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2 star

Canara Robeco Ultra Short Term Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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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(₹)
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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 2.13 0.00 0.03 0.17 0.61 1.30 2.62 4.82 5.22 6.04 7.06
CCIL T Bill Liquidity Weight 1.64 0.00 0.02 0.10 0.50 1.05 2.02 3.30 3.60 4.04 4.51
Debt: Ultra Short Duration 2.89 0.00 0.03 0.29 0.88 1.85 3.53 5.51 5.63 6.38 7.48
Rank within category 24 6 19 24 24 24 24 16 11 9 9
Number of funds in category 27 28 28 28 28 27 27 20 14 14 12

As on 26-Oct-2021

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 2.62 4.82 5.22 0.95% 704
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 4.06 6.81 6.95 0.48% 17,747
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.64 6.24 -- 0.64% 16,705
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 3.27 5.97 6.32 0.77% 12,698
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 3.40 6.08 6.46 0.49% 11,007

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 0.53 12-Nov-2020 - 11-Feb-2021
Year 10.17 24-Jul-2013 - 24-Jul-2014 2.63 22-Oct-2020 - 22-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.85 0.60 1.51 3.57 1.16 1.61
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Ultra Short Duration 5.51 1.35 1.86 4.07 1.08 2.23
Rank within category 17 1 13 13 7 14
Number of funds in category 20 20 20 20 20 20

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

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 24 28 22 39
Modified Duration (yrs) 0.31 0.38 0.27 0.39
Average Maturity (yrs) 0.32 0.40 0.28 0.44
Yield to Maturity (%) 3.59 3.59 3.17 4.25
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 8.79% GOI 2021 Central Government Loan SOV 0.00 - 10.70 10.70
equal Reserve Bank of India 182-D 14/10/2021 Treasury Bills SOV 0.00 - 14.90 10.64
equal Reserve Bank of India 182-D 23/12/2021 Treasury Bills SOV 0.00 - 7.45 7.04
equal National Bank Agr. Rur. Devp 171-D 31/01/2022 Commercial Paper A1+ 0.00 - 7.42 7.01
equal Reserve Bank of India 182-D 18/02/2022 Treasury Bills SOV 0.00 - 7.41 7.00
equal Reserve Bank of India 364-D 11/03/2022 Treasury Bills SOV 0.00 - 7.40 6.99
equal 6.32% REC 31/12/2021 Debenture AAA 0.00 - 8.21 6.43
new 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 3.65 3.65
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 4.60 3.57
equal Axis Bank 22/10/2021 Certificate of Deposit A1+ 3.54 - 7.05 3.54
equal LIC Housing Fin. 25/10/2021 Commercial Paper A1+ 0.00 - 3.75 3.54
equal Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 3.74 3.53
equal Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 3.74 3.53
equal SIDBI 2022 Commercial Paper A1+ 0.00 - 3.66 3.46
equal LIC Housing Fin. 353-D 07/07/2022 Commercial Paper A1+ 0.00 - 3.64 3.44
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 2.34 2.20
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 1.55 1.45
equal 7.20% Power Grid Corporation 21/12/2021 Bonds AAA 1.43 - 3.03 1.43
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 1.43 - 3.02 1.43
new 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 0.00 - 1.43 1.43
new 7.21% HDFC 30/12/2022 Debenture AAA 0.00 - 0.73 0.73
equal 7.10% Power Finance Corporation 2022 Bonds/NCDs AAA 0.73 - 1.52 0.73
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 1.30 0.71
equal 9.40% L&T Housing Finance 2021 Debenture AAA 0.28 - 0.61 0.28

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-Sep-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 11-Apr-2011

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

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

Funds Managed:


0.00%

Change from previous, NAV as on 26-Oct-2021

Growth: ₹ 3,091.9522

IDCW Weekly: ₹ 1,240.9974

More

IDCW Monthly: ₹ 1,001.6257

IDCW Daily: ₹ 1,240.7100

IDCW: ₹ 1,270.1823


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

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

Basic Details

Fund House: Canara Robeco Mutual Fund
Launch Date: 14-Jul-2008
Return Since Launch: 7.10%
Benchmark: CRISIL Ultra Short Term Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 704 Cr (As on 30-Sep-2021)
Expense: 0.95% (As on 30-Sep-2021)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily26-Oct-20210.0050

 25-Oct-20210.1931
 21-Oct-20210.0893
 20-Oct-20210.0409
 18-Oct-20210.1964
 14-Oct-20210.0851
 13-Oct-20210.1390
 12-Oct-20210.1381
 11-Oct-20210.3100
 08-Oct-20210.0920
 07-Oct-20210.1353
 06-Oct-20210.0494
 05-Oct-20210.0384
 04-Oct-20210.2508
 01-Oct-20210.0924
 30-Sep-20210.0777
 28-Sep-20210.0051
 27-Sep-20210.1595
 23-Sep-20210.0862
 21-Sep-20210.0488
 20-Sep-20210.2085
 17-Sep-20210.0752
 16-Sep-20210.0975
 15-Sep-20210.0627
 14-Sep-20210.0038
IDCW Weekly20-Oct-20210.3225

 13-Oct-20210.8146
 06-Oct-20210.5918
 29-Sep-20210.1742
 22-Sep-20210.4236
 15-Sep-20210.4426
 08-Sep-20210.5858
 01-Sep-20210.8134
 25-Aug-20210.7272
 18-Aug-20210.8226
 11-Aug-20210.6984
 04-Aug-20210.6013
 28-Jul-20210.6429
 22-Jul-20210.8473
 14-Jul-20210.7429
 07-Jul-20210.8069
 30-Jun-20210.6036
 23-Jun-20210.6781
 16-Jun-20210.4574
 09-Jun-20210.7486
 02-Jun-20210.4753
 27-May-20210.6673
 19-May-20210.5886
 12-May-20210.3972
 05-May-20210.6716
IDCW Monthly29-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
 26-Mar-20200.0550
 26-Feb-20203.0974
 29-Jan-20204.4904
 26-Dec-20193.4635
 27-Nov-20193.1370
 30-Oct-20193.8702
 25-Sep-20193.3749
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, 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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