CANARA ROBECO INCOME FUND (CRINC)
Medium To Long Duration Fund - An open ended medium term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 4 years – 7 years. (Portfolio Macaulay duration under anticipated adverse situation is 1 year to 7 years). A relatively high interest rate risk and moderate credit risk.
(as on July 29, 2022)
| SCHEME OBJECTIVE | The Scheme seeks to generate income and capital appreciation through a portfolio constituted of medium to long term debt and money market securities and issuers of different risk profiles. However, there can be no assurance that the investment objective of the scheme will be realized. |
| DATE OF ALLOTMENT | September 19, 2002 |
| BENCHMARK | CRISIL Medium to Long Duration Fund BIII Index |
| FUND MANAGER* | 1) Mr. Avnish Jain 2) Mr. Kunal Jain |
| TOTAL EXPERIENCE | 1) 27 Years 2) 14 Years |
| MANAGING THIS FUND | 1) Since 25-June-14 2) Since 18-July-22 |
| ASSET ALLOCATION | Debt and Money Market instruments- 0% to 100% (Risk- Low to Medium) Reits/Invits- 0% to 10% (Risk- Medium to High) |
| MINIMUM INVESTMENT | 5000 and in multiples of ₹ 1 thereafter Subsequent purchases: Minimum amount of ₹ 1000 and multiples of ₹ 1 thereafter SIP: For Any date/monthly frequency – ₹ 1000 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 2000 and in multiples of ₹ 1 thereafter STP: For Daily/Weekly/Monthly frequency – ₹ 1000 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 2000 and in multiples of ₹ 1 thereafter SWP: For monthly frequency – ₹ 1000 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 2000 and in multiples of ₹ 1 thereafter |
| PLANS / OPTIONS | Regular Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Quarterly Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Growth Option Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Quarterly Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Growth Option |
| ENTRY LOAD | Nil |
| EXIT LOAD | 1% - if redeemed/switched out within 12 months from the date of allotment |
| EXPENSE RATIO^: |
Regular Plan : 1.88% Direct Plan : 0.74% |
| Monthend AUM# | ₹ 126.87 Crores |
| Monthly AVG AUM | ₹ 126.08 Crores |
| (as on July 29, 2022) | |
| Direct Plan - Growth Option | ₹ 50.0998 |
| Regular Plan - Growth Option | ₹ 46.1829 |
| Regular Plan - Quarterly IDCW (payout/reinvestment) | ₹ 14.4687 |
| Direct Plan - Quarterly IDCW (payout/reinvestment) | ₹ 15.9348 |
| Yield to Maturity | 6.75% |
| Modified Duration | 3.21 Years |
| Average Maturity | 4.14 Years |
| Macaulay Duration | 3.33 Years |
Name of the Instruments |
Rating |
% to NAV |
Debt Instruments |
16.09 |
|
Power Finance Corporation Ltd |
AAA(CRISIL) |
4.09 |
LIC Housing Finance Ltd |
AAA(CRISIL) |
4.03 |
Housing Development Finance Corporation Ltd |
AAA(CRISIL) |
3.99 |
Power Grid Corporation of India Ltd |
AAA(CRISIL) |
3.98 |
Government Securities |
70.57 |
|
7.59% GOI 11-JAN-26 |
Sovereign |
12.07 |
7.38% GOI 20-JUN-27 |
Sovereign |
7.99 |
6.69% GOI 27-JUN-24 |
Sovereign |
7.89 |
7.54% GOI 23-MAY-36 |
Sovereign |
7.89 |
6.79% GOI 15-MAY-27 |
Sovereign |
7.79 |
5.63% GOI 12-APR-26 |
Sovereign |
7.56 |
5.74% GOI 15-NOV-26 |
Sovereign |
7.53 |
7.27% GOI 08-APR-26 |
Sovereign |
3.98 |
7.10% GOI 18-APR-29 |
Sovereign |
3.91 |
6.54% GOI 17-JAN-32 |
Sovereign |
3.73 |
8.47% MAHARASHTRA SDL 10-FEB-26 |
Sovereign |
0.23 |
Tri - party repo |
12.18 |
|
Other Current Assets |
1.16 |
|
Grand Total ( Net Asset) |
100.00 |
% Allocation |
|
Net Current Assets |
1.15% |
0 to 3 Months |
12.18% |
| 6 to 12 Months | 3.98% |
| 1 -2 years | 15.92% |
| Greater Than 2 Years | 66.78% |
| This product is suitable for investors who are seeking*: | |
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| *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. | |
$ Source ICRA MFI Explorer | Monthend AUM as on 29.07.2022 | ^The expense ratios mentioned for the schemes includes GST on investment management fees. *Please refer notice cum addendum no. 22 dated July 20, 2022 for change in fund management responsibilities.