Fund Details
Canara Robeco Corporate Bond Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.38% |
| NAV | ₹18.32 (23 Jun 2021) |
|---|---|
| Fund Started | 07 Feb 2014 |
| Fund Size | ₹308 Cr |
Returns
Comparison
1. Lower expense ratio - 0.38%
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. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 12.9% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 5.2% |
| National Housing Bank | Financial | NCD | 5.2% |
| REC Ltd. | Financial | Debenture | 5.0% |
| Reliance Industries Ltd. | Energy | NCD | 5.0% |
| Indian Railway Finance Corpn. Ltd. | Financial | Bonds | 5.0% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 4.9% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.9% |
| National Thermal Power Corp. Ltd. | Energy | Bonds | 3.5% |
| LIC Housing Finance Ltd. | Financial | Debenture | 3.4% |
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 ₹308 Cr and the Latest NAV as of 23 Jun 2021 is ₹18.32.
The Canara Robeco Corporate Bond Fund Direct Growth is rated Low to 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.
