Canara Robeco Ultra Short Term Fund

Canara Robeco Ultra Short Term Fund

Debt

Canara Robeco Mutual Fund

Ultra Short Duration

Get the latest NAV of Canara Robeco Ultra Short Term Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹4208.46

NAV as on 13 Mar 2026

6.89%/per year

Since Inception

Absolute Gain%

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38 people have invested ₹ 1.9L in Canara Robeco Ultra Short Term Fund in the last three months

Canara Robeco Ultra Short Term Fund Performance vs. Ultra Short Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (13-Mar-26)

The fund has consistently outperformed the benchmark (Ultra Short Duration Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.37%
1.35%
2.85%
6.76%
7.05%
5.91%
Ultra Short Duration Index
0.28%
1.11%
2.45%
5.97%
6.02%
5.3%
Ultra Short Duration Avg
0.27%
1.11%
2.5%
6.27%
6.72%
5.81%
Best in Ultra Short Duration
0.41%
1.5%
3.14%
7.32%
7.63%
7.5%
Worst in Ultra Short Duration
0.3%
1.24%
2.71%
6.1%
6.46%
5.42%
Category Rank
15/17
17/17
15/17
15/17
10/14
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Canara Robeco Ultra Short Term Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

14
/17
30% Performance
62% Risk Management
13% Cost

Ranked 14 out of 17 mutual funds in the ultra short duration category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Canara Robeco Ultra Short Term Fund
14/17
546Cr
0.36%
6.76%
7.05%
-0.35
1.02
1.43
3.10
-2.40
Tata Ultra Short Term Fund
1/17
3,793Cr
0.29%
7.12%
7.5%
0.19
0.87
3.25
11.40
0.71
ICICI Prudential Ultra Short Term Fund
2/17
16,816Cr
0.39%
7.19%
7.5%
0.10
1.00
2.89
9.75
0.72
DSP Ultra Short Fund
3/17
3,714Cr
0.3%
6.86%
7.43%
0.10
0.92
2.59
7.38
0.18
See all

Canara Robeco Ultra Short Term Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

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Profit

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Absolute Return
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Canara Robeco Ultra Short Term Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
100%
Cash allocation has gone up from 35% to 47.4%
Cash allocation has gone up from 35% to 47.4%
Debt allocation has gone down from 64.7% to 52.2%
Debt allocation has gone down from 64.7% to 52.2%

Canara Robeco Ultra Short Term Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Corporate
50.6%
Cash Equivalent
39.7%
Government
9.7%

Top 2 Sectors in February were Corporate, Government

Feb'26

Corporate

61%

Government

26%

Jan'26

Corporate

64%

Government

24%

Canara Robeco Ultra Short Term Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.36%
Benchmark
CRISIL Ultra Short Duration Debt TR INR
AUM₹546 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
443.91%
Risk
Risk meter
pointer
Low to Moderate Risk

About Canara Robeco Ultra Short Term Fund

Canara Robeco Ultra Short Term Fund 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 Ultra Short Term Fund has ₹546 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Canara Robeco Ultra Short Term Fund has given a CAGR return of 6.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.76%, 7.05% and 5.91% respectively.

Holdings

Canara Robeco Ultra Short Term Fund has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Goi Floating Rate Bond 2033, Export-Import Bank Of India, National Bank For Agriculture And Rural Development, Union Bank Of India, Kotak Mahindra Prime Limited

Taxation

As it is a ultra 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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Canara Robeco Ultra Short Term Fund

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 500.00 and for SIP is INR 500.00. Canara Robeco Ultra Short Term Fund has no lock in period.

Fund Manager

Avnish Jain

Fund Manager of Canara Robeco Ultra Short Term Fund, since 1 April 2022

Kunal Jain

Fund Manager of Canara Robeco Ultra Short Term Fund, since 16 September 2024

Learn more about Canara Robeco Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 546.4 Cr
₹ 470.8 Cr
₹ 457.4 Cr
  • AUM of the fund stands at 546.4 Cr as of Feb'26
  • AUM increased by 75.6 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Canara Robeco Ultra Short Term Fund

How do I invest in Canara Robeco Ultra Short Term Fund?

INDmoney makes it simple to invest in the Canara Robeco Ultra Short Term Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Canara Robeco Ultra Short Term Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Canara Robeco Ultra Short Term Fund?

The NAV of the fund today is ₹4208.46. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Canara Robeco Ultra Short Term Fund fund has generated a return of 6.76% in 1 year, 7.05% in 3 years, 5.91% in 5 years.

Who is the fund manager of Canara Robeco Ultra Short Term Fund?

The fund managers are Avnish Jain, Kunal Jain.

What is the expense ratio of the fund?

The expense ratio is 0.36%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹546 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Canara Robeco Ultra Short Term Fund?

The top 3 holdings of the fund are Goi Floating Rate Bond 2033(9.49%), Export-Import Bank Of India(9%), National Bank For Agriculture And Rural Development(8.23%)