Canara Robeco Overnight Fund - Direct (IDCW-D) RI


Overnight Fund
  • NAV 1001.00 (0%)
  • Fund Size (Cr) ₹142.38
  • Expense Ratio 0.1
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment -
  • Minimum Withdrawal ₹1000
  • Exit Load 0%
  • Return Since Launch 4.71%

Basic Details

Scheme Manager
Suman Prasad
Bench Mark
CRISIL Liquid Overnight Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 10-May-24
  • 10011.24
  • 0.11%
  • -
  • 0.10%
  • 226/276
  • 1 Month
  • 17-Apr-24
  • 10048.34
  • 0.48%
  • -
  • 0.47%
  • 218/276
  • 3 Month
  • 17-Feb-24
  • 10146.42
  • 1.46%
  • -
  • 1.44%
  • 221/276
  • 6 Month
  • 17-Nov-23
  • 10300.61
  • 3.01%
  • -
  • 3.00%
  • 222/272
  • 1 Year
  • 17-May-23
  • 10622.56
  • 6.23%
  • 6.23%
  • 6.11%
  • 208/248
  • 3 Year
  • 17-May-21
  • 11660.28
  • 16.60%
  • 5.25%
  • 5.21%
  • 85/179
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 24-Jul-19
  • 12483.03
  • 24.83%
  • 4.71%
  • 5.80%
  • 160/276

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Jun-23
  • 120000
  • 149748.05
  • 24.79%
  • 24.79%
  • 3 Year
  • 01-Jun-21
  • 360000
  • 449244.20
  • 24.79%
  • 7.66%
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment Type

  • Monthly Investment

  • Expected Returns Rate

    %
  • Time Period

    yrs

Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
Why Wait? Start Investing
  • Select Scheme

  • Investment Type

  • Monthly Investment

  • Time Period


Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
* The calculator shows annualized returns.
Why Wait? Start Investing

Risk Ratios

  • Standard Deviation
    0.12%
  • Beta
    0.00%
  • Sharpe Ratio
    -4.22%
  • Treynor’s Ratio
    6.26%
  • Jension’s Alpha
    -1.73%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • TREPS
  • 99.17%
  • 0
  • 184.11
  • Reverse Repo
  • Debt Others
  • Net CA & Others
  • 0.83%
  • 0
  • 1.54
  • Net CA & Others
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Canara Robeco Overnight Fund - Direct (IDCW-D) RI
  • Stars
  • 142.38
  • 0.48%
  • 1.46%
  • 3.01%
  • 6.23%
  • 5.25%
  • PGIM India Overnight Fund - Direct (IDCW-D) RI
  • Stars
  • 81.59
  • 0.47%
  • 1.44%
  • 6.74%
  • 10.67%
  • 6.66%
  • Shriram Overnight Fund - Direct (IDCW-D) RI
  • Stars
  • 172.58
  • 0.50%
  • 1.52%
  • 5.00%
  • 10.66%
  • -
  • Invesco India Overnight Fund - Dir (IDCW-D) RI
  • Stars
  • 161.25
  • 0.66%
  • 1.91%
  • 4.35%
  • 8.67%
  • 6.10%
  • Nippon India Overnight Fund - Direct (IDCW-W)RI
  • Stars
  • 6456.54
  • 0.41%
  • 2.62%
  • 5.03%
  • 8.41%
  • 5.91%
  • Bandhan Overnight Fund - Direct (IDCW-D) RI
  • Stars
  • 1362.17
  • 0.65%
  • 2.06%
  • 4.15%
  • 8.39%
  • 6.70%

News

  • Canara Robeco MF Announces change in fund managers under its schemes Canara Robeco Mutual Fund has announced change in fund managers under the following schemes, with effect from 10 April 2024.

    Change in Fund Management Responsibilities:

    Name of the Scheme Existing Fund Managers Revised Fund Managers
    Canara Robeco Focused Equity Fund 1. Mr. Shridatta Bhandwaldar (Fund Manager)

    2. Mr. Amit Kadam (Assistant Fund Manager)

    1. Mr. Shridatta Bhandwaldar (Fund Manager)

    2. Mr. Amit Kadam (Fund Manager)

    Canara Robeco Conservative Hybrid Fund 1. Mr. Avnish Jain (For Debt Portfolio)

    2. Mr. Shridatta Bhandwaldar (For Equity Portfolio)

    1. Mr. Avnish Jain (For Debt Portfolio)

    2. Mr. Amit Kadam (For Equity Portfolio)

    Powered by Capital Market - Live News

  • Canara MF Announces change in benchmark index under its schemes Canara Robeco Mutual Fund has announced change in the benchmark index for the following schemes, with effect from 15 April 2024. Accordingly, the revised benchmark index will be:

