Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth

Debt
Direct
Liquid
Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth

About the Fund

Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth is a debt fund. This fund was started on 30 March, 2016. The fund is managed by Avnish Jain, Kunal Jain. This fund is suitable to keep your money safe.

Key Parameters

  1. Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth has ₹3945 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth has given a CAGR return of 5.92% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.47%, 5.96% and 5.18% respectively.

Holdings

Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth has allocated its funds majorly in Basic Materials, Cash Equivalent, Corporate, Government. Its top holdings are 91 DTB 08082024, Indian Oil Corporation Limited, Union Bank Of India, HDFC Bank Limited, Bank Of Baroda

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth

The scheme has been formulated with the objective of enhancement of income, while maintaining a level of high liquidity, through investment in a mix of Money Market Instruments & Debt Securities. However, there can be no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.2%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹3945 Cr
Inception Date30 March, 2016
Min Lumpsum/SIP--/--
Exit Load
0.007%
Lock InNo Lock-in
TurnOver
924.68%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
81.3%
Corporate
18.7%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
91 DTB 08082024
91 DTB 08082024
11.87%
0%
Indian Oil Corporation Limited
Indian Oil Corporation Limited
6.27%
0%
Union Bank Of India
Union Bank Of India
6.26%
100%
HDFC Bank Limited
HDFC Bank Limited
5.02%
100%
Bank Of Baroda
Bank Of Baroda
4.91%
100%

Avnish Jain
Avnish Jain
Fund Manager of Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth, since 1 April 2022
Kunal Jain
Kunal Jain
Fund Manager of Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth, since 18 July 2022

Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.92% since inception which is more than its category average return of 4.97%
AUM size ₹3945 Cr

AUM size ₹3945 Cr

This fund has AUM of ₹3945 Cr which is less than its category average of ₹ 13251 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth is ₹1613.51 as on 22-Jul-2024.
Existing (Absolute + CAGR) as on 22-Jul-2024.
Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.6%
0.6%
6 Month Returns
3.75%
3.75%
1 Year Returns
7.47%
7.47%
3 Years Returns
18.98%
5.96%
5 Years Returns
28.73%
5.18%
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.
0.2% as on June 2024
₹3945 Cr as on June 2024
91 DTB 08082024(11.87%), Indian Oil Corporation Limited(6.27%), Union Bank Of India(6.26%), HDFC Bank Limited(5.02%), Bank Of Baroda(4.91%) as on June 2024
Cash Equivalent(70.43%), Corporate(29.32%), Government(0.25%) as on June 2024
Yield to Maturity is 7.24 as on June 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 0.16 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Avnish Jain, Kunal Jain are the fund managers of Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth
The Exit load of Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth is 0.01%