The fund, managed by Canara Robeco Mutual Fund, recently completed 15 years of operations on April 25, 2026. It is an open-ended short-duration debt scheme that invests in a mix of debt and money market instruments, maintaining a portfolio duration of one to three years.
In terms of lump sum performance, ₹10,000 invested at inception would have grown to ₹26,163 over the period. This is lower than the ₹30,181 generated by its benchmark and slightly higher than ₹25,456 delivered by the additional benchmark.
Over the past five years, the fund has delivered a compounded annual return of 5.24%, compared with 4.95% from the CRISIL 10 Year Gilt Index.
As of March 30, 2026, the scheme had assets under management (AUM) of ₹356.74 crore. Its portfolio is largely composed of high-rated corporate bonds and money market instruments, with a smaller allocation to government securities.
The fund is currently managed by Avnish Jain and Suman Prasad and is positioned within the short-duration category, typically aimed at investors seeking relatively stable income over the short term.
Caution
Returns from debt funds are influenced by interest rate movements, credit quality, and market liquidity. While short-duration funds tend to carry lower volatility than longer-duration categories, they are not risk-free. Past performance may not be sustained, and investors should evaluate products based on their investment horizon and risk appetite rather than historical returns alone.
First Published: Apr 28, 2026 8:42 AM IST