May 2, 2025
RA Jainee
Canara Robeco Gilt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 82.3112
NAV IDCW: Rs 17.2672
Suitable For Which Investors?
“This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors’ money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The scheme is dedicated to government securities and seeks to achieve risk-free return while maintaining stability of returns and liquidity.
Fund Manager:
1) Avnish Jain
Education: Mr. Jain is a B.Tech from IIT Kharagpur and Post Graduate from IIM Kolkata.
Experience: 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.
2) Kunal Jain
Education: Mr. Jain is a B.Com and MBA (Marketing).
Experience: Prior to joining Canara Robeco Mutual Fund, he has worked with PGIM India Mutual Fund, Indiabulls AMC Ltd. as Fund Manager, LIC Nomura AMC Ltd. as Fund manager and Kotak Mahindra AMC Ltd. as Fixed Income Dealer.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Canara Robeco Gilt Fund
| Fund House | Canara Robeco Mutual Fund |
| Launch Date | 02-Jan-13 |
| Return Since Launch | 8.39% |
| Benchmark | CRISIL Dynamic Gilt Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 133 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.54% |
| (As on 31-Mar-2025) | |
| Risk Grade | Average |
| Return Grade | Below Average |
Trailing Returns (%) of Canara Robeco Gilt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Canara Robeco Gilt Dir | 5.31 | -0.09 | 2.27 | 4.64 | 6.15 | 12.34 | 8.39 | 6.67 | 7.84 | 8.03 |
| CCIL All Sovereign Bond – TRI | 5.41 | -0.02 | 2.37 | 4.57 | 6.31 | 13.35 | 9.43 | 7.10 | 8.86 | 8.34 |
| Debt: Gilt | 5.07 | -0.09 | 2.14 | 4.43 | 6.06 | 12.30 | 8.55 | 6.91 | 8.40 | 8.15 |
| Rank within category | 7 | 13 | 7 | 9 | 9 | 16 | 16 | 14 | 18 | 12 |
| Number of funds in category | 23 | 24 | 24 | 24 | 23 | 23 | 21 | 20 | 20 | 20 |
Peer Comparison of Canara Robeco Gilt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Canara Robeco Gilt Dir | 2 star | 12.34 | 8.39 | 6.67 | 0.54 | 133 | 8.39 | — | 12Y 4M |
| SBI Magnum Gilt Dir | 4 star | 12.59 | 9.17 | 7.46 | 0.46 | 11,489 | 9.46 | — | 12Y 4M |
| ICICI Pru Gilt Dir | 5 star | 11.52 | 8.97 | 7.56 | 0.56 | 7,133 | 8.81 | — | 12Y 4M |
| Baroda BNP Paribas Gilt Dir | 4 star | 12.59 | 8.71 | 6.70 | 0.14 | 1,627 | 8.08 | — | 12Y 4M |
| Tata GSF Dir | 4 star | 12.05 | 9.01 | 6.62 | 0.29 | 1,003 | 8.33 | — | 12Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 9 | 14 |
| Macaulay Duration (yrs) | 11.26 | 8.85 |
| Average Maturity (yrs) | 26.32 | 18.91 |
| Yield to Maturity (%) | 6.94 | 6.88 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Canara Robeco Gilt Fund
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