Canara Robeco Savings Fund Direct Plan Growth Option
Min amount: ₹1,000
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|Risk||Low to Moderate Risk|
|Fund Type||Low Duration|
More about this fund
|364 DTB 05052022||31.41%|
|Axis Bank Limited||5.08%|
|05.54 MP SDL 2021||4.48%|
|6.84% Govt Stock 2022||4.27%|
|8.08% Govt Stock 2022||3.57%|
|LIC Housing Finance Limited||3.37%|
|Small Industries Development Bank Of India||3.34%|
|Rural Electrification Corporation Limited||2.13%|
|Power Finance Corporation Limited||2.12%|
About Canara Robeco Savings Fund - Direct Plan - Growth Canara Robeco Savings is a debt-oriented fund which invests in debt and money market securities such that the portfolio’s Macaulay duration is between six to twelve months.
Pros and Cons of Canara Robeco Savings Fund - Direct Plan - Growth The main advantage of investing in this fund is that you get safety, liquidity and regular returns as the fund managers strive for the same. Those investors looking forward to having a regular source of income may consider investing in this fund. On the flip side, the returns may be curtailed as the equity exposure is minimal to nil.
Fund Information and Statistics i) Inception/Launch Date Canara Robeco Savings Fund was launched on 2 January 2013.
ii) Risk Level The risk possessed by this fund is moderately low as the fund’s portfolio consists of debt and money market securities.
iii) Redemption There is no entry load in order to comply with the directions of the Indian market regulator. This fund does not have exit load charges as well.
iv) Fund Manager Ms Suman Prasad and Mr Girish Hisaria are the current fund managers of Canara Robeco Savings Fund.
v) Entry/Exit Load There is no entry load as per the regulations of the Securities and Exchange Board of India (SEBI). This fund does not have an exit load as well.
About Canada Robeco Mutual Fund Canara Robeco Mutual Fund is one of the first few fund houses in India. It is a joint venture between Canara Bank and Robeco Group. The fund house was set up in 1987 and registered with the Securities and Exchange Board of India (SEBI) in March 1993. ORIX Corporation Europe N. V. (Robeco Groep N. V.) and Canara bank are the sponsors of Canara Robeco Mutual Fund.
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Min amount: ₹1,000
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns