Canara Robeco Short Duration Fund Direct Growth
Debt
Direct
Short Duration
NAV as on 27-11-2024
₹ 26.33
Inception Returns
7.2%
/yr
About Canara Robeco Short Duration Fund Direct Growth
Canara Robeco Short Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Avnish Jain, Suman Prasad. This fund is suitable to keep your money safe.
Key Parameters
- Canara Robeco Short Duration Fund Direct Growth has ₹349 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Canara Robeco Short Duration Fund Direct Growth has given a CAGR return of 7.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.01%, 5.89% and 6.15% respectively.
Holdings
Canara Robeco Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Government, Consumer Cyclical, Energy, Health, Cash Equivalent, Industrial, Basic Materials. Its top holdings are 7.18% Govt Stock 2033, Indian Railway Finance Corporation Limited, Grasim Industries Ltd, Rural Electrification Corporation Limited, Bajaj Housing Finance Limited
Taxation
As it is a short 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 Short Duration Fund Direct Growth
To generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile. However, there is no assurance that the objective of the Fund will be realised.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Canara Robeco Short Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
Canara Robeco Short Duration Fund Direct Growth Overview
| Expense ratio | 0.41% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹349 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 112.28% |
| STCG | Selling 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 (27-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 351.5 Cr as of Oct'24
- AUM increased by 11 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Corporate, Financial Services & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 8.75% | -14.3% | |
Grasim Industries Ltd | 7.19% | 0% | |
Indian Railway Finance Corporation Limited | 7.19% | 0% | |
Bajaj Housing Finance Limited | 7.17% | 0% | |
Rural Electrification Corporation Limited | 7.17% | 0% |
Mutual Fund Insights
Canara Robeco Short Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹349 Cr
Expense Ratio 0.41%
Frequently Asked Questions for Canara Robeco Short Duration Fund Direct Growth
Canara Robeco Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 3.86% | 3.86% |
1 Year Returns | 8.01% | 8.01% |
3 Years Returns | 18.72% | 5.89% |
5 Years Returns | 34.79% | 6.15% |
- 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 |