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2 star

Canara Robeco Liquid Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a 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 funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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 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
Fund 3.04 0.01 0.06 0.27 0.81 1.64 3.23 4.52 5.48 6.18 --
CCIL T Bill Liquidity Weight 1.90 0.01 0.04 0.19 0.44 1.07 2.02 3.20 3.54 3.99 --
Debt: Liquid 3.12 0.01 0.07 0.29 0.83 1.68 3.33 4.80 5.62 6.31 --
Rank within category 31 36 33 33 32 32 31 31 30 29 --
Number of funds in category 38 39 39 39 39 39 38 35 34 33 1

As on 08-Dec-2021

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 3.23 4.52 5.48 0.10% 2,123
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.33 4.88 5.74 0.20% 37,504
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.35 4.92 5.79 0.18% 27,208
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.35 4.93 5.79 0.21% 27,111
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 4.89 5.76 0.22% 12,817

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.22 19-Nov-2020 - 19-Dec-2020
Quarter 2.70 24-Jul-2013 - 23-Oct-2013 0.74 23-Oct-2020 - 22-Jan-2021
Year 9.82 24-Jul-2013 - 24-Jul-2014 3.14 22-May-2020 - 22-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.46 0.46 1.48 12.09 0.88 1.21
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Liquid 4.73 0.47 2.01 11.93 0.99 1.55
Rank within category 31 7 32 21 6 31
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-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 17 24 14 38
Modified Duration (yrs) 0.05 0.09 0.04 --
Average Maturity (yrs) 0.05 0.09 0.05 --
Yield to Maturity (%) 3.85 3.85 2.84 --
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
up Reserve Bank of India 91-D 09/12/2021 Treasury Bills SOV 0.00 - 16.48 16.48
new Reserve Bank of India 91-D 02/12/2021 Treasury Bills SOV 0.00 - 9.42 9.42
new Bajaj Finance 36-D 07/12/2021 Commercial Paper A1+ 0.00 - 7.06 7.06
new 7.14% REC 2021 Bonds AAA 0.00 - 5.89 5.89
new Reserve Bank of India 182-D 23/12/2021 Treasury Bills SOV 0.00 - 5.88 5.88
new 7.20% Power Grid Corporation 21/12/2021 Bonds AAA 0.00 - 4.72 4.72
new Reliance Jio Infocomm 91-D 03/12/2021 Commercial Paper A1+ 0.00 - 4.71 4.71
new SIDBI 90-D 28/12/2021 Commercial Paper A1+ 0.00 - 4.70 4.70
new Export-Import Bank 181-D 21/12/2021 Certificate of Deposit A1+ 0.00 - 4.70 4.70
new Reserve Bank of India 91-D 06/01/2022 Treasury Bills SOV 0.00 - 4.70 4.70
equal Sundaram Finance 338-D 15/12/2021 Commercial Paper A1+ 0.00 - 4.85 4.70
down Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 6.07 3.53
equal ICICI Securities 360-D 10/12/2021 Commercial Paper A1+ 0.00 - 2.49 2.35
new Reserve Bank of India 182-D 02/12/2021 Treasury Bills SOV 0.00 - 1.65 1.65
new LIC Housing Fin. 171-D 20/12/2021 Commercial Paper A1+ 0.00 - 1.18 1.18
new 15.12% GOI 15/12/2021 GOI Securities SOV 0.00 - 1.18 1.18
new 17.12% GOI 17/12/2021 GOI Securities SOV 0.00 - 0.94 0.94

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-Nov-2021

*As on 31-Oct-2021

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:

— Suman Prasad since 01-Jan-2013

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

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

Funds Managed:


0.01%

Change from previous, NAV as on 08-Dec-2021

Growth: ₹ 2,522.3727

IDCW Weekly: ₹ 1,000.0000

More

IDCW Monthly: ₹ 1,001.2543

IDCW Fortnightly: ₹ 1,805.6259

IDCW 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 (₹) --
Lock-in Period Not Applicable
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: 6.83%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 2,123 Cr (As on 30-Nov-2021)
Expense: 0.10% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily08-Dec-20210.1021

 07-Dec-20210.0820
 06-Dec-20210.0854
 05-Dec-20210.0902
 04-Dec-20210.0900
 03-Dec-20210.0942
 02-Dec-20210.0955
 01-Dec-20210.0832
 30-Nov-20210.0913
 29-Nov-20210.0915
 28-Nov-20210.0898
 27-Nov-20210.0894
 26-Nov-20210.0831
 25-Nov-20210.0927
 24-Nov-20210.1215
 23-Nov-20210.0913
 22-Nov-20210.0706
 21-Nov-20210.0913
 20-Nov-20210.0915
 19-Nov-20210.0916
 18-Nov-20210.0917
 17-Nov-20210.0877
 16-Nov-20210.0817
 15-Nov-20210.0919
 14-Nov-20210.0902
IDCW Weekly08-Dec-20210.6363

 01-Dec-20210.6177
 24-Nov-20210.6459
 17-Nov-20210.6396
 10-Nov-20210.7259
 03-Nov-20210.6544
 27-Oct-20210.5458
 20-Oct-20210.5416
 13-Oct-20210.6534
 06-Oct-20210.6592
 29-Sep-20210.5792
 22-Sep-20210.5793
 15-Sep-20210.5815
 08-Sep-20210.6141
 01-Sep-20210.6022
 25-Aug-20210.5752
 18-Aug-20210.6651
 11-Aug-20210.6548
 04-Aug-20210.6002
 28-Jul-20210.6472
 21-Jul-20210.6205
 14-Jul-20210.6359
 07-Jul-20210.6097
 30-Jun-20210.6265
 23-Jun-20210.6543
IDCW Monthly24-Nov-20212.6684

 27-Oct-20212.4020
 29-Sep-20212.9601
 25-Aug-20212.4976
 28-Jul-20212.5153
 30-Jun-20213.1058
 26-May-20212.4025
 28-Apr-20212.4523
 31-Mar-20213.0497
 24-Feb-20212.4405
 27-Jan-20212.2406
 30-Dec-20202.8410
 25-Nov-20202.3146
 28-Oct-20202.4295
 30-Sep-20203.0088
 26-Aug-20202.4321
 29-Jul-20202.9367
 24-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

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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