Canara Robeco Savings Fund Direct Plan Growth Option

Canara Robeco Savings Fund Direct Plan Growth Option

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Debt
Direct
Low Duration
NAV: ₹ 39.52 as on 16-04-2024
Fund Performance
zero opening, trading, fund transfer fee
16 people have invested ₹ 14.5L in Canara Robeco Savings Fund Direct Plan Growth Option in the last three months

Mutual Fund Insights

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In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.87% return, outperforming this fund by 0.95% per annum.
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This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.29% which is lower than the category average expense ratio of 0.67%.
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Over the last 15 months, this fund has decreased expense ratio by 12.1% moving from 0.33 to 0.29.
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In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 8.07% return, outperforming this fund by 0.55%.
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Over the last 1 month, this fund has experienced a 14.0% drop in AUM moving from 873.71 Cr to 751.19 Cr.
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In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.42% return, outperforming this fund by 1.93% per annum.

About the Canara Robeco Savings Fund Direct Plan Growth Option

Canara Robeco Savings Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Avnish Jain, Kunal Jain. This fund is suitable to keep your money safe.

Key Parameters

  1. Canara Robeco Savings Fund Direct Plan Growth Option has ₹751 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Canara Robeco Savings Fund Direct Plan Growth Option Overview

Expense ratio
Expense ratio
0.29%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹751 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
275.4%

Canara Robeco Savings Fund Direct Plan Growth Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.6%

Credit rating breakup

AAA
100%
Sector Allocation

Mar'24

Feb'24

Jan'24

Corporate
68%
Cash Equivalent
16.9%
Government
15.1%

Top Holdings of Canara Robeco Savings Fund Direct Plan Growth Option as on (31-Mar-24)

  • Debt & Cash

Debt Holdings28
Holdings
Weight%
1M Change
Power Finance Corporation Limited
Power Finance Corporation Limited
6.64%
0%
Axis Bank Limited
Axis Bank Limited
6.43%
0%
HDFC Bank Limited
HDFC Bank Limited
6.21%
100%
Gscg 15sep2026
Gscg 15sep2026
5.09%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
4.67%
0%

Canara Robeco Savings Fund Direct Plan Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 873.7 Cr
₹ 873.7 Cr
₹ 885.5 Cr
  • AUM of the fund stands at 873.7 Cr as of Mar'24
  • AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes

Canara Robeco Savings Fund Direct Plan Growth Option Fund Manager

Avnish Jain
Avnish Jain
Fund Manager of Canara Robeco Savings Fund Direct Plan Growth Option, since 1 April 2022
Kunal Jain
Kunal Jain
Fund Manager of Canara Robeco Savings Fund Direct Plan Growth Option, since 18 July 2022

Canara Robeco Savings Fund Direct Plan Growth Option 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 7.25% since inception which is more than its category average return of 4.98%
AUM size ₹751 Cr

AUM size ₹751 Cr

This fund has AUM of ₹751 Cr which is less than its category average of ₹ 3469 Cr
Expense Ratio 0.29%

Expense Ratio 0.29%

This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of Canara Robeco Savings Fund Direct Plan Growth Option is ₹39.52 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Canara Robeco Savings Fund Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.76%
0.76%
6 Month Returns
3.76%
3.76%
1 Year Returns
7.52%
7.52%
3 Years Returns
17.39%
5.49%
5 Years Returns
33.33%
5.92%
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.
0.29% as on March 2024
₹751 Cr as on March 2024
Power Finance Corporation Limited(6.64%), Axis Bank Limited(6.43%), HDFC Bank Limited(6.21%), Gscg 15sep2026(5.09%), Rural Electrification Corporation Limited(4.67%) as on March 2024
Corporate(67.99%), Cash Equivalent(16.88%), Government(15.13%) as on March 2024
Yield to Maturity is 7.74 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 1.03 as on March 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 Savings Fund Direct Plan Growth Option
The Exit load of Canara Robeco Savings Fund Direct Plan Growth Option is 0%