CANARA ROBECO ULTRA SHORT TERM FUND (CRUSTF)
Ultra Short Duration Fund - An open ended ultra-short term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months. A relatively low interest rate risk and moderate credit risk.
(as on July 29, 2022)
| SCHEME 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. |
| DATE OF ALLOTMENT | September 16, 2003 |
| BENCHMARK | CRISIL Ultra Short Duration Fund BI Index |
| FUND MANAGER* | 1) Ms. Suman Prasad 2) Mr. Avnish Jain |
| TOTAL EXPERIENCE | 1) 24 Years 2) 27 Years |
| MANAGING THIS FUND | 1) Since 12-April-11 2) Since 01-April-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 | 500 and in multiples of ₹ 1 thereafter. Subsequent purchases: Minimum amount of ₹ 500 and multiples of ₹ 1 thereafter. SIP: For Any date/monthly frequency – ₹ 500 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 500 and in multiples of ₹ 1 thereafter STP: The minimum amount for STP will be subject to the minimum investment amount as detailed in switch-in scheme SWP: ₹ 100 and in multiples of ₹ 1 thereafter |
| PLANS / OPTIONS | Regular Plan - Daily Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Weekly Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Monthly Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Growth Option Direct Plan - Daily Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Weekly Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Monthly Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Growth Option |
| ENTRY LOAD | Nil |
| EXIT LOAD | Nil |
| EXPENSE RATIO^: |
Regular Plan : 0.95% Direct Plan : 0.41% |
| Monthend AUM# | ₹ 536.41 Crores |
| Monthly AVG AUM | ₹ 546.84 Crores |
| (as on July 29, 2022) | |
| Direct Plan - Daily IDCW (reinvestment) | ₹ 1,240.7100 |
| Direct Plan - Growth Option | ₹ 3,308.5117 |
| Direct Plan - IDCW (payout/reinvestment) | ₹ 1,893.8088 |
| Direct Plan - Monthly IDCW (payout/reinvestment) | ₹ 1,000.3375 |
| Regular Plan - IDCW (payout) | ₹ 1,298.4721 |
| Regular Plan - Daily IDCW (reinvestment) | ₹ 1,240.7100 |
| Regular Plan - Growth Option | ₹ 3,160.7998 |
| Regular Plan - Monthly IDCW (payout/reinvestment) | ₹ 1,000.3073 |
| Regular Plan - Weekly IDCW (payout/reinvestment) | ₹ 1,241.0911 |
| Direct Plan - Weekly IDCW (payout/reinvestment) | ₹ 1,241.1279 |
| Yield to Maturity | 5.89% |
| Modified Duration | 0.31 Years |
| Average Maturity | 0.33 Years |
| Macaulay Duration | 0.33 Years |
Name of the Instruments |
Rating |
% to NAV |
Money Market Instruments |
14.75 |
|
HDFC Bank Ltd |
A1+(CARE) |
5.59 |
ICICI Bank Ltd |
A1+(ICRA) |
4.65 |
Small Industries Development Bank of India |
A1+(CARE) |
4.51 |
Debt Instruments |
43.01 |
|
Kotak Mahindra Prime Ltd |
AAA(CRISIL) |
6.57 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
4.68 |
REC Ltd |
AAA(CRISIL) |
4.68 |
Reliance Industries Ltd |
AAA(CRISIL) |
4.68 |
National Bank For Agriculture & Rural Development |
AAA(ICRA) |
4.67 |
Housing Development Finance Corporation Ltd |
AAA(CRISIL) |
4.66 |
Sundaram Finance Ltd |
AAA(CRISIL) |
1.87 |
REC Ltd |
AAA(CRISIL) |
1.87 |
Reliance Industries Ltd |
AAA(CRISIL) |
1.87 |
Larsen & Toubro Ltd |
AAA(CRISIL) |
1.87 |
Bajaj Finance Ltd |
AAA(CRISIL) |
1.86 |
Indian Oil Corporation Ltd |
AAA(CRISIL) |
1.86 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
0.94 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
0.93 |
Government Securities |
6.59 |
|
8.21% RAJASTHAN SDL UDAY 31-MAR-23 |
Sovereign |
3.78 |
8.91% UTTAR PRADESH SDL 20-SEP-22 |
Sovereign |
2.81 |
Treasury Bills |
22.78 |
|
Tri - party repo |
11.12 |
|
Other Current Assets |
1.75 |
|
Grand Total ( Net Asset) |
100.00 |
% Allocation |
|
Net Current Assets |
1.73% |
0 to 3 Months |
38.19% |
| 3 to 6 Months | 36.80% |
| 6 to 12 Months | 23.28% |
| 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.