fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Recurring Deposit

What is a Recurring Deposit (RD)?

Updated on May 24, 2020 , 9158 views

If you know how a Systematic Investment plan (SIP) of Mutual Funds works, then you will easily understand Recurring Deposits! In a Recurring Deposit (RD) a fixed instalment is made every month and interest is paid by the bank on this amount. Let us understand more about RD account, RD Interest Rates, RD Calculator, RD interest calculator, etc.

Recurring Deposit (RD)

A recurring deposit is an investment cum savings option for those who want to save regularly over a certain period of time and earn a higher interest rate. Every month, a fixed amount of money is deducted either from a Savings Account or a current account. At the end of the maturity period, investors are paid back their invested funds with accrued interest.

Recurring-Deposit

At a public sector bank, an RD account can be opened with a minimum amount of as less as INR 100. While, at private sector banks the minimum amount to be deposited is INR 500 to INR 1000, whereas in a post office one can open an account at just INR 10. Some banks have an upper limit of INR 15 lakh, while others don’t have any such upper limit. The tenure for Recurring Deposit is a minimum of three months and maximum of 10 years.

RD Account: Features

  • It inculcates a habit of savings amongst people
  • The rate of interest in a Recurring Deposit is high
  • RD schemes provide a stable and safe investment option irrespective of market fluctuations
  • Investors can close their RD account before the maturity period. But, during the premature withdrawals, investors may have to pay some amount in the form of penalty, depending on the bank.
  • Investors can opt for loans up to 60-90% of the balance, against the Recurring Deposit
  • The bank may discontinue an account on six missed instalments. But, if the outstanding amount is paid within a month from the last default, it can be revived.
  • Recurring Deposits come with a nomination facility
  • There is no TDS (Tax Deducted at source) in Recurring Deposits. The interest portion is taxable and will be added to an investor’s income and taxed as per the relevant slab.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

RD Interest Rates

Almost all the major banks in India offer a Recurring Deposit account. The interest rate at every bank may vary, but it typically ranges between 7% to 9.25% p.a, and at the post office it is 7.4% (depending on prevailing market condition). Senior citizens get 0.5% extra. The interest rate, once determined does not change during the tenure. Investors who want to pay more than one instalment at a time, can do so.

RD Calculator

A Recurring Deposit calculator is a good way of calculating maturity amount on RD. You can follow this method to estimate your RD amount on maturity.

RD Calculator INR
Monthly Deposit Amount 200
RD in month 60
Rate of Interest 8%
Interest compounding Frequency Monthly
RD Maturity Amount INR 1,47,933

RD Interest Calculator

With the help of RD interest calculator, customers can determine their potential earnings. You need to decide the amount you want to invest monthly and the tenure of investment (example illustrated below).

RD Interest Calculator
Amount INR 1000
Interest Rate 8% per annum
Period 12 months

Summary- Total Amount Paid- INR 12,000 Total Maturity Amount- INR 12,530 Total Interest Receivable- INR 530

Conclusion

Recurring Deposit helps individuals' to get into a habit of saving regularly. If you haven’t made any investment so far, start with a Recurring Deposit. Also, it is a good avenue for creating an emergency fund or contingency fund. It is an ideal way to save a small amount of money every month for your short term and long term Financial goals.

Open a Recurring Deposit account today and save for tomorrow!

Similar Alternatives

In mutual funds one can earn more than RD's with similar safety on principal by Investing in Liquid or Ultra short bond funds as they invest in securities maturing from 30 days to year or so.

Liquid / Ultra Short Debt Mutual funds

1. Nippon India Ultra Short Duration Fund

(Erstwhile Reliance Liquid Fund - Cash Plan)

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Nippon India Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 7 Dec 01. It is a fund with Low risk and has given a CAGR/Annualized return of 6% since its launch.  Ranked 62 in Ultrashort Bond category.  Return for 2019 was 0.9% , 2018 was 7.3% and 2017 was 5.8% .

