Fund Details
Canara Robeco Ultra Short Term Fund Direct IDCW Daily
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.44% |
| NAV | ₹1240.71 (23 Jul 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹659 Cr |
Returns
Comparison
1. Lower expense ratio - 0.44%
2. 3Y Returns are higher than the category average returns
3. Exit load is zero
4. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 12.1% |
| Reserve Bank of India | Financial | T-Bills | 11.3% |
| Reserve Bank of India | Financial | T-Bills | 7.5% |
| Reserve Bank of India | Financial | T-Bills | 7.5% |
| REC Ltd. | Financial | Debenture | 6.9% |
| Power Finance Corporation Ltd. | Financial | Debenture | 4.6% |
| GOI | Sovereign | CGL | 3.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.8% |
| Larsen & Toubro Ltd. | Construction | CP | 3.8% |
| National Bank For Agriculture & Rural Development | Financial | CD | 3.8% |
Fund Managers
Canara Robeco Ultra Short Term Fund Direct IDCW Daily Details
Canara Robeco Ultra Short Term Fund Direct IDCW Daily 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 Ultra Short Term Fund Direct IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹659 Cr and the Latest NAV as of 23 Jul 2021 is ₹1240.71.
The Canara Robeco Ultra Short Term Fund Direct IDCW Daily 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 returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile.
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.
