Canara Robeco Ultra Short Term Fund Direct Growth

Fund Overview

Fund Size

₹583 Cr

Expense Ratio

0.35%

ISIN

INF760K01GM1

Minimum SIP

₹500

Exit Load

No Charges

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 12 years and 21 days, having been launched on 01-Jan-13.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹3904.98, Assets Under Management (AUM) of 582.59 Crores, and an expense ratio of 0.35%.

Canara Robeco Ultra Short Term Fund Direct Growth has given a CAGR return of 6.90% since inception.
The fund's asset allocation comprises around 0.00% in equities, 66.40% in debts, and 33.30% 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

+7.38%

+6.89% (Cat Avg.)

3 Years

+6.33%

+6.09% (Cat Avg.)

5 Years

+5.42%

+5.33% (Cat Avg.)

10 Years

+6.41%

+5.56% (Cat Avg.)

Since Inception

+6.90%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Debt	₹386.86 Cr	66.40%
Others	₹195.72 Cr	33.60%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹54.37 Cr	9.74%
Treps	Cash - Repurchase Agreement	₹50.14 Cr	8.98%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹49.64 Cr	8.89%
Power Finance Corporation Limited	Bond - Corporate Bond	₹44.88 Cr	8.04%
Bank Of India	Cash - CD/Time Deposit	₹37.49 Cr	6.71%
National Housing Bank	Bond - Corporate Bond	₹25 Cr	4.48%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹24.99 Cr	4.47%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹24.98 Cr	4.47%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹24.98 Cr	4.47%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹24.94 Cr	4.47%
Hdb Financial Services Limited	Bond - Corporate Bond	₹24.91 Cr	4.46%
Axis Bank Ltd.	Bond - Corporate Bond	₹24.38 Cr	4.37%
Axis Bank Limited	Cash - CD/Time Deposit	₹23.84 Cr	4.27%
HDFC Bank Ltd.	Bond - Corporate Bond	₹23.79 Cr	4.26%
ICICI Bank Ltd.	Bond - Corporate Bond	₹23.51 Cr	4.21%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹23.39 Cr	4.19%
7.93% Govt Stock 2033	Bond - Gov't/Treasury	₹15.43 Cr	2.76%
Indian Oil Corporation Limited	Bond - Corporate Bond	₹14.97 Cr	2.68%
Net Receivables / (Payables)	Cash - Collateral	₹11.18 Cr	2.00%
Bajaj Finance Limited	Bond - Corporate Bond	₹9.99 Cr	1.79%
CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2	Mutual Fund - Open End	₹1.66 Cr	0.30%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹395.34 Cr	70.79%
Cash - CD/Time Deposit	₹84.72 Cr	15.17%
Cash - Repurchase Agreement	₹50.14 Cr	8.98%
Bond - Gov't/Treasury	₹15.43 Cr	2.76%
Cash - Collateral	₹11.18 Cr	2.00%
Mutual Fund - Open End	₹1.66 Cr	0.30%

Risk & Performance Ratios

Fund Managers

Avnish Jain

Since April 2022

Kunal Jain

Since September 2024

Additional Scheme Detailsas of 31st December 2024

ISIN

INF760K01GM1

Expense Ratio

0.35%

Exit Load

No Charges

Fund Size

₹583 Cr

Age

12 years

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:

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 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%	₹230.85 Cr	6.9%
Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹582.59 Cr	6.8%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1118.89 Cr	7.5%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1118.89 Cr	7.7%
LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹215.37 Cr	7.7%
LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk	0.9%	0.0%	₹215.37 Cr	6.9%
UTI Ultra Short Term Fund Regular Growth Moderate Risk	0.9%	0.0%	₹3046.73 Cr	7.2%
Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹7695.11 Cr	7.2%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk	1.9%	0.0%	₹224.76 Cr	7.3%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹224.76 Cr	7.8%

About the AMC

Canara Robeco Mutual Fund

+91 22 66585000

https://www.canararobeco.com/

Total AUM

₹1,05,366 Cr

Address

Construction House, 4th Floor, Mumbai, 400 001

Other Funds by Canara Robeco Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Canara Robeco Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2782.45 Cr	18.6%
Canara Robeco Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹1248.91 Cr	12.4%
Canara Robeco Focused Equity Fund Direct Growth Very High Risk	0.5%	1.0%	₹2554.99 Cr	17.0%
Canara Robeco Corporate Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹133.09 Cr	8.2%
Canara Robeco Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹219.17 Cr	6.6%
Canara Robeco Multi Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹3944.21 Cr	15.2%
Canara Robeco Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹12543.87 Cr	13.3%
Canara Robeco Dynamic Bond Direct Growth Moderate Risk	0.7%	0.0%	₹125.23 Cr	8.8%
Canara Robeco Equity Hybrid Fund Direct Growth Very High Risk	0.6%	1.0%	₹10747.36 Cr	12.3%
Canara Robeco Emerging Equities Direct Growth Very High Risk	0.6%	1.0%	₹24886.60 Cr	18.3%
Canara Robeco Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹12804.68 Cr	12.3%
Canara Robeco Equity Taxsaver Fund Direct Growth Very High Risk	0.6%	0.0%	₹8696.23 Cr	12.7%
Canara Robeco Income Fund Direct Growth Moderate Risk	0.7%	0.0%	₹120.61 Cr	8.9%
Canara Robeco Consumer Trends Fund Direct Growth Very High Risk	0.8%	1.0%	₹1751.32 Cr	15.2%
Canara Robeco Savings Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹830.20 Cr	7.7%
Canara Robeco Infrastructure Direct Growth Very High Risk	1.0%	1.0%	₹871.76 Cr	25.2%
Canara Robeco Bluechip Equity Fund Direct Growth Very High Risk	0.5%	1.0%	₹14799.00 Cr	13.5%
Canara Robeco Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹138.66 Cr	9.4%
Canara Robeco Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3196.95 Cr	7.4%
Canara Robeco Conservative Hybrid Fund Direct Growth Moderately High risk	0.7%	1.0%	₹951.54 Cr	10.0%
Canara Robeco Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹582.59 Cr	7.4%
Canara Robeco Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹343.26 Cr	7.9%
Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹238.48 Cr	8.1%

Risk Level

Your principal amount will be at Low to Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of Canara Robeco Ultra Short Term Fund Direct Growth?

The NAV of Canara Robeco Ultra Short Term Fund Direct Growth, as of 21-Jan-2025, is ₹3904.98.

What are the returns of Canara Robeco Ultra Short Term Fund Direct Growth?

The fund has generated 7.38% over the last 1 year and 6.33% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Canara Robeco Ultra Short Term Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 66.40% in bonds, and 33.30% in cash and cash equivalents.

Who manages the Canara Robeco Ultra Short Term Fund Direct Growth?

The fund managers responsible for Canara Robeco Ultra Short Term Fund Direct Growth are:-

Avnish Jain
Kunal Jain

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹583 Cr

Expense Ratio

0.35%

ISIN

INF760K01GM1

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Low to Moderate Risk