Below is the key information for Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund
Growth
Launch Date 7 Dec 01
NAV (26 May 20) ₹2,925.88 ↑ 3.05   (0.10 %)
Net Assets (Cr) ₹820 on 30 Apr 20
Category Debt - Ultrashort Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Low
Expense Ratio 1.09
Sharpe Ratio -0.48
Information Ratio 0
Alpha Ratio 0
Min Investment 100
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 10.78%
Effective Maturity 9 Months 23 Days
Modified Duration 5 Months 4 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,741
30 Apr 17₹11,408
30 Apr 18₹12,090
30 Apr 19₹12,895
30 Apr 20₹12,952

Nippon India Ultra Short Duration Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Nippon India Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 20

DurationReturns
1 Month 0.5%
3 Month 0.5%
6 Month 2.5%
1 Year 0.6%
3 Year 4.5%
5 Year 5.4%
10 Year
15 Year
Since launch 6%
Historical performance (Yearly) on absolute basis
YearReturns
2019 0.9%
2018 7.3%
2017 5.8%
2016 6.8%
2015 7.6%
2014 8.4%
2013 8.5%
2012 9.2%
2011 9%
2010 4.5%
Fund Manager information for Nippon India Ultra Short Duration Fund
NameSinceTenure
Vivek Sharma1 Oct 136.58 Yr.
Kinjal Desai25 May 181.93 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash0.94%
Debt93.04%
Other6.01%
Debt Sector Allocation
SectorValue
Corporate93.29%
Cash Equivalent0.94%
Credit Quality
RatingValue
A26.87%
AA55.25%
AAA14.06%
BB3.83%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Piramal Enterprises Limited
Debentures | -
14%₹117 Cr1,180
↓ -200
Panchshil Corporate Park Private Limited
Debentures | -
13%₹104 Cr104
U.P. Power Corporation Limited
Debentures | -
9%₹72 Cr750
↑ 500
Vedanta Limited
Debentures | -
8%₹66 Cr700
↑ 100
CLIX FINANCE INDIA PRIVATE LIMITED
Debentures | -
7%₹60 Cr600
Jhajjar Power Limited
Debentures | -
6%₹50 Cr50
Northern Arc Capital Limited
Debentures | -
6%₹50 Cr500
Northern Arc Capital Limited
Debentures | -
6%₹50 Cr500
Net Current Assets
Receivables | -
6%₹49 Cr
Ahmedabad-Maliya Tollway Limited
Debentures | -
5%₹39 Cr400

2. DSP BlackRock Money Manager Fund

"The primary investment objective of the Scheme is to seek to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. However, there can be no assurance that the investment objective of the Scheme will be realized."

DSP BlackRock Money Manager Fund is a Debt - Ultrashort Bond fund was launched on 31 Jul 06. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.3% since its launch.  Ranked 75 in Ultrashort Bond category.  Return for 2019 was 7.3% , 2018 was 5% and 2017 was 6% .

Below is the key information for DSP BlackRock Money Manager Fund

DSP BlackRock Money Manager Fund
Growth
Launch Date 31 Jul 06
NAV (26 May 20) ₹2,633.85 ↑ 1.98   (0.08 %)
Net Assets (Cr) ₹2,384 on 30 Apr 20
Category Debt - Ultrashort Bond
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately Low
Expense Ratio 1
Sharpe Ratio 8.86
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 5.57%
Effective Maturity 5 Months 5 Days
Modified Duration 4 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,767
30 Apr 17₹11,525
30 Apr 18₹12,228
30 Apr 19₹12,883
30 Apr 20₹13,747

DSP BlackRock Money Manager Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for DSP BlackRock Money Manager Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 20

DurationReturns
1 Month 0.8%
3 Month 1.8%
6 Month 3.1%
1 Year 6.9%
3 Year 6.2%
5 Year 6.6%
10 Year
15 Year
Since launch 7.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 7.3%
2018 5%
2017 6%
2016 7.5%
2015 7.9%
2014 8.8%
2013 9.2%
2012 8.9%
2011 8.5%
2010 5%
Fund Manager information for DSP BlackRock Money Manager Fund
NameSinceTenure
Kedar Karnik17 Jul 163.71 Yr.
Rahul Vekaria15 Feb 182.13 Yr.

