Investment Objective and Approach

The investment objective of the Canara Robeco Ultra Short Term Fund is to generate returns that are higher than liquid funds but with a lower risk profile. The fund will invest in a portfolio of debt and money market instruments with an average maturity of up to 3 years.

The scheme seeks to generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile. Ultra-short duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

The fund follows a conservative investment strategy focused on maintaining stability while offering better yields than liquid funds. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years.

Fund Managers

The fund is currently managed by two experienced professionals:

Avnish Jain - Head of Fixed Income:

Avnish Prakash Jain is the Head – Fixed Income of our Company. He has been associated with our Company since September 16, 2013. He holds a bachelor's degree in technology (mechanical engineering) from Indian Institute of Technology, Kharagpur and has completed post-graduate diploma in management from Indian Institute of Management, Kolkata. He has over 27 years of experience. Prior to joining our Company, he was associated with ICICI Prudential Asset Management Company Limited, Deutsche Asset Management (India) Private Limited, Misys Software Solutions (India) Limited, Yes Bank Limited, Reliance Industries Limited and ICICI Bank Limited.

Girish Hisaria - Fund Manager:

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. Prior to joining Canara Robeco AMC, he has worked as Vice President - JM Financial Mutual Fund ( May 2006-August 2014), as Senior Associate - Fixed Income Research - Darashaw Securities Pvt. Ltd. ( May 2004-May 2006) and as Research Analyst - Sahara Indian Financial Corp.

About the Fund House (AMC)

Canara Robeco Mutual Fund has a rich legacy in the Indian asset management industry. We at Canara Robeco, are India's second oldest asset manager, in existence since 1993, when we were known as Canbank Mutual Fund. In 2007, Canara Bank partnered with Robeco group by way of a joint venture and the mutual fund was renamed as Canara Robeco Mutual Fund.

This brings together, Canara Bank's extensive experience in the Indian market along with Robeco group's global asset management experience. The fund house offers comprehensive investment solutions across equity, debt, and hybrid fund categories to cater to diverse investor needs.

Key Company Details:

- AUM ₹111,052.45 Cr.

- No. of Schemes 94

- It counts Canara Bank and Robeco Groep N.V. as the sponsors.

Should I Invest in Canara Robeco Ultra Short Term Fund?

This fund may be suitable for investors who:

- Seek marginally higher returns than liquid funds with slightly higher risk tolerance

- Want to park emergency funds or short-term surpluses for 6 months to 1.5 years

- Prefer debt investments with low to moderate risk profile

- Need high liquidity with better returns than traditional savings options

But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.

Consider your investment horizon, risk appetite, and financial goals before investing. The fund's conservative approach makes it suitable for risk-averse investors looking for stable returns from debt instruments.

FAQs

What is today's NAV of Canara Robeco Ultra Short Term Fund?

The NAV changes daily based on market conditions. You can check the current NAV on Allvest or the official fund website for real-time updates.

What is the AUM of Canara Robeco Ultra Short Term Fund?

The AUM of Canara Robeco Ultra Short Term Fund, is ₹718.13 crore.

What is the expense ratio of Canara Robeco Ultra Short Term Fund?

The expense ratio of Canara Robeco Ultra Short Term Fund is 0.34% for the direct plan, making it cost-effective for investors.

What are the returns of Canara Robeco Ultra Short Term Fund since inception?

The fund has delivered a CAGR of 6.94 since inception. The fund was launched on January 1, 2013.

What is the minimum SIP amount to invest in Canara Robeco Ultra Short Term Fund?

The minimum SIP for Canara Robeco Ultra Short Term Fund is ₹500.

How do I invest in Canara Robeco Ultra Short Term Fund?

You can invest through Allvest's platform by selecting the fund, choosing SIP or lump sum option, and completing the investment process online with convenient payment methods.

How to start a SIP in Canara Robeco Ultra Short Term Fund?

Through Allvest, select the fund, choose SIP option, enter your desired amount and date, and set up payment method to start your systematic investment plan.

How do I automate an SIP in Canara Robeco Ultra Short Term Fund?

Set up auto-pay through UPI or bank mandate on Allvest platform to ensure seamless monthly deductions for your SIP without manual intervention.

How can I withdraw/redeem my investment in Canara Robeco Ultra Short Term Fund?

You can redeem your investment anytime through Allvest platform as the fund has no lock-in period. Redemption requests are processed within standard timelines.