CANARA ROBECO CORPORATE BOND FUND (CRCBF)
Corporate Bond Fund - An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A relatively high interest rate risk and moderate credit risk.
(as on August 31, 2023)
| SCHEME 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 |
| DATE OF ALLOTMENT | 7th February, 2014 |
| BENCHMARK | CRISIL Corporate Bond B-III Index |
| FUND MANAGER | 1) Mr. Avnish Jain 2) Ms. Suman Prasad |
| TOTAL EXPERIENCE | 1) 27 Years 2) 24 Years |
| MANAGING THIS FUND | 1) Since 7-Feb-14 2) Since 18-July-22 |
| ASSET ALLOCATION | AA+ and above rated Corporate Debt of varying maturities - 80% to 100% (Risk- Low to Medium) Other Debt (including government securities) and Money Market Instruments - 0% to 20% (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 - Growth Option Direct Plan - Reinvestment 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* | If redeemed/switched-out within 90 Days from the date of allotment: 0.50% If redeemed/switched-out after 90 Days from the date of allotment: Nil |
| EXPENSE RATIO^: |
Regular Plan : 1.03% Direct Plan : 0.36% |
| Monthend AUM# | ₹ 176.30 Crores |
| Monthly AVG AUM | ₹ 177.71 Crores |
| (as on August 31, 2023) | (₹) |
| Direct Plan - Growth Option | 20.2311 |
| Regular Plan - Growth Option | 19.1068 |
| Regular Plan - IDCW (payout/reinvestment) | 11.5684 |
| Direct Plan - IDCW (payout/reinvestment) | 12.2463 |
| Annualised Portfolio YTM | 7.42% |
| Modified Duration | 2.34 Years |
| Residual Maturity | 3.09 Years |
| Macaulay Duration | 2.55 Years |
Name of the Instruments |
Rating |
% to NAV |
Debt Instruments |
|
73.72 |
HDFC Bank Ltd |
AAA(CRISIL) |
8.55 |
REC Ltd |
AAA(CRISIL) |
8.48 |
Small Industries Development Bank Of India |
AAA(ICRA) |
8.44 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
5.70 |
National Bank For Agriculture & Rural Development |
AAA(CRISIL) |
5.68 |
Grasim industries Ltd |
AAA(CRISIL) |
5.68 |
LIC Housing Finance Ltd |
AAA(CRISIL) |
5.66 |
National Housing Bank |
AAA(CRISIL) |
5.65 |
Bajaj Finance Ltd |
AAA(CRISIL) |
5.62 |
Indian Railway Finance Corporation Ltd |
AAA(CRISIL) |
2.94 |
LIC Housing Finance Ltd |
AAA(CRISIL) |
2.84 |
Grasim Industries Ltd |
AAA(CRISIL) |
2.84 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
2.82 |
Sundaram Finance Ltd |
AAA(CRISIL) |
2.82 |
Government Securities |
|
17.08 |
7.26% GOI 2033 (06-FEB-2033) |
Sovereign |
5.71 |
7.38% GOI 2027 (20-JUN-2027) |
Sovereign |
5.71 |
7.39% TAMIL NADU SDL 10-MAY-33 |
Sovereign |
5.66 |
Money Market Instruments |
|
6.03 |
Treasury Bills |
|
1.38 |
TREPS |
|
4.65 |
Other Current Assets |
|
3.17 |
Grand Total ( Net Asset) |
|
100.00 |
% Allocation |
|
Net Current Assets |
3.18% |
0 to 3 Months |
4.65% |
| 3 to 6 Months | 18.26% |
| 6 to 12 Months | 11.36% |
| 1 -2 years | 14.13% |
| More than 2 Years | 48.43% |
| 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 / Quantitative Information as on 31.08.2023 | ^The expense ratios mentioned for the schemes includes GST on investment management fees. Please click here for disclaimers. *Kindly refer notice cum addendum no. 19 for change in Exit Load w.e.f. 21st August, 2023