Canara Robeco Ultra Short Term Fund Direct Growth
NAV as on 23-04-2025
₹ 3990.56
Inception Returns
6.9%
/yr
Historical NAV & Returns
About Canara Robeco Ultra Short Term Fund Direct Growth
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 Kunal Jain, Avnish Jain. This fund is suitable to keep your money safe.
Key Parameters
- Canara Robeco Ultra Short Term Fund Direct Growth has ₹491 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 Ultra Short Term Fund Direct Growth has given a CAGR return of 6.95% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.63%, 6.77% and 5.56% respectively.
Holdings
Canara Robeco Ultra Short Term Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Small Industries Development Bank Of India, Aditya Birla Finance Limited, Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), National Bank For Agriculture And Rural Development, LIC Housing Finance Ltd
Taxation
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:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Canara Robeco Ultra Short Term 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 500.00 and for SIP is INR 500.00. Canara Robeco Ultra Short Term Fund Direct Growth has no lock in period.
Canara Robeco Ultra Short Term Fund Direct Growth Overview
| Expense ratio | 0.44% |
Benchmark | CRISIL Ultra Short Duration Debt TR INR |
| AUM | ₹491 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 252.33% |
| STCG | Selling mutual fund 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 (23-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 490.9 Cr as of Mar'25
- AUM decreased by 24.2 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Small Industries Development Bank Of India | 10.01% | 100% | |
Aditya Birla Finance Limited | 9.84% | 0% | |
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 9.7% | 0% | |
National Bank For Agriculture And Rural Development | 7.08% | 0% | |
LIC Housing Finance Ltd | 6.09% | -25% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Canara Robeco Ultra Short Term Fund Direct Growth | 7.63% | 6.77% | 5.56% | 6.95% |
 Aditya Birla Sun Life Savings Fund Direct Plan Growth | 8.19% | 7.26% | 6.45% | 7.78% |
 Nippon India Ultra Short Duration Fund Direct Growth Option | 8.14% | 7.41% | 7.28% | 7.24% |
 ICICI Prudential Ultra Short Term Fund Direct Plan Growth | 7.95% | 7.24% | 6.51% | 8.07% |
Mutual Fund Insights
Canara Robeco Ultra Short Term Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹491 Cr
Expense Ratio 0.44%
More funds from Canara Robeco
5Y CAGR
▲ 6.57
5Y CAGR
▲ 6.40
5Y CAGR
▲ 6.41
5Y CAGR
▲ 6.44
5Y CAGR
▲ 6.36
Frequently Asked Questions for Canara Robeco Ultra Short Term Fund Direct Growth
Canara Robeco Ultra Short Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.02% | 1.02% |
6 Month Returns | 3.91% | 3.91% |
1 Year Returns | 7.63% | 7.63% |
3 Years Returns | 21.71% | 6.77% |
- 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 |