Canara Robeco Ultra Short Term Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹627 Cr
Expense Ratio
0.30%
ISIN
INF760K01GM1
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹3861.81, Assets Under Management (AUM) of 627.14 Crores, and an expense ratio of 0.3%.
- 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, 44.15% in debts, and 55.59% 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
+7.36%
+6.45% (Cat Avg.)
3 Years
+6.14%
+5.73% (Cat Avg.)
5 Years
+5.39%
+5.17% (Cat Avg.)
10 Years
+6.44%
+5.49% (Cat Avg.)
Since Inception
+6.90%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹276.91 Cr | 44.15% |
| Others | ₹350.23 Cr | 55.85% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹73.98 Cr | 12.06% |
| Punjab National Bank | Cash | ₹49.05 Cr | 8.00% |
| Hdfc Bank Ltd | Cash | ₹47.43 Cr | 7.73% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹44.86 Cr | 7.31% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹41.76 Cr | 6.81% |
| Icici Securities Ltd | Cash | ₹29.79 Cr | 4.86% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹25.03 Cr | 4.08% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.02 Cr | 4.08% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹25.02 Cr | 4.08% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹24.99 Cr | 4.07% |
| 364 DTB 05122024 | Bond - Gov't/Treasury | ₹24.92 Cr | 4.06% |
| Indian Oil Corporation Limited | Bond - Corporate Bond | ₹24.9 Cr | 4.06% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.84 Cr | 4.05% |
| Axis Securities Ltd | Cash | ₹24.82 Cr | 4.05% |
| Small Industries Development Bank Of India | Cash | ₹24.81 Cr | 4.04% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹24.76 Cr | 4.04% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.65 Cr | 4.02% |
| Axis Bank Ltd | Cash | ₹23.52 Cr | 3.83% |
| Other Current Assets | Cash | ₹12.96 Cr | 2.11% |
| Govt Stock 04102028 | Bond - Gov't/Treasury | ₹10.06 Cr | 1.64% |
| Kotak Mahindra Bank Ltd | Cash | ₹4.74 Cr | 0.77% |
| CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2 | Mutual Fund - Open End | ₹1.6 Cr | 0.26% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹285.82 Cr | 46.59% |
| Cash | ₹217.13 Cr | 35.39% |
| Cash - Repurchase Agreement | ₹73.98 Cr | 12.06% |
| Bond - Gov't/Treasury | ₹34.99 Cr | 5.70% |
| Mutual Fund - Open End | ₹1.6 Cr | 0.26% |
| Cash - Commercial Paper | ₹0 Cr | - |
| Cash - CD/Time Deposit | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.49%
Cat. avg.
0.70%
Lower the better
Sharpe Ratio
This fund
-0.22
Cat. avg.
-0.63
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
Avnish Jain
Since April 2022
Kunal Jain
Since September 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF760K01GM1 | Expense Ratio 0.30% | Exit Load No Charges | Fund Size ₹627 Cr | Age 11 years 10 months | 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% | ₹242.78 Cr | 6.9% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹627.14 Cr | 6.8% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1304.45 Cr | 7.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1304.45 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹246.19 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹246.19 Cr | 6.8% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹3046.30 Cr | 7.2% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹8313.36 Cr | 7.2% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹229.27 Cr | 7.3% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹229.27 Cr | 7.8% |
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 Low to Moderate Risk
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- Avnish Jain
- Kunal Jain
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