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CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment)
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 58/100 · Average
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)7.25%
- Expense ratio (20%)0.21%
- AUM (15%)₹1,111 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Canara Robeco Mutual Fund · Debt · Low Duration
₹46.72
AUM: ₹1,110 Cr
NAV updated 15 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.21%
Exit Load
Nil
Fund Manager
Suman Prasad, Girish Hisaria
Inception
Jan 2013
Benchmark
CRISIL Low Duration Debt A-I Index
Sharpe Ratio
-3.16
Std Dev (1Y)
1.98%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.51%
3m
+1.94%
6m
+3.43%
1y
+6.42%
3y
+7.25%
5y
+6.42%
10y
+6.61%
since inception
+0.02%
TopFund's Take on CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment)
CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment) sits in the middle of the pack for Low Duration funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 58/100.
Cost: At 0.21%, the expense ratio is meaningfully cheaper — about 13% below the Low Duration category average of 0.24% (based on 51 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -3.16 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.98% is on the lower side for a Low Duration fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment)
The current NAV (Net Asset Value) of CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment) is ₹46.72. NAV is updated every business day after market close by AMFI.
1Y: 6.42% · 3Y CAGR: 7.25% · 5Y CAGR: 6.42%
The expense ratio of CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment) is 0.21% per annum. This is the annual fee charged by the fund to manage your investment.
CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment) is managed by Suman Prasad, Girish Hisaria at Canara Robeco Mutual Fund.
CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment) is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment) is a Low Duration fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment) with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - MONTHLY IDCW (Payout/Reinvestment) is ₹1,111 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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