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 January 31, 2024)
| 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* | Nil |
| EXPENSE RATIO^: |
Regular Plan : 1.03% Direct Plan : 0.38% |
| Monthend AUM# | ₹ 152.63 Crores |
| Monthly AVG AUM | ₹ 157.36 Crores |
| (as on January 31, 2024) | (₹) |
| Direct Plan - Growth Option | 20.7812 |
| Regular Plan - Growth Option | 19.5719 |
| Regular Plan - IDCW (payout/reinvestment) | 11.2621 |
| Direct Plan - IDCW (payout/reinvestment) | 11.9493 |
| Annualised Portfolio YTM | 7.69% |
| Modified Duration | 2.07 Years |
| Residual Maturity | 3.27 Years |
| Macaulay Duration | 2.22 Years |
Name of the Instruments |
Rating |
% to NAV |
Debt Instruments |
|
75.26 |
REC Ltd |
AAA(CRISIL) |
9.77 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
6.58 |
Bajaj Finance Ltd |
AAA(CRISIL) |
6.55 |
National Bank For Agriculture & Rural Development |
AAA(CRISIL) |
6.54 |
HDFC Bank Ltd |
AAA(CRISIL) |
6.54 |
Small Industries Development Bank Of India |
AAA(CRISIL) |
6.53 |
LIC Housing Finance Ltd |
AAA(CRISIL) |
6.52 |
Grasim industries Ltd |
AAA(CRISIL) |
6.52 |
National Housing Bank |
AAA(CRISIL) |
6.50 |
Indian Railway Finance Corporation Ltd |
AAA(CRISIL) |
3.38 |
NTPC Ltd |
AAA(CRISIL) |
3.30 |
Titan Co Ltd |
AAA(CRISIL) |
3.27 |
HDB Financial Services Ltd |
AAA(CARE) |
3.26 |
Government Securities |
|
16.34 |
GOI FRB 2034 (30-OCT-2034) |
Sovereign |
6.50 |
7.17% GOI 2030 (17-APR-2030) |
Sovereign |
3.28 |
7.10% GOI 2029 (18-APR-2029) |
Sovereign |
3.28 |
7.18% GOI 2033 (14-AUG-2033) |
Sovereign |
3.28 |
Alternative Investment Fund |
|
0.32 |
Corporate Debt Market Development Fund Class A2 |
|
0.32 |
Money Market Instruments |
|
6.89 |
Treasury Bills |
|
3.17 |
TREPS |
|
3.72 |
Other Current Assets |
|
1.19 |
Grand Total ( Net Asset) |
|
100.00 |
% Allocation |
|
Net Current Assets/ CDMDF |
1.50% |
0 to 3 Months |
11.90% |
| 3 to 6 Months | 6.54% |
| 6 to 12 Months | 14.56% |
| 1 -2 years | 6.53% |
| Greater than 2 Years | 58.97% |
| 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 31.1.2024 | ^The expense ratios mentioned for the schemes includes GST on investment management fees. Please click here for disclaimers.