Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth

Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth is a hybrid fund. This fund was started on 30 March, 2016. The fund is managed by Kunal Jain, Avnish Jain. This fund gives you the benefit of diversification.

1. Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth has ₹6399 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth has given a CAGR return of 6.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.88%, 7.18% and 5.82% respectively.

Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth has allocated its funds majorly in Basic Materials, Cash Equivalent, Corporate, Government.

As it is a liquid mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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 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.