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3 star

Canara Robeco Gilt Fund - Direct Plan download report


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.20 Lakh

Suitability:

"This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."

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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(₹)
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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
Canara Robeco Gilt Direct-G -0.83 -0.04 0.08 -0.56 -1.05 -0.59 1.43 6.91 5.99 7.83 --
CCIL All Sovereign Bond - TRI -2.52 -0.16 0.37 -0.48 -2.71 -2.87 -0.41 6.98 6.92 7.77 --
Debt: Gilt -0.92 -0.01 0.11 -0.40 -1.02 -0.84 1.68 7.35 6.72 7.85 --
Rank within category 14 19 18 19 16 10 14 15 17 12 --
Number of funds in category 24 26 26 26 24 24 23 21 21 21 0

As on 17-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Canara Robeco Gilt Fund - Direct Plan  | Invest Online
3 star
Jan-13 1.43 6.91 5.99 0.64% 83
SBI Magnum Gilt Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.43 8.55 7.37 0.46% 3,530
IDFC Government Securities Fund - Investment Plan - Direct Plan  | Invest Online
4 star
Jan-13 1.10 8.37 7.57 0.61% 1,426
Aditya Birla Sun Life Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 1.88 7.99 7.30 0.29% 1,108
DSP Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.22 8.67 7.78 0.54% 412

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.20 19-Aug-2013 - 26-Aug-2013 -4.20 12-Aug-2013 - 19-Aug-2013
Month 5.78 25-Oct-2016 - 24-Nov-2016 -5.85 19-Jul-2013 - 19-Aug-2013
Quarter 8.74 12-Sep-2014 - 12-Dec-2014 -7.48 20-May-2013 - 19-Aug-2013
Year 21.83 03-Feb-2016 - 02-Feb-2017 -1.11 09-Jun-2017 - 11-Jun-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Canara Robeco Gilt Direct-G 7.32 3.37 1.13 2.06 0.65 1.11
CCIL All Sovereign Bond - TRI 7.67 4.73 0.88 1.29 -- --
Debt: Gilt 7.63 3.60 1.13 1.93 0.69 1.26
Rank within category 13 6 13 8 6 13
Number of funds in category 21 21 21 21 21 21

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 10 11 5 13
Modified Duration (yrs) 3.34 3.57 1.26 3.05
Average Maturity (yrs) 4.24 5.11 1.67 4.47
Yield to Maturity (%) 6.04 6.04 4.21 5.89
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 31.11 31.07
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 12.24 12.24
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 11.73 11.73
new 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 11.87 11.57
equal 8.34% Uttar Pradesh State 13/01/2026 State Development Loan SOV 0.00 - 6.48 6.32
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 12.48 6.10
down 7.17% GOI 2028 GOI Securities SOV 0.75 - 17.74 6.10
new 7.10% GOI 18/04/2029 GOI Securities SOV 0.00 - 6.04 6.04
equal 6.22% GOI 16/03/2035 GOI Securities SOV 3.87 - 4.73 4.62
equal 8.13% GOI 22/06/2045 GOI Securities SOV 0.11 - 0.14 0.13

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 30-Apr-2022

Fund Manager

— Avnish Jain since 01-Apr-2022

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:

— Suman Prasad since 01-Apr-2022

Education: Ms. Prasad is B.Sc and PGDMS.

Experience: She has been associated with Canara Robeco since 1996.

Funds Managed:


-0.04%

Change from previous, NAV as on 17-May-2022

Growth: ₹ 64.0633

IDCW: ₹ 15.4739


Investment Strategy

The scheme is dedicated to government securities and seeks to achieve risk-free return while maintaining stability of returns and liquidity.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Canara Robeco Mutual Fund
Launch Date: 02-Jan-2013
Return Since Launch: 8.24%
Benchmark: CRISIL Dynamic Gilt Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 83 Cr (As on 30-Apr-2022)
Expense: 0.64% (As on 31-Mar-2022)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW31-Dec-20210.4000

 25-Jun-20210.4000
 24-Dec-20200.4700
 26-Jun-20200.5000
 27-Dec-20190.3241
 28-Jun-20190.3241
 28-Dec-20180.2881
 22-Jun-20180.3241
 29-Dec-20170.3250
 23-Jun-20170.3250
 23-Dec-20160.3250
 24-Jun-20160.2889
 23-Dec-20150.2889
 26-Jun-20150.2889
 31-Dec-20140.2903
 20-Jun-20140.2727
 20-Dec-20130.2883
 28-Jun-20130.3039

Contact Information

AMC: Canara Robeco Asset Management Company Ltd

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

Phone: 022-22621371/ 66585000 / 665850010

Fax: 022-66585012

Website: http://www.canararobeco.com

Registrar & Transfer Agent: KFin Technologies 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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