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 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 | September 16, 2003 |
| BENCHMARK | CRISIL Ultra Short Duration Debt B-I 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 |
| 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 : 0.40% |
| Monthend AUM# | ₹ 581.35 Crores |
| Monthly AVG AUM | ₹ 613.49 Crores |
| (as on July 31, 2023) | (₹) |
| Direct Plan - Daily IDCW (reinvestment) | 1,240.7100 |
| Direct Plan - Growth Option | 3,526.4107 |
| Direct Plan - IDCW (payout/reinvestment) | 2,018.4721 |
| Direct Plan - Monthly IDCW (payout/reinvestment) | 1,002.3779 |
| Regular Plan - IDCW (payout) | 1,376.4480 |
| Regular Plan - Daily IDCW (reinvestment) | 1,240.7100 |
| Regular Plan - Growth Option | 3,350.5090 |
| Regular Plan - Monthly IDCW (payout/reinvestment) | 1,002.3034 |
| Regular Plan - Weekly IDCW (payout/reinvestment) | 1,241.6285 |
| Direct Plan - Weekly IDCW (payout/reinvestment) | 1,241.7201 |
| Annualised Portfolio YTM | 7.05% |
| Modified Duration | 0.38 Years |
| Residual Maturity | 0.41 Years |
| Macaulay Duration | 0.41 Years |
Name of the Instruments |
Rating |
% to NAV |
Debt Instruments |
|
34.22 |
Bajaj Finance Ltd |
AAA(CRISIL) |
4.30 |
Reliance Industries Ltd |
AAA(CRISIL) |
4.30 |
Larsen & Toubro Ltd |
AAA(CRISIL) |
4.30 |
LIC Housing Finance Ltd |
AAA(CRISIL) |
4.29 |
Small Industries Development Bank Of India |
AAA(ICRA) |
4.27 |
Bajaj Housing Finance Ltd |
AAA(CRISIL) |
4.26 |
Sundaram Finance Ltd |
AAA(CRISIL) |
4.25 |
Indian Oil Corporation Ltd |
AAA(CRISIL) |
4.25 |
Money Market Instruments |
|
64.88 |
Reliance Retail Ventures Ltd |
A1+(CRISIL) |
4.29 |
HDFC Bank Ltd |
A1+(CRISIL) |
4.28 |
National Bank For Agriculture & Rural Development |
A1+(ICRA) |
4.28 |
Small Industries Development Bank Of India |
A1+(CARE) |
4.27 |
Axis Bank Ltd |
A1+(CRISIL) |
4.21 |
Bank of Baroda |
A1+(IND) |
4.21 |
ICICI Bank Ltd |
A1+(ICRA) |
4.21 |
HDFC Bank Ltd |
A1+(CARE) |
4.19 |
Kotak Mahindra Bank Ltd |
A1+(CRISIL) |
4.14 |
Mahindra & Mahindra Financial Services Ltd |
A1+(CRISIL) |
4.08 |
Treasury Bills |
|
16.95 |
TREPS |
|
5.77 |
Other Current Assets |
|
0.90 |
Grand Total ( Net Asset) |
|
100.00 |
% Allocation |
|
Net Current Assets |
0.88% |
0 to 3 Months |
39.96% |
| 3 to 6 Months | 29.60% |
| 6 to 12 Months | 20.99% |
| 1 to 2 Years | 8.57% |
| 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 31.07.2023 | ^The expense ratios mentioned for the schemes includes GST on investment management fees. Please click here for disclaimers