct Growth are:-
  1. Suman Prasad
  2. Avnish Jain