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 July 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 : 0.38% |
| Monthend AUM# | ₹ 179.34 Crores |
| Monthly AVG AUM | ₹ 181.19 Crores |
| (as on July 31, 2023) | (₹) |
| Direct Plan - Growth Option | 20.1297 |
| Regular Plan - Growth Option | 19.0217 |
| Regular Plan - IDCW (payout/reinvestment) | 11.5169 |
| Direct Plan - IDCW (payout/reinvestment) | 12.1851 |
| Annualised Portfolio YTM | 7.37% |
| Modified Duration | 2.67 Years |
| Residual Maturity | 3.59 Years |
| Macaulay Duration | 2.91 Years |
Name of the Instruments |
Rating |
% to NAV |
Debt Instruments |
|
72.50 |
HDFC Bank Ltd |
AAA(CRISIL) |
8.40 |
REC Ltd |
AAA(CRISIL) |
8.37 |
Small Industries Development Bank Of India |
AAA(ICRA) |
8.28 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
5.62 |
National Bank For Agriculture & Rural Development |
AAA(CRISIL) |
5.59 |
Grasim industries Ltd |
AAA(CRISIL) |
5.59 |
LIC Housing Finance Ltd |
AAA(CRISIL) |
5.57 |
National Housing Bank |
AAA(CRISIL) |
5.55 |
Bajaj Finance Ltd |
AAA(CRISIL) |
5.52 |
Indian Railway Finance Corporation Ltd |
AAA(CRISIL) |
2.90 |
LIC Housing Finance Ltd |
AAA(CRISIL) |
2.79 |
Grasim Industries Ltd |
AAA(CRISIL) |
2.79 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
2.77 |
Sundaram Finance Ltd |
AAA(CRISIL) |
2.76 |
Government Securities |
|
19.55 |
7.26% GOI 2033 (06-FEB-2033) |
Sovereign |
11.22 |
7.39% TAMIL NADU SDL 10-MAY-33 |
Sovereign |
5.55 |
7.10% GOI 2029 (18-APR-2029) |
Sovereign |
2.78 |
Money Market Instruments |
|
4.94 |
Treasury Bills |
|
1.35 |
TREPS |
|
3.59 |
Other Current Assets |
|
3.01 |
Grand Total ( Net Asset) |
|
100.00 |
% Allocation |
|
Net Current Assets |
3.00% |
0 to 3 Months |
3.59% |
| 3 to 6 Months | 11.04% |
| 6 to 12 Months | 18.04% |
| 1 -2 years | 13.89% |
| More than 2 Years | 50.44% |
| 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 31.7.2023 | ^The expense ratios mentioned for the schemes includes GST on investment management fees. Please click here for disclaimers. **Please refer notice cum addendum no.10 dated June 06, 2023 for change in
riskometer for CRCBF