Debt
Direct
Ultra Short Duration
NAV as on 05-09-2024
₹ 3802.57
Inception Returns
6.9%
/yr
Canara Robeco Ultra Short Term Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Suman Prasad, Avnish Jain. This fund is suitable to keep your money safe.
Canara Robeco Ultra Short Term Fund Direct Growth has given a CAGR return of 6.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.14%, 5.78% and 5.34% respectively.
Canara Robeco Ultra Short Term Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are LIC Housing Finance Ltd, Bajaj Finance Limited, Reliance Industries Limited, Export Import Bank Of India, Sundaram Finance Limited
As it is a ultra 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.
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 for lump sum payment is INR 500.00 and for SIP is INR 500.00. Canara Robeco Ultra Short Term Fund Direct Growth has no lock in period.
Expense ratio | 0.41% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹552 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 252.33% |
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 (05-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Corporate, Government
Canara Robeco Ultra Short Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.63% | 3.63% |
1 Year Returns | 7.14% | 7.14% |
3 Years Returns | 18.38% | 5.78% |
5 Years Returns | 29.71% | 5.34% |
AAA | 100 |