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Canara Robeco Corporate Bond Fund - Regular Plan download report


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 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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(₹)
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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 Corporate Bond Reg-G 0.28 0.02 0.25 0.17 -0.42 0.35 1.95 5.59 5.80 6.54 --
VR Bond -0.29 0.05 0.54 0.19 -0.53 -0.31 1.68 4.14 5.03 5.99 --
Debt: Corporate Bond -0.10 0.01 0.23 0.11 -0.80 -0.04 1.95 6.17 6.24 6.98 --
Rank within category 11 8 7 8 11 11 13 17 11 10 --
Number of funds in category 22 22 22 22 22 22 21 19 13 12 9

As on 24-Jun-2022

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
2 star
Feb-14 1.95 5.59 5.80 1.03% 222
HDFC Corporate Bond Fund  | Invest Online
4 star
Jun-10 1.98 6.61 6.87 0.60% 22,197
ICICI Prudential Corporate Bond Fund  | Invest Now
4 star
Jun-09 2.83 6.66 6.74 0.58% 17,438
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
Mar-97 2.66 6.93 7.09 0.46% 16,866
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
4 star
Sep-07 2.68 6.19 6.75 0.66% 9,454

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 -0.65 17-Mar-2022 - 16-Jun-2022
Year 12.58 04-Mar-2014 - 04-Mar-2015 1.45 14-Jun-2021 - 14-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Canara Robeco Corporate Bond Reg-G 5.60 1.93 1.09 1.79 0.71 1.43
VR Bond 4.44 2.05 0.46 0.71 -- --
Debt: Corporate Bond 5.86 2.48 1.09 1.98 0.67 1.73
Rank within category 15 4 12 12 13 16
Number of funds in category 19 19 19 19 19 19

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

As on 31-May-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 26 35 26 69
Modified Duration (yrs) 1.44 1.87 1.26 --
Average Maturity (yrs) 1.65 2.24 1.46 --
Yield to Maturity (%) 6.23 6.23 4.40 --
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 7.69% National Bank Agr. Rur. Devp 29/05/2024 Non Convertible Debenture AAA 5.20 - 6.86 6.86
equal REC 13/12/2022 Debenture AAA 5.07 - 6.81 6.81
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 5.04 - 6.79 6.79
equal 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 4.94 - 6.75 6.75
equal 4.58% SIDBI 18/12/2023 Debenture AAA 4.86 - 6.59 6.59
equal 8.73% NTPC 2023 Bonds AAA 3.48 - 4.59 4.59
equal 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 4.04 - 6.00 4.53
equal 7.40% LIC Housing Fin. 2024 Debenture AAA 3.42 - 4.53 4.53
equal 6.72% Power Finance Corporation 2023 Debenture AAA 3.38 - 4.52 4.52
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 4.30 4.30
new 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 4.28 4.28
equal 9.35% Power Grid Corporation 29/08/2023 Bonds/NCDs AAA 1.78 - 2.33 2.33
equal 7.99% HDFC 2024 Debenture AAA 1.74 - 2.29 2.29
down 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 6.72 2.28
equal 7.60% Grasim Industries 2024 Non Convertible Debenture AAA 1.72 - 2.28 2.28
equal 8.84% Maharashtra State 17/10/2022 State Development Loan SOV 1.73 - 2.28 2.28
equal 7.75% LIC Housing Fin. 23/07/2024 Debenture AAA 1.72 - 2.28 2.28
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 1.69 - 2.27 2.27
equal 7.28% HDFC 26/09/2022 Debenture AAA 1.69 - 2.27 2.27
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 1.69 - 2.26 2.26
equal 7.16% Power Finance Corporation 24/04/2025 Non Convertible Debenture AAA 1.70 - 2.25 2.25
equal 5.32% National Housing Bank 2023 Non Convertible Debenture AAA 1.65 - 2.23 2.23
equal 5.10% Sundaram Finance 2023 Debenture AAA 1.63 - 2.20 2.20
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 5.20 2.15
equal 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 2.12 2.12

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-May-2022

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:


0.02%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 17.8881

IDCW: ₹ 11.3306


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

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 (₹) 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: 7.19%
Benchmark: CRISIL Corporate Bond Fund BIII Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 222 Cr (As on 31-May-2022)
Expense: 1.03% (As on 31-May-2022)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW27-May-20220.2300

 26-Nov-20210.3000
 28-May-20210.3000
 27-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, 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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