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Canara Robeco Ultra Short Term Fund - Regular Plan download report

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Debt: Ultra Short Duration

Analysts' Choiceunlock it

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 Lakh

Suitability:

"Ultra Short Duration debt funds invest in bonds maturing in three to six months. 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 over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. 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.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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 Ultra Short Term Reg-G 0.84 0.00 -0.01 0.01 0.52 1.19 2.53 4.04 4.83 5.52 6.64
CCIL T Bill Liquidity Weight 0.55 0.03 0.00 -0.04 0.32 0.83 1.91 2.81 3.35 3.75 4.29
Debt: Ultra Short Duration 0.97 -0.01 0.01 0.02 0.58 1.39 3.28 4.76 5.20 5.92 7.05
Rank within category 23 9 25 17 23 23 23 18 11 11 9
Number of funds in category 27 27 27 27 27 27 27 21 14 14 13

As on 13-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Canara Robeco Ultra Short Term Fund - Regular Plan  | Invest Online
2 star
 Jul-08 2.53 4.04 4.83 0.95% 612
Aditya Birla Sun Life Savings Fund  | Invest Online
4 star
 Nov-01 3.66 5.77 6.51 0.49% 16,314
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
 May-99 3.18 5.06 6.04 0.49% 14,144
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
 Sep-18 3.28 5.24 -- 0.64% 14,076
ICICI Prudential Ultra Short Term Fund  | Invest Now
5 star
 May-11 3.59 5.67 6.34 0.87% 13,266

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.69 24-Mar-2020 - 31-Mar-2020 -0.52 09-Jul-2013 - 16-Jul-2013
Month 1.37 30-Aug-2013 - 01-Oct-2013 -0.15 24-Jun-2013 - 24-Jul-2013
Quarter 3.06 24-Jul-2013 - 23-Oct-2013 0.52 11-Feb-2022 - 13-May-2022
Year 10.17 24-Jul-2013 - 24-Jul-2014 2.53 12-May-2021 - 13-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Canara Robeco Ultra Short Term Reg-G 4.11 0.57 1.01 3.40 1.19 1.38
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Ultra Short Duration 4.80 1.07 1.54 4.68 1.09 2.01
Rank within category 18 2 15 15 8 15
Number of funds in category 21 21 21 21 21 21

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 26 26 20 41
Modified Duration (yrs) 0.35 0.35 0.25 0.35
Average Maturity (yrs) 0.36 0.38 0.26 0.38
Yield to Maturity (%) 4.40 4.40 3.40 4.51
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
up 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 12.42 12.42
equal Sundaram Finance 2022 Debenture AAA 0.00 - 6.75 6.34
equal HDFC Bank 17/08/2022 Certificate of Deposit A1+ 0.00 - 5.15 4.84
equal 6.92% REC 22/04/2023 Non Convertible Debenture AAA 0.00 - 4.30 4.14
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 4.44 4.13
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.00 - 4.28 4.13
equal 8.54% Bajaj Finance 2022 Debenture AAA 0.00 - 8.84 4.10
equal 4.95% HDFC 2022 Non Convertible Debenture AAA 0.00 - 4.38 4.09
equal SIDBI 2022 Commercial Paper A1+ 0.00 - 4.33 4.07
equal Kotak Mahindra Bank 15/06/2022 Certificate of Deposit A1+ 0.00 - 4.19 4.06
new Indian Bank 29/06/2022 Certificate of Deposit A1+ 0.00 - 4.06 4.06
equal LIC Housing Fin. 353-D 07/07/2022 Commercial Paper A1+ 0.00 - 4.31 4.05
equal Reserve Bank of India 182-D 11/08/2022 Treasury Bills SOV 0.00 - 4.30 4.04
equal Reserve Bank of India 182-D 01/09/2022 Treasury Bills SOV 0.00 - 4.15 4.03
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 4.24 3.99
equal 8.91% Uttar Pradesh State 20/09/2022 State Development Loan SOV 0.00 - 2.59 2.49
equal 7.25% Larsen & Toubro 24/04/2023 Non Convertible Debenture AAA 0.00 - 1.73 1.66
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 3.54 1.65
equal 7.03% REC 2022 Non Convertible Debenture AAA 0.00 - 1.71 1.65
new 6.30% GOI 2023 GOI Securities SOV 0.00 - 1.65 1.65
equal 8.02% Larsen & Toubro 22/05/2022 Non Convertible Debenture AAA 0.00 - 1.77 1.64
equal 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 0.00 - 1.76 1.64
new 4.66% Bajaj Finance 2022 Debenture AAA 0.00 - 1.63 1.63
equal 7.21% HDFC 30/12/2022 Debenture AAA 0.00 - 0.89 0.83
equal 7.35% Power Finance Corporation 22/11/2022 Debenture AAA 0.00 - 0.86 0.83

