CANARA ROBECO SAVINGS FUND (CRSF)

Low Duration Fund - An open-ended low duration debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months. A relatively low interest rate risk and moderate credit risk.
(as on September 30, 2022)


SCHEME OBJECTIVE To generate income / capital appreciation by investing in a portfolio comprising of low duration debt instruments and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.
DATE OF ALLOTMENT March 4, 2005
BENCHMARK CRISIL Low Duration Fund BI Index
FUND MANAGER 1) Mr. Kunal Jain
2) Mr. Avnish Jain
TOTAL EXPERIENCE 1) 14 Years
2) 27 Years
MANAGING THIS FUND 1) Since 18-July-22
2) Since 01-April-22
ASSET ALLOCATION Debt & 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 - Reinvestment of Income Distribution cum Capital Withdrawal Option
Regular Plan - Payout of Income Distribution cum Capital Withdrawal Option
Regular Plan - Daily Reinvestment of Income Distribution cum Capital Withdrawal Option
Regular Plan - Weekly Payout of Income Distribution cum Capital Withdrawal Option
Regular Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal Option
Regular Plan - Monthly Payout of Income Distribution cum Capital Withdrawal Option
Regular Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option
Regular Plan - Growth Option
Direct Plan - Reinvestment of Income Distribution cum Capital Withdrawal Option
Direct Plan - Payout of Income Distribution cum Capital Withdrawal Option
Direct Plan - Daily Reinvestment of Income Distribution cum Capital Withdrawal Option
Direct Plan - Weekly Payout of Income Distribution cum Capital Withdrawal Option
Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal Option
Direct Plan - Monthly Payout of Income Distribution cum Capital Withdrawal Option
Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option
Direct Plan - Growth Option
ENTRY LOAD Nil
EXIT LOAD Nil
EXPENSE RATIO^:
Regular Plan: 0.58%
Direct Plan : 0.33%

Monthend AUM#
₹ 1,006.59 Crores
Monthly AVG AUM
₹ 1,030.20 Crores

(as on September 30, 2022) (₹)
Regular Plan - Daily IDCW (reinvestment)
10.2600
Direct Plan - Daily IDCW (reinvestment)
10.2600
Direct Plan - Growth Option
35.4414
Regular Plan - Growth Option
34.7593
Regular Plan - IDCW (payout/reinvestment)
31.1354
Direct Plan - IDCW (payout/reinvestment) 31.7062
Direct Plan - Monthly IDCW (payout/reinvestment) 10.2703
Regular Plan - Monthly IDCW (payout/reinvestment) 10.2701
Regular Plan - Weekly IDCW (payout/reinvestment) 10.2622
Direct Plan - Weekly IDCW (payout/reinvestment) 10.2631

Yield to Maturity
6.96%
Modified Duration
0.88 Years
Average Maturity
1.00 Years
Macaulay Duration
0.93 Years

Name of the Instruments

Rating

% to NAV

Money Market Instruments

33.33

National Bank For Agriculture & Rural Development

A1+(IND)

7.27

Kotak Mahindra Bank Ltd

A1+(CRISIL)

4.85

Bank of Baroda

A1+(IND)

4.77

Axis Bank Ltd

A1+(CRISIL)

4.66

HDFC Bank Ltd

A1+(CARE)

2.41

Small Industries Development Bank of India

A1+(CARE)

2.37

HDFC Bank Ltd

A1+(CARE)

2.34

Kotak Mahindra Bank Ltd

A1+(CRISIL)

2.33

Small Industries Development Bank of India

A1+(CARE)

2.33

Debt Instruments

41.14

Kotak Mahindra Prime Ltd

AAA(CRISIL)

4.98

Indian Railway Finance Corporation Ltd

AAA(CRISIL)

4.93

Housing Development Finance Corporation Ltd

AAA(CRISIL)

4.89

HDB Financial Services Ltd

AAA(CRISIL)

3.48

Indian Railway Finance Corporation Ltd

AAA(CARE)

2.48

Bajaj Finance Ltd

AAA(CRISIL)

2.48

Larsen & Toubro Ltd

AAA(CRISIL)

2.48

Bajaj Housing Finance Ltd

AAA(CRISIL)

2.46

Bajaj Housing Finance Ltd

AAA(CRISIL)

2.42

LIC Housing Finance Ltd

AAA(CARE)

1.94

LIC Housing Finance Ltd

AAA(CRISIL)

1.50

Kotak Mahindra Prime Ltd

AAA(CRISIL)

1.49

Small Industries Development Bank Of India

AAA(ICRA)

1.45

Power Grid Corporation of India Ltd

AAA(CRISIL)

1.20

LIC Housing Finance Ltd

AAA(CRISIL)

1.00

LIC Housing Finance Ltd

AAA(CRISIL)

0.99

Small Industries Development Bank Of India

AAA(CARE)

0.97

Government Securities

12.98

7.38% GOI 20-JUN-27

Sovereign

3.49

7.32% GOI 28-JAN-24

Sovereign

2.99

7.16% GOI 20-MAY-23

Sovereign

2.49

7.75% TAMIL NADU SDL UDAY 22-FEB-23

Sovereign

1.99

9.37% GUJARAT SDL 04-DEC-23

Sovereign

1.53

7.10% GOI 18-APR-29

Sovereign

0.49

Treasury Bills

7.72

TREPS

1.48

Other Current Assets

3.37

Grand Total ( Net Asset)

100.00

Canara Robeco Savings Fund an open-ended low duration debt scheme aiming at primarily generating accrual income from investments in money market and debt securities. The Scheme is ideally suited for investors looking at a comparatively lower risk strategy short term debt fund with a Macaulay duration between 6 months and 12 months.

% Allocation
Net Current Assets
3.37%
0 to 3 Months
8.45%
3 to 6 Months
26.41%
6 to 12 Months
37.91%
1 -2 years
11.29%
Greater Than 2 Years
12.56%

This product is suitable for investors who are seeking*:
  • Income / Capital appreciation through a low duration strategy
  • Investment in debt & money market instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months
*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 30.09.2022 | ^The expense ratios mentioned for the schemes includes GST on investment management fees.