Canara Robeco Ultra Short Term Fund Direct Plan Growth option

Canara Robeco Ultra Short Term Fund Direct Plan Growth option

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Debt
Direct
Ultra Short Duration
NAV: ₹ 3704.92 as on 19-04-2024
Fund Performance
zero opening, trading, fund transfer fee
14 people have invested ₹ 9.3L in Canara Robeco Ultra Short Term Fund Direct Plan Growth option in the last three months

Mutual Fund Insights

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This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.55%.
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Over the last 3 months, this fund has experienced a 22.7% growth in AUM moving from 465.31 Cr to 570.74 Cr.
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In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.55% return, outperforming this fund by 2.21% per annum.
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In the last 5 years, ICICI Prudential Ultra Short Term Fund Direct Plan Growth has given 6.6% return, outperforming this fund by 1.2% per annum.
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In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.74% return, outperforming this fund by 0.64%.

About the Canara Robeco Ultra Short Term Fund Direct Plan Growth option

Canara Robeco Ultra Short Term Fund Direct Plan Growth option 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 Ultra Short Term Fund Direct Plan Growth option has ₹571 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.

Canara Robeco Ultra Short Term Fund Direct Plan Growth option Overview

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹571 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
222.24%

Canara Robeco Ultra Short Term Fund Direct Plan Growth option Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Mar'24

Feb'24

Jan'24

Corporate
48%
Cash Equivalent
33.6%
Government
18.4%

Top Holdings of Canara Robeco Ultra Short Term Fund Direct Plan Growth option as on (31-Mar-24)

  • Debt & Cash

Debt Holdings22
Holdings
Weight%
1M Change
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
5.22%
0%
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
4.38%
0%
Sundaram Finance Limited
Sundaram Finance Limited
4.37%
0%
Hdb Financial Services Limited
Hdb Financial Services Limited
4.37%
0%
182 DTB 09052024
182 DTB 09052024
4.36%
100%

Canara Robeco Ultra Short Term 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
₹ 459.9 Cr
₹ 543.4 Cr
₹ 487.2 Cr
  • AUM of the fund stands at 459.9 Cr as of Mar'24
  • AUM decreased by 83.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Canara Robeco Ultra Short Term Fund Direct Plan Growth option Fund Manager

Suman Prasad
Suman Prasad
Fund Manager of Canara Robeco Ultra Short Term Fund Direct Plan Growth option, since 12 April 2011
Avnish Jain
Avnish Jain
Fund Manager of Canara Robeco Ultra Short Term Fund Direct Plan Growth option, since 1 April 2022

Canara Robeco Ultra Short Term 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 6.89% since inception which is less than its category average return of 7.19%
AUM size ₹571 Cr

AUM size ₹571 Cr

This fund has AUM of ₹571 Cr which is less than its category average of ₹ 2859 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.64%

Frequently Asked Questions

The current NAV of Canara Robeco Ultra Short Term Fund Direct Plan Growth option is ₹3704.92 as on 19-Apr-2024.
Existing (Absolute + CAGR) as on 19-Apr-2024.
Canara Robeco Ultra Short Term Fund Direct Plan Growth option
Absolute Returns
CAGR Returns
1 Month Returns
0.71%
0.71%
6 Month Returns
3.61%
3.61%
1 Year Returns
7.1%
7.1%
3 Years Returns
16.88%
5.34%
5 Years Returns
30.07%
5.4%
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.
0.39% as on March 2024
₹571 Cr as on March 2024
National Bank For Agriculture And Rural Development(5.22%), Power Grid Corporation Of India Limited(4.38%), Sundaram Finance Limited(4.37%), Hdb Financial Services Limited(4.37%), 182 DTB 09052024(4.36%) as on March 2024
Corporate(47.97%), Cash Equivalent(33.64%), Government(18.39%) as on March 2024
Yield to Maturity is 7.58 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 0.41 as on March 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 Ultra Short Term Fund Direct Plan Growth option
The Exit load of Canara Robeco Ultra Short Term Fund Direct Plan Growth option is 0%