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 May 31, 2023)
| 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 Debt B-I 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: 0.60% Direct Plan : 0.30% |
| Monthend AUM# | ₹ 943.20 Crores |
| Monthly AVG AUM | ₹ 929.14 Crores |
| (as on May 31, 2023) | (₹) |
| Regular Plan - Daily IDCW (reinvestment) | 10.2600 |
| Direct Plan - Daily IDCW (reinvestment) | 10.2600 |
| Direct Plan - Growth Option | 37.1290 |
| Regular Plan - Growth Option | 36.3510 |
| Regular Plan - IDCW (payout/reinvestment) | 32.5617 |
| Direct Plan - IDCW (payout/reinvestment) | 33.2056 |
| Direct Plan - Monthly IDCW (payout/reinvestment) | 10.2600 |
| Regular Plan - Monthly IDCW (payout/reinvestment) | 10.2600 |
| Regular Plan - Weekly IDCW (payout/reinvestment) | 10.2600 |
| Direct Plan - Weekly IDCW (payout/reinvestment) | 10.2600 |
| Annualised Portfolio YTM | 7.29% |
| Modified Duration | 0.82 Years |
| Residual Maturity | 1.39 Years |
| Macaulay Duration | 0.92 Years |
Name of the Instruments |
Rating |
% to NAV |
Money Market Instruments |
20.62 |
|
HDFC Bank Ltd |
A1+(CARE) |
5.10 |
Export-Import Bank Of India |
A1+(CRISIL) |
2.61 |
Axis Bank Ltd |
A1+(CRISIL) |
2.60 |
Kotak Mahindra Bank Ltd |
A1+(CRISIL) |
2.60 |
Kotak Mahindra Bank Ltd |
A1+(CRISIL) |
2.60 |
Small Industries Development Bank of India |
A1+(CARE) |
2.60 |
Axis Bank Ltd |
A1+(CRISIL) |
2.51 |
Debt Instruments |
54.07 |
|
Housing & Urban Development Corporation Ltd |
AAA(ICRA) |
7.80 |
Housing Development Finance Corporation Ltd |
AAA(CRISIL) |
7.44 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
5.30 |
National Bank For Agriculture & Rural Development |
AAA(ICRA) |
5.23 |
HDB Financial Services Ltd |
AAA(CRISIL) |
5.16 |
Kotak Mahindra Prime Ltd |
AAA(CRISIL) |
2.66 |
HDB Financial Services Ltd |
AAA(CARE) |
2.65 |
L&T Finance Ltd |
AAA(CRISIL) |
2.65 |
Bajaj Housing Finance Ltd |
AAA(CRISIL) |
2.63 |
Bajaj Housing Finance Ltd |
AAA(CRISIL) |
2.62 |
National Bank For Agriculture & Rural Development |
AAA(ICRA) |
2.62 |
Small Industries Development Bank Of India |
AAA(CARE) |
2.61 |
Small Industries Development Bank Of India |
AAA(CARE) |
2.57 |
Bajaj Housing Finance Ltd |
AAA(CRISIL) |
1.59 |
Bajaj Finance Ltd |
AAA(CRISIL) |
0.54 |
Government Securities |
9.15 |
|
GOI FRB 2033 (22-SEP-2033) |
Sovereign |
4.77 |
0.00% GOI 19-SEP-26 |
Sovereign |
3.84 |
7.38% GOI 2027 (20-JUN-2027) |
Sovereign |
0.54 |
TREPS |
10.10 |
|
Treasury Bills |
2.62 |
|
Other Current Assets |
3.45 |
|
Grand Total ( Net Asset) |
100.00 |
% Allocation |
|
Net Current Assets |
3.45% |
0 to 3 Months |
15.33% |
3 to 6 Months |
13.06% |
| 6 to 12 Months | 28.48% |
| 1 -2 years | 23.12% |
| More Than 2 Years | 16.56% |
| 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 31.05.2023 | ^The expense ratios mentioned for the schemes includes GST on investment management fees. Please click here for disclaimers. *Please refer notice cum addendum no. 05 dated April 25, 2023 on Change in Benchmark of Open Ended Debt Schemes of Canara Robeco Mutual Fund (CRMF)