Overview
Canara Robeco Banking and PSU Debt Fund Direct Growth
Canara Robeco Mutual Fund
The scheme seeks to generate income and/or capital appreciation through a portfolio of high quality debt and money market instruments issued by entities such as Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds.
Investments in Canara Robeco Banking and PSU Debt Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 12.0625
Fund Size (AUM)
₹225.51 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹1000
Launch Date
22-Aug-2022
Expense Ratio
0.43%
Exit Load
Nil
Benchmark
CRISIL Banking and PSU Debt A-II Index
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
7.2%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 9.03% | N/A | N/A | N/A |
| Category Average | 9.28% | 6.98% | 6.39% | N/A |
| Rank Within Category | 21 | N/A | N/A | N/A |
Holdings (17)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| National Housing Bank | Financial | Debenture | 8.91% |
| REC Ltd. | Financial | Debenture | 8.88% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 8.67% |
| HDFC Bank Ltd. | Financial | Debenture | 6.87% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 6.85% |
| LIC Housing Finance Ltd. | Financial | Debenture | 6.77% |
| NHPC Ltd. | Energy | Debenture | 6.66% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 6.66% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.58% |
| ICICI Bank Ltd. | Financial | CD | 6.5% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| ICICI Prudential Banking & PSU Debt Direct Growth | 10368.32 | 9.58 | 7.84 | 0.39 | N/A |
| HDFC Banking and PSU Debt Fund Direct Growth | 5995.94 | 9.85 | 7.46 | 0.39 | N/A |
| Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | 8588.22 | 9.85 | 7.42 | 0.39 | N/A |
| Bandhan Banking & PSU Debt Fund Direct Growth | 13396.58 | 9.3 | 7.11 | 0.33 | N/A |
| Axis Banking & PSU Debt Direct Plan Growth | 12961.49 | 9.27 | 7.08 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 1000
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 5, 15, 20, 25
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 5, 15, 20, 25
Min Amount: ₹ 1000
Min Installments: 6
AMC Details
Asset Management Company
Canara Robeco Mutual Fund
Canara Robeco Mutual Fund started their mutual fund on 19/12/1987 and its managing total assets of ₹11,895 Cr. Its ranked at 20 as per total assets at end of 30th Sep 2017. Canara Robeco Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Canara Robeco is a Asset management company is a joint venture between Canara Bank and Robeco, a Dutch asset management company. Canara Robeco is the second oldest mutual fund in the country and was started in December 1987 (As Canara Mutual Fund).
Canara Robeco Mutual Fund presents a wide variety of funds in various different categories such as equity, debt and hybrid and income. Being a trusted brand, it strongly believes in providing world class investment services to all its customers. As of June 2018, the Asset Under Management of the company is Rs.1,337,458.48.
The equity shareholding structure comprises of Canara Bank owning 51% shares and Robeco Group owning 49% shares. Being one of the oldest mutual fund companies, it has made its mark in the mutual fund industry through its constant and stable performance across different market capitalization.
Launch Date
1987-12-19T00:00:00.802Z
Total AUM
₹ 97703.54 Cr
Address
4th Floor - Construction House,5 - Walchand Hirachand Marg, Mumbai 400001
Phone
022-22621371/ 66585000 / 665850010
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Canara Robeco Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Canara Robeco Banking and PSU Debt Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Canara Robeco Banking and PSU Debt Fund Direct Growth?
The top stocks held by Canara Robeco Banking and PSU Debt Fund Direct Growth include National Housing Bank, REC Ltd., Kotak Mahindra Bank Ltd..
Which industries does Canara Robeco Banking and PSU Debt Fund Direct Growth invest in?
Canara Robeco Banking and PSU Debt Fund Direct Growth primarily invests in the following industries: Financial, Energy, Sovereign.
Who are the fund managers of Canara Robeco Banking and PSU Debt Fund Direct Growth?
The fund managers of Canara Robeco Banking and PSU Debt Fund Direct Growth are Suman Prasad and Avnish Jain.
How many years has the fund manager been managing Canara Robeco Banking and PSU Debt Fund Direct Growth?
Suman Prasad:
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Avnish Jain:
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What is the minimum investment for Canara Robeco Banking and PSU Debt Fund Direct Growth?
The minimum investment for Canara Robeco Banking and PSU Debt Fund Direct Growth is ₹5000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for Canara Robeco Banking and PSU Debt Fund Direct Growth?
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What are the average 3-year returns for Canara Robeco Banking and PSU Debt Fund Direct Growth?
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What is the expense ratio of Canara Robeco Banking and PSU Debt Fund Direct Growth, and how does it compare to its category?
The expense ratio of Canara Robeco Banking and PSU Debt Fund Direct Growth is 0.43%. The average expense ratio for similar funds in the Debt is Calculating....