Formerly Canara Robeco Savings Plus Reg Mn DR
₹ 10.2657
NAV (Mar 03)
Top Ranked
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
11 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
1,569 Cr. Medium within the category
Impact of Interest Rate Changes
Low Interest Rate Risk. The impact on fund value is quite low when interest rates change
Credit Quality Of Fund's Portfolio
Low Credit Risk. The fund has a high credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
No single fund can achieve what a plan can. Learn why
Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Low to Moderate Risk
0.55 %
Expense Ratio
Dec 03, 2010
Launched (11y ago)
₹ 1,569
AUM in Crores
INF760K01AN2
ISIN
No Lock-in
Lock-in
Crisil Low Duration Debt Index TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
Recommended
Top Ranked
17 Years
Age
Track Record
Liquid
Recommended
Top Ranked
17 Years
Age
Track Record
Ultra Short
Recommended
Top Ranked
22 Years
Age
Track Record
Liquid
Recommended
Top Ranked
18 Years
Age
Track Record
Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
About the AMC
Canara Robeco Asset Management Co. Ltd.
Canara Robeco Asset Management Co. Ltd. manages assets worth 27,167 crores and was set up on 2 March 1993. It's current offering of mutual fund schemes includes 22 equity,41 debt and 8 hybrid funds.
Liquid
Top Ranked
₹ 1,517 Cr
Fund Size
5.6%
3Y returns
Diversified
Top Ranked
₹ 7,203 Cr
Fund Size
12.7%
3Y returns
Diversified
Top Ranked
₹ 3,120 Cr
Fund Size
15.5%
3Y returns
Large Cap
Top Ranked
₹ 1,505 Cr
Fund Size
17.2%
3Y returns
Tax Saving
Top Ranked
₹ 1,534 Cr
Fund Size
18.3%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
Choose a plan to invest to start investing
Create an account with Scripbox through a paperless process, to invest in this fund
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track, invest more and withdraw your investments through the Scripbox dashboard
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
We will track our recommendations and suggest changes & fund exists whenever required.
Our customer champions are available 7 days a week from 8AM to 8PM.
We review your investments and make course corrections every year to make the best out of your investments
Canara Robeco Savings Fund (DR-M) is a low duration debt fund and has delivered an annualised return of 6.4% over a period of 11 years .The fund was previously known as Canara Robeco Savings Plus Reg Mn DR.The fund is managed by Canara Robeco Asset Management Co. Ltd..The fund managers are Girish Hisaria, Suman Prasad
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. However, there is no assurance that the objective of the scheme will be realized.
The Canara Robeco Savings Fund (DR-M) fund was launched on Dec 03, 2010. The NAV (Net Asset Value) of this low duration debt as of 2021-03-03 is ₹ 10.2657. The total AUM (Asset Under Management) of the fund as of 2021-03-04 is ₹ 1568.863. The category risk of the Canara Robeco Savings Fund (DR-M) fund is Low to Moderate Risk. The fund charges 0.55 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 64.4% in this asset class. The top three holdings of the fund are 364 dtb 29072021,05.54 mp sdl 2021 and lic housing finance limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Crisil Low Duration Debt Index TR INR.
Canara Robeco Savings Fund (DR-M) has a score of 4 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Canara Robeco Savings Fund (DR-M) has a score of 3 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.