Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl

Debt
Direct
Short Duration
Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl

About the Fund

Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Suman Prasad, Avnish Jain. This fund is suitable to keep your money safe.

Key Parameters

  1. Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl has ₹387 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl has given a CAGR return of 6.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.13%, 4.94% and 5.32% respectively.

Holdings

Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl has allocated its funds majorly in Corporate, Financial Services, Government, Consumer Cyclical, Energy, Health, Cash Equivalent, Industrial, Basic Materials. Its top holdings are 7.18% Govt Stock 2033, Rural Electrification Corporation Limited, 7.06% Govt Stock 2028, Indian Railway Finance Corporation Limited, Bajaj Housing Finance Limited

Taxation

As it is a short 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 Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl

To generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile. However, there is no assurance that the objective of the Fund will be realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.41%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹387 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
114.11%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.6%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
51.7%
Government
38.4%
Cash Equivalent
9.9%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
10.43%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
6.48%
0%
7.06% Govt Stock 2028
7.06% Govt Stock 2028
6.46%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
6.45%
0%
Bajaj Housing Finance Limited
Bajaj Housing Finance Limited
6.45%
0%

Suman Prasad
Suman Prasad
Fund Manager of Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl, since 16 September 2012
Avnish Jain
Avnish Jain
Fund Manager of Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl, since 18 July 2022

Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 6.43% since inception which is more than its category average return of 5.64%
AUM size ₹387 Cr

AUM size ₹387 Cr

This fund has AUM of ₹387 Cr which is less than its category average of ₹ 3614 Cr
Expense Ratio 0.41%

Expense Ratio 0.41%

This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 0.68%

Frequently Asked Questions

The current NAV of Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl is ₹17.38 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.35%
0.35%
6 Month Returns
3.11%
3.11%
1 Year Returns
6.13%
6.13%
3 Years Returns
15.56%
4.94%
5 Years Returns
29.57%
5.32%
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.
0.41% as on May 2024
₹387 Cr as on May 2024
7.18% Govt Stock 2033(10.43%), Rural Electrification Corporation Limited(6.48%), 7.06% Govt Stock 2028(6.46%), Indian Railway Finance Corporation Limited(6.45%), Bajaj Housing Finance Limited(6.45%) as on May 2024
Corporate(51.66%), Government(38.43%), Cash Equivalent(9.91%) as on May 2024
Yield to Maturity is 7.51 as on May 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 2.43 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Suman Prasad, Avnish Jain are the fund managers of Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl
The Exit load of Canara Robeco Short Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum Cap Wdrl is 0%