Canara Robeco Ultra Short Term Fund
- NAV as on 24 Sep 2026
- ₹4,078.11-0.01%1 day
- Return since launch
- 6.7%
- 52-week range
- ₹3,850.29 — ₹4,078.34
- AUM
- ₹582 Cr
Canara Robeco Ultra Short Term Fund is a Ultra Short Duration debt fund from Canara Robeco Mutual Fund with ₹582 Cr under management, launched in 2008. Over three years it has returned 6.3% a year, against 6.7% for its category. The expense ratio is 0.93% and the SEBI riskometer reading is Low to Moderate.
Performance
Canara Robeco Ultra Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.9% against +6.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.3% | +0.1 pts | 6.1% | 6.5% |
| 2Y | 6.2% | −0.1 pts | 6.3% | 6.5% |
| 3Y | 6.3% | −0.3 pts | 6.7% | 6.7% |
| 5Y | 6.3% | +0.3 pts | 6.0% | 6.6% |
| 7Y | 5.8% | −0.3 pts | 6.1% | 6.2% |
| 10Y | 5.6% | −0.3 pts | 5.9% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.5% | −0.1 pts | 1.6% | 1.6% |
| 6M | 3.4% | −0.1 pts | 3.5% | 3.5% |
| 1Y | 5.9% | −0.2 pts | 6.1% | 6.3% |
| 2Y | 6.4% | −0.2 pts | 6.5% | 6.7% |
| 3Y | 6.5% | −0.2 pts | 6.7% | 6.8% |
| 5Y | 5.7% | −0.3 pts | 6.0% | 6.1% |
| 7Y | 5.2% | −0.7 pts | 6.0% | 5.7% |
| 10Y | 5.5% | −0.4 pts | 5.9% | 6.5% |
Since launch (11 Jul 2008): 6.7%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.5% | −0.8 pts | 7.2% |
| 2024 | 6.7% | −0.9 pts | 7.6% |
| 2023 | 6.4% | −0.9 pts | 7.2% |
| 2022 | 3.9% | −0.9 pts | 4.8% |
| 2021 | 2.6% | −1.5 pts | 4.1% |
| 2020 | 4.5% | −1.2 pts | 5.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.92%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.80%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.12%
- Exit load
- Exit load of 0.10% if redeemed within 3 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Ultra Short Duration Debt A-I Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.34 | 2.59 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.96 | 3.78 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.43 | 0.42 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Canara Robeco Ultra Short Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt93.2%
- Other6.8%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 7.08% | ₹41.20 Cr | +1.02% | +0.96% | +0.78% |
| company:4671 | Financial | 4.32% | ₹25.11 Cr | — | — | — |
| Aditya Birla Housing Finance Ltd. | Financial | 4.31% | ₹25.08 Cr | — | — | — |
| Tata Capital Housing Finance Ltd. | Financial | 4.31% | ₹25.07 Cr | — | — | — |
| Tata Capital Ltd.(Partly Paid Equity) | Financial | 4.31% | ₹25.08 Cr | — | — | — |
| Kotak Mahindra Prime Ltd. | Financial | 4.30% | ₹25.04 Cr | +4.73% | +4.47% | — |
| Axis Bank Ltd. | Financial | 4.22% | ₹24.54 Cr | +4.72% | +4.35% | +3.68% |
| Kotak Mahindra Bank Ltd. | Financial | 4.21% | ₹24.52 Cr | +4.54% | — | +7.32% |
| National Bank For Agriculture & Rural Development | Financial | 4.17% | ₹24.23 Cr | +8.51% | +7.99% | +2.24% |
| Export-Import Bank Of India | Financial | 4.16% | ₹24.20 Cr | — | +8.73% | — |
| ICICI Bank Ltd. | Financial | 4.15% | ₹24.16 Cr | +4.47% | +2.51% | +7.36% |
