Fund Details
Canara Robeco Savings Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.34% |
| NAV | ₹33.89 (23 Jun 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹1,600 Cr |
Returns
Comparison
1. Lower expense ratio - 0.34%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 7.2% |
| Bank Of Baroda | Financial | CD | 6.3% |
| Reserve Bank of India | Financial | T-Bills | 6.0% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| Axis Bank Ltd. | Financial | CD | 4.6% |
| Madhya Pradesh State | Others | SDL | 4.1% |
| GOI | Sovereign | GOI Sec | 3.9% |
| Reserve Bank of India | Financial | T-Bills | 3.1% |
| Reserve Bank of India | Financial | T-Bills | 3.1% |
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 ₹1,600 Cr and the Latest NAV as of 23 Jun 2021 is ₹33.89.
The Canara Robeco Savings Fund Direct Growth is rated Low to Moderate 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.
