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 January 31, 2024)
| 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 2) Since 01-April-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 | ₹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 : 0.43% |
| Monthend AUM# | ₹ 487.15 Crores |
| Monthly AVG AUM | ₹ 473.54 Crores |
| (as on January 31, 2024) | (₹) |
| Direct Plan - Daily IDCW (reinvestment) | 1,240.6974 |
| Direct Plan - Growth Option | 3,643.3617 |
| Direct Plan - IDCW (payout/reinvestment) | 2,085.3018 |
| Direct Plan - Monthly IDCW (payout/reinvestment) | 1,000.0000 |
| Regular Plan - IDCW (payout) | 1,418.4254 |
| Regular Plan - Daily IDCW (reinvestment) | 1,240.6801 |
| Regular Plan - Growth Option | 3,452.6917 |
| Regular Plan - Monthly IDCW (payout/reinvestment) | 1,000.0001 |
| Regular Plan - Weekly IDCW (payout/reinvestment) | 1,240.7100 |
| Direct Plan - Weekly IDCW (payout/reinvestment) | 1,240.7100 |
| Annualised Portfolio YTM | 7.64% |
| Modified Duration | 0.37 Years |
| Residual Maturity | 0.39 Years |
| Macaulay Duration | 0.40 Years |
Name of the Instruments |
Rating |
% to NAV |
Debt Instruments |
|
36.53 |
National Bank For Agriculture & Rural Development |
AAA(CRISIL) |
6.08 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
5.13 |
Power Grid Corporation of India Ltd |
AAA(CRISIL) |
5.11 |
Small Industries Development Bank Of India |
AAA(ICRA) |
5.08 |
HDB Financial Services Ltd |
AAA(CRISIL) |
5.08 |
Kotak Mahindra Prime Ltd |
AAA(CRISIL) |
5.03 |
LIC Housing Finance Ltd |
AAA(CRISIL) |
5.02 |
Alternative Investment Fund |
|
0.32 |
Corporate Debt Market Development Fund Class A2 |
|
0.32 |
Money Market Instruments |
|
62.28 |
Kotak Mahindra Bank Ltd |
A1+(CRISIL) |
5.12 |
Punjab National Bank |
A1+(CRISIL) |
5.10 |
State Bank Of India |
A1+(IND) |
5.09 |
Axis Bank Ltd |
A1+(CRISIL) |
5.09 |
Export-Import Bank Of India |
A1+(CRISIL) |
5.09 |
Mahindra & Mahindra Financial Services Ltd |
A1+(CRISIL) |
5.05 |
Bank of Baroda |
A1+(IND) |
5.02 |
ICICI Bank Ltd |
A1+(ICRA) |
4.88 |
HDFC Bank Ltd |
A1+(CARE) |
4.81 |
Treasury Bills |
|
11.09 |
TREPS |
|
5.94 |
Other Current Assets |
|
0.87 |
Grand Total ( Net Asset) |
|
100.00 |
% Allocation |
|
Net Current Assets/ CDMDF |
1.19% |
0 to 3 Months |
41.56% |
| 3 to 6 Months | 31.46% |
| 6 to 12 Months | 20.72% |
| 1 to 2 Years | 5.08% |
| 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