Debt
Direct
Liquid
NAV as on 06-09-2024
₹ 2984.8
Inception Returns
6.7%
/yr
Canara Robeco Liquid 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.
Canara Robeco Liquid Fund Direct Growth has given a CAGR return of 6.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.42%, 6.06% and 5.15% respectively.
Canara Robeco Liquid Fund Direct Growth has allocated its funds majorly in Basic Materials, Cash Equivalent, Government, Corporate. Its top holdings are Indian Oil Corporation Limited, Union Bank Of India, Larsen And Toubro Limited, Reliance Retail Ventures Limited, Punjab National Bank
As it is a liquid 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.
The scheme has been formulated with the objective of enhancement of income, while maintaining a level of high liquidity, through investment in a mix of Money Market Instruments & Debt Securities. However, there can be no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Canara Robeco Liquid Fund Direct Growth has no lock in period.
Expense ratio | 0.12% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹3763 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.0% |
Lock In | No Lock-in |
TurnOver | 795.6% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (06-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Basic Materials, Corporate
Canara Robeco Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.69% | 3.69% |
1 Year Returns | 7.42% | 7.42% |
3 Years Returns | 19.31% | 6.06% |
5 Years Returns | 28.53% | 5.15% |
AAA | 100 |