|Min SIP Amount||₹1000|
|NAV||₹33.12 (23 Oct 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹1,218 Cr|
|Reserve Bank of India||Financial||T-Bills||6.5%|
|LIC Housing Finance Ltd.||Financial||NCD||4.3%|
|Indian Oil Corpn. Ltd.||Energy||CP||4.1%|
|Reserve Bank of India||Financial||T-Bills||4.1%|
|Kotak Mahindra Bank Ltd.||Financial||CD||4.1%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||3.2%|
|Mahindra & Mahindra Financial Services Ltd.||Financial||Debenture||3.0%|
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 ₹1,218 Cr and the Latest NAV as of 23 Oct 2020 is ₹33.12.
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 Scheme seeks to generate income/capital appreciation by investing in a portfolio comprising of low duration debt instruments and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.