The fund house said a ₹10,000 monthly SIP in the scheme’s Regular Plan – Growth Option since inception (March 4, 2005) would have amounted to a total investment of ₹25.2 lakh by February 27, 2026, growing to ₹56.46 lakh.
This implies an extended internal rate of return (XIRR) of 7.09%, based on disclosed historical performance.
ALSO READ | Mid-cap AUM jumps 32%, small-cap surges 40% in 5 years: ICRA Analytics
The scheme is an open-ended low-duration debt fund that invests in debt and money market instruments, maintaining a Macaulay duration between six and 12 months. Its investment objective is to generate income and potential capital appreciation, though the fund house noted there is no assurance that this objective will be achieved.
As of February 28, the fund’s assets under management stood at ₹1,353 crore. The scheme delivered a compounded annual growth rate (CAGR) of 6.98% over one year, 7.16% over three years, and 5.85% over five years for its Regular Plan – Growth Option, as of February 27, 2026.
This compares with returns of 6.89%, 7.34%, and 6.22%, respectively, for its benchmark, the CRISIL Low Duration Debt A-I Index. The additional benchmark, CRISIL 1 Year T-Bill Index, delivered 5.70%, 6.85%, and 5.67% over the same periods.
Since inception, the scheme has delivered a CAGR of 7.29%, marginally higher than the benchmark’s 7.21%, the fund house said. A lump sum investment of ₹10,000 at inception would have grown to ₹43,819, compared with ₹43,183 for the benchmark and ₹34,698 for the additional benchmark.
The fund is managed by Kunal Jain and Avnish Jain. It can allocate 0–100% of its assets to debt and money market instruments, with up to 10% exposure to InvITs.
Canara Robeco Mutual Fund, established in 1987, operates as a joint venture between Canara Bank and ORIX Corporation Europe.
It must be noted that performance may not be indicative of future returns. Low-duration debt funds, while typically less volatile than longer-duration strategies, remain subject to interest rate risk, credit risk, and liquidity conditions.
So, investors should evaluate their risk appetite and read all scheme-related documents carefully before investing, experts say.