How to Invest in Canara Robeco Liquid Direct Plan IDCW Daily?

You can easily invest in Canara Robeco Liquid Direct Plan IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Canara Robeco Liquid Direct Plan IDCW Daily from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Canara Robeco Liquid Direct Plan IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Canara Robeco Liquid Direct Plan IDCW Daily provide?

The Canara Robeco Liquid Direct Plan IDCW Daily has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.37% since its inception.

How much expense ratio is charged by Canara Robeco Liquid Direct Plan IDCW Daily?

The term Expense Ratio used for Canara Robeco Liquid Direct Plan IDCW Daily or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Canara Robeco Liquid Direct Plan IDCW Daily is 0.08% as of 26 Sep 2025...

What is the AUM of Canara Robeco Liquid Direct Plan IDCW Daily?

The AUM, short for Assets Under Management of Canara Robeco Liquid Direct Plan IDCW Daily is ₹7,135.69Cr as of 26 Sep 2025.

How to Redeem Canara Robeco Liquid Direct Plan IDCW Daily?

If you want to sell your Canara Robeco Liquid Direct Plan IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Canara Robeco Liquid Direct Plan IDCW Daily?

You can select either SIP or Lumpsum investment of Canara Robeco Liquid Direct Plan IDCW Daily based on your investment objective and risk tolerance.

What is the NAV of Canara Robeco Liquid Direct Plan IDCW Daily?

The NAV of Canara Robeco Liquid Direct Plan IDCW Daily is ₹1,005.50 as of 25 Sep 2025.

What is the PE and PB ratio of Canara Robeco Liquid Direct Plan IDCW Daily?

The PE ratio ratio of Canara Robeco Liquid Direct Plan IDCW Daily is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Canara Robeco Liquid Direct Plan IDCW Daily - NAV, Mutual Fund Performance & Portfolio