Data below for DSP BlackRock Money Manager Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash86.54%
Debt13.46%
Debt Sector Allocation
SectorValue
Corporate57.76%
Cash Equivalent35.78%
Government6.46%
Credit Quality
RatingValue
AA1.7%
AAA98.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bank Of Baroda
Certificate of Deposit | -
6%₹147 Cr15,000
↑ 15,000
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
5%₹127 Cr13,200
↓ -1,800
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
4%₹101 Cr
Kotak Mahindra Bank Limited
Certificate of Deposit | -
4%₹99 Cr10,000
Kotak Mahindra Prime Limited
Commercial Paper | -
4%₹99 Cr2,000
Reliance Industries Limited
Commercial Paper | -
4%₹98 Cr2,000
Export-Import Bank Of India
Commercial Paper | -
4%₹98 Cr2,000
↑ 2,000
Export-Import Bank Of India
Certificate of Deposit | -
4%₹97 Cr10,000
↑ 2,500
Small Industries Development Bank Of India
Certificate of Deposit | -
4%₹96 Cr10,000
Power Finance Corporation Ltd.
Debentures | -
4%₹86 Cr800

3. BOI AXA Ultra Short Duration Fund

(Erstwhile BOI AXA Treasury Advantage Fund)

The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns. Further, there is also no assurance that the investment objective of the Scheme will be achieved.

BOI AXA Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 16 Jul 08. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.8% since its launch.  Ranked 9 in Ultrashort Bond category.  Return for 2019 was 7.5% , 2018 was 7.6% and 2017 was 8% .

Below is the key information for BOI AXA Ultra Short Duration Fund

BOI AXA Ultra Short Duration Fund
Growth
Launch Date 16 Jul 08
NAV (26 May 20) ₹2,445.93 ↑ 2.37   (0.10 %)
Net Assets (Cr) ₹232 on 30 Apr 20
Category Debt - Ultrashort Bond
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately Low
Expense Ratio 0.63
Sharpe Ratio 9.34
Information Ratio 1.28
Alpha Ratio 0.01
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 5.14%
Effective Maturity 4 Months 7 Days
Modified Duration 3 Months 25 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,876
30 Apr 17₹11,863
30 Apr 18₹12,740
30 Apr 19₹13,728
30 Apr 20₹14,655

BOI AXA Ultra Short Duration Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for BOI AXA Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 20

DurationReturns
1 Month 0.7%
3 Month 1.7%
6 Month 3%
1 Year 6.9%
3 Year 7.4%
5 Year 8%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 7.5%
2018 7.6%
2017 8%
2016 9.1%
2015 8.7%
2014 9.3%
2013 9.2%
2012 8.5%
2011 8.2%
2010 5%
Fund Manager information for BOI AXA Ultra Short Duration Fund
NameSinceTenure
Amit Modani5 Dec 181.32 Yr.

Data below for BOI AXA Ultra Short Duration Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash76.22%
Debt23.78%
Debt Sector Allocation
SectorValue
Corporate66.03%
Cash Equivalent23.26%
Government10.72%
Credit Quality
RatingValue
AA13.98%
AAA86.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Repo
CBLO/Reverse Repo | -
22%₹52 Cr
LIC Housing Finance Limited
Debentures | -
11%₹25 Cr2,500,000
Cholamandalam Investment And Fin. Co. Ltd
Debentures | -
11%₹25 Cr2,500,000
↑ 2,500,000
Reliance Industries Limited
Commercial Paper | -
11%₹25 Cr2,500,000
↑ 2,500,000
INDIAN BANK
Certificate of Deposit | -
11%₹25 Cr2,500,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
11%₹25 Cr2,500,000
Axis Bank Limited
Certificate of Deposit | -
10%₹24 Cr2,500,000
Bank Of Baroda
Certificate of Deposit | -
10%₹24 Cr2,500,000
REC LIMITED
Debentures | -
2%₹5 Cr500,000
Net Receivables / (Payables)
Net Current Assets | -
1%₹2 Cr

4. Indiabulls Liquid Fund

To provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91days. However, there can be no assurance that the investment objective of the scheme will be achieved.

Indiabulls Liquid Fund is a Debt - Liquid Fund fund was launched on 27 Oct 11. It is a fund with Low risk and has given a CAGR/Annualized return of 8% since its launch.  Ranked 2 in Liquid Fund category.  Return for 2019 was 6.6% , 2018 was 7.3% and 2017 was 6.7% .

