| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.32% |
| NAV | ₹32.69 (07 Jul 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹956 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Jio Infocomm Ltd. | Communication | CP | 7.9% |
| LIC Housing Finance Ltd. | Financial | NCD | 5.4% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 5.2% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 3.9% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 3.2% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 2.8% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 2.7% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 2.7% |
| National Housing Bank | Financial | Debenture | 2.7% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.7% |
Canara Robeco Savings Fund Direct Growth is a Debt Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Suman Prasad, Girish Hisaria is the Current Fund Manager of Canara Robeco Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹956 Cr and the Latest NAV as of 07 Jul 2020 is ₹32.69.
The Canara Robeco Savings Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.