Canara Robeco Liquid Fund Direct Growth
Debt
Direct
Liquid
NAV as on 06-09-2024
₹ 2984.8
Inception Returns
6.7%
/yr
About the Fund
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.
Key Parameters
- Canara Robeco Liquid Fund Direct Growth has ₹3763 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
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.
Holdings
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
Taxation
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.
Investment objective of Canara Robeco Liquid Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Fund Overview
| 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 |
Trailing Returns
as on (06-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 3.8K Cr as of Jul'24
- AUM increased by 233.9 Cr between Jul'24 and Jun'24
Top 2 Sectors in July were Basic Materials, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Indian Oil Corporation Limited | 6.63% | 0% | |
Union Bank Of India | 6.61% | 0% | |
Reliance Retail Ventures Limited | 3.97% | 100% | |
Larsen And Toubro Limited | 3.97% | 0% | |
Punjab National Bank | 3.96% | 100% |
Mutual Fund Insights
Canara Robeco Liquid Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.12%
Frequently Asked Questions
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% |
- 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 |