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3 star

Canara Robeco Savings Fund - Regular Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.03 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 0.20 0.03 0.09 0.31 0.80 1.60 3.33 5.73 6.19 6.81 7.56
CCIL T Bill Liquidity Weight 0.09 -0.01 0.05 0.17 0.49 1.04 2.08 3.11 3.50 3.91 4.43
Debt: Low Duration 0.18 0.02 0.10 0.29 0.76 1.86 3.82 4.22 5.22 6.03 7.05
Rank within category 9 4 14 9 8 14 18 12 11 10 9
Number of funds in category 23 23 23 23 23 23 23 23 22 20 18

As on 17-Jan-2022

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 3.33 5.73 6.19 0.58% 1,097
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 3.72 6.90 6.97 0.52% 26,625
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 3.68 6.48 6.43 1.04% 19,527
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 3.73 6.36 6.51 1.23% 15,125
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 3.59 6.43 6.73 1.18% 10,161

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 3.07 05-Jan-2021 - 05-Jan-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.70 0.90 2.19 5.26 1.57 2.92
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Low Duration 4.46 4.36 1.22 2.76 -0.84 0.22
Rank within category 12 2 9 7 22 10
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 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 37 48 37 56
Modified Duration (yrs) 0.55 0.62 0.50 0.66
Average Maturity (yrs) 0.58 0.66 0.54 0.87
Yield to Maturity (%) 4.23 4.23 3.61 4.84
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 6.84% GOI 19/12/2022 GOI Securities SOV 0.65 - 12.59 12.59
equal Reserve Bank of India 364-D 05/05/2022 Treasury Bills SOV 0.00 - 9.00 9.00
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 4.63 4.63
equal National Bank Agr. Rur. Devp 89-D 25/01/2022 Commercial Paper A1+ 0.00 - 4.55 4.55
equal 3.96% GOI 2022 GOI Securities SOV 0.00 - 4.54 4.54
equal Reserve Bank of India 364-D 03/03/2022 Treasury Bills SOV 0.00 - 4.53 4.53
equal SIDBI 18/03/2022 Commercial Paper A1+ 0.00 - 4.52 4.52
new 4.66% Bajaj Finance 2022 Debenture AAA 0.00 - 3.64 3.64
down Reserve Bank of India 91-D 20/01/2022 Treasury Bills SOV 0.00 - 4.62 3.19
equal 7.45% REC 30/11/2022 Non Convertible Debenture AAA 1.92 - 2.80 2.80
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 1.91 - 2.79 2.79
new 7.85% LIC Housing Fin. 23/09/2022 Debenture AAA 0.00 - 2.33 2.33
equal 8.35% GOI 2022 GOI Securities SOV 0.00 - 2.32 2.32
equal 7.10% Power Finance Corporation 2022 Bonds/NCDs AAA 0.00 - 2.31 2.31
equal 7.18% National Bank Agr. Rur. Devp 2022 Non Convertible Debenture AAA 0.00 - 2.31 2.31
equal Larsen & Toubro 25/04/2022 Debenture AAA 0.00 - 2.30 2.30
equal 6.60% REC 21/03/2022 Debenture AAA 0.00 - 2.29 2.29
new 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 2.29 2.29
equal 4.95% HDFC 2022 Non Convertible Debenture AAA 0.00 - 2.28 2.28
equal 5.40% HDFC 2023 Bonds/NCDs AAA 0.00 - 2.28 2.28
equal Axis Bank 28/04/2022 Certificate of Deposit A1+ 0.00 - 2.25 2.25
equal LIC Housing Fin. 353-D 07/07/2022 Commercial Paper A1+ 0.00 - 2.23 2.23
new Axis Bank 19/09/2022 Certificate of Deposit A1+ 0.00 - 2.21 2.21
new Reserve Bank of India 364-D 22/12/2022 Treasury Bills SOV 0.00 - 2.19 2.19
down 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 1.27 - 3.57 1.86

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-Dec-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:


0.03%

Change from previous, NAV as on 17-Jan-2022

Growth: ₹ 33.9742

IDCW Weekly: ₹ 10.2664

More

IDCW Monthly: ₹ 10.2834

IDCW Daily: ₹ 10.2600

IDCW: ₹ 30.4320


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) --
Min. 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: 7.51%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,097 Cr (As on 31-Dec-2021)
Expense: 0.58% (As on 31-Dec-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily17-Jan-20220.0031

 14-Jan-20220.0011
 13-Jan-20220.0022
 12-Jan-20220.0020
 11-Jan-20220.0013
 10-Jan-20220.0030
 07-Jan-20220.0014
 06-Jan-20220.0012
 05-Jan-20220.0014
 04-Jan-20220.0005
 03-Jan-20220.0030
 31-Dec-20210.0022
 30-Dec-20210.0010
 29-Dec-20210.0017
 28-Dec-20210.0010
 27-Dec-20210.0025
 24-Dec-20210.0023
 23-Dec-20210.0001
 20-Dec-20210.0012
 17-Dec-20210.0006
 16-Dec-20210.0001
 15-Dec-20210.0005
 14-Dec-20210.0002
 13-Dec-20210.0022
 10-Dec-20210.0012
IDCW Weekly12-Jan-20220.0089

 05-Jan-20220.0081
 29-Dec-20210.0081
 22-Dec-20210.0014
 15-Dec-20210.0044
 08-Dec-20210.0084
 01-Dec-20210.0067
 24-Nov-20210.0042
 17-Nov-20210.0054
 10-Nov-20210.0107
 03-Nov-20210.0054
 27-Oct-20210.0018
 20-Oct-20210.0026
 13-Oct-20210.0094
 06-Oct-20210.0027
 22-Sep-20210.0037
 15-Sep-20210.0041
 08-Sep-20210.0061
 01-Sep-20210.0101
 25-Aug-20210.0060
 18-Aug-20210.0113
 11-Aug-20210.0066
 04-Aug-20210.0064
 28-Jul-20210.0069
 22-Jul-20210.0110
IDCW Monthly29-Dec-20210.0290

 24-Nov-20210.0258
 27-Oct-20210.0180
 29-Sep-20210.0226
 25-Aug-20210.0303
 28-Jul-20210.0371
 30-Jun-20210.0246
 27-May-20210.0261
 28-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
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

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