Canara Robeco Income Fund Direct Growth
Debt
Direct
Medium To Long Duration
NAV as on 20-12-2024
₹ 59.52
Inception Returns
7.8%
/yr
About Canara Robeco Income Fund Direct Growth
Canara Robeco Income 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
- Canara Robeco Income Fund Direct Growth has ₹120 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Canara Robeco Income Fund Direct Growth has given a CAGR return of 7.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.76%, 5.98% and 6.50% respectively.
Holdings
Canara Robeco Income Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Consumer Cyclical, Energy, Cash Equivalent, Corporate. Its top holdings are 7.3% Govt Stock 2053, 7.32% Govt Stock 2030, 7.93% Govt Stock 2033, 7.23% Govt Stock 2039, 7.18% Govt Stock 2037
Taxation
As it is a medium to long 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 Income Fund Direct Growth
The Scheme seeks to generate income and capital appreciation through a portfolio constituted of medium to long term debt and money market securities and issuers of different risk profiles. 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 Income Fund Direct Growth has no lock in period.
Historical NAV & Returns
Canara Robeco Income Fund Direct Growth Overview
| Expense ratio | 0.67% |
Benchmark | CRISIL Composite Bond Fund TR INR |
| AUM | ₹120 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 352.23% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (20-Dec-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 120.2 Cr as of Nov'24
- AUM increased by 0.4 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Government, Financial Services & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.3% Govt Stock 2053 | 17.3% | 0% | |
7.32% Govt Stock 2030 | 12.81% | 0% | |
7.93% Govt Stock 2033 | 12.78% | 200% | |
7.23% Govt Stock 2039 | 8.59% | 0% | |
7.18% Govt Stock 2037 | 8.53% | 0% |
Mutual Fund Insights
Canara Robeco Income Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹120 Cr
Expense Ratio 0.67%
Frequently Asked Questions for Canara Robeco Income Fund Direct Growth
Canara Robeco Income Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.87% | 3.87% |
1 Year Returns | 8.76% | 8.76% |
3 Years Returns | 19.04% | 5.98% |
5 Years Returns | 37.01% | 6.5% |
- 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.
AAA | 100 |