Canara Robeco Ultra Short to Short Term Fund
- NAV as on 24 Sep 2026
- ₹45.37-0.04%1 day
- Return since launch
- 7.3%
- 52-week range
- ₹42.80 — ₹45.39
- AUM
- ₹1,111 Cr
Canara Robeco Ultra Short to Short Term Fund is a Low Duration debt fund from Canara Robeco Mutual Fund with ₹1,111 Cr under management, launched in 2005. Over three years it has returned 6.7% a year, against 6.8% for its category. The expense ratio is 0.46% and the SEBI riskometer reading is Low to Moderate.
Performance
Canara Robeco Ultra Short to Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.0% against +5.8% 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% | +0.5 pts | 5.7% | 6.0% |
| 2Y | 6.4% | +0.2 pts | 6.2% | 6.3% |
| 3Y | 6.7% | −0.1 pts | 6.8% | 6.6% |
| 5Y | 6.7% | +0.5 pts | 6.1% | 6.6% |
| 7Y | 6.2% | −0.1 pts | 6.3% | 6.2% |
| 10Y | 6.2% | 0.0 pts | 6.3% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.4% | 0.4% |
| 3M | 1.5% | +0.1 pts | 1.4% | 1.4% |
| 6M | 3.4% | +0.2 pts | 3.3% | 3.3% |
| 1Y | 6.0% | +0.3 pts | 5.7% | 5.8% |
| 2Y | 6.8% | +0.2 pts | 6.6% | 6.6% |
| 3Y | 6.9% | +0.1 pts | 6.8% | 6.8% |
| 5Y | 6.2% | 0.0 pts | 6.1% | 6.1% |
| 7Y | 5.9% | −0.3 pts | 6.2% | 6.0% |
| 10Y | 6.3% | +0.1 pts | 6.3% | 6.2% |
Since launch (8 Feb 2005): 7.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.2% | −0.5 pts | 7.8% |
| 2024 | 7.3% | −0.5 pts | 7.8% |
| 2023 | 7.0% | −0.4 pts | 7.4% |
| 2022 | 4.1% | −0.5 pts | 4.6% |
| 2021 | 3.1% | −1.5 pts | 4.6% |
| 2020 | 6.4% | −2.3 pts | 8.7% |
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
0.50%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.43%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.07%
- Exit load
- Exit load of 0.25% if redeemed within 60 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Low 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 | 1.63 | 1.93 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.32 | 2.92 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.63 | 0.64 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Canara Robeco Ultra Short to Short Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt95.1%
- Other4.9%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | 7.57% | ₹84.04 Cr | +1.35% | +1.11% | +14.28% |
| Kotak Mahindra Prime Ltd. | Financial | 6.66% | ₹73.97 Cr | +6.70% | +5.52% | — |
| Others | Others | 5.28% | ₹58.47 Cr | +1.05% | +0.84% | +0.69% |
| Bajaj Housing Finance Ltd. | Financial | 4.49% | ₹49.87 Cr | +4.52% | +1.85% | +3.14% |
| LIC Housing Finance Ltd. | Financial | 4.47% | ₹49.61 Cr | +4.49% | +1.86% | +0.31% |
| Punjab National Bank | Financial | 4.34% | ₹48.23 Cr | +4.32% | +1.82% | +6.06% |
| Union Bank of India | Financial | 4.34% | ₹48.26 Cr | — | +5.46% | +1.52% |
| Indian Bank | Financial | 4.26% | ₹47.35 Cr | +2.19% | — | +1.52% |
| HDFC Bank Ltd. | Financial | 3.09% | ₹34.32 Cr | +3.05% | +2.45% | +4.54% |
| GOI | Sovereign | 2.82% | ₹31.29 Cr | +4.26% | +5.38% | +0.32% |
| Bajaj Finance Ltd. | Financial | 2.25% | ₹24.95 Cr | +2.26% | +1.87% | +4.71% |
