CANARA ROBECO SHORT DURATION FUND (CRSDF)

Short Duration Fund - An open ended short term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years. A moderate interest rate risk and moderate credit risk.
(as on July 31, 2023)


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 25 April, 2011
BENCHMARK CRISIL Short Duration Debt B-II Index
FUND MANAGER 1) Ms. Suman Prasad
2) Mr. Avnish Jain
TOTAL EXPERIENCE 1) 24 Years
2) 27 Years
MANAGING THIS FUND 1) Since 16-Sep-12
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 - Monthly Payout of Income Distribution cum Capital Withdrawal Option
Regular Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option
Regular Plan - Quarterly Payout of Income Distribution cum Capital Withdrawal Option
Regular Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal Option
Regular Plan - Growth 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 - Quarterly Payout of Income Distribution cum Capital Withdrawal Option
Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal Option
Direct Plan - Growth Option
ENTRY LOAD Nil
EXIT LOAD Nil
EXPENSE RATIO^:
Regular Plan : 1.03%
Direct Plan : 0.40%

Monthend AUM#
₹ 481.90 Crores
Monthly AVG AUM
₹ 500.23 Crores

(as on July 31, 2023) (₹)
Direct Plan - Growth Option
23.9443
Regular Plan - Growth Option
22.2060
Direct Plan - Monthly IDCW (payout/reinvestment)
16.9469
Regular Plan - Monthly IDCW (payout/reinvestment)
15.0246
Regular Plan - Quarterly IDCW (payout/reinvestment)
14.8689
Direct Plan - Quarterly IDCW (payout/reinvestment) 16.3537

Annualised Portfolio YTM
7.31%
Modified Duration
1.86 Years
Residual Maturity
2.33 Years
Macaulay Duration
2.03 Years

Name of the Instruments

RATING

% to NAV

Debt Instruments

 

55.88

REC Ltd

AAA(CRISIL)

5.24

Power Grid Corporation of India Ltd

AAA(CRISIL)

5.23

Small Industries Development Bank Of India

AAA(CARE)

5.20

HDFC Bank Ltd

AAA(CRISIL)

5.20

National Bank For Agriculture & Rural Development

AAA(CRISIL)

5.18

Grasim industries Ltd

AAA(CRISIL)

5.18

Kotak Mahindra Prime Ltd

AAA(CRISIL)

5.14

Bajaj Housing Finance Ltd

AAA(CRISIL)

5.14

Bajaj Finance Ltd

AAA(CRISIL)

5.09

Power Finance Corporation Ltd

AAA(CRISIL)

4.13

HDB Financial Services Ltd

AAA(CRISIL)

3.08

Power Finance Corporation Ltd

AAA(CRISIL)

2.07

Government  Securities

 

23.94

7.26% GOI 2033 (06-FEB-2033)

Sovereign

7.31

7.38% GOI 2027 (20-JUN-2027)

Sovereign

5.23

7.06% GOI 2028 (10-APR-2028)

Sovereign

5.17

5.63% GOI 2026 (12-APR-2026)

Sovereign

3.00

7.89% MAHARASHTRA SDL 08-JUN-32

Sovereign

2.13

7.58% TAMIL NADU SDL 24-AUG-26

Sovereign

1.04

7.86% KARNATAKA SDL 15-MAR-27

Sovereign

0.06

Money Market Instruments

 

17.05

Kotak Mahindra Bank Ltd

A1+(CRISIL)

5.15

Reliance Jio Infocomm Ltd

A1+(CARE)

5.13

Axis Bank Ltd

A1+(CRISIL)

4.99

Treasury Bills

 

0.50

TREPS

 

1.28

Other Current Assets

 

3.13

Grand Total ( Net Asset)

 

100.00

Canara Robeco Short Duration Fund is suitable for investors having short to medium term investment horizon with low volatility. The fund aim to generates income predominantly from accrual yields on high quality Money Market Instruments, while an active trading strategy is followed for generating Alpha.

% Allocation
Net Current Assets
3.12%
0 to 3 Months
11.56%
3 to 6 Months
8.22%
6 to 12 Months
21.07%
1 -2 years
16..54%
Greater Than 2 Years
39.50%

This product is suitable for investors who are seeking*:
  • Income / capital appreciation over short term
  • Investment in debt & money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years
*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 31.07.2023 | ^The expense ratios mentioned for the schemes includes GST on investment management fees. Please click here for disclaimers. **Please refer notice cum addendum no.18 dated July 07, 2023 for change in riskometer for CRSDF