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3 star

Canara Robeco Savings Fund - Regular Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

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 0.27 0.00 0.03 0.21 0.53 1.76 5.55 6.93 7.16 7.57 8.13
CCIL T Bill Liquidity Weight 0.29 0.01 0.01 0.18 0.43 1.07 2.84 3.75 3.97 4.39 4.68
Debt: Low Duration 0.30 0.00 0.03 0.18 0.68 2.15 5.90 5.14 6.04 6.64 7.48
Rank within category 14 11 11 9 12 19 18 11 12 9 7
Number of funds in category 24 24 24 24 24 24 24 24 23 21 19

As on 26-Feb-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Canara Robeco Savings Fund - Regular Plan  | Invest Online
3 star
Mar-05 5.55 6.93 7.16 0.55 1,581
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 7.57 7.99 7.99 0.55 26,706
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 7.22 7.42 7.40 1.04 25,667
SBI Magnum Low Duration Fund  | Invest Online
4 star
Jul-07 5.90 7.27 7.32 1.01 15,616
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 6.62 7.45 7.39 1.17 15,505

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.75 24-Mar-2020 - 31-Mar-2020 -1.02 12-Mar-2020 - 19-Mar-2020
Month 2.39 24-Mar-2020 - 23-Apr-2020 -1.08 20-Feb-2020 - 23-Mar-2020
Quarter 4.13 24-Mar-2020 - 24-Jun-2020 -0.10 24-Dec-2019 - 24-Mar-2020
Year 10.18 08-Jul-2011 - 09-Jul-2012 4.62 28-May-2009 - 28-May-2010

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.78 0.83 2.54 4.49 1.37 3.41
CCIL T Bill Liquidity Weight 3.72 0.36 -2.62 -5.07 -- --
Debt: Low Duration 5.06 4.40 1.23 2.26 -0.44 -0.02
Rank within category 12 2 6 7 22 8
Number of funds in category 25 25 25 25 25 25

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

As on 31-Jan-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 48 48 33 59
Modified Duration (yrs) 0.56 0.92 0.56 --
Average Maturity (yrs) 0.60 1.04 0.60 --
Yield to Maturity (%) 3.77 5.88 3.51 --
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 Reserve Bank of India 182-D 24/06/2021 Treasury Bills SOV 0.00 - 8.20 7.30
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 7.58 6.30
equal National Bank Agr. Rur. Devp 17/06/2021 Certificate of Deposit A1+ 0.00 - 5.68 4.72
new Reserve Bank of India 182-D 15/07/2021 Treasury Bills SOV 0.00 - 4.71 4.71
equal Axis Bank 22/10/2021 Certificate of Deposit A1+ 0.00 - 5.60 4.65
equal 5.54% Madhya Pradesh State 15/10/2021 State Development Loan SOV 0.00 - 5.10 4.19
equal 8.25% LIC Housing Fin. 17/09/2021 Non Convertible Debenture AAA 3.26 - 5.68 3.26
new Reserve Bank of India 182-D 25/02/2021 Treasury Bills SOV 0.00 - 3.18 3.18
equal Sundaram Finance 286-D 18/03/2021 Commercial Paper A1+ 0.00 - 3.56 3.17
new Godrej Industries 91-D 26/04/2021 Commercial Paper A1+ 0.00 - 3.16 3.16
equal Reserve Bank of India 364-D 29/07/2021 Treasury Bills SOV 0.00 - 3.77 3.13
equal HDFC 317-D 10/03/2021 Commercial Paper A1+ 0.00 - 3.70 2.54
equal Reserve Bank of India 364-D 22/07/2021 Treasury Bills SOV 0.00 - 3.02 2.51
new 8.39% National Bank Agr. Rur. Devp 19-D 19/07/2021 Debenture AAA 0.00 - 2.27 2.27
equal 7.45% REC 30/11/2022 Non Convertible Debenture AAA 0.00 - 2.58 2.00
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 2.62 1.99
down Reserve Bank of India 364-D 15/04/2021 Treasury Bills SOV 0.00 - 3.55 1.90
equal 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 2.19 1.66
equal 9.36% Power Finance Corp. 2021 Bonds AAA 0.00 - 2.00 1.63
equal 7.66% LIC Housing Fin. 21/10/2021 Debenture AAA 0.00 - 1.99 1.63
equal 8.32% Reliance Jio Infocomm 2021 Debenture AAA 0.00 - 2.16 1.62
equal 6.32% REC 31/12/2021 Debenture AAA 1.62 - 2.78 1.62
equal 7.15% HDFC 16/09/2021 Debenture AAA 0.00 - 1.97 1.62
equal 6.57% LIC Housing Fin. 13/07/2021 Debenture AAA 0.00 - 1.96 1.61
new 6.17% GOI 15/07/2021 GOI Securities SOV 0.00 - 1.61 1.61

