1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
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Fund | 0.34 | 0.00 | 0.04 | 0.22 | 0.54 | 1.30 | 4.01 | 5.55 | 5.90 | 6.70 | 7.50 |
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: Ultra Short Duration | 0.44 | 0.00 | 0.06 | 0.28 | 0.70 | 1.71 | 4.65 | 5.71 | 6.28 | 6.98 | 7.81 |
Rank within category | 25 | 27 | 25 | 25 | 26 | 25 | 21 | 9 | 12 | 10 | 9 |
Number of funds in category | 28 | 28 | 28 | 28 | 28 | 27 | 27 | 15 | 15 | 14 | 12 |
As on 26-Feb-2021
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 | Jul-08 | 4.01 | 5.55 | 5.90 | 0.95 | 501 | |
HDFC Ultra Short Term Fund - Regular Plan | Invest Online | Sep-18 | 5.91 | -- | -- | 0.64 | 18,196 | |
Aditya Birla Sun Life Savings Fund | Invest Online | Nov-01 | 6.26 | 7.50 | 7.75 | 0.50 | 16,118 | |
Kotak Savings Fund Regular Plan | Invest Online | Aug-04 | 5.23 | 6.84 | 7.05 | 0.77 | 12,326 | |
SBI Magnum Ultra Short Duration Fund | Invest Online | May-99 | 5.31 | 7.04 | 7.03 | 0.49 | 11,019 |
Best Performance | Worst Performance | |||
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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 | 0.53 | 12-Nov-2020 - 11-Feb-2021 |
Year | 10.17 | 24-Jul-2013 - 24-Jul-2014 | 4.01 | 27-Feb-2020 - 26-Feb-2021 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 5.47 | 0.50 | 1.59 | 2.29 | 0.92 | 1.67 |
CCIL T Bill Liquidity Weight | 3.72 | 0.36 | -2.62 | -5.07 | -- | -- |
Debt: Ultra Short Duration | 5.77 | 1.62 | 1.63 | 2.91 | 1.19 | 2.23 |
Rank within category | 11 | 1 | 10 | 10 | 5 | 12 |
Number of funds in category | 17 | 17 | 17 | 17 | 17 | 17 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jan-2021
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 26 | 26 | 18 | 40 |
Modified Duration (yrs) | 0.28 | 0.45 | 0.25 | -- |
Average Maturity (yrs) | 0.30 | 0.50 | 0.26 | -- |
Yield to Maturity (%) | 3.52 | 5.48 | 3.17 | -- |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Reserve Bank of India 364-D 15/04/2021 | Treasury Bills | SOV | 0.00 - 15.10 | 13.86 |
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Reserve Bank of India 364-D 04/03/2021 | Treasury Bills | SOV | 0.00 - 9.94 | 9.94 |
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Reserve Bank of India 182-D 25/02/2021 | Treasury Bills | SOV | 0.00 - 4.97 | 4.97 |
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LIC Housing Fin. 364-D 10/03/2021 | Commercial Paper | A1+ | 0.00 - 4.97 | 4.97 |
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Reliance Industries 83-D 25/02/2021 | Commercial Paper | A1+ | 0.00 - 5.41 | 4.97 |
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Larsen & Toubro 100-D 25/03/2021 | Commercial Paper | A1+ | 0.00 - 4.96 | 4.96 |
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Sundaram Finance 286-D 18/03/2021 | Commercial Paper | A1+ | 0.00 - 5.40 | 4.96 |
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Reserve Bank of India 182-D 29/04/2021 | Treasury Bills | SOV | 0.00 - 7.19 | 4.94 |
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Godrej Industries 91-D 26/04/2021 | Commercial Paper | A1+ | 0.00 - 4.94 | 4.94 |
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Bank of Baroda 2021 | Certificate of Deposit | A1+ | 0.00 - 7.17 | 4.93 |
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National Bank Agr. Rur. Devp 27/07/2021 | Certificate of Deposit | A1+ | 0.00 - 5.33 | 4.90 |
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Axis Bank 22/10/2021 | Certificate of Deposit | A1+ | 0.00 - 7.05 | 4.85 |
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Reserve Bank of India 364-D 22/07/2021 | Treasury Bills | SOV | 0.00 - 4.93 | 3.92 |
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7.67% LIC Housing Fin. 29/07/2021 | Bonds | AAA | 0.00 - 4.50 | 3.04 |
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7.20% Power Grid Corporation 21/12/2021 | Bonds | AAA | 0.00 - 5.17 | 2.05 |
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7.06% HDFC 13/12/2021 | Non Convertible Debenture | AAA | 0.00 - 5.04 | 2.04 |
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Reserve Bank of India 182-D 18/02/2021 | Treasury Bills | SOV | 0.00 - 9.73 | 1.99 |
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7.10% Power Finance Corp. 2022 | Bonds/NCDs | AAA | 0.00 - 2.67 | 1.03 |
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8.70% Reliance Industries 18/07/2021 | Debenture | AAA | 0.00 - 2.72 | 1.02 |
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6.99% HDFC 25/11/2021 | Non Convertible Debenture | AAA | 0.00 - 1.30 | 1.02 |
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7.40% Power Finance Corp. 30/09/2021 | Bonds | AAA | 0.00 - 1.30 | 1.02 |
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6.17% GOI 15/07/2021 | GOI Securities | SOV | 0.00 - 2.74 | 1.01 |
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8.32% Reliance Jio Infocomm 2021 | Debenture | AAA | 0.00 - 2.71 | 1.01 |
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7.50% Power Finance Corp. 16/08/2021 | Debenture | AAA | 0.00 - 1.50 | 1.01 |
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Reserve Bank of India 26/08/2021 | Treasury Bills | SOV | 0.00 - 0.98 | 0.98 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2021
— 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 11-Apr-2011
Education: Mrs. Prasad is B.Sc and PGDMS.
Experience: She has been associated with Canara Robeco since 1996.
Funds Managed:
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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.
Minimum Investment (₹) | 500 |
Minimum Addl Investment (₹) | 500 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 100 |
Minimum Balance (₹) | -- |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Fund House: | Canara Robeco Mutual Fund |
Launch Date: | 14-Jul-2008 |
Return Since Launch: | 7.34% |
Benchmark: | CRISIL Ultra ST Debt TRI |
Riskometer: | Low to Moderate |
Type: | Open-ended |
Assets: | ₹ 501 Cr (As on 31-Jan-2021) |
Expense: | 0.95% (As on 31-Jan-2021) |
Risk Grade: | Below Average |
Return Grade: | Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 25-Feb-2021 | 0.1225 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 24-Feb-2021 | 2.2581 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 24-Feb-2021 | 0.7504 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Fortnightly | 30-Jan-2013 | 2.8613 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fund News - 25-Aug-2014
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