Canara Robeco Liquid Direct Plan Growth

About Canara Robeco Liquid Fund - Direct Plan - Growth

The main intention of Canara Robeco Liquid Fund is to provide liquidity and safety of investment for the investors. This is made possible by investing in high-quality fixed-income securities.

Pros and Cons of Canara Robeco Liquid Fund - Direct Plan - Growth

The main advantage of investing in Canara Robeco Liquid Fund is that you get exposure to a diversified portfolio which is constituted by the inclusion of several high-rated debt and money market instruments. This fund is suitable for those investors that are not willing to take any risk. The risk level of this fund is very low. On the flip side, the returns offered by this fund is not comparable with that of equity funds.

Fund Information and Statistics

i) Inception/Launch Date

Canara Robeco Liquid Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

Canara Robeco Liquid Fund has been categorised under the ‘low risk’ mutual funds by Canara Robeco Mutual Fund. Hence, it is suitable for risk-averse investors.

iii) Redemption

Since Canara Robeco Liquid Fund - Direct Plan - Growth is an open-ended mutual fund scheme; you can place your redemption requests any time. However, you have to factor the applicable charges as exit load when deciding to redeem your holdings in the fund.

iv) Fund Manager

Mr Girish Hisaria and Mrs Suman Prasad are the current fund managers of the Canara Robeco Liquid Fund.

v) Entry/Exit Load

There is no entry load as per the norms set by the Indian market regulator. An exit load would be charged as follows: Redemption within one day: 0.0070% Redemption within two days: 0.0065% Redemption within three days: 0.0060% Redemption within four days: 0.0055% Redemption within five days: 0.0050% Redemption within six days: 0.0045% Redemption after the seventh day: Nil

About Canara Robeco Mutual Fund

Canara Robeco Mutual Fund, with assets under management amounting to Rs 17,933.22 crore as of March 2020, is a leading fund house in India. It is one of the pioneers in the mutual fund industry in the country. ORIX Corporation Europe N. V. and Canara Bank are the sponsors of the Canara fund house, and it registered with the Securities and Exchange Board of India (SEBI) in 1993.