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Canara Robeco Income Fund - NAV, Returns, Investment Analysis & Review 2025

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Complete analysis of Canara Robeco Income Fund - Latest NAV, returns, fund manager details, investment objective, AUM and expert review. Start investing through Allvest platform.

Investment Objective and Approach

Canara Robeco Income Fund is an open ended medium term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 4 years – 7 years. The Portfolio Macaulay duration under anticipated adverse situation is 1 year to 7 years.

The objective of the Fund is income. The fund invests in a wide range of debt and money market instruments of various maturities and risk profile. The fund will invest up to 80% in debt instruments and up to 20% in money market instruments. The fund also seeks to underwrite issuance of Government Securities.

The fund follows a medium to long duration strategy with relatively high interest rate risk and moderate credit risk. Medium to Long Duration debt funds invest mainly in bonds maturing in four to seven years. They aim to earn better returns than bank fixed deposits of a similar duration.

Key Investment Features:

- Medium to long duration debt investment approach

- Focus on government securities and high-grade corporate bonds

- Portfolio duration management between 4-7 years

- Income generation through interest payments

Fund Managers

The Canara Robeco Income Fund is managed by experienced debt market professionals. Mr. Jain is the Head – Fixed Income at Canara Robeco Asset Management Company Limited. He possesses a post-graduate Diploma in Management from IIM, Kolkata. Moreover, he has about 21 years of experience in Banking and Asset Management. He has been associated with Canara Robeco AMC Limited since 2013.

Mr. Girish Hisaria has been with Canara Robeco Asset Management Company Ltd. as a Senior Fund Manager since 2014. He holds a B.Com degree and an MMS in Finance degree from the University of Mumbai. Girish Hisaria manages an AuM of Rs. 2,355 Crore invested in 28 schemes like Canara Robeco Gilt Fund, Canara Robeco Dynamic Bond Fund, Canara Robeco Savings Fund, Canara Robeco Liquid Fund, Canara Robeco Ultra Short Term Fund, etc.

Fund Manager Credentials:

- Over 20 years of combined experience in debt markets

- Strong educational background with IIM qualification

- Proven track record in managing fixed income portfolios

- Expertise in government securities and corporate bonds

About the Fund House (AMC)

Canara Robeco Mutual Fund is India's second oldest management company. It started as CanBank Mutual Fund in 1993. In 2007, Canara Bank entered into a joint venture with Robeco group, and it was renamed as Canara Robeco Mutual Fund.

In 2007, Canbank Mutual Fund offloaded 49% of its stake to Netherlands-based investment management firm Robeco Groep N.V. for Rs. 115 Crore to form the Canara Robeco Asset Management Company Ltd. (CRAMC). Robeco Groep N.V. currently has 15 offices globally and employs more than 900 individuals. As of March 2024, it manages an AuM of Rs. 87069.50 Cr.

Canara Bank is one of India's largest bank, majority shareholding of which is owned by the Government of India. The bank has over a century of banking experience in India, 84+ million customers. Robeco group was founded in 1929 in Rotterdam, is a pure play asset manager and has an active investment style with presence in 17 countries.

AMC Highlights:

- Canara Robeco Mutual Fund manages assets worth 108671 crores as of latest data

- Joint venture between Canara Bank (51%) and Robeco Group (49%)

- Canara Robeco Mutual fund has consistently been one of the fastest growing mutual funds in India in terms of AuM

- Strong parentage with government backing and international expertise

- Its current offering includes 103 debt, 54 hybrid, 52 equity, 5 other funds

Should I Invest in Canara Robeco Income Fund?

Suitable For:

- Investors seeking regular income from debt instruments

- Those with investment horizon of 3-5 years

- Conservative investors looking for better returns than bank FDs

- Investors comfortable with moderate interest rate risk

Key Considerations:

- The risk of incurring a loss in these funds over the said time frame is low, but they may experience some degree of volatility in response to changes in interest rates

- It has an AUM of ₹121.43 Crores as of June 2025 and the latest NAV declared is ₹62.008 as on 28 Jun 2025. The scheme return performance in last 1 year is 8.12%, in last 3 years is 24.98% and 156.62% since scheme launch

- The minimum SIP amount to invest in this scheme is ₹1000

Investment Recommendation:

This fund is suitable for conservative investors seeking steady income with moderate risk. However, retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor's portfolio.

FAQs

What is today's NAV of Canara Robeco Income Fund?

The latest NAV of Canara Robeco Income Fund Direct Plan is ₹62.0083 as of 28 Jun 2025. NAV is updated daily and reflects the fund's per-unit value.

What is the AUM of Canara Robeco Income Fund?

The fund has an AUM of ₹121.43 Crores as of June 2025, indicating the total assets managed by the fund.

What is the expense ratio of Canara Robeco Income Fund?

The expense ratio varies between regular and direct plans, with direct plans typically having lower expense ratios. Check the latest factsheet for current expense ratio details.

What are the returns of Canara Robeco Income Fund since inception?

The scheme has delivered 156.62% returns since inception, with 1-year returns of 8.12% and 3-year returns of 24.98%.

What is the minimum SIP amount to invest in Canara Robeco Income Fund?

The minimum SIP amount to invest in this scheme is ₹1000 for both regular and direct plans.

How do I invest in Canara Robeco Income Fund?

You can invest in Canara Robeco Income Fund through Allvest platform by completing your KYC, selecting the fund, and choosing between lump sum or SIP investment options.

How to start a SIP in Canara Robeco Income Fund?

To start a SIP through Allvest, log in to your account, select Canara Robeco Income Fund, choose SIP option, set the monthly amount and date, then complete the mandate setup.

How do I automate an SIP in Canara Robeco Income Fund?

You can automate your SIP through Allvest by setting up an auto-debit mandate with your bank account, ensuring seamless monthly investments without manual intervention.

How can I withdraw/redeem my investment in Canara Robeco Income Fund?

You can redeem your investment through Allvest platform by submitting a redemption request. The proceeds will be credited to your registered bank account within 1-3 working days.