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2 star

Canara Robeco Gilt Fund - Regular Plan


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.

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 1.43 -0.01 -0.20 0.66 1.37 2.21 4.11 8.37 6.57 8.64 8.65
CCIL All Sovereign Bond - TRI 1.82 -0.04 -0.19 1.91 2.20 3.18 5.12 11.40 7.77 9.57 9.23
Debt: Gilt 1.94 0.02 -0.26 0.76 1.80 3.08 4.94 9.54 6.92 8.67 8.59
Rank within category 22 21 9 21 23 25 21 20 18 12 11
Number of funds in category 26 29 29 29 29 28 25 25 25 23 20

As on 28-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Canara Robeco Gilt Fund - Regular Plan  | Invest Online
2 star
Dec-99 4.11 8.37 6.57 1.25 86
SBI Magnum Gilt Fund  | Invest Online
4 star
Dec-00 5.80 10.49 8.02 0.95 3,620
ICICI Prudential Gilt Fund  | Invest Now
4 star
Aug-99 6.82 9.96 7.68 1.17 3,512
IDFC Government Securities Fund - Investment Plan - Regular Plan
4 star
Dec-08 4.89 11.35 8.31 1.24 1,937
Aditya Birla Sun Life Government Securities Fund  | Invest Online
4 star
Oct-99 6.10 10.44 7.88 0.94 863

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.35 11-Dec-2008 - 18-Dec-2008 -4.82 05-Feb-2003 - 12-Feb-2003
Month 11.65 18-Nov-2008 - 18-Dec-2008 -7.46 23-Jan-2003 - 22-Feb-2003
Quarter 20.45 30-Sep-2008 - 30-Dec-2008 -7.51 20-May-2013 - 19-Aug-2013
Year 35.71 03-Jan-2008 - 02-Jan-2009 -7.24 02-Jan-2009 - 04-Jan-2010

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.06 3.32 1.21 2.11 0.64 -0.16
CCIL All Sovereign Bond - TRI 10.61 4.72 1.39 1.99 -- --
Debt: Gilt 9.12 3.64 1.40 2.25 0.71 0.44
Rank within category 20 6 20 15 6 19
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-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 9 10 6 12
Modified Duration (yrs) 2.91 6.56 2.39 4.73
Average Maturity (yrs) 4.03 9.42 3.25 8.13
Yield to Maturity (%) 4.65 5.76 4.59 5.61
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 8.79% GOI 2021 Central Government Loan SOV 0.00 - 44.99 40.92
up 7.27% GOI 2026 GOI Securities SOV 0.00 - 19.62 18.41
equal 7.37% Tamilnadu State 14/09/2026 State Development Loan SOV 0.00 - 7.34 7.34
equal 6.97% GOI 2026 GOI Securities SOV 0.00 - 6.07 6.07
new 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 5.72 5.72
equal 7.57% GOI 17/06/2033 GOI Securities SOV 4.60 - 13.92 4.97
equal 6.22% GOI 16/03/2035 GOI Securities SOV 0.00 - 4.63 4.63
equal 7.17% GOI 2028 GOI Securities SOV 0.85 - 26.88 0.90
equal 8.13% GOI 22/06/2045 GOI Securities SOV 0.08 - 0.13 0.13

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-Aug-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:


-0.01%

Change from previous, NAV as on 28-Sep-2021

Growth: ₹ 61.2335

IDCW: ₹ 15.0092


Investment Strategy

The scheme is dedicated to government securities and seeks to achieve risk-free return while maintaining stability of returns and liquidity.

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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Canara Robeco Mutual Fund
Launch Date: 29-Dec-1999
Return Since Launch: 8.68%
Benchmark: CRISIL Dynamic Gilt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 86 Cr (As on 31-Aug-2021)
Expense: 1.25% (As on 31-Aug-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Jun-20210.4000

 24-Dec-20200.4500
 26-Jun-20200.5000
 27-Dec-20190.3241
 28-Jun-20190.3241
 28-Dec-20180.2881
 22-Jun-20180.3241
 29-Dec-20170.3250
 23-Jun-20170.3250
 23-Dec-20160.3250
 24-Jun-20160.2889
 23-Dec-20150.2889
 26-Jun-20150.2889
 31-Dec-20140.2903
 20-Jun-20140.2727
 20-Dec-20130.2883
 28-Jun-20130.3039
 21-Sep-20120.5285
 24-Dec-20090.2190
 01-Oct-20090.2190
 06-Jul-20090.6570
 26-Mar-20090.6570
 02-Jan-20090.6570
 05-Sep-20070.7000
 30-Dec-20050.2250

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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