Canara Robeco Liquid Direct Plan Growth
Debt
Direct
Liquid
NAV: ₹ 2905.76 as on 18-04-2024
Fund Performance
191 people have invested ₹ 87.8L in Canara Robeco Liquid Direct Plan Growth in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.11% which is lower than the category average expense ratio of 0.27%.
In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.72% return, outperforming this fund by 0.17% per annum.
Over the last 1 month, this fund has decreased expense ratio by 8.3% moving from 0.12 to 0.11.
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.39% return, outperforming this fund by 0.05%.
Over the last 1 month, this fund has experienced a 39.4% drop in AUM moving from 3.64K Cr to 2.21K Cr.
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.78% return, outperforming this fund by 0.69% per annum.
About the Canara Robeco Liquid Direct Plan Growth
Canara Robeco Liquid Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kunal Jain, Avnish Jain. This fund is suitable to keep your money safe.
Key Parameters
- Canara Robeco Liquid Direct Plan Growth has ₹3627 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Canara Robeco Liquid Direct Plan Growth Overview
 | 0.11% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹3627 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 924.68% |
Canara Robeco Liquid Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
52.6%
Corporate
45%
Government
2.4%
Top Holdings of Canara Robeco Liquid Direct Plan Growth as on (31-Mar-24)
Debt Holdings27
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDB Financial Services | 8.91% | 0% | |
Bank Of Baroda | 6.72% | 0% | |
Axis Bank Limited | 6.72% | 0% | |
Godrej Consumer Products Ltd. | 6.69% | 0% | |
ICICI Bank Limited | 6.68% | 0% |
See all
Canara Robeco Liquid Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.2K Cr as of Mar'24
- AUM decreased by 1.4K Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Canara Robeco Liquid Direct Plan Growth Fund Manager
Kunal Jain
Fund Manager of Canara Robeco Liquid Direct Plan Growth, since 18 July 2022
Top funds managed
Avnish Jain
Fund Manager of Canara Robeco Liquid Direct Plan Growth, since 1 April 2022
Top funds managed
Canara Robeco Liquid Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.7% since inception which is more than its category average return of 4.81%
AUM size ₹3627 Cr
This fund has AUM of ₹3627 Cr which is less than its category average of ₹ 11251 Cr
Expense Ratio 0.11%
This fund has an expense ratio of 0.11% which is less than its category average expense ratio of 0.24%
Frequently Asked Questions
The current NAV of Canara Robeco Liquid Direct Plan Growth is ₹2905.76 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Canara Robeco Liquid Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 3.76% | 3.76% |
1 Year Returns | 7.34% | 7.34% |
3 Years Returns | 17.59% | 5.55% |
5 Years Returns | 28.2% | 5.09% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.11% as on March 2024
₹3627 Cr as on March 2024
HDB Financial Services(8.91%), Bank Of Baroda(6.72%), Axis Bank Limited(6.72%), Godrej Consumer Products Ltd.(6.69%), ICICI Bank Limited(6.68%) as on March 2024
Cash Equivalent(52.63%), Corporate(44.96%), Government(2.41%) as on March 2024
Yield to Maturity is 7.63 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.17 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Kunal Jain, Avnish Jain are the fund managers of Canara Robeco Liquid Direct Plan Growth
The Exit load of Canara Robeco Liquid Direct Plan Growth is 0.01%