Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth
Debt
Direct
Liquid
NAV as on 22-11-2024
₹ 1652.21
Inception Returns
6%
/yr
About Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth
Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth is a debt fund. This fund was started on 30 March, 2016. The fund is managed by Avnish Jain, Kunal Jain. This fund is suitable to keep your money safe.
Key Parameters
- Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth has ₹3631 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 Unclaimed Redemption and Dividend Fund Direct Growth has given a CAGR return of 5.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.54%, 6.41% and 5.29% respectively.
Holdings
Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth has allocated its funds majorly in Basic Materials, Cash Equivalent, Corporate. Its top holdings are State Bank Of India, Punjab National Bank Limited, Small Industries Development Bank Of India, 364 DTB 02052025, 364 DTB 21112024
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 Unclaimed Redemption and Dividend 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 0.00 and for SIP is INR 0.00. Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth has no lock in period.
Historical NAV & Returns
Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth Overview
| Expense ratio | 0.12% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹3631 Cr |
| Inception Date | 30 March, 2016 |
| Min Lumpsum/SIP | --/-- |
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 slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 3.8K Cr as of Oct'24
- AUM increased by 978.5 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Basic Materials, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 State Bank Of India | 6.85% | 0% | |
Punjab National Bank Limited | 5.42% | 0% | |
Small Industries Development Bank Of India | 4.79% | 0% | |
364 DTB 02052025 | 4.23% | 0% | |
364 DTB 21112024 | 4.13% | 0% |
Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹3631 Cr
Expense Ratio 0.12%
Frequently Asked Questions for Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth
Canara Robeco Liquid Unclaimed Redemption and Dividend Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.63% | 3.63% |
1 Year Returns | 7.54% | 7.54% |
3 Years Returns | 20.5% | 6.41% |
5 Years Returns | 29.42% | 5.29% |
- 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 |