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-2022

Fund Manager

— Avnish Jain since 01-Apr-2022

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:

— Suman Prasad since 11-Apr-2011

Education: Ms. Prasad is B.Sc and PGDMS.

Experience: She has been associated with Canara Robeco since 1996.

Funds Managed:

Invest Online
0.00%

Change from previous, NAV as on 13-May-2022

Growth: ₹ 3,133.3121

IDCW Weekly: ₹ 1,238.7256

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IDCW Monthly: ₹ 998.4008

IDCW Daily: ₹ 1,238.2677

IDCW: ₹ 1,287.1799

Investment Strategy

The Scheme seeks to generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 100
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Canara Robeco Mutual Fund
Launch Date: 14-Jul-2008
Return Since Launch: 6.92%
Benchmark: CRISIL Ultra Short Duration Fund BI Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 612 Cr (As on 30-Apr-2022)
Expense: 0.95% (As on 31-Mar-2022)
Risk Grade: Above Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily02-May-20220.3333

 29-Apr-20220.0771
 28-Apr-20220.0483
 27-Apr-20220.1054
 26-Apr-20220.1198
 25-Apr-20220.3625
 22-Apr-20220.1042
 21-Apr-20220.1755
 20-Apr-20220.3097
 19-Apr-20220.2414
 18-Apr-20220.3736
 07-Apr-20220.2393
 06-Apr-20220.0418
 05-Apr-20220.1434
 04-Apr-20220.5161
 31-Mar-20220.3536
 30-Mar-20220.1390
 29-Mar-20220.1343
 28-Mar-20220.3862
 25-Mar-20220.2026
 24-Mar-20220.2383
 23-Mar-20220.1131
 22-Mar-20220.0342
 21-Mar-20220.4665
 17-Mar-20220.1897
IDCW Monthly27-Apr-20222.4896

 30-Mar-20223.2872
 23-Feb-20222.1884
 27-Jan-20222.3440
 29-Dec-20212.4416
 24-Nov-20212.1597
 27-Oct-20211.6245
 29-Sep-20211.9679
 25-Aug-20212.2963
 28-Jul-20212.4524
 30-Jun-20212.3904
 27-May-20211.8748
 28-Apr-20212.3363
 31-Mar-20212.8203
 24-Feb-20212.2581
 27-Jan-20211.3724
 30-Dec-20203.1501
 25-Nov-20202.8343
 28-Oct-20202.9605
 30-Sep-20203.5028
 26-Aug-20202.9133
 29-Jul-20204.8868
 24-Jun-20203.5433
 27-May-20204.2245
 29-Apr-20209.1257
IDCW Weekly27-Apr-20220.8676

 20-Apr-20221.1643
 06-Apr-20221.0552
 30-Mar-20221.1008
 23-Mar-20220.8037
 16-Mar-20221.2823
 09-Mar-20220.3113
 02-Mar-20220.5752
 23-Feb-20220.6364
 16-Feb-20221.2714
 09-Feb-20220.5985
 02-Feb-20220.2069
 27-Jan-20220.6719
 19-Jan-20220.5764
 12-Jan-20220.7643
 05-Jan-20220.8930
 29-Dec-20210.7536
 22-Dec-20210.3033
 15-Dec-20210.4948
 08-Dec-20210.8094
 01-Dec-20210.6654
 24-Nov-20210.5369
 17-Nov-20210.5736
 10-Nov-20210.9744
 03-Nov-20210.5923
IDCW Fortnightly30-Jan-20132.8613

 16-Jan-20132.9494
 02-Jan-20132.9913
 19-Dec-20122.9125
 05-Dec-20122.8809
 21-Nov-20122.8534
 07-Nov-20122.6079
 25-Oct-20123.2595
 10-Oct-20120.8333

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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