Investment Objective and Approach

The Scheme seeks to generate income/capital appreciation by investing in a portfolio comprising of low duration debt instruments and money market instruments. Canara Robeco Savings Fund is mandated to invest in bonds such that the duration of the portfolio is between six to twelve months, and therefore it is suitable to invest in for a similar time frame.

Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.

Key Investment Features:

- As of 31-Mar-2025, the fund had invested 95.61% in Debt and 4.39% in Cash & Cash Eq.

- The fund is rated Low to Moderate risk

- There is no lock in period

Financial Performance (as of April 2025):

- Return performance in last 1 year is 8.07%, in last 3 years is 22.53% and 138.04% since scheme launch

- It has delivered 7.33% returns since inception

- The fund is 20 years 1 months old

Fund Managers

Ms. Suman Prasad manages the fund along with other schemes like Canara Robeco Short Duration Fund, Canara Robeco Liquid Fund, and Canara Robeco Ultra Short Term Fund. She manages an AuM of Rs. 5,152 Crore invested in 30 schemes and has a MBA in Finance degree from the SDM Institute for Management Development.

Mr. Girish Hisaria also co-manages the fund as a Senior Fund Manager since 2014. He manages an AuM of Rs. 2,355 Crore invested in 28 schemes like Canara Robeco Gilt Fund, Canara Robeco Dynamic Bond Fund, Canara Robeco Liquid Fund. He holds a B.Com degree and an MMS in Finance degree from the University of Mumbai.

About the Fund House (AMC)

Canara Robeco Mutual Fund was launched in 1993 as Canbank Mutual Fund and is India's second oldest asset manager. Canara Bank entered into a joint venture with the Robeco Group (a part of ORIX Corporation, Japan) and the mutual fund was renamed as the 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).

Key Highlights:

- It is the second oldest mutual fund in India

- Total AUM of ₹111,052.45 Cr with 94 schemes

- The AMC has 22 branches throughout India

- The company offers a wide range of investment options like hybrid and monthly income funds, numerous debt and treasury funds, and thematic and diversified equity schemes

Should I Invest in Canara Robeco Savings Fund?

This fund is suitable for investors seeking:

Ideal For:

- Short-term investment horizon of 6 months to 1 year

- Low to moderate risk appetite

- Regular income from surplus funds

- Alternative to bank fixed deposits with potentially better returns

- Emergency fund parking with better liquidity than traditional FDs

Investment Details:

- Minimum SIP Investment is ₹1,000 and Minimum Lumpsum Investment is ₹5,000

- The expense ratio is 0.63%

- The AUM is ₹992 Cr as of 31-Mar-2025

Risk Considerations:

- Interest rate risk due to debt exposure

- Credit risk from underlying securities

- Not suitable for long-term wealth creation goals

- Returns may vary with market conditions

FAQs

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

The latest NAV varies for different plan options. You can check the current NAV on the Allvest platform or the fund house website for real-time updates.

What is the AUM of Canara Robeco Savings Fund?

The AUM is ₹992 Cr as of 31-Mar-2025.

What is the expense ratio of Canara Robeco Savings Fund?

The expense ratio is 0.63 for the regular plan.

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

It has delivered 7.33% returns since inception.

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

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

How do I invest in Canara Robeco Savings Fund?

You can invest through the Allvest platform by completing your KYC, selecting the fund, choosing investment amount and mode (SIP/lumpsum), and making payment online.

How to start a SIP in Canara Robeco Savings Fund?

Register on Allvest, complete KYC verification, select the fund, choose SIP option, set amount and frequency, provide bank mandate, and authorize the investment.

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

Set up auto-debit mandate during SIP registration on Allvest platform, which will automatically deduct the SIP amount from your linked bank account on scheduled dates.

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

Login to your Allvest account, select the fund units, choose partial or full redemption, and submit the request. Funds are typically credited to your bank account within 1-2 working days.