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3 star

Canara Robeco Corporate Bond Fund - Regular Plan

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Debt: Corporate Bond

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1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate 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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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 0.77 0.04 0.13 0.63 1.57 1.59 7.11 7.95 7.36 7.84 --
Debt: Corporate Bond 0.87 0.04 0.18 0.65 1.57 1.80 7.74 7.80 7.50 8.20 --
Rank within category 15 12 17 15 14 17 18 11 11 8 --
Number of funds in category 21 22 22 22 21 21 20 15 14 11 9

As on 05-May-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Canara Robeco Corporate Bond Fund - Regular Plan  | Invest Online
3 star
 Feb-14 7.11 7.95 7.36 1.02 314
HDFC Corporate Bond Fund  | Invest Online
4 star
 Jun-10 8.98 9.27 8.60 0.61 29,880
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
 Mar-97 9.16 9.28 8.58 0.44 23,508
IDFC Corporate Bond Fund - Regular Plan
4 star
 Jan-16 9.37 8.51 8.10 0.58 22,943
ICICI Prudential Corporate Bond Fund  | Invest Now
5 star
 Jun-09 8.45 8.66 8.10 0.61 19,146

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.00 24-Mar-2020 - 31-Mar-2020 -1.52 12-Mar-2020 - 19-Mar-2020
Month 3.13 24-Mar-2020 - 23-Apr-2020 -1.55 20-Feb-2020 - 23-Mar-2020
Quarter 5.44 24-Mar-2020 - 24-Jun-2020 -0.63 27-Nov-2020 - 26-Feb-2021
Year 12.58 04-Mar-2014 - 04-Mar-2015 2.40 25-Sep-2017 - 25-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.73 1.98 1.69 2.66 0.75 1.51
Debt: Corporate Bond 7.61 2.88 1.58 2.60 0.58 1.80
Rank within category 11 5 9 10 12 12
Number of funds in category 15 15 15 15 15 15

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

As on 30-Apr-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 40 41 27 30
Modified Duration (yrs) 2.05 3.59 2.05 --
Average Maturity (yrs) 2.42 4.68 2.42 --
Yield to Maturity (%) 4.90 6.40 4.81 --
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
equal 5.05% Indian Oil Corp. 25/11/2022 Debenture AAA 0.00 - 8.05 8.05
equal 7.20% Power Grid Corporation 2027 Debenture AAA 0.00 - 4.98 4.98
equal REC 13/12/2022 Debenture AAA 0.00 - 6.71 4.96
equal 7.24% IRFC 2021 Bonds AAA 0.00 - 4.87 4.87
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 4.79 4.79
equal 4.58% SIDBI 18/12/2023 Debenture AAA 0.00 - 4.77 4.77
equal 8.73% NTPC 2023 Bonds AAA 0.00 - 3.42 3.42
equal 7.40% LIC Housing Fin. 2024 Debenture AAA 0.00 - 3.73 3.35
equal 6.72% Power Finance Corp. 2023 Debenture AAA 0.00 - 3.33 3.31
equal 6.60% REC 21/03/2022 Debenture AAA 0.00 - 3.32 3.26
equal 8.40% SIDBI 2021 Debenture AAA 0.00 - 3.23 3.23
new 5.85% GOI 2030 GOI Securities SOV 0.00 - 1.89 1.89
equal 9.35% Power Grid Corporation 29/08/2023 Bonds/NCDs AAA 1.66 - 2.66 1.75
equal 8.84% Maharashtra State 17/10/2022 State Development Loan SOV 0.00 - 1.70 1.70
equal 7.99% HDFC 2024 Debenture AAA 1.60 - 2.48 1.70
equal 7.69% National Bank Agr. Rur. Devp 29/05/2024 Non Convertible Debenture AAA 1.61 - 2.56 1.70
down 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 3.37 1.70
equal 7.60% Grasim Industries 2024 Non Convertible Debenture AAA 1.59 - 2.47 1.69
equal 7.75% LIC Housing Fin. 23/07/2024 Debenture AAA 1.58 - 2.45 1.69
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 2.34 1.69
equal 7.16% Power Finance Corp. 24/04/2025 Non Convertible Debenture AAA 0.00 - 2.24 1.67
new 7.39% Tamilnadu State 2026 State Development Loan SOV 0.00 - 1.67 1.67
new 7.39% Maharashtra State 2026 State Development Loan SOV 0.00 - 1.67 1.67
equal 6.97% GOI 2026 GOI Securities SOV 0.00 - 1.67 1.67
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.00 - 1.69 1.66

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-2021

*As on 31-Mar-2021

Fund Manager

— Avnish Jain since 17-Jan-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 05-May-2021

Growth: ₹ 17.4786

IDCW: ₹ 11.8898

Investment Strategy

The Scheme seeks to generate income and capital appreciation through a portfolio constituted predominantly of AA+ and above rated Corporate Debt across maturities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 0.5% for redemption within 90 days

Basic Details

Fund House: Canara Robeco Mutual Fund
Launch Date: 07-Feb-2014
Return Since Launch: 8.01%
Benchmark: CRISIL Composite Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 314 Cr (As on 30-Apr-2021)
Expense: 1.02% (As on 31-Mar-2021)
Risk Grade: Below Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW27-Nov-20200.3500

 29-May-20200.3500
 29-Nov-20190.2161
 31-May-20190.2521
 30-Nov-20180.2521
 25-May-20180.2521
 24-Nov-20170.2528
 26-May-20170.2528
 25-Nov-20160.2528
 27-May-20160.2456
 27-Nov-20150.2167
 29-May-20150.2167
 28-Nov-20140.2323

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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