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Canara Robeco Short Term Fund
December 2017
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
This product is suitable for investors who are seeking*
• Income / capital appreciation over short term • Investing in short term to medium term debt and money market securities
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Open Ended Debt Scheme
What are Short Term Funds?
A fund for your shorter term investment needs
Low High
Low High
Low High
>2 Months 180-270 Days 365 Days+
Floating Rate Short-Term Medium Term
Volatility
Exp. Risk
Adj. Ret
Average
Maturity
Investor
Profile
Short-TermFloating Rate
Floating Rate
Floating Rate
Short-Term
Short-Term
Rewards
Ris
ks
Liquid Fund
Short Term
Fund
Income Fund
Gilt Fund
Ultra Short
Term Fund
Positioning of Short Term Funds on Risk Reward Matrix Short Term Funds vis-à-vis Floating rate & Medium Term Funds
Short Term Funds aims to manage average maturity of portfolio between 1-3 years to generate returns by investing in debtand money market instruments
Short Term Funds are positioned between floating rate funds and medium term opportunities fund with respect to the risk-reward matrix.
Medium Term
Medium Term
Medium Term
Medium Term
What is Canara Robeco Short Term Fund?
Canara Robeco Short Term Fund
An Open Ended debt scheme that seeks to generate income from a portfolio constituted ofshort term to medium term debt and money market securities
A unique combination of carry and trading portfolio that helps to gain from high interest ratescenario and spread contractions in the market
An ideal investment avenue for investors to generate returns without compromising onliquidity of the investment
Higher investments in highest rated instruments (AAA and A1+ & Equivalent)
Canara Robeco Short Term Fund
Optimize Portfolio
Yield
Short Portfolio
Maturities
Diversified Investments
Highest Quality
Investment Grade Papers
Plans & Options
Regular & Direct Plan:
a)Growth; b)Monthly Dividend Reinvestment / Payout; c)Weekly Dividend Reinvestment
Characteristics
Accrual and endeavour togenerate capital gains
Portfolio Features
Open ended debt scheme that provides a short to medium term investment avenue
Primarily Accrual Strategy with Alpha endeavour
Provides liquidity to the investors
Average maturity of the portfolio is towards shorter end of yield curve
Low Duration Risk & Low Credit Risk
Oriented towards short end of yieldcurve with an ability to captureopportunities in short to medium termintervals.
High Quality Issuers
LimitedInterest RateRisk Liquidity
Risk Profile
Low
Accrue Yields on high-quality Money Market Instruments
• Fund to capture accruals in the form of portfolio running yields on high-quality money market
instruments which may constitute about 65% - 100% of the portfolio, hence providing higher
liquidity and low duration.
Active Trading Strategy
• Fund aims to capture capital gains by taking limited and directional duration calls and yield
curve trading
• Fund also aims to identify any tactical opportunities to capture possible alpha at regular
intervals which could arise either by (a) Temporary liquidity bouts in the market or (b) Mis-
pricing in the yield curve
AC
CR
UA
LT
RA
DIN
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CANARA ROBECO SHORT TERM FUND
Portfolio Strategy
Performance at a Glance
The performance of other funds managed by fund managers of Canara Robeco Short Term Fund is on the slide number 12Data as on 29th Dec'17
Portfolio Analysis
A high proportion of the portfolio is invested in NCD / Bonds Investments are also made in Money Market Instruments viz. Certificate of Deposits
0%
10%
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40%
50%
60%
70%
80%
90%
100%
Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17
Asset Allocation
CBLO/ Repo/Reverse Repo/Net Current Assets CD's CP's NCD/Bonds Treasury Bill/Sovereign
Data as on 29th Dec'17
With Average Maturity ranging between 12 to 24 months in the last 1 year, the scheme is oriented towards shortend of yield curve
Portfolio Analysis
Data as on 29th Dec'17
1.431.33
1.18
1.40 1.401.49
1.89
1.49
1.35
1.50
1.15 1.111.01
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1.60
1.80
2.00
Average Maturity (Yrs.)
2.19%
26.11%
4.64%
13.95%
43.64%
9.47%
0% 10% 20% 30% 40% 50%
Net Current Assets
0 to 3 Months
3 to 6 Months
6 to 12 Months
1 -2 years
Greater than 2 Years
Maturity Profile
Portfolio Analysis
The fund invests all its portfolio investments in highest credit quality rated instruments viz. A1+, AAA,AA+ & Equivalent rated debt instruments.
0%
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20%
30%
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50%
60%
70%
80%
90%
100%
Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17
Rating Allocation
CBLO/ Net Current Assets AAA & Equivalent AA+ & Equivalent A1+ & Equivalent Sovereign
Data as on 29th Dec'17
An average maturity of 1-3 years makes the fund less prone to interest rate changes than longterm instruments
Investments in a liquid portfolio with intention to maintain minimum concentration risk
Higher investments in highest rated instruments (AAA and A1+ & Equivalent)
Robust and coherent Fixed Income investment process
Tax Efficient Returns- Tax Free dividends*
Why Canara Robeco Short Term Fund?
*Distributed Dividends are tax free; however Dividend Distribution Tax is deducted by the AMC in case of individual investor. For personal taximplication investors are requested to consult their tax advisors before investing.
Fund Features
Fund Manager Ms. Suman Prasad
Investment ObjectiveTo generate income from a portfolio constituted of short to medium term debt and money marketsecurities. There is no assurance that the objective of the Fund will be realized and the Fund does notassure or guarantee any returns.
Inception Date March 31, 2009
Month end AUM* (INR Crs) 108.13
Benchmark Index## Crisil Short Term Bond Fund Index
Asset Allocation# Money Market Instruments/Debt Securities with less than 2 years residual maturity : 65% - 100%Debt Securities with less than 5 years residual maturity (including Securitised Debt): 0% - 35%
Plan & OptionsRegular Plan Growth OptionRegular Plan Monthly Dividend PayoutRegular Plan Monthly Dividend ReinvestmentRegular Plan Weekly Dividend Reinvestment
Direct Plan – GrowthDirect Plan Monthly Dividend ReinvestmentDirect Plan Monthly Dividend PayoutDirect Plan Weekly Dividend Reinvestment
Minimum Investment Amount
Lumpsum: Rs 5000/- under each option and in multiples of Rs. 1 thereafter. Subsequent Purchases: Minimum amount of Rs. 1,000/- & in multiples of Re. 1 thereafter.SIP/STP/SWP: For monthly frequency - Rs 1000 and in multiples of Rs 1 thereafterFor quarterly frequency - Rs 2000 and in multiples of Rs 1 thereafter
Entry Load Nil
Exit Load (Lump sum /SIP /STP)0.25% - If redeemed/switched out within 60 days from the date of allotment.Nil – if redeemed / switched out after 60 days from the date of allotment
Data as on 29th Dec'17
Performances of All Schemes Managed by Ms. Suman Prasad :
Data as on 29th Dec'17
Disclaimer:
The information used towards formulating the outlook have been obtained from sources published by third parties. While such publicationsare believed to be reliable, however, neither the AMC, its officers, the trustees, the Fund nor any of their affiliates or representatives assumeany responsibility for the accuracy of such information. CRMF, its sponsors, its trustees, CRAMC, its employees, officer, directors, etc assumeno financial liability whatsoever to the user of this document. Mutual Fund Investments are subject to market risk. Investors are requested toread the Scheme related documents carefully before investing.
Mutual Fund investments are subject to market risks, read all Scheme related documents carefully.