Below is the key information for Indiabulls Liquid Fund

Indiabulls Liquid Fund
Growth
Launch Date 27 Oct 11
NAV (26 May 20) ₹1,938.4 ↑ 0.19   (0.01 %)
Net Assets (Cr) ₹255 on 30 Apr 20
Category Debt - Liquid Fund
AMC Indiabulls Asset Management Company Ltd.
Rating
Risk Low
Expense Ratio 0.19
Sharpe Ratio 17.51
Information Ratio -1.88
Alpha Ratio 0
Min Investment 500
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 4.96%
Effective Maturity 1 Month 6 Days
Modified Duration 1 Month 4 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,832
30 Apr 17₹11,621
30 Apr 18₹12,417
30 Apr 19₹13,334
30 Apr 20₹14,126

Indiabulls Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Indiabulls Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 20

DurationReturns
1 Month 0.3%
3 Month 1.2%
6 Month 2.6%
1 Year 5.7%
3 Year 6.6%
5 Year 7.1%
10 Year
15 Year
Since launch 8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 6.6%
2018 7.3%
2017 6.7%
2016 7.8%
2015 8.5%
2014 9.1%
2013 9.1%
2012 9.8%
2011
2010
Fund Manager information for Indiabulls Liquid Fund
NameSinceTenure
Vikrant Mehta20 Jun 190.78 Yr.
Malay Shah22 Aug 145.61 Yr.
Sourabh Sharma17 Jan 191.2 Yr.

Data below for Indiabulls Liquid Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent61.71%
Corporate28.5%
Government9.79%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Ccil
CBLO/Reverse Repo | -
34%₹87 Cr86,700
↑ 86,700
Andhra Bank
Certificate of Deposit | -
10%₹25 Cr2,500,000
Reliance Industries Limited
Commercial Paper | -
10%₹25 Cr2,500,000
Birla Group Holdings Private Limited
Commercial Paper | -
10%₹25 Cr2,500,000
Bank Of Baroda
Certificate of Deposit | -
9%₹23 Cr2,300,000
↑ 2,300,000
National Bank For Agriculture And Rural Development
Commercial Paper | -
8%₹20 Cr2,000,000
↑ 2,000,000
Export-Import Bank Of India
Commercial Paper | -
7%₹18 Cr1,850,000
↑ 1,850,000
Hdfc Bank Ltd
Net Current Assets | -
6%₹16 Cr1,575,000
77 DTB 16062020
Sovereign Bonds | -
4%₹10 Cr1,000,000
↑ 1,000,000
Net Receivable/Payable
Net Current Assets | -
1%₹4 Cr

5. Edelweiss Liquid Fund

The investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance that the investment objectives of the Scheme will be realized.

Edelweiss Liquid Fund is a Debt - Liquid Fund fund was launched on 21 Sep 07. It is a fund with Low risk and has given a CAGR/Annualized return of 7.7% since its launch.  Ranked 32 in Liquid Fund category.  Return for 2019 was 6.6% , 2018 was 7.4% and 2017 was 6.6% .

Below is the key information for Edelweiss Liquid Fund

Edelweiss Liquid Fund
Growth
Launch Date 21 Sep 07
NAV (26 May 20) ₹2,556.21 ↑ 0.32   (0.01 %)
Net Assets (Cr) ₹860 on 30 Apr 20
Category Debt - Liquid Fund
AMC Edelweiss Asset Management Limited
Rating
Risk Low
Expense Ratio 0.17
Sharpe Ratio 14.8
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 4.9%
Effective Maturity 1 Month 8 Days
Modified Duration 1 Month 8 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,769
30 Apr 17₹11,468
30 Apr 18₹12,243
30 Apr 19₹13,169
30 Apr 20₹13,963

Edelweiss Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Edelweiss Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 20

DurationReturns
1 Month 0.4%
3 Month 1.5%
6 Month 2.7%
1 Year 5.9%
3 Year 6.7%
5 Year 6.9%
10 Year
15 Year
Since launch 7.7%
Historical performance (Yearly) on absolute basis
YearReturns
2019 6.6%
2018 7.4%
2017 6.6%
2016 6.8%
2015 8.1%
2014 9.1%
2013 9.2%
2012 9.7%
2011 8.9%
2010 5.7%
Fund Manager information for Edelweiss Liquid Fund
NameSinceTenure
Gautam Kaul1 Feb 173.16 Yr.
Rahul Dedhia11 Dec 172.3 Yr.

