Canara Rob Dynamic Bond Fund(G)-Direct Plan

Canara Rob Dynamic Bond Fund(G)-Direct Plan
Dividend Yearly
NA
Category
Debt - Income
52-week NAV high
22.85  (As on 04-12-2019)
52-week NAV low
20.66  (As on 11-12-2018)
Expense
0.9%  (As on 31-10-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.19 0.48 4.15 9.61 6.65 5.46 8.38 8.11 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jan 01, 2013
Last Dividend
NA
Minimum Investment
5000

Canara Robeco Mutual Fund was established in December 1987 as Canbank Mutual Fund but after the partnership agreement between Canara Bank and Robeco in 2007, it was renamed as Canara Robeco Mutual Fund. Robeco is a Netherland-based investment firm while Canara Bank is one of the leading public lenders in India. Canara Robeco Asset Management Company Limited (CRAMC) acts as the fund manager of Canara Robeco Mutual Fund and the fund house offers 24 schemes across various asset categories of equity, hybrid, debt, etc.

The Canara Robeco Dynamic Bond Fund - Direct Plan - Growth is an open-ended dynamic debt scheme that invests in debt and money market securities across duration. The direct option of the plan offers a low expense ratio to the investor while the growth option offers capital appreciation at the end of the investment period.

Investment Objective

To generate capital appreciation for the investor through investment in a portfolio of money market and debt securities.

Key Features of the Scheme

The Canara Robeco Dynamic Bond Fund is ideal for investors who wish to achieve capital gains from investments in debt and money market instruments. The key features of the scheme are as follows:

Type of Fund

An open-ended dynamic debt scheme

Plans Available

Growth and Dividend

Options under each Plan

The dividend option has payout and reinvestment facility

Risk

Moderate

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment amount for Canara Robeco Dynamic Bond Fund

Minimum Application Amount

Rs.5,000 per application and in multiples of Re.1 thereafter

Minimum Additional Investment

Rs.1,000 per application and in multiples of Re.1 thereafter

Minimum installment for Systematic Investment Plan (SIP)

Rs.1,000 for monthly frequency and Rs.2,000 for quarterly frequency

Minimum installment for Systematic Withdrawal Plan (SWP)

Rs.1,000 and in multiples of Re.1 thereafter.

Entry Load

Not Applicable

Exit Load

0.5% exit load will apply if an investor redeems/switches units before 6 months from unit allotment date. No exit load will be charged thereafter.

Asset Allocation for Canara Robeco Dynamic Bond Fund

Instruments

Indicative Allocation

Percentage of total assets

Risk Profile

Minimum

Maximum

Money market securities

0%

100%

Low

Corporate debt securities including securitised debt and government securities

0%

100%

Low to Medium

NAV Disclosure and Benchmark for Canara Robeco Dynamic Bond Fund

The NAV of Canara Robeco Dynamic Bond Fund is obtained by dividing the scheme’s net assets by the number of outstanding units on the date of valuation. The NAV will be calculated up to 4 decimal places and disclosed at the end of every business day. The NAV will be updated on the website of AMFI (www.amfiindia.com) and website of Canara Robeco Mutual Fund (www.canararobeco.com) by 9:00 p.m. every business day.

The NAV will also be sent to at least 2 newspapers for publication on every business day. The newspapers publishing the NAV will have a nationwide circulation. The scheme’s monthly portfolio will also be available on the official website of Canara Robeco Mutual Fund on or before the 10th day of the succeeding month.

Liquidity: Being an open-ended scheme, units can be redeemed/switched out at applicable NAVs on all business days.

Benchmark: CRISIL Composite Bond Fund Index

Fund Manager

Mr. Girish Hisaria

The Canara Robeco Dynamic Bond Fund is managed by Mr. Girish Hisaria and he has been managing the scheme since 24 August 2014. Mr. Hisaria has approximately 14 years of experience and apart from the Canara Robeco Dynamic Bond Fund, he also manages the Canara Robeco Gilt Fund and co-manages the schemes - Canara Robeco Liquid Fund, Canara Robeco Savings Fund, and Canara Robeco Ultra Short Term Fund.

Why you should invest in Canara Robeco Dynamic Bond Fund

  • Liquidity - Investors subscribing to the units of the Canara Robeco Dynamic Bond Fund can redeem and purchase units at applicable NAVs on any business day. Thus, offering liquidity to the investor.
  • Multiple investment options - The Canara Robeco Dynamic Bond Fund comes in regular and direct plans wherein the direct plan will have a lower expense ratio than the regular plan. Also, investors can choose between growth and dividend option. The growth option will allow investors to enjoy capital gains at the end of the investment period while the dividend option will offer them a regular income.
  • Professional management - The fund manager of the scheme, Mr. Girish Hisaria has many years of experience in handling investments. Therefore, you can rest assured that your investments will be handled efficiently to achieve optimal returns.
  • Additional benefits - The Canara Robeco Dynamic Bond Fund comes with additional benefits like SIP, SWP, STP, switching, etc. All these added benefits make the scheme an attractive investment option.

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