Canara Robeco Gilt Fund Direct Growth

Canara Robeco Gilt Fund Direct Growth

NAV as on 21-04-2025

₹ 82.03

0.6%

1D

Inception Returns

8.4%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
4 people have invested ₹ 38.2L in Canara Robeco Gilt Fund Direct Growth in the last three months

About Canara Robeco Gilt Fund Direct Growth

Canara Robeco Gilt Fund Direct Growth 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 Gilt Fund Direct Growth has ₹133 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Canara Robeco Gilt Fund Direct Growth has given a CAGR return of 8.39% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.34%, 8.30% and 6.75% respectively.

Holdings

Canara Robeco Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 6.92% Govt Stock 2039, 7.3% Govt Stock 2053, 7.23% Govt Stock 2039, 7.18% Govt Stock 2037

Taxation

As it is a government bond 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 Gilt Fund Direct Growth

To provide risk free return (except interest rate risk) while maintaining stability of capital and liquidity. Being a dedicated Gilt Scheme, the funds will be invested in securities as defined under Sec. 2 (2) of Public Debt Act, 1944. 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 Gilt Fund Direct Growth has no lock in period.

Canara Robeco Gilt Fund Direct Growth Overview

Expense ratio0.54%
Benchmark
CRISIL Dynamic Gilt TR INR TR INR
AUM₹133 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
456.75%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (21-Apr-25)

Period
Canara Robeco Gilt Fund Direct Growth
Government Bond Index
1M
2.7%
2.3%
3M
4.6%
3.9%
6M
5.8%
5.3%
1Y
12.3%
11.3%
3Y
8.3%
7.7%
5Y
6.7%
6.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Government
96.8%
Cash Equivalent
3.2%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 133.1 Cr
₹ 135.3 Cr
₹ 140.2 Cr
  • AUM of the fund stands at 133.1 Cr as of Mar'25
  • AUM decreased by 2.2 Cr between Mar'25 and Feb'25
Cash allocation has gone down from 3.2% to 3.2%
Cash allocation has gone down from 3.2% to 3.2%
Debt allocation has gone up from 96.8% to 96.8%
Debt allocation has gone up from 96.8% to 96.8%

Top Sector in March was Government

Mar'25
Government
97%
Feb'25
Government
97%
  • Debt & Cash

Holdings
Weight%
1M Change
7.34% Govt Stock 2064
7.34% Govt Stock 2064
41.5%
0%
6.92% Govt Stock 2039
6.92% Govt Stock 2039
21.1%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
18.5%
0%
7.23% Govt Stock 2039
7.23% Govt Stock 2039
7.09%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
5.31%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Canara Robeco Gilt Fund Direct Growth
Canara Robeco Gilt Fund Direct Growth
12.34%
8.3%
6.75%
8.39%
DSP Gilt Fund Direct Plan Growth
DSP Gilt Fund Direct Plan Growth
13.23%
8.97%
7.57%
8.52%
SBI Magnum Gilt Fund Direct Growth
SBI Magnum Gilt Fund Direct Growth
12.67%
9.13%
7.53%
9.49%
Edelweiss Government Securities Fund Direct Growth
Edelweiss Government Securities Fund Direct Growth
12.44%
8.54%
7.82%
9.04%
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Avnish Jain
Avnish Jain
Fund Manager of Canara Robeco Gilt Fund Direct Growth, since 1 April 2022
Kunal Jain
Kunal Jain
Fund Manager of Canara Robeco Gilt Fund Direct Growth, since 18 July 2022
Fund House
Canara Robeco Asset Management Co. Ltd.
Total AUM
₹1.04L Cr
as on 31-Mar-2025
Address
Canara Robeco Asset Management Company Limited,Construction House, 4th Floor,,5 Walchand Hirachand Marg, Ballard Estate,
Phone
+912266585000
Website
crmf@canararobeco.com

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the lower side within the category (government bond). Its expense ratio is 0.54% which is lower than the category average expense ratio of 0.8%.
Insights icon
In the last 5 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 7.72% return, outperforming this fund by 0.97% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 10.3% growth in AUM moving from 120.65 Cr to 133.14 Cr.
Insights icon
In the last 3 years, SBI Magnum Gilt Fund Direct Growth has given 9.13% return, outperforming this fund by 0.83% per annum.
Insights icon
In the last 1 year, DSP Gilt Fund Direct Plan Growth has given 13.23% return, outperforming this fund by 0.89%.

Canara Robeco Gilt Fund Direct Growth 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 8.39% since inception which is more than its category average return of 7.15%
AUM size ₹133 Cr

AUM size ₹133 Cr

This fund has AUM of ₹133 Cr which is less than its category average of ₹ 2197 Cr
Expense Ratio 0.54%

Expense Ratio 0.54%

This fund has an expense ratio of 0.54% which is less than its category average expense ratio of 0.85%

Frequently Asked Questions for Canara Robeco Gilt Fund Direct Growth

The current NAV of Canara Robeco Gilt Fund Direct Growth is ₹82.03 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
Canara Robeco Gilt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.72%
2.72%
6 Month Returns
5.79%
5.79%
1 Year Returns
12.34%
12.34%
3 Years Returns
27.01%
8.3%
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.
0.54% as on March 2025
₹133 Cr as on March 2025
7.34% Govt Stock 2064(41.5%), 6.92% Govt Stock 2039(21.1%), 7.3% Govt Stock 2053(18.5%), 7.23% Govt Stock 2039(7.09%), 7.18% Govt Stock 2037(5.31%) as on March 2025
Yield to Maturity is 6.94 as on March 2025. 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 10.8 as on March 2025. 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 Gilt Fund Direct Growth
The Exit load of Canara Robeco Gilt Fund Direct Growth is 0%