Canara Robeco Banking and PSU Debt Fund Regular Growth
DebtBanking & PSUModerate Risk
Regular
NAV (04-Oct-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹238 Cr
Expense Ratio
0.71%
ISIN
INF760K01KF7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
22 Aug 2022
About this fund
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹11.43, Assets Under Management (AUM) of 238.21 Crores, and an expense ratio of 0.71%.
- Canara Robeco Banking and PSU Debt Fund Regular Growth has given a CAGR return of 6.51% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 72.60% in debts, and 26.94% in cash & cash equivalents.
- You can start investing in Canara Robeco Banking and PSU Debt Fund Regular 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
+7.54%
+7.01% (Cat Avg.)
Since Inception
+6.51%
— (Cat Avg.)
Portfolio Summaryas of 15th September 2024
| Debt | ₹172.94 Cr | 72.60% |
| Others | ₹65.28 Cr | 27.40% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Limited | Bond - Corporate Bond | ₹20.55 Cr | 8.59% |
| National Housing Bank | Bond - Corporate Bond | ₹20.05 Cr | 8.38% |
| Axis Bank Limited | Bond - Corporate Bond | ₹20.02 Cr | 8.37% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹19.97 Cr | 8.35% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹18.78 Cr | 7.85% |
| Treps | Cash - Repurchase Agreement | ₹15.57 Cr | 6.51% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹15.34 Cr | 6.41% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹15.12 Cr | 6.32% |
| Nhpc Limited | Bond - Corporate Bond | ₹14.95 Cr | 6.25% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹14.95 Cr | 6.25% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.63 Cr | 6.12% |
| 8.34% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.28 Cr | 4.30% |
| Net Receivables / (Payables) | Cash - Collateral | ₹10.08 Cr | 4.22% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹9.89 Cr | 4.13% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹5.22 Cr | 2.18% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹5.19 Cr | 2.17% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.08 Cr | 2.12% |
| India (Republic of) | Bond - Short-term Government Bills | ₹2.45 Cr | 1.02% |
| CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2 | Mutual Fund - Open End | ₹1.1 Cr | 0.46% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹175.74 Cr | 73.46% |
| Cash - CD/Time Deposit | ₹18.78 Cr | 7.85% |
| Cash - Repurchase Agreement | ₹15.57 Cr | 6.51% |
| Bond - Gov't/Treasury | ₹15.5 Cr | 6.48% |
| Cash - Collateral | ₹10.08 Cr | 4.22% |
| Bond - Short-term Government Bills | ₹2.45 Cr | 1.02% |
| Mutual Fund - Open End | ₹1.1 Cr | 0.46% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
1.53%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.55
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.47
Higher the better
Fund Managers
Suman Prasad
Since September 2024
Avnish Jain
Since August 2022
Additional Scheme Detailsas of 15th September 2024
ISIN | INF760K01KF7 | Expense Ratio | 0.71% | Exit Load | No Charges | Fund Size | ₹238 Cr | Age | 2 years 1 month | 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:
- 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 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% | ₹13887.95 Cr | 7.9% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹13887.95 Cr | 7.5% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹592.17 Cr | 7.7% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹592.17 Cr | 8.0% |
| 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% | ₹238.21 Cr | 7.5% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹238.21 Cr | 7.9% |
| 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
Total AUM
₹1,06,235 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
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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