Fund Details
Canara Robeco Income Direct Dividend Quarterly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.75% |
| NAV | ₹16.68 (27 Nov 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹151 Cr |
Returns
as per Historical Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 7.4% |
| GOI | Sovereign | GOI Sec | 7.2% |
| Indian Railway Finance Corpn. Ltd. | Financial | NCD | 7.1% |
| GOI | Sovereign | GOI Sec | 7.0% |
| GOI | Sovereign | GOI Sec | 6.8% |
| GOI | Sovereign | GOI Sec | 6.6% |
| GOI | Sovereign | GOI Sec | 6.0% |
| Reliance Industries Ltd. | Energy | NCD | 3.8% |
| LIC Housing Finance Ltd. | Financial | Debenture | 3.7% |
| GOI | Sovereign | GOI Sec | 3.7% |
Fund Managers
Canara Robeco Income Direct Dividend Quarterly Details
Canara Robeco Income Direct Dividend Quarterly is a Debt Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Avnish Jain is the Current Fund Manager of Canara Robeco Income Direct Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹151 Cr and the Latest NAV as of 27 Nov 2020 is ₹16.68.
The Canara Robeco Income Direct Dividend Quarterly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1.00% if amount is redeemed / switched out within 12 months from the date of allotment.
Investment Objective
The Scheme seeks to generate income and capital appreciation through a portfolio constituted of medium to long term debt and money market securities and issuers of different risk profiles.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
