Canara Robeco Savings Fund Direct Dividend+0.02%

4Groww
8.98%
1 Year Return
Debt
Low Duration
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Canara Robeco Savings Fund Direct Dividend

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.30%
NAV27.72 (23 Oct 2019)
Fund Started02 Jan 2013
Fund Size1,061 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Canara Robeco Savings Fund Direct Dividend
9.0%
7.5%
8.1%
8.3%
Category Average
3.0%
5.4%
6.5%
-
Rank within category
12
12
11
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 9.0% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk-adjusted returns are higher compared to the category
    3. Risk is lower compared to the benchmark
    4. Lower expense ratio
    5. 1Y Returns are higher than the benchmark
    6. 3Y Returns are higher than the benchmark
    7. 5Y Returns are higher than the benchmark
    8. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Andhra BankFinancialCD6.9%
    Bank Of BarodaFinancialCD6.9%
    Axis Bank Ltd.FinancialCD4.7%
    HDFC Bank Ltd.FinancialCD4.6%
    Housing Development Finance Corpn. Ltd.FinancialCP4.6%
    Indian BankFinancialCD4.6%
    Axis Finance Ltd.FinancialCP4.6%
    Mahindra & Mahindra Financial Services Ltd.FinancialDebenture3.5%
    Kotak Mahindra Prime Ltd.FinancialDebenture2.7%
    LIC Housing Finance Ltd.FinancialNCD2.4%
    See All

    Fund Managers

    addSuman Prasad
    Education
    Mrs. Prasad is B.Sc and PGDMS.
    Experience
    She has been associated with Canara Robeco since 1996.
    Funds Managed
    addGirish Hisaria
    Education
    Mr. Hisaria is a B.Com (H) and MMS (Finance).
    Experience
    Prior to joining Canara Robeco AMC, he has worked as Vice President - JM Financial Mutual Fund ( May 2006-August 2014), as Senior Associate - Fixed Income Research - Darashaw Securities Pvt. Ltd. ( May 2004-May 2006) and as Research Analyst - Sahara Indian Financial Corp. ( March 2002-May 2004).
    Funds Managed

    Other Details

    Canara Robeco Savings Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Suman Prasad, Girish Hisaria is the Current Fund Manager of Canara Robeco Savings Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹1,061 Cr and the Latest NAV as of 23 Oct 2019 is ₹27.72.

    The Canara Robeco Savings Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    The fund seeks to generate income by investing in a portfolio comprising of short term debt instruments and money market instruments with weighted average portfolio duration of equal to or less than 1 year.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Canara Robeco Mutual Fund

    Address
    Construction House, 4th Floor, 5 Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001
    Phone
    022 66585000
    Launch Date
    18 Dec 1987
    Website
    NA
    Canara Robeco Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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