| Punjab National Bank | Financial | 4.15% | ₹24.12 Cr | +4.49% | — | — |
| Indian Bank | Financial | 4.07% | ₹23.67 Cr | +4.50% | +4.36% | +3.61% |
| Small Industries Devp. Bank of India Ltd. | Financial | 3.41% | ₹19.86 Cr | +4.72% | +4.44% | +7.33% |
| ICICI Securities Ltd. | Financial | 3.30% | ₹19.21 Cr | — | — | +3.60% |
| HDFC Bank Ltd. | Financial | 2.53% | ₹14.71 Cr | +2.72% | +2.52% | +3.60% |
| Reserve Bank of India | Financial | 1.70% | ₹9.90 Cr | +2.82% | — | +2.96% |
| Union Bank of India | Financial | 1.66% | ₹9.66 Cr | — | +7.85% | +3.71% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:4671 | 0.00% | 4.32% | +4.32% |
| GOI | 0.90% | 0.00% | -0.90% |
| Export-Import Bank Of India | 4.30% | 4.16% | -0.14% |
| Aditya Birla Housing Finance Ltd. | 4.33% | 4.31% | -0.02% |
| Kotak Mahindra Prime Ltd. | 4.32% | 4.30% | -0.02% |
| Punjab National Bank | 4.13% | 4.15% | +0.02% |
| Axis Bank Ltd. | 4.20% | 4.22% | +0.02% |
| National Bank For Agriculture & Rural Development | 4.15% | 4.17% | +0.02% |
| ICICI Bank Ltd. | 4.14% | 4.15% | +0.01% |
| Indian Bank | 4.06% | 4.07% | +0.01% |
| Tata Capital Housing Finance Ltd. | 4.32% | 4.31% | -0.01% |
| Tata Capital Ltd.(Partly Paid Equity) | 4.32% | 4.31% | -0.01% |
| Small Industries Devp. Bank of India Ltd. | 3.40% | 3.41% | +0.01% |
| HDFC Bank Ltd. | 2.52% | 2.53% | +0.01% |
| ICICI Securities Ltd. | 3.29% | 3.30% | +0.01% |
| Kotak Mahindra Bank Ltd. | 4.20% | 4.21% | +0.01% |
| Others | 0.31% | 0.31% | 0.00% |
| Reserve Bank of India | 1.70% | 1.70% | 0.00% |
| Union Bank of India | 1.66% | 1.66% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,772 Cr | 0.31% | 7.0% | 6.8% | 6.8% |
 HSBC Ultra Short Term Fund | ₹3,628 Cr | 0.38% | 6.8% | 6.8% | 6.8% |
 HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹2,264 Cr | 0.25% | 7.2% | — | — |
 Aditya Birla Sun Life CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund | ₹2,164 Cr | 0.37% | 7.1% | — | — |
 ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹533 Cr | 0.22% | 7.1% | — | — |
 Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹270 Cr | 0.35% | 6.8% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile.
Fund managers
- Avnish JainMr. Jain is a B.Tech from IIT Kharagpur and Post Graduate from IIM Kolkata.Prior to joining Canara Robeco AMC he has worked with ICICI Prudential AMC, PGIM India Mutual Fund, Deutsche Asset Management, Misys Software Solutions, Yes Bank and ICICI Bank.
- Bhupesh KalyaniMr. Kalyani is a CA, ICWA and CISA.Prior to joining Canara Robeco Mutual Fund, he was associated with PGIM India Mutual Fund, IDBI AMC, LIC Mutual Fund, Edelweiss Mutual Fund, Tata Mutual Fund and Star Union Dai-ichi life Insurance C.o. Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.39% absolute | ₹60,000 | ₹62,034 | 3.39% | |
| 1 year5.91% annualised | ₹1,20,000 | ₹1,23,912 | 3.26% | |
| 3 years6.45% annualised | ₹3,60,000 | ₹3,98,149 | 10.60% | |
| 5 years5.73% annualised | ₹6,00,000 | ₹6,96,189 | 16.03% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.