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Canara Robeco Liquid Direct Plan IDCW Daily
Debt
Liquid
Low Risk
Payout
+5.63%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
 NAV: 25 Sep 2025
₹1,005.50
Rating
4
Min. SIP amount
Not Supported
Fund size
₹7,135.69Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (47)NameSectorInstrumentAssets
Larsen & Toubro Ltd.
ConstructionCP5.23%
Reserve Bank of India
FinancialT-Bills5.10%
ICICI Securities Ltd.
FinancialCP4.20%
Reserve Bank of India
FinancialT-Bills4.16%
HDFC Bank Ltd.
FinancialCD3.84%
ICICI Home Finance Company Ltd.
FinancialCP3.84%
Grasim Industries Ltd.
ConstructionCP3.50%
Bank of India
FinancialCD3.49%
Axis Bank Ltd.
FinancialCD3.46%
Indian Oil Corporation Ltd.
EnergyCP3.15%
Bank of India
FinancialCD2.80%
Axis Bank Ltd.
FinancialCD2.80%
Punjab National Bank
FinancialCD2.80%
HDFC Bank Ltd.
FinancialCD2.79%
NTPC Ltd.
EnergyCP2.79%
Reserve Bank of India
FinancialT-Bills2.79%
Reliance Retail Ventures Ltd.
ServicesCP2.77%
Aditya Birla Capital Ltd.
FinancialCP2.77%
Axis Bank Ltd.
FinancialCD2.45%
Union Bank of India
FinancialCD2.44%
Export-Import Bank Of India
FinancialCP2.10%
Union Bank of India
FinancialCD2.10%
Kotak Mahindra Securities Ltd.
FinancialCP2.10%
Kotak Mahindra Securities Ltd.
FinancialCP1.75%
ICICI Bank Ltd.
FinancialCD1.45%
Bajaj Finance Ltd.
FinancialCP1.40%
National Bank For Agriculture & Rural Development
FinancialCP1.40%
HDFC Securities Ltd.
FinancialCP1.40%
Punjab National Bank
FinancialCD1.39%
Kotak Mahindra Securities Ltd.
FinancialCP1.38%
Export-Import Bank Of India
FinancialCP1.38%
ICICI Securities Ltd.
FinancialCP1.38%
Reliance Retail Ventures Ltd.
ServicesCP1.38%
Reserve Bank of India
FinancialT-Bills1.05%
LIC Housing Finance Ltd.
FinancialCP1.05%
HDFC Securities Ltd.
FinancialCP1.05%
SBI Cards And Payment Services Ltd.
FinancialCP0.70%
Punjab National Bank
FinancialCD0.70%
Reserve Bank of India
FinancialT-Bills0.70%
SBICAP Securities Ltd.
FinancialCD0.69%
Axis Bank Ltd.
FinancialCD0.55%
Indian Bank
FinancialCD0.35%
Aditya Birla Finance Ltd.
FinancialCP0.35%
Tata Capital Housing Finance Ltd.
FinancialCP0.35%
HDFC Bank Ltd.
FinancialCD0.35%
Reserve Bank of India
FinancialT-Bills0.14%
Reserve Bank of India
FinancialT-Bills0.07%
See All
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Liquid
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.4%5.6%NA
Category averageNA6.6%6.9%NA
Rank with in categoryNANANANA
Understand terms
Peer ComparisonDebt, Liquid fundsRating1Y3YFund Size(Cr)
Axis Liquid Direct Fund IDCW Weekly
5
7.0%7.1%37,122.11
Aditya Birla Sun Life Liquid Fund Direct IDCW
5
NANA49,720.60
Axis Liquid Direct Fund IDCW Monthly
5
NANA37,122.11
Edelweiss Liquid Direct IDCW Weekly
5
NANA10,217.51
Edelweiss Liquid Direct IDCW Monthly
5
NANA10,217.51
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Exit load
01 Apr 2016
NA
Expense ratio, exit load and taxExpense ratio: 0.08%Inclusive of GST
Exit loadExit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Fund managementAvnish Jain
Apr 2022 - Present
View details
Education
Mr. Jain is a B.Tech from IIT Kharagpur and Post Graduate from IIM Kolkata.
Experience
Prior to joining Canara Robeco AMC he has worked with ICICI Prudential AMC, PGIM India Mutual Fund, Deutsche Asset Management, Misys Software Solutions, Yes Bank and ICICI Bank.
Also manages these schemes
Canara Robeco Equity Hybrid Fund Direct Growth
Canara Robeco Income Direct Growth
Canara Robeco Dynamic Bond Fund Direct Growth
Canara Robeco Savings Fund Direct Growth
Canara Robeco Gilt Fund Direct Growth
Canara Robeco Gold Savings Fund Direct Growth
Canara Robeco Liquid Direct Plan Growth
Canara Robeco Conservative Hybrid Fund Direct Growth
Canara Robeco Ultra Short Term Fund Direct Growth
Canara Robeco Short Duration Fund Direct Growth
Canara Robeco Corporate Bond Fund Direct Growth
Canara Robeco Liquid Unclaimed IDCW and Redemption
Canara Robeco Banking and PSU Debt Fund Direct Growth
Kunal Jain
Jul 2022 - Present
View details
Education
Mr. Jain is a B.Com and MBA (Marketing).
Experience
Prior to joining Canara Robeco Mutual Fund, he has worked with PGIM India Mutual Fund, Indiabulls AMC Ltd. as Fund Manager, LIC Nomura AMC Ltd. as Fund manager and Kotak Mahindra AMC Ltd. as Fixed Income Dealer.
Also manages these schemes
Canara Robeco Income Direct Growth
Canara Robeco Dynamic Bond Fund Direct Growth
Canara Robeco Savings Fund Direct Growth
Canara Robeco Gilt Fund Direct Growth
Canara Robeco Liquid Direct Plan Growth
Canara Robeco Ultra Short Term Fund Direct Growth
Canara Robeco Liquid Unclaimed IDCW and Redemption
Canara Robeco Multi Asset Allocation Fund Direct Growth
Fund house & investment objective
Canara Robeco Mutual Fund
Rank (total assets)#18 in India
Total AUM₹1,18,147.54Cr
Date of Incorporation19 Dec 1987
    Canara Robeco Liquid Direct Plan IDCW Daily is a Debt Mutual Fund Scheme launched by Canara Robeco Mutual Fund.     This scheme was made available to investors on 19 Dec 1987.     Suman Prasad, Girish Hisaria is the Current Fund Manager of Canara Robeco Liquid Direct Plan IDCW Daily fund.     The fund currently has an Asset Under Management(AUM) of ₹1,18,148 Cr and     the Latest NAV as of 25 Sep 2025 is ₹1,005.50.  

    The Canara Robeco Liquid Direct Plan IDCW Daily is rated Low risk.     Minimum SIP Investment is set to ₹1,000.          Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
  ;
Investment ObjectiveThe fund seeks enhancement of income while maintaining a high level of liquidity through investment in a mix of money market instruments and debt securities. 
 
