Rating : ★ ★ ☆ ☆ ☆

Canara Robeco Corporate Bond Fund Direct Dividend Payout

Debt

  

Corporate Bond Fund

NAV

12.2968 +0.001

(as on 17 Sep, 2020)

RETURNS

5.59 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Investment Plan

0%

Benchmark

CRISIL Composite Bond Fund TR INR

Asset Size

302.27 Cr.

(As of 31 Aug, 2020)

Risk

Moderate

Objective

The Scheme seeks to generate income and capital appreciation through a portfolio constituted predominantly of AA+ and above rated Corporate Debt across maturities. However, there can be no assurance that the investment objective of the scheme will be realized.

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Fund manager

Avnish Jain

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹1000

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

7.32% Govt Stock 2024

7.09%

NTPC Limited

5.50%

7.26% Govt Stock 2029

5.27%

Rural Electrification Corporation Limited

5.17%

Sector Allocation

About the Scheme Type

Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.

Ratings

This fund is rated 2 stars by Morning Star Ratings.

★ ★ ☆ ☆ ☆

Overview of Canara Robeco Asset Management Co. Ltd

Canara Robeco Asset Management Co. Ltd