Canara Robeco Banking and PSU Debt Fund Direct Growth
DebtBanking & PSUModerate Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹248 Cr
Expense Ratio
0.34%
ISIN
INF760K01KC4
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
22 Aug 2022
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹11.60, Assets Under Management (AUM) of 247.92 Crores, and an expense ratio of 0.34%.
- Canara Robeco Banking and PSU Debt Fund Direct Growth has given a CAGR return of 6.81% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 75.24% in debts, and 24.32% in cash & cash equivalents.
- You can start investing in Canara Robeco Banking and PSU Debt 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
+8.06%
+7.13% (Cat Avg.)
Since Inception
+6.81%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹186.53 Cr | 75.24% |
| Others | ₹61.39 Cr | 24.76% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| National Housing Bank | Bond - Corporate Bond | ₹20.09 Cr | 8.10% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹20.01 Cr | 8.07% |
| Axis Bank Limited | Bond - Corporate Bond | ₹20.01 Cr | 8.07% |
| Kotak Mahindra Bank Ltd | Cash | ₹18.98 Cr | 7.65% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹15.43 Cr | 6.22% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹15.4 Cr | 6.21% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹15.18 Cr | 6.12% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹14.99 Cr | 6.04% |
| Nhpc Limited | Bond - Corporate Bond | ₹14.98 Cr | 6.04% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.73 Cr | 5.94% |
| Treps | Cash - Repurchase Agreement | ₹11.42 Cr | 4.61% |
| 07.04 Goi 03062029 | Bond - Gov't/Treasury | ₹10.1 Cr | 4.07% |
| 6.79 Goi 2034 | Bond - Gov't/Treasury | ₹9.99 Cr | 4.03% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹9.91 Cr | 4.00% |
| Other Current Assets | Cash | ₹7.41 Cr | 2.99% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹5.2 Cr | 2.10% |
| 7.30 Goi 19062053 | Bond - Gov't/Treasury | ₹5.2 Cr | 2.10% |
| Govt Stock 22092033 | Bond - Gov't/Treasury | ₹5.15 Cr | 2.08% |
| 7.10%Goi 08/04/2034 | Bond - Gov't/Treasury | ₹5.09 Cr | 2.05% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.08 Cr | 2.05% |
| 364 DTB | Bond - Gov't/Treasury | ₹2.47 Cr | 0.99% |
| CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2 | Mutual Fund - Open End | ₹1.11 Cr | 0.45% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹171.01 Cr | 68.98% |
| Bond - Gov't/Treasury | ₹37.99 Cr | 15.32% |
| Cash | ₹26.38 Cr | 10.64% |
| Cash - Repurchase Agreement | ₹11.42 Cr | 4.61% |
| Mutual Fund - Open End | ₹1.11 Cr | 0.45% |
| Cash - CD/Time Deposit | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
1.50%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.52
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.41
Higher the better
Fund Managers
Suman Prasad
Since September 2024
Avnish Jain
Since August 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF760K01KC4 | Expense Ratio 0.34% | Exit Load No Charges | Fund Size ₹248 Cr | Age 2 years 3 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Banking and PSU 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 Banking & PSU Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13429.06 Cr | 7.9% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹13429.06 Cr | 7.6% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹586.11 Cr | 7.7% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹586.11 Cr | 8.1% |
| PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹45.38 Cr | 6.8% |
| PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹45.38 Cr | 6.6% |
| Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹247.92 Cr | 7.7% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹247.92 Cr | 8.1% |
| Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹207.53 Cr | 7.0% |
| Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹207.53 Cr | 6.5% |
About the AMC
Canara Robeco Mutual Fund
Total AUM
₹1,08,602 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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