Data below for Edelweiss Liquid Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Corporate63.65%
Cash Equivalent24.79%
Government11.56%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SUNDARAM BNP PARIBAS HOME FINANCE LIMITED
Commercial Paper | -
9%₹75 Cr7,500,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
9%₹75 Cr7,500,000
Reliance Jio Infocomm Limited
Commercial Paper | -
6%₹50 Cr5,000,000
IndusInd Bank Limited
Certificate of Deposit | -
6%₹50 Cr5,000,000
Vedanta Limited
Commercial Paper | -
6%₹50 Cr5,000,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
6%₹50 Cr5,000,000
Reliance Industries Limited
Commercial Paper | -
6%₹50 Cr5,000,000
Reliance Jio Infocomm Limited
Commercial Paper | -
6%₹50 Cr5,000,000
182 DTB 09-Jul-2020
Sovereign Bonds | -
6%₹50 Cr5,000,000
↑ 5,000,000
Axis Bank Limited
Certificate of Deposit | -
6%₹50 Cr5,000,000
↑ 5,000,000

6. Canara Robeco Ultra Short Term Fund

(Erstwhile Canara Robeco Treasury Advantage Fund)

To generate income/capital appreciation through a low risk strategy by investment in Money Market Instruments (MMI). However, there can be no assurance that the investment objective of the scheme will be realized.

Canara Robeco Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 14 Jul 08. It is a fund with Low risk and has given a CAGR/Annualized return of 7.6% since its launch.  Ranked 72 in Ultrashort Bond category.  Return for 2019 was 6.6% , 2018 was 6.1% and 2017 was 5.7% .

Below is the key information for Canara Robeco Ultra Short Term Fund

Canara Robeco Ultra Short Term Fund
Growth
Launch Date 14 Jul 08
NAV (26 May 20) ₹2,966.82 ↑ 1.42   (0.05 %)
Net Assets (Cr) ₹187 on 30 Apr 20
Category Debt - Ultrashort Bond
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Low
Expense Ratio 0.93
Sharpe Ratio 10.3
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 4.9%
Effective Maturity 4 Months 20 Days
Modified Duration 4 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,807
30 Apr 17₹11,513
30 Apr 18₹12,168
30 Apr 19₹12,944
30 Apr 20₹13,733

Canara Robeco Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Canara Robeco Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 20

DurationReturns
1 Month 0.8%
3 Month 1.6%
6 Month 2.9%
1 Year 6.3%
3 Year 6.2%
5 Year 6.6%
10 Year
15 Year
Since launch 7.6%
Historical performance (Yearly) on absolute basis
YearReturns
2019 6.6%
2018 6.1%
2017 5.7%
2016 7.3%
2015 8.4%
2014 9.3%
2013 9.1%
2012 9.9%
2011 9.3%
2010 5.8%
Fund Manager information for Canara Robeco Ultra Short Term Fund
NameSinceTenure
Suman Prasad11 Apr 118.98 Yr.
Girish Hisaria18 Aug 145.62 Yr.

Data below for Canara Robeco Ultra Short Term Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash50.2%
Debt47.23%
Other2.57%
Debt Sector Allocation
SectorValue
Cash Equivalent44.88%
Corporate33.33%
Government19.22%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Treps
CBLO/Reverse Repo | -
30%₹57 Cr
NTPC Limited
Debentures | -
8%₹15 Cr150
REC LIMITED
Debentures | -
5%₹10 Cr100
HDB Financial Services Limited
Debentures | -
5%₹10 Cr100
KOTAK MAHINDRA PRIME LIMITED
Commercial Paper | -
5%₹10 Cr200
BAJAJ HOUSING FINANCE LIMITED
Commercial Paper | -
5%₹10 Cr200
Indian Railway Finance Corporation Limited
Debentures | -
4%₹7 Cr70
364 DTB 20082020
Sovereign Bonds | -
3%₹5 Cr
GOVT STOCK
Sovereign Bonds | -
3%₹5 Cr500,000
↑ 500,000
Reliance Jio Infocomm Limited
Debentures | -
3%₹5 Cr50
↑ 50

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
How helpful was this page ?
Rated 3.5, based on 2 reviews.
POST A COMMENT