Rating : ★ ★ ★ ☆ ☆

Canara Robeco Ultra Short Term Fund Direct Plan Daily Reinvestment of Income Dist cum Cap Wdrl

Debt

  

Ultra Short Duration Fund

NAV

1240.710

(as on 06 May, 2021)

RETURNS

4.66 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0%

Asset Size

650.06 Cr.

(As of 30 Apr, 2021)

Benchmark

CRISIL Liquid Fund TR INR

Riskometer

Investors understand that their principal will be at Low to Moderate Risk.

Objective

To generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile. However, there is no assurance that the objective of the Fund will be realised.

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Fund manager

Suman Prasad

Exit load

N / A

Minimum sip

₹500

Minimum investment

₹500

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

364 DTB 26082021

31.32%

Rural Electrification Corporation Limited

8.21%

8.79% Govt Stock 2021

4.16%

Housing Development Finance Corporation Limited

4.09%

Sector Allocation

About the Scheme Type

Ultra Short Duration Mutual Funds invest in very short term debt securities with a small portion in longer term debt securities. Ultra Short Duration Mutual Fund maybe used by investors for both short term needs as well as Systematic Transfer Plans (STPs) as they hep investors avoid interest rate risks and offer better returns than most money market instruments. They invest in securities with a maturity period of both greater and less than 91 days and the typical investment horizon ranges from 1 week to 18 months. The returns from these attract capital gains which are taxable.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of Canara Robeco Asset Management Co. Ltd

Canara Robeco Asset Management Co. Ltd