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OnePaisa — Smart Finance for India
Canara Robeco Mutual Fund

CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION

3Y returns
7.1%
past performance*
5Y returns
6%
past performance*
0.40%Expense ratio
₹546 CrFund size
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*Past performance does not guarantee future returns. Returns are historical and subject to market risk.

NAV₹4,379.09
1D—
Expense0.4%
AUM₹546 Cr
Min SIP₹500
Min Lumpsum₹500

Trailing returns (CAGR)

1W1M3M6M1Y3Y5Y10Y
+0.05%+0.85%+1.86%+3.11%+6.46%+7.06%+6.02%+6.17%

🎯 OnePaisa Verdict

4.6/ 10
Below Average

Breakdown

  • Returns3/10
  • Consistency6/10
  • Risk1/10
  • Cost9/10
  • Size6/10
  • Very low expense ratio (0.4%) — more of your money compounds for you
  • 4★ Morningstar rating

💡 Ratings are not guarantees. Past performance does not predict future results.

SIP Returns

Simulated ₹10,000/month systematic investment plan, computed from NAV history.

1 Year SIP

+6.74%

₹1.24 L value on ₹1.20 L invested

3 Year SIP

—

Not enough NAV history yet.

5 Year SIP

—

Not enough NAV history yet.

vs Category (Ultra Short Duration)

This fund (1Y)

+6.46%

Rank #4 of 4

Category average (1Y)

+7.61%

Quartile Q4

Beats 0% of ultra short duration funds on 1Y return.

Risk Analysis

  • Std Deviation (1Y)0.37%Low
  • Max Drawdown (1Y)-0.05%Low
  • Sharpe Ratio (1Y)-0.11Poor
  • Sortino Ratio (1Y)-0.19Poor

💡 Higher Sharpe = better risk-adjusted returns. Above 1.0 is good, above 2.0 is excellent. Drawdown is the worst peak-to-trough decline.

Calendar Year Returns

+4.32%
2025
+1.99%
2026

🚨 Things to Watch

📊 SIP Calculator — CANARA ROBECO ULTRA SHORT TERM FUND OPTION

Estimated corpus

₹3.51 L

Total invested
₹3.00 L
Estimated gain
₹50,780 (+17%)
▮ Invested▮ Gains

How it stacks up vs alternatives

  • Fixed Deposit (7%)₹3.60 L
  • Category average (7.4%)₹3.64 L
  • This fund (6.02%)₹3.51 L

⚠️ Projection based on past CAGR. Actual returns may vary. Markets are subject to risk; past performance is not a guarantee of future results.

▶Show Advanced Analysis

📈 Risk vs Return

Return 6.5% · Risk (std dev) 0.4%

SweetGrowthSlowAvoidLow riskHigh risk

Safe but slow

Stable but modest returns — suits capital preservation.

Sharpe ratio of -0.11 confirms poor risk-adjusted returns.

🛡️ Downside Protection

If the broader market falls 20%, this fund is expected to fall about 0.1%.

Based on 1Y max drawdown of -0.1% versus a typical market correction of ~-15%. Historical fall ratio ≈ 0.00× market. Above-average protection.

⚠️ Estimate, not a guarantee. Actual market falls vary.

💸 Expense Impact (₹10K/month for 20 years at 12% gross)

  • This fund — Direct (0.40%)₹94.66 L
  • Index fund (0.10%)₹98.57 L
  • Regular plan (~1.50%)₹81.76 L

Choosing this Direct plan over a Regular plan saves about ₹12.90 L. Index fund would still beat it by ₹3.91 L thanks to its lower expense ratio.

Fund information

Scheme category
Debt Scheme - Ultra Short Duration Fund
Benchmark
CRISIL Ultra Short Dur Debt A-I TR INR
Inception
2013-01-01
Lock-in
None
Exit load
-
Plan
Direct
Option
Growth

Data freshness

  • NAV as of: 2026-10-22
  • Metrics calculated: 2026-10-23
  • Source: mfapi.in, AMFI India

NAV trend

See how a SIP grows in this fund

Use the SIP Calculator with this fund's historical CAGR to project a monthly investment.

SIP CalculatorCompare similar funds

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6.5Q24
NAV
₹4,021.36
Expense
0.3%
AUM
₹3.7 K Cr
1Y
+6.7%
3Y
+7.5%
5Y
+6.4%
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Min SIP: ₹100Ideal: 1-6 monthsModerate Risk
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