3 Year return
5.88%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Low Risk
Asset Under Management
₹166.33 Cr.
Expense Ratio
0.1% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Canara Robeco Mutual Fund Managers
SP
Suman Prasad
Fund Manager since Jul 2019
Fund House Details
Canara Robeco Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Mirae Asset Overnight Fund |
5.99% |
3.5 |
PGIM India Overnight Fund |
5.95% |
4 |
DSP Overnight Fund |
5.97% |
4.5 |
Schemes by Canara Robeco Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Canara Robeco Balanced Advantage Fund Direct Plan Growth
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Canara Robeco Balanced Advantage Fund Direct Plan IDCW Payout
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Canara Robeco Balanced Advantage Fund Direct Plan IDCW Reinvestment
Debt . Banking and PSU Fund
Canara Robeco Banking and PSU Debt Fund Direct Plan Growth
Debt . Banking and PSU Fund
Canara Robeco Banking and PSU Debt Fund Direct Plan IDCW Payout Payout
About Canara Robeco Overnight Fund Direct Plan Growth
The Canara Robeco Overnight Fund Direct Plan Growth is an open-ended debt mutual fund scheme that invests in a portfolio of overnight debt securities. The fund aims to provide investors with a high level of liquidity and safety while generating returns that are slightly higher than the returns offered by bank fixed deposits. The fund is managed by Canara Robeco Mutual Fund, one of the leading asset management companies in India.
Investment Objectives of the Scheme
The investment objective of the Canara Robeco Overnight Fund Direct Plan Growth is to generate income for its investors by investing in a diversified portfolio of overnight debt securities.
Key Features of The Fund
5-year return | 4.88% |
Expense Ratio | 0.1% |
Fund Manager | Suman Prasad |
Fund Size | ₹166.33 Cr |
Risk Profile | Low |
Is This Scheme Right for Me?
The Canara Robeco Overnight Fund Direct Plan Growth is a good option for investors who are looking for a liquid and safe investment that can generate returns that are slightly higher than the returns offered by bank fixed deposits. The fund is suitable for investors who have a low to medium risk tolerance and who are looking for a relatively stable investment. However, it is important to note that the fund is not a risk-free investment. The fund's returns can go down as well as up. Investors should only invest in the fund if they are comfortable with the risk of losing money.
AMC Contact Details
Name | Canara Robeco Mutual Fund |
Launch Date | December 1987 |
Addresss | 4th Floor - Construction House, 5 - Walchand Hirachand Marg, Mumbai 400001 |
Contact | 1800-209-2726 |
crmf@canararobeco.com | |
Website | https://www.canararobeco.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Canara Robeco Overnight Fund?
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What is the expense ratio of Canara Robeco Overnight Fund?
What are the returns of Canara Robeco Overnight Fund since inception?
What is the minimum SIP amount to invest in Canara Robeco Overnight Fund?
How do I invest in Canara Robeco Overnight Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Canara Robeco Overnight Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Canara Robeco Overnight Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Canara Robeco Overnight Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.