• Mutual Funds
  • Canara Robeco Mutual Funds
  • Canara Robeco Ultra Short Term Fund (RIDCW-W)

Formerly Canara Robeco Ultra S/T Reg Wk DR

Canara Robeco Mutual Funds

Canara Robeco Ultra Short Term Fund (RIDCW-W)

DebtUltra Short

1240.9589

NAV (Jun 20)

4.6%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in ultra short mutual funds.

Ultra short funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Rolling Returns

Poor

The performance of the fund on a Rolling Returns metric has been Poor

Invest in this fund
Scripbox Recommended Debt Funds
Want the ultra short term debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1240.9589

NAV (Jun 20)

Fund Returns

Last 1Y
6.5%
Last 3Y
5%
Last 5Y
4.8%
Last 10Y
5.9%
Since Inception
6.8%
6 Month CAGR
3.4%

Scheme Information

Investment 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.

Expense Ratio
0.95
Launched (16y ago)
Jul 11, 2008
AUM in Crores
421.609
ISIN
INF760K01DF2
Lock-in
No Lock-in
Benchmark
CRISIL Ultra Short Duration Debt TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.6
Standard Deviation (5yr)
0.5
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-2.334
Sharpe Ratio (5yr)
-1.957
YTM
7.39
Fund Managers

Suman Prasad

Fund Manager

Avnish Jain

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Canara Robeco Ultra Short Term Fund (RIDCW-W)70%8,11,972 79,3604.3%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2024-06-20

Top Debt Holdings

sundaram finance limited

5.9%
5.9%

rural electrification corporation limited

5.9%
5.9%

national housing bank

5.9%
5.9%

power finance corporation limited

5.9%
5.9%

182 Days Treasury Bill 18-07-2024

5.9%
5.9%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 4,554 cr

amc-img

About the AMC

Canara Robeco Asset Management Co. Ltd.

Canara Robeco Asset Management Co. Ltd. manages assets worth 97,531 crores and was set up on 2 March 1993. It's current offering of mutual fund schemes includes 34 equity,41 debt and 8 hybrid funds.amc-img
phone-img022-66585000
Fund NameScripbox Opinion
Till Date CAGR

20.7%

17.2%

14%

14.4%

20.5%

16.8%

20.5%

16.9%

14.1%

11.8%

Canara Robeco Ultra Short Term Fund (RIDCW-W) Review

Canara Robeco Ultra Short Term Fund (RIDCW-W) is a Ultra Short Debt fund and has delivered an annualised return of 4.7% over a period of 15 years. The fund was previously known as Canara Robeco Ultra S/T Reg Wk DR. The fund is managed by Canara Robeco Asset Management Co. Ltd.. The fund managers are Avnish Jain, Suman Prasad.

Nav of Canara Robeco Ultra Short Term Fund (RIDCW-W) as of 6/20/2024 is ₹1240.96 with the total AUM as of 6/21/2024 is ₹421.609. With Scripbox you can compare and check the latest nav for all mutual funds in India. Canara Robeco Ultra Short Term Fund (RIDCW-W) was launched on Jul 11, 2008. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Canara Robeco Ultra Short Term Fund (RIDCW-W) 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. Check your estimated returns on mutual funds by using sip calculator.

Canara Robeco Ultra Short Term Fund (RIDCW-W) 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 Ultra Short Duration Debt TR INR.

Canara Robeco Ultra Short Term Fund (RIDCW-W) is rated as a 2 fund in Debt and delivered 5.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Canara Robeco Ultra Short Term Fund (RIDCW-W).

Frequently Asked Questions

What is Canara Robeco Ultra Short Term Fund (RIDCW-W)?

Canara Robeco Ultra Short Term Fund (RIDCW-W) is a Ultra Short Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Canara Robeco Ultra Short Term Fund (RIDCW-W)?

You can invest in Canara Robeco Ultra Short Term Fund (RIDCW-W) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Canara Robeco Ultra Short Term Fund (RIDCW-W)?

The minimum sip amount for Canara Robeco Ultra Short Term Fund (RIDCW-W) is ₹1000. You can invest in multiples of ₹5000.

Is Canara Robeco Ultra Short Term Fund (RIDCW-W) good to invest in?

As per Scripbox experts, Canara Robeco Ultra Short Term Fund (RIDCW-W) is a Neutral fund. You can investCanara Robeco Ultra Short Term Fund (RIDCW-W) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Canara Robeco Ultra Short Term Fund (RIDCW-W)?

The expense ratio of the Canara Robeco Ultra Short Term Fund (RIDCW-W) is 0.95% for regular plan.