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3 star

Canara Robeco Savings Fund - Regular Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 1.10 0.01 0.04 0.35 0.97 1.59 4.86 6.73 6.90 7.39 8.00
CCIL T Bill Liquidity Weight 0.69 0.01 0.02 0.17 0.49 0.94 2.22 3.62 3.84 4.29 4.65
Debt: Low Duration 1.30 0.01 0.06 0.41 1.13 1.93 8.03 5.02 5.82 6.48 7.38
Rank within category 21 17 18 21 20 20 22 12 12 9 7
Number of funds in category 24 24 24 24 24 24 24 24 23 21 19

As on 14-May-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 4.86 6.73 6.90 0.63 1,629
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 7.20 7.77 7.68 0.55 28,269
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 7.04 7.29 7.15 1.04 23,013
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 6.31 7.35 7.19 1.08 15,949
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 6.78 7.42 7.52 1.19 11,861

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 6.58 0.85 2.60 4.61 1.39 3.34
CCIL T Bill Liquidity Weight 3.56 0.38 -2.17 -5.20 -- --
Debt: Low Duration 5.13 4.23 1.39 2.55 -0.60 0.26
Rank within category 12 2 8 8 23 9
Number of funds in category 24 24 24 24 24 24

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 46 48 33 59
Modified Duration (yrs) 0.50 0.92 0.50 0.75
Average Maturity (yrs) 0.54 1.04 0.54 0.95
Yield to Maturity (%) 3.63 4.62 3.51 4.32
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 7.09
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 7.58 6.12
equal National Bank Agr. Rur. Devp 17/06/2021 Certificate of Deposit A1+ 0.00 - 5.68 4.58
equal Reserve Bank of India 182-D 15/07/2021 Treasury Bills SOV 0.00 - 5.24 4.57
equal Axis Bank 22/10/2021 Certificate of Deposit A1+ 0.00 - 5.60 4.53
equal 5.54% Madhya Pradesh State 15/10/2021 State Development Loan SOV 0.00 - 5.10 4.02
up 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 3.84 3.84
equal Reserve Bank of India 91-D 17/06/2021 Treasury Bills SOV 0.00 - 3.50 3.06
equal Reserve Bank of India 364-D 29/07/2021 Treasury Bills SOV 0.00 - 3.77 3.04
equal LIC Housing Fin. 355-D 14/12/2021 Commercial Paper A1+ 0.00 - 3.43 3.00
equal SIDBI 18/03/2022 Commercial Paper A1+ 0.00 - 3.40 2.97
equal Reserve Bank of India 364-D 22/07/2021 Treasury Bills SOV 0.00 - 3.02 2.44
equal 8.39% National Bank Agr. Rur. Devp 19-D 19/07/2021 Debenture AAA 0.00 - 2.50 2.17
equal 7.45% REC 30/11/2022 Non Convertible Debenture AAA 0.00 - 2.58 1.92
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 2.62 1.91
equal 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 2.19 1.59
equal 8.79% GOI 2021 Central Government Loan SOV 0.00 - 1.82 1.58
new 6.60% REC 21/03/2022 Debenture AAA 0.00 - 1.57 1.57
equal 9.36% Power Finance Corp. 2021 Bonds AAA 0.00 - 2.00 1.56
equal 6.32% REC 31/12/2021 Debenture AAA 1.56 - 2.64 1.56
new 7.24% REC 21/10/2021 Debenture AAA 0.00 - 1.56 1.56
equal 7.66% LIC Housing Fin. 21/10/2021 Debenture AAA 0.00 - 1.99 1.56
equal 7.15% HDFC 16/09/2021 Debenture AAA 0.00 - 1.97 1.55
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 1.79 1.55
equal 8.32% Reliance Jio Infocomm 2021 Debenture AAA 0.00 - 2.16 1.55

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

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 26-Nov-2010

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 14-May-2021

Growth: ₹ 33.2462

IDCW Weekly: ₹ 10.2610

More

IDCW Monthly: ₹ 10.2743

IDCW Daily: ₹ 10.2600

IDCW: ₹ 29.7799


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: 7.69%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,629 Cr (As on 30-Apr-2021)
Expense: 0.63% (As on 31-Mar-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-May-20210.0010

 12-May-20210.0002
 11-May-20210.0015
 10-May-20210.0018
 07-May-20210.0008
 06-May-20210.0015
 05-May-20210.0008
 04-May-20210.0009
 03-May-20210.0031
 30-Apr-20210.0015
 29-Apr-20210.0012
 28-Apr-20210.0027
 27-Apr-20210.0017
 26-Apr-20210.0040
 23-Apr-20210.0023
 22-Apr-20210.0027
 20-Apr-20210.0016
 19-Apr-20210.0044
 16-Apr-20210.0007
 15-Apr-20210.0011
 12-Apr-20210.0018
 06-Apr-20210.0029
 05-Apr-20210.0056
 31-Mar-20210.0029
 30-Mar-20210.0052
IDCW Weekly12-May-20210.0058

 05-May-20210.0076
 28-Apr-20210.0106
 22-Apr-20210.0095
 15-Apr-20210.0050
 07-Apr-20210.0064
 31-Mar-20210.0123
 24-Mar-20210.0146
 17-Mar-20210.0033
 10-Mar-20210.0041
 03-Mar-20210.0057
 24-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
IDCW Monthly28-Apr-20210.0316

 31-Mar-20210.0400
 24-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
IDCW 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
IDCW10-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

Last Session

Investors' Hangout

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

Registration Over