    Changes in the Schemes Benchmark Index:

    Scheme Name Existing First Tier Benchmark Revised First Tier Benchmark
    Canara Robeco Manufacturing Fund S&P BSE India Manufacturing TRI Nifty India Manufacturing TRI

    Powered by Capital Market - Live News

  • Canara MF Announces change in benchmark index under its schemes Canara Robeco Mutual Fund has announced change in the benchmark index for the following schemes, with effect from 11 March 2024. Accordingly, the revised benchmark index will be:

    Changes in the Schemes Benchmark Index:

    Scheme Name Existing Benchmark Revised Benchmark
    Canara Robeco Ultra Short Term Fund CRISIL Ultra Short Duration Debt B-I Index CRISIL Ultra Short Duration Debt A-I Index
    Canara Robeco Savings Fund CRISIL Low Duration Debt B-I Index CRISIL Low Duration Debt A-I Index
    Canara Robeco Short Duration Fund CRISIL Short Duration Debt B-II Index CRISIL Short Duration Debt A-II Index
    Canara Robeco Income Fund CRISIL Medium to Long Duration Debt B-III Index CRISIL Medium to Long Duration Debt A-III Index
    Canara Robeco Dynamic Bond Fund CRISIL Dynamic Bond B-III Index CRISIL Dynamic Bond A-III Index
    Canara Robeco Corporate Bond Fund CRISIL Corporate Bond B-III Index CRISIL Corporate Debt A-II Index
    Canara Robeco Banking and PSU Debt Fund CRISIL Banking and PSU Debt Index CRISIL Banking and PSU Debt A-II Index

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 19-Jul-2019
  • Total AUM (Cr) ₹185.65

Canara Robeco Overnight Fund - Direct (IDCW-D) RI is an Overnight Fund-oriented fund from the renowned AMC, Canara Robeco Mutual Fund. Launched in Jul 2019, this fund is managed by Suman Prasad. With assets under management (AUM) worth ₹185.65 (Cr), as of 21-May-2024, Canara Robeco Overnight Fund - Direct (IDCW-D) RI is categorized as a Overnight Fund within its segment. The fund has generated a return of 4.71% since its launch.
The current NAV of Canara Robeco Overnight Fund - Direct (IDCW-D) RI is ₹1001.00, as on 21-May-2024. The fund’s benchmark index is CRISIL Liquid Overnight Index. You can invest in Canara Robeco Overnight Fund - Direct (IDCW-D) RI via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 5.25% and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 99.17% in Debt and 0.83% in cash and cash equivalents

FAQs on Canara Robeco Overnight Fund - Direct (IDCW-D) RI

Canara Robeco Overnight Fund - Direct (IDCW-D) RI is a popular fund in the Overnight Fund segment. The fund has generated a return of 4.71% since inception. Looking to invest in Canara Robeco Overnight Fund - Direct (IDCW-D) RI? How about earning 1% extra return? All this is possible with m.Stock! Investing in Canara Robeco Overnight Fund - Direct (IDCW-D) RI is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Canara Robeco Overnight Fund - Direct (IDCW-D) RI
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Canara Robeco Overnight Fund - Direct (IDCW-D) RI today and reap the benefits of this Overnight Fund fund!

In the short term, i.e., 1 year, Canara Robeco Overnight Fund - Direct (IDCW-D) RI has generated annualised return of 6.23%. In the long-term, the fund has generated 5.25% and - in 3 and 5 years respectively. Since its inception, the fund has generated 4.71% returns.

The expense ratio of Canara Robeco Overnight Fund - Direct (IDCW-D) RI Direct Growth is 0.1%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Canara Robeco Overnight Fund - Direct (IDCW-D) RI is ₹185.65 (Cr) as of 21 May 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Canara Robeco Overnight Fund - Direct (IDCW-D) RI is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Canara Robeco Overnight Fund - Direct (IDCW-D) RI:

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Canara Robeco Overnight Fund - Direct (IDCW-D) RI).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Canara Robeco Overnight Fund - Direct (IDCW-D) RI. Minimum lumpsum investment Canara Robeco Overnight Fund - Direct (IDCW-D) RI is ₹5000 and minimum SIP amount is -. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Canara Robeco Overnight Fund - Direct (IDCW-D) RI is ₹1001.00 as on 21 May 2024.

The 5 biggest stock holdings of Canara Robeco Overnight Fund - Direct (IDCW-D) RI are:
TREPS (99.17%), Net CA & Others (0.83%)

Power your investments with our smart trading platforms

mobilefooterimg
  • app_download_icon_img
    5 million+
    App downloads
  • 1_Click_icon_img
    1-Click
    Order Placement
  • higherreturns_icon_img
    2,361 Crore+
    Average Daily Turnover