Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl

Debt
Direct
Low Duration
Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl

About the Fund

Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl 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 Weekly Payout of Income Dist cum Cap Wdrl has ₹884 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.

Returns

Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl has given a CAGR return of 5.73% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.64%, 5.17% and 5.19% respectively.

Holdings

Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl has allocated its funds majorly in Corporate, Financial Services, Industrial, Government, Basic Materials, Cash Equivalent, Health, Consumer Defensive, Consumer Cyclical, Tech. Its top holdings are Small Industries Development Bank Of India, HDFC Bank Limited, Punjab National Bank, Gscg 15sep2026, Indian Railway Finance Corporation Limited

Taxation

As it is a low duration 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 Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl

To generate income/capital appreciation by investing in a portfolio comprising of low duration debt instruments and money market instruments. 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 5000.00 and for SIP is INR 1000.00. Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.29%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹884 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
275.4%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
68.2%
Government
21.3%
Cash Equivalent
10.5%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Small Industries Development Bank Of India
Small Industries Development Bank Of India
6.9%
0%
HDFC Bank Limited
HDFC Bank Limited
5.6%
0%
Punjab National Bank
Punjab National Bank
5.42%
0%
Gscg 15sep2026
Gscg 15sep2026
4.5%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
4.04%
0%

Avnish Jain
Avnish Jain
Fund Manager of Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl, since 1 April 2022
Kunal Jain
Kunal Jain
Fund Manager of Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl, since 18 July 2022

Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl 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 5.73% since inception which is more than its category average return of 4.99%
AUM size ₹884 Cr

AUM size ₹884 Cr

This fund has AUM of ₹884 Cr which is less than its category average of ₹ 3863 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 0.63%

Frequently Asked Questions

The current NAV of Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl is ₹10.26 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.05%
0.05%
6 Month Returns
2.1%
2.1%
1 Year Returns
5.64%
5.64%
3 Years Returns
16.32%
5.17%
5 Years Returns
28.82%
5.19%
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 June 2024
₹884 Cr as on June 2024
Small Industries Development Bank Of India(6.9%), HDFC Bank Limited(5.6%), Punjab National Bank(5.42%), Gscg 15sep2026(4.5%), Indian Railway Finance Corporation Limited(4.04%) as on June 2024
Corporate(66.13%), Government(20.09%), Cash Equivalent(13.78%) as on June 2024
Yield to Maturity is 7.6 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 0.84 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 Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl
The Exit load of Canara Robeco Savings Fund Direct Plan Weekly Payout of Income Dist cum Cap Wdrl is 0%