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Canara Robeco Income Fund - Regular Plan

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Debt: Medium to Long Duration

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1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

Medium to Long Duration debt funds invest mainly in bonds maturing in four to seven years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they may experience some degree of volatility in response to changes in interest rates.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -0.25 0.04 -0.09 0.06 0.79 1.29 9.61 8.41 8.27 8.37 8.33
VR Bond 0.12 0.09 0.10 0.21 1.38 1.81 7.36 7.29 7.20 7.63 7.57
Debt: Medium to Long Duration -0.19 0.02 -0.10 0.12 1.18 1.93 9.98 7.46 7.55 8.00 8.01
Rank within category 9 4 9 8 12 11 9 7 8 8 8
Number of funds in category 14 14 14 14 14 14 14 14 14 14 14

As on 20-Jan-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Canara Robeco Income Fund - Regular Plan  | Invest Online
3 star
 Sep-02 9.61 8.41 8.27 1.88 154
ICICI Prudential Bond Fund  | Invest Now
4 star
 Aug-08 10.87 8.76 8.56 1.20 4,081
SBI Magnum Income Fund  | Invest Online
5 star
 Nov-98 11.13 9.21 9.26 1.46 1,766
IDFC Bond Fund Income Plan - Regular Plan
4 star
 Jul-00 11.27 9.41 8.68 1.97 705
Nippon India Income Fund  | Invest Online
4 star
 Jan-98 10.37 9.36 8.71 1.73 422

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.52 (19-Aug-2013 - 26-Aug-2013) -3.34 (12-Aug-2013 - 19-Aug-2013)
Month 7.13 (01-Dec-2008 - 31-Dec-2008) -4.30 (22-Jan-2003 - 21-Feb-2003)
Quarter 12.98 (30-Sep-2008 - 30-Dec-2008) -5.39 (20-May-2013 - 19-Aug-2013)
Year 34.28 (22-Apr-2008 - 22-Apr-2009) -0.74 (07-Nov-2003 - 08-Nov-2004)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.24 3.07 1.13 2.15 1.34 0.33
VR Bond 7.10 2.02 1.15 1.94 -- --
Debt: Medium to Long Duration 7.30 3.56 0.93 1.79 1.25 -0.38
Rank within category 7 6 6 4 8 6
Number of funds in category 14 14 14 14 14 14

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 21 23 17 29
Modified Duration (yrs) 5.48 6.62 3.93 5.34
Average Maturity (yrs) 8.04 9.94 5.58 7.69
Yield to Maturity (%) 5.55 7.03 5.55 5.78
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 5.85% GOI 2030 GOI Securities SOV 0.00 - 9.70 9.70
up 7.17% GOI 2028 GOI Securities SOV 0.00 - 7.01 7.01
equal 7.48% IRFC 13/08/2029 Non Convertible Debenture AAA 0.00 - 7.42 6.88
up 6.22% GOI 16/03/2035 GOI Securities SOV 0.00 - 6.45 6.45
equal 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 8.29 6.45
equal 8.65% Reliance Industries 2028 Non Convertible Debenture AAA 3.69 - 4.95 3.69
equal 8.80% LIC Housing Fin. 25/01/2029 Debenture AAA 3.62 - 4.94 3.62
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 9.11 3.51
equal 7.16% GOI 20/09/2050 GOI Securities SOV 0.00 - 8.87 3.50
equal 7.99% HDFC 2024 Debenture AAA 3.49 - 4.76 3.49
equal 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture AAA 0.00 - 3.89 3.45
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 7.64 3.45
equal 7.50% HDFC 2025 Debenture AAA 3.44 - 4.70 3.44
new 6.18% GOI 2024 GOI Securities SOV 0.00 - 9.00 3.40
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 3.40 - 4.66 3.40
equal 6.87% National Bank Agr. Rur. Devp 2030 Bonds/NCDs AAA 0.00 - 3.60 3.32
equal 6.68% Uttar Pradesh State 16/09/2030 State Development Loan SOV 0.00 - 3.38 3.28
equal 6.50% Gujarat State 2030 State Development Loan SOV 0.00 - 3.27 3.25
down 5.15% GOI 2025 GOI Securities SOV 0.00 - 6.54 3.24
equal 8.39% National Bank Agr. Rur. Devp 19-D 19/07/2021 Debenture AAA 1.33 - 1.91 1.33
equal 8.47% Maharashtra State 2026 State Development Loan SOV 0.20 - 0.28 0.20

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2020

Fund Manager

— Avnish Jain since 25-Jun-2014

Education: Mr. Jain is a B.Tech from IIT Kharagpur and Post Graduate from IIM Kolkata.

Experience: Prior to joining Canara Robeco AMC he has worked with ICICI Prudential AMC, PGIM India Mutual Fund, Deutsche Asset Management, Misys Software Solutions, Yes Bank and ICICI Bank.

Funds Managed:

Invest Online
0.04%

Change from previous, NAV as on 20-Jan-2021

Growth: ₹ 45.3535

Dividend Quarterly: ₹ 15.2857

Investment Strategy

The Scheme seeks to generate income and capital appreciation through a portfolio constituted of medium to long term debt and money market securities and issuers of different risk profiles.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Canara Robeco Mutual Fund
Launch Date: 19-Sep-2002
Return Since Launch: 8.59%
Benchmark: CRISIL Composite Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 154 Cr (As on 31-Dec-2020)
Expense: 1.88% (As on 31-Dec-2020)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly24-Dec-20200.2200

 25-Sep-20200.2500
 26-Jun-20200.2500
 27-Mar-20200.1801
 27-Dec-20190.1801
 27-Sep-20190.1801
 28-Jun-20190.1801
 29-Mar-20190.1801
 28-Dec-20180.1441
 28-Sep-20180.1441
 22-Jun-20180.1441
 23-Mar-20180.1445
 29-Dec-20170.1445
 22-Sep-20170.1445
 23-Jun-20170.1445
 24-Mar-20170.1445
 23-Dec-20160.1445
 23-Sep-20160.1445
 17-Jun-20160.1445
 23-Mar-20160.1445
 23-Dec-20150.1445
 30-Sep-20150.1445
 26-Jun-20150.1445
 27-Mar-20150.1452
 31-Dec-20140.1524

Contact Information

AMC: Canara Robeco Asset Management Company Ltd

Address: 4th Floor - Construction House, 5 - Walchand Hirachand Marg, Ballard Estate, Mumbai - 400001

Phone: 022-22621371/ 66585000 / 665850010

Fax: 022-66585012

Email: [email protected]

Website: http://www.canararobeco.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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