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2 star

Canara Robeco Liquid Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is to build wealth in the long run.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 2.23 0.01 0.06 0.25 0.82 2.03 4.80 6.34 6.74 7.42 --
CCIL T Bill Liquidity Weight 2.06 0.00 0.04 0.22 0.84 1.94 3.85 4.13 4.32 4.69 --
Debt: Liquid 2.59 0.01 0.06 0.29 1.03 2.40 5.29 6.46 6.81 7.50 --
Rank within category 34 31 32 36 37 35 33 30 29 29 --
Number of funds in category 39 39 39 39 39 39 39 35 34 33 1

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Canara Robeco Liquid Fund - Direct Plan  | Invest Online
2 star
Jan-13 4.80 6.34 6.74 0.12 1,011
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.64 6.75 7.08 0.21 36,679
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.60 6.74 7.07 0.19 30,604
Axis Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.55 6.71 7.04 0.15 27,032
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.61 6.71 7.03 0.21 17,858

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.26 (29-Mar-2016 - 05-Apr-2016) -0.04 (09-Jul-2013 - 16-Jul-2013)
Month 0.91 (24-Jul-2013 - 23-Aug-2013) 0.25 (22-May-2020 - 21-Jun-2020)
Quarter 2.70 (24-Jul-2013 - 23-Oct-2013) 0.83 (12-Apr-2020 - 12-Jul-2020)
Year 9.82 (24-Jul-2013 - 24-Jul-2014) 4.80 (13-Jul-2019 - 12-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.21 0.35 2.61 3.29 0.38 1.38
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.33 0.50 3.67 4.95 0.58 1.73
Rank within category 30 31 30 30 6 32
Number of funds in category 35 35 35 35 35 35

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 10 19 5 40
Modified Duration (yrs) 0.05 0.08 0.01 --
Average Maturity (yrs) 0.06 0.08 0.02 --
Yield to Maturity (%) 3.20 6.38 3.00 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 364-D 23/07/2020 Treasury Bills SOV 0.00 - 14.81 14.81
new Reserve Bank of India 364-D 09/07/2020 Treasury Bills SOV 0.00 - 9.88 9.88
new Reserve Bank of India 182-D 23/07/2020 Treasury Bills SOV 0.00 - 9.87 9.87
new Reliance Industries 91-D 09/07/2020 Commercial Paper A1+ 0.00 - 7.41 7.41
equal ICICI Bank 17/07/2020 Certificate of Deposit A1+ 0.00 - 7.87 7.41
equal Bank of Baroda 20/07/2020 Certificate of Deposit A1+ 0.00 - 7.86 7.40
new National Bank Agr. Rur. Devp 2020 Certificate of Deposit A1+ 0.00 - 7.39 7.39
new Axis Bank 24/07/2020 Certificate of Deposit A1+ 0.00 - 4.93 4.93
equal Power Grid Corporation 66-D 24/07/2020 Commercial Paper A1+ 0.00 - 2.62 2.47
new Axis Bank 29/07/2020 Certificate of Deposit A1+ 0.00 - 2.47 2.47

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-Jun-2020

*As on 31-May-2020

Fund Manager

— Girish Hisaria since 18-Aug-2014

Education: Mr. Hisaria is a B.Com (H) and MMS (Finance).

Experience: Prior to joining Canara Robeco AMC, he has worked as Vice President - JM Financial Mutual Fund ( May 2006-August 2014), as Senior Associate - Fixed Income Research - Darashaw Securities Pvt. Ltd. ( May 2004-May 2006) and as Research Analyst - Sahara Indian Financial Corp. ( March 2002-May 2004).

Funds Managed:


0.01%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 2,413.1275

Dividend Weekly: ₹ 1,000.5030

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Dividend Monthly: ₹ 1,001.6930

Dividend Fortnightly: ₹ 1,727.5514

Dividend Daily: ₹ 1,005.5000


Investment Strategy

The fund seeks enhancement of income while maintaining a high level of liquidity through investment in a mix of money market instruments and debt securities.

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 Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: Canara Robeco Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.52%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 1,011 Cr (As on 30-Jun-2020)
Expense: 0.12% (As on 31-May-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily14-Jul-20200.0786

 13-Jul-20200.0863
 12-Jul-20200.0842
 11-Jul-20200.0844
 10-Jul-20200.0816
 09-Jul-20200.0892
 08-Jul-20200.0869
 07-Jul-20200.0793
 06-Jul-20200.0686
 05-Jul-20200.0832
 04-Jul-20200.0830
 03-Jul-20200.0626
 02-Jul-20200.0943
 01-Jul-20200.0798
 30-Jun-20200.1425
 29-Jun-20200.0670
 28-Jun-20200.0841
 27-Jun-20200.0839
 26-Jun-20200.0506
 25-Jun-20200.0761
 24-Jun-20200.1226
 23-Jun-20200.0795
 22-Jun-20200.0957
 21-Jun-20200.0850
 20-Jun-20200.0848
Dividend Weekly08-Jul-20200.5968

 01-Jul-20200.5921
 24-Jun-20200.5939
 17-Jun-20200.6309
 10-Jun-20200.6065
 03-Jun-20200.6207
 27-May-20200.6124
 20-May-20200.6289
 13-May-20200.6434
 06-May-20200.6773
 29-Apr-20200.6346
 22-Apr-20200.7661
 15-Apr-20200.7498
 08-Apr-20200.7083
 01-Apr-20200.7695
 25-Mar-20200.5328
 18-Mar-20200.6944
 11-Mar-20200.8022
 04-Mar-20200.7114
 26-Feb-20200.7021
 19-Feb-20200.7034
 12-Feb-20200.7277
 05-Feb-20200.6938
 29-Jan-20200.6938
 22-Jan-20200.7014
Dividend Monthly24-Jun-20202.4544

 27-May-20202.5644
 29-Apr-20203.6334
 25-Mar-20202.7445
 26-Feb-20202.8313
 29-Jan-20203.4452
 25-Dec-20192.7586
 27-Nov-20192.8337
 30-Oct-20193.7119
 25-Sep-20192.9517
 28-Aug-20193.1004
 31-Jul-20194.2790
 26-Jun-20193.5882
 29-May-20194.8836
 24-Apr-20194.0952
 27-Mar-20193.8541
 27-Feb-20193.8583
 30-Jan-20194.9650
 26-Dec-20184.0024
 28-Nov-20184.0432
 31-Oct-20185.0818
 26-Sep-20183.8835
 29-Aug-20184.9317
 25-Jul-20184.1897
 27-Jun-20184.1352

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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