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Canara Robeco Corporate Bond Fund Direct IDCW

Debt
Corporate Bond
Low to Moderate Risk
Payout
6.65%
3Y annualised
+0.06% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 May 2022₹12.11
Min. SIP amount₹1,000
Rating2
Fund size₹227.87Cr

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.5%6.7%6.7%7.9%
Category average4.7%8.2%7.6%NA
Rank with in category121411NA
Understand terms

Holdings (27)

NameSectorInstrumentAssets
National Bank For Agriculture & Rural DevelopmentFinancialNCD6.4%
GOI
SovereignCGL6.3%
REC Ltd.FinancialDebenture6.2%
Reliance Industries Ltd.EnergyNCD6.2%
Indian Oil Corporation Ltd.EnergyDebenture6.2%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture6.1%
National Housing Bank
FinancialNCD4.2%
LIC Housing Finance Ltd.
FinancialDebenture4.2%
NTPC Ltd.
EnergyBonds4.2%
Power Finance Corporation Ltd.FinancialDebenture4.2%
See All

Pros and cons

Category: Debt Corporate Bond

Pros

Lower expense ratio: 0.38%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 244Cr. Funds with lower AUM tend to have higher expense ratio
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.38%

Inclusive of GST

Exit load

Exit load of 0.50% if redeemed within 90 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Avnish Jain
Jan 2014 - 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

Fund house & investment objective

Fund house contact details

Address
4th Floor - Construction House,5 - Walchand Hirachand Marg,Ballard Estate, Mumbai 400001
Phone
022-22621371/ 66585000 / 665850010
Launch Date
19 Dec 1987
Website
NA
Amc Image
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,

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FAQs

How to Invest in Canara Robeco Corporate Bond Fund Direct IDCW?

You can easily invest in Canara Robeco Corporate Bond Fund Direct IDCW 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 Corporate Bond Fund Direct IDCW 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 Corporate Bond Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Canara Robeco Corporate Bond Fund Direct IDCW provide?

The Canara Robeco Corporate Bond Fund Direct IDCW has been there from 07 Feb 2014 and the average annual returns provided by this fund is 2.48% since its inception.

How much expense ratio is charged by Canara Robeco Corporate Bond Fund Direct IDCW?

The term Expense Ratio used for Canara Robeco Corporate Bond Fund Direct IDCW 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 Corporate Bond Fund Direct IDCW is 0.38% as of 24 May 2022...

What is the AUM of Canara Robeco Corporate Bond Fund Direct IDCW?

The AUM, short for Assets Under Management of Canara Robeco Corporate Bond Fund Direct IDCW is ₹227.87Cr as of 24 May 2022.

How to Redeem Canara Robeco Corporate Bond Fund Direct IDCW?

If you want to sell your Canara Robeco Corporate Bond Fund Direct IDCW 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 Corporate Bond Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Canara Robeco Corporate Bond Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Canara Robeco Corporate Bond Fund Direct IDCW?

The NAV of Canara Robeco Corporate Bond Fund Direct IDCW is ₹12.11 as of 23 May 2022.

What is the PE and PB ratio of Canara Robeco Corporate Bond Fund Direct IDCW?

The PE ratio ratio of Canara Robeco Corporate Bond Fund Direct IDCW 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).

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