;
Fund benchmarkCRISIL Liquid Debt A-I Index
Scheme Information Document(SID)
Fund house contact details
Address
4th Floor - Construction House,5 - Walchand Hirachand Marg, Mumbai 400001
Phone
022-22621371/ 66585000 / 665850010
Launch Date
19 Dec 1987
E-mail
NA
Website
www.canararobeco.com
Canara Robeco Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4,  Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Canara Robeco Liquid Direct Plan IDCW Daily
VS
Add mutual fund to compare

Name	Sector	Instrument	Assets
Larsen & Toubro Ltd.	Construction	CP	5.23%
Reserve Bank of India	Financial	T-Bills	5.10%
ICICI Securities Ltd.	Financial	CP	4.20%
Reserve Bank of India	Financial	T-Bills	4.16%
HDFC Bank Ltd.	Financial	CD	3.84%
ICICI Home Finance Company Ltd.	Financial	CP	3.84%
Grasim Industries Ltd.	Construction	CP	3.50%
Bank of India	Financial	CD	3.49%
Axis Bank Ltd.	Financial	CD	3.46%
Indian Oil Corporation Ltd.	Energy	CP	3.15%
Bank of India	Financial	CD	2.80%
Axis Bank Ltd.	Financial	CD	2.80%
Punjab National Bank	Financial	CD	2.80%
HDFC Bank Ltd.	Financial	CD	2.79%
NTPC Ltd.	Energy	CP	2.79%
Reserve Bank of India	Financial	T-Bills	2.79%
Reliance Retail Ventures Ltd.	Services	CP	2.77%
Aditya Birla Capital Ltd.	Financial	CP	2.77%
Axis Bank Ltd.	Financial	CD	2.45%
Union Bank of India	Financial	CD	2.44%
Export-Import Bank Of India	Financial	CP	2.10%
Union Bank of India	Financial	CD	2.10%
Kotak Mahindra Securities Ltd.	Financial	CP	2.10%
Kotak Mahindra Securities Ltd.	Financial	CP	1.75%
ICICI Bank Ltd.	Financial	CD	1.45%
Bajaj Finance Ltd.	Financial	CP	1.40%
National Bank For Agriculture & Rural Development	Financial	CP	1.40%
HDFC Securities Ltd.	Financial	CP	1.40%
Punjab National Bank	Financial	CD	1.39%
Kotak Mahindra Securities Ltd.	Financial	CP	1.38%
Export-Import Bank Of India	Financial	CP	1.38%
ICICI Securities Ltd.	Financial	CP	1.38%
Reliance Retail Ventures Ltd.	Services	CP	1.38%
Reserve Bank of India	Financial	T-Bills	1.05%
LIC Housing Finance Ltd.	Financial	CP	1.05%
HDFC Securities Ltd.	Financial	CP	1.05%
SBI Cards And Payment Services Ltd.	Financial	CP	0.70%
Punjab National Bank	Financial	CD	0.70%
Reserve Bank of India	Financial	T-Bills	0.70%
SBICAP Securities Ltd.	Financial	CD	0.69%
Axis Bank Ltd.	Financial	CD	0.55%
Indian Bank	Financial	CD	0.35%
Aditya Birla Finance Ltd.	Financial	CP	0.35%
Tata Capital Housing Finance Ltd.	Financial	CP	0.35%
HDFC Bank Ltd.	Financial	CD	0.35%
Reserve Bank of India	Financial	T-Bills	0.14%
Reserve Bank of India	Financial	T-Bills	0.07%

	6M	1Y	3Y	All
Fund returns	NA	3.4%	5.6%	NA
Category average	NA	6.6%	6.9%	NA
Rank with in category	NA	NA	NA	NA

Debt, Liquid funds	Rating	1Y	3Y	Fund Size(Cr)
Axis Liquid Direct Fund IDCW Weekly	5	7.0%	7.1%	37,122.11
Aditya Birla Sun Life Liquid Fund Direct IDCW	5	NA	NA	49,720.60
Axis Liquid Direct Fund IDCW Monthly	5	NA	NA	37,122.11
Edelweiss Liquid Direct IDCW Weekly	5	NA	NA	10,217.51
Edelweiss Liquid Direct IDCW Monthly	5	NA	NA	10,217.51