Overview
Canara Robeco Liquid Direct Plan Growth
Canara Robeco Mutual Fund
The fund seeks enhancement of income while maintaining a high level of liquidity through investment in a mix of money market instruments and debt securities.
Investments in Canara Robeco Liquid Direct Plan Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 3122.5972
Fund Size (AUM)
₹4032.11 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹1000
Launch Date
01-Jan-2013
Expense Ratio
0.12%
Exit Load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Benchmark
CRISIL Liquid Debt A-I Index
Standard Deviation
0.3
History
Performance & Ratios
1-Year SIP Return
7.55%
3-Year SIP Return
7.33%
5-Year SIP Return
6.44%
Mean Return
6.6%
Alpha
1.81
Beta
0.65
Sharpe Ratio
1.53
Sortino Ratio
1.49
Information Ratio
11.62
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.41% | 6.91% | 5.44% | 5.87% |
| Category Average | 7.1% | 6.67% | 5.32% | N/A |
| Rank Within Category | 11 | 9 | 26 | N/A |
Holdings (37)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 6.12% |
| Punjab National Bank | Financial | CD | 6.11% |
| Bank of India | Financial | CD | 4.88% |
| Bajaj Finance Ltd. | Financial | CP | 3.67% |
| HDFC Bank Ltd. | Financial | CD | 3.67% |
| Export-Import Bank Of India | Financial | CP | 3.67% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.67% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.66% |
| Union Bank of India | Financial | CD | 3.06% |
| Bajaj Finance Ltd. | Financial | CP | 2.46% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct Growth | 41051.49 | 7.44 | 6.94 | 0.21 | N/A |
| Mahindra Manulife Liquid Fund Direct Growth | 1025.78 | 7.4 | 6.93 | 0.14 | N/A |
| Union Liquid Fund Direct Growth | 3206.36 | 7.41 | 6.92 | 0.07 | N/A |
| Edelweiss Liquid Direct Growth | 5243.37 | 7.43 | 6.92 | 0.09 | N/A |
| Bajaj Finserv Liquid Fund Direct Growth | 4200.75 | 7.4 | N/A | 0.11 | 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
1987-12-19T00:00:00.837Z
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 Liquid Direct Plan Growth
Canara Robeco Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Canara Robeco Liquid Direct Plan 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 Liquid Direct Plan Growth?
The top stocks held by Canara Robeco Liquid Direct Plan Growth include Reserve Bank of India, Punjab National Bank, Bank of India.
Which industries does Canara Robeco Liquid Direct Plan Growth invest in?
Canara Robeco Liquid Direct Plan Growth primarily invests in the following industries: Financial, Others.
Who are the fund managers of Canara Robeco Liquid Direct Plan Growth?
The fund managers of Canara Robeco Liquid Direct Plan Growth are Avnish Jain and Kunal Jain.
How many years has the fund manager been managing Canara Robeco Liquid Direct Plan Growth?
Avnish Jain:
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Kunal Jain:
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What is the minimum investment for Canara Robeco Liquid Direct Plan Growth?
The minimum investment for Canara Robeco Liquid Direct Plan Growth is ₹5000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for Canara Robeco Liquid Direct Plan Growth?
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What are the average 3-year returns for Canara Robeco Liquid Direct Plan Growth?
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What is the expense ratio of Canara Robeco Liquid Direct Plan Growth, and how does it compare to its category?
The expense ratio of Canara Robeco Liquid Direct Plan Growth is 0.12%. The average expense ratio for similar funds in the Debt is Calculating....