| HDB Financial Services Ltd. | Financial | 2.25% | ₹24.96 Cr | +2.26% | +5.20% | +1.58% |
| Tamilnadu State | Others | 2.24% | ₹24.93 Cr | +2.25% | +3.73% | +3.15% |
| Kotak Mahindra Bank Ltd. | Financial | 2.21% | ₹24.52 Cr | +2.18% | +1.85% | +1.52% |
| ICICI Bank Ltd. | Financial | 2.19% | ₹24.34 Cr | +2.17% | +4.18% | +1.55% |
| Aditya Birla Capital Ltd. | Financial | 2.18% | ₹24.22 Cr | +2.15% | +1.73% | — |
| Axis Bank Ltd. | Financial | 2.18% | ₹24.26 Cr | +4.54% | +1.82% | +3.08% |
| Power Finance Corporation Ltd. | Financial | 1.35% | ₹15.03 Cr | +1.36% | +1.12% | +0.96% |
| Karnataka State | Others | 0.91% | ₹10.07 Cr | +0.92% | +0.75% | — |
| Sundaram Finance Ltd. | Financial | 0.90% | ₹9.97 Cr | +0.90% | +1.49% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.45% | ₹4.96 Cr | +7.27% | +5.92% | +0.63% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| GOI | 4.31% | 2.82% | -1.49% |
| Union Bank of India | 4.57% | 4.34% | -0.23% |
| Kotak Mahindra Prime Ltd. | 6.83% | 6.66% | -0.17% |
| Bajaj Housing Finance Ltd. | 4.61% | 4.49% | -0.12% |
| LIC Housing Finance Ltd. | 4.57% | 4.47% | -0.10% |
| Indian Bank | 4.34% | 4.26% | -0.08% |
| Punjab National Bank | 4.41% | 4.34% | -0.07% |
| Tamilnadu State | 2.31% | 2.24% | -0.07% |
| HDFC Bank Ltd. | 3.14% | 3.09% | -0.05% |
| National Bank For Agriculture & Rural Development | 2.31% | 2.26% | -0.05% |
| Bajaj Finance Ltd. | 2.30% | 2.25% | -0.05% |
| HDB Financial Services Ltd. | 2.30% | 2.25% | -0.05% |
| Aditya Birla Capital Ltd. | 2.22% | 2.18% | -0.04% |
| Axis Bank Ltd. | 2.22% | 2.18% | -0.04% |
| ICICI Bank Ltd. | 2.23% | 2.19% | -0.04% |
| Power Finance Corporation Ltd. | 1.39% | 1.35% | -0.04% |
| Kotak Mahindra Bank Ltd. | 2.24% | 2.21% | -0.03% |
| Karnataka State | 0.93% | 0.91% | -0.02% |
| Sundaram Finance Ltd. | 0.92% | 0.90% | -0.02% |
| Others | 0.36% | 0.35% | -0.01% |
| Small Industries Devp. Bank of India Ltd. | 0.45% | 0.45% | 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 | ₹5,593 Cr | 0.45% | 6.3% | 6.9% | 6.9% |
 ICICI Prudential Ultra Short to Short Term Fund | ₹21,047 Cr | 0.53% | 6.3% | 7.0% | 7.1% |
 Tata Ultra Short to Short Term Fund | ₹2,871 Cr | 0.57% | 6.3% | 6.7% | 6.7% |
 UTI Ultra Short to Short Term Fund | ₹2,680 Cr | 0.48% | 6.3% | 6.9% | 6.9% |
 Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹1,228 Cr | 0.36% | 6.4% | — | — |
 Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹138 Cr | 0.29% | 6.3% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate income/capital appreciation by investing in a portfolio comprising of ultra short to short term debt instruments and money market instruments.
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 months3.42% absolute | ₹60,000 | ₹62,052 | 3.42% | |
| 1 year5.99% annualised | ₹1,20,000 | ₹1,23,966 | 3.30% | |
| 3 years6.90% annualised | ₹3,60,000 | ₹4,00,994 | 11.39% | |
| 5 years6.15% annualised | ₹6,00,000 | ₹7,03,986 | 17.33% |
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.