Fund Details
Canara Robeco Savings Fund Direct Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.30% |
| NAV | ₹33.38 (22 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹1,395 Cr |
Returns
Comparison
1. Lower expense ratio - 0.3%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 8.2% |
| Bank Of Baroda | Financial | CD | 7.1% |
| National Bank For Agriculture & Rural Development | Financial | CD | 5.3% |
| Axis Bank Ltd. | Financial | CD | 5.2% |
| Madhya Pradesh State | Others | SDL | 4.7% |
| LIC Housing Finance Ltd. | Financial | NCD | 3.7% |
| Sundaram Finance Ltd. | Financial | CP | 3.6% |
| Reserve Bank of India | Financial | T-Bills | 3.5% |
| Reserve Bank of India | Financial | T-Bills | 3.5% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 2.9% |
Fund Managers
Canara Robeco Savings Fund Direct Growth Details
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 ₹1,395 Cr and the Latest NAV as of 22 Jan 2021 is ₹33.38.
The Canara Robeco Savings Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
The Scheme seeks to generate income/capital appreciation by investing in a portfolio comprising of low duration debt instruments and money market instruments.
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.
