Fund Details
Canara Robeco Corporate Bond Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.38% |
| NAV | ₹18.02 (25 Jan 2021) |
|---|---|
| Fund Started | 07 Feb 2014 |
| Fund Size | ₹333 Cr |
Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.35%
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. 1Y 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 |
|---|---|---|---|
| Indian Oil Corpn. Ltd. | Energy | Debenture | 7.6% |
| GOI | Sovereign | GOI Sec | 6.3% |
| National Thermal Power Corp. Ltd. | Energy | Debenture | 5.0% |
| Power Grid Corporation of India Ltd. | Energy | Debenture | 4.8% |
| REC Ltd. | Financial | Debenture | 4.7% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.5% |
| Reliance Industries Ltd. | Energy | NCD | 3.4% |
| LIC Housing Finance Ltd. | Financial | Debenture | 3.2% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 3.1% |
| REC Ltd. | Financial | Debenture | 3.1% |
Fund Managers
Canara Robeco Corporate Bond Fund Direct Growth Details
Canara Robeco Corporate Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 07 Feb 2014. Avnish Jain is the Current Fund Manager of Canara Robeco Corporate Bond Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹333 Cr and the Latest NAV as of 25 Jan 2021 is ₹18.02.
The Canara Robeco Corporate Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.50% if redeemed within 90 days.
Investment Objective
The Scheme seeks to generate income and capital appreciation through a portfolio constituted predominantly of AA+ and above rated Corporate Debt across maturities.
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.