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-Jan-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:


0.00%

Change from previous, NAV as on 26-Feb-2021

Growth: ₹ 32.9722

Dividend Weekly: ₹ 10.2609

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Dividend Monthly: ₹ 10.2609

Dividend Daily: ₹ 10.2600

Dividend: ₹ 29.5345


Investment Strategy

The Scheme seeks to generate income/capital appreciation by investing in a portfolio comprising of low duration debt instruments and money market instruments.

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 0

Basic Details

Fund House: Canara Robeco Mutual Fund
Launch Date: 04-Mar-2005
Return Since Launch: 7.74%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,581 Cr (As on 31-Jan-2021)
Expense: 0.55% (As on 31-Jan-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily26-Feb-20210.0001

 25-Feb-20210.0008
 24-Feb-20210.0005
 22-Feb-20210.0022
 18-Feb-20210.0029
 17-Feb-20210.0021
 16-Feb-20210.0026
 15-Feb-20210.0031
 12-Feb-20210.0023
 11-Feb-20210.0005
 08-Jan-20210.0011
 07-Jan-20210.0005
 05-Jan-20210.0028
 04-Jan-20210.0040
 01-Jan-20210.0020
 31-Dec-20200.0019
 30-Dec-20200.0018
 29-Dec-20200.0022
 28-Dec-20200.0040
 24-Dec-20200.0012
 23-Dec-20200.0007
 22-Dec-20200.0008
 21-Dec-20200.0026
 18-Dec-20200.0007
 17-Dec-20200.0004
Dividend Monthly24-Feb-20210.0233

 27-Jan-20210.0052
 30-Dec-20200.0285
 25-Nov-20200.0418
 28-Oct-20200.0503
 30-Sep-20200.0379
 26-Aug-20200.0176
 29-Jul-20200.0627
 24-Jun-20200.0670
 27-May-20200.1279
 29-Apr-20200.0902
 26-Feb-20200.0429
 29-Jan-20200.0445
 26-Dec-20190.0224
 27-Nov-20190.0393
 30-Oct-20190.0600
 25-Sep-20190.0269
 28-Aug-20190.0533
 31-Jul-20190.0778
 26-Jun-20190.0351
 29-May-20190.0671
 24-Apr-20190.0385
 27-Mar-20190.0552
 27-Feb-20190.0394
 30-Jan-20190.0656
Dividend Weekly24-Feb-20210.0055

 17-Feb-20210.0120
 10-Feb-20210.0003
 06-Jan-20210.0107
 30-Dec-20200.0092
 23-Dec-20200.0052
 16-Dec-20200.0046
 09-Dec-20200.0066
 02-Dec-20200.0028
 25-Nov-20200.0119
 18-Nov-20200.0131
 11-Nov-20200.0087
 04-Nov-20200.0081
 28-Oct-20200.0066
 21-Oct-20200.0123
 14-Oct-20200.0172
 07-Oct-20200.0141
 30-Sep-20200.0080
 23-Sep-20200.0087
 02-Sep-20200.0159
 19-Aug-20200.0075
 12-Aug-20200.0013
 05-Aug-20200.0127
 29-Jul-20200.0006
 22-Jul-20200.0036
Dividend Fortnightly30-Jan-20130.0268

 16-Jan-20130.0307
 02-Jan-20130.0303
 19-Dec-20120.0279
 05-Dec-20120.0290
 21-Nov-20120.0283
 07-Nov-20120.0277
 25-Oct-20120.0333
 10-Oct-20120.0296
 26-Sep-20120.0300
 12-Sep-20120.0305
 29-Aug-20120.0285
 16-Aug-20120.0335
 01-Aug-20120.0308
 18-Jul-20120.0298
 04-Jul-20120.0320
 20-Jun-20120.0335
 06-Jun-20120.0335
 23-May-20120.0344
 09-May-20120.0332
 25-Apr-20120.0338
 11-Apr-20120.0409
 28-Mar-20120.0410
 14-Mar-20120.0333
 29-Feb-20120.0289
Dividend10-Mar-20110.4392

 01-Mar-20110.4392
 14-Dec-20050.3508

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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