About Canara Robeco Ultra Short Term Fund Direct-Dividend
Canara Robeco Ultra Short Term Fund Direct-Dividend is a
Debt mutual fund scheme from
Canara Robeco Mutual Fund. This scheme was launched on 02 Jan 2013 and is currently managed by its fund managers
Suman Prasad and
Girish Hisaria. It has an AUM of ₹181.44 Crores and the latest NAV decalared is ₹1706.453 as on 13 Dec 2019 at 9:20 pm.
Canara Robeco Ultra Short Term Fund Direct-Dividend scheme return performance in last 1 year is 7.20%, in last 3 years is 21.73% and 20.73% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Ultra Short Duration Funds maintain a portfolio of debt and money market instruments wherein the portfolio has a Macaulay duration of around 3 to 6 months. Among the duration funds, these funds are relatively less affected by the movement of overall interest rates. These funds may be suitable to earn regular income with high liquidity.