Fund Details
Canara Robeco Income from Debt Instruments & Gold Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.77% |
| NAV | ₹15.59 (11 May 2018) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹40 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 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
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio - 1.77%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 26.4% |
| Canara Robeco Gold Exchange Traded Fund | Financial | Mutual Fund | 11.4% |
| Maharashtra State | Others | SDL | 4.9% |
| Reliance ETF Gold BeES | Financial | Mutual Fund | 4.8% |
| Power Finance Corpn. Ltd. | Financial | NCD | 4.0% |
Fund Managers
Canara Robeco Income from Debt Instruments & Gold Fund Direct Growth Details
Canara Robeco Income from Debt Instruments & Gold Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Avnish Jain, Kiran Shetty is the Current Fund Manager of Canara Robeco Income from Debt Instruments & Gold Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹40 Cr and the Latest NAV as of 11 May 2018 is ₹15.59.
The Canara Robeco Income from Debt Instruments & Gold Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Exit load of 1% if redeemed within 1 year. Same for SIP.
Investment Objective
To generate income from a portfolio constituted of debt and money market securities along with investments in Gold ETFs.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
