Canara Robeco Ultra Short Term Fund

Q: What are the returns of this mutual fund scheme?

The Canara Robeco Ultra Short Term Fund is a 17 yrs 6 m old fund and has delivered average annual returns of 6.75% since inception. Canara Robeco Ultra Short Term Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.14% 6.44% 5.25% 5.59% 6.75%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹3915.05+0.06% 1 day change	6.75% p.a.	App exclusive #NA View Ranked Funds	₹457 Cr

Historical NAV & returns

NAV: ₹3915.05 as on Feb 02, 2026

This fund Category average

Canara Robeco Ultra Short Term Fund overview

AUM (Fund size)	₹457 Cr
Exit load	0%
Lock-in Period	Nil
Age	17 yrs 6 m since Jul 11, 2008
Benchmark	CRISIL Ultra Short Duration Debt A-I Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	0.97% as on Feb 02, 2026
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Canara Robeco Ultra Short Term Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	0.22%	0.28%
3 Months	1.07%	1.09%
6 Months	2.38%	2.51%
1 Year	6.14%	6.36%
2 Years	6.42%	6.76%
3 Years	6.44%	6.79%
4 Years	5.89%	6.25%
5 Years	5.25%	5.67%
7 Years	5.26%	5.86%
10 Years	5.59%	6.84%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 48.06%

A1+ 37.42%

Cash & Call Money 13.0%

SOV 1.13%

Top Debt Holdings

Small Industries Devp. Bank of India Ltd. 10.98%

LIC Housing Finance Ltd. 10.93%

National Bank For Agriculture & Rural Development 10.75%

Union Bank of India 10.65%

Allocation by Instruments

Certificate of Deposit 32.029999999999994%

Debenture 27.17%

Non Convertible Debenture 20.89%

Net Receivables 12.11%

Other Holdings

Others 12.11%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Canara Robeco Ultra Short Term Fund	0.22%	2.38%	6.14%	6.44%	5.25%	5.59%
Mirae Asset Ultra Short Duration Fund	0.25%	2.75%	6.81%	7.22%	6.03%	3.07%
ICICI Prudential Ultra Short Term Fund	0.28%	2.74%	6.8%	7.07%	6.02%	6.89%
Mahindra Manulife Ultra Short Duration Fund	0.25%	2.57%	6.46%	6.9%	5.75%	3.57%
WhiteOak Capital Ultra Short Duration Fund	0.2%	2.35%	6.02%	6.44%	5.5%	3.43%
Baroda BNP Paribas Ultra Short Duration Fund	0.25%	2.65%	6.65%	7.12%	6.07%	4.77%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Canara Robeco Ultra Short Term Fund	0.33	0.5	0.33	0.42
Mirae Asset Ultra Short Duration Fund	0.32	0.49	2.67	3.21
ICICI Prudential Ultra Short Term Fund	0.31	0.45	2.24	3.18
Mahindra Manulife Ultra Short Duration Fund	0.31	0.47	1.76	2.07
WhiteOak Capital Ultra Short Duration Fund	0.31	0.48	0.34	0.4
Baroda BNP Paribas Ultra Short Duration Fund	0.33	0.49	2.32	2.9

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Canara Robeco Ultra Short Term Fund	N.A.	457 Cr	17 yrs 6 m	0.97%
Mirae Asset Ultra Short Duration Fund	N.A.	2,067 Cr	5 yrs 4 m	0.46%
ICICI Prudential Ultra Short Term Fund	N.A.	16,907 Cr	14 yrs 9 m	0.79%
Mahindra Manulife Ultra Short Duration Fund	N.A.	219 Cr	6 yrs 3 m	0.7%
WhiteOak Capital Ultra Short Duration Fund	N.A.	574 Cr	6 yrs 8 m	1.02%
Baroda BNP Paribas Ultra Short Duration Fund	N.A.	765 Cr	7 yrs 8 m	0.49%

View all Ultra Short Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.04 vs. 2.31 Underperformed at beating benchmark
Sharpe	0.33 vs. 2.34 Poor risk-adjusted returns
Beta	0.5 vs. 1.0 Less sensitive to market ups & downs
Standard deviation	0.33 vs. 0.25 More volatile performance

Compare Canara Robeco Ultra Short Term Fund in detail with

About this fund

About Canara Robeco Ultra Short Term Fund

Canara Robeco Ultra Short Term Fund is a Ultra Short Duration mutual fund scheme from Canara Robeco Mutual Fund. This fund has been in existence for 17 yrs 6 m, having been launched on 11/07/2008. Canara Robeco Ultra Short Term Fund has ₹457 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Canara Robeco Ultra Short Term Fund as of 02/02/2026 is ₹3915.05. The fund has an expense ratio of 0.97%, which is higher than what most other Ultra Short Duration funds charge.

Canara Robeco Ultra Short Term Fund returns of last 1-year are 6.16%. Since launch, it has delivered 6.76% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Canara Robeco Ultra Short Term Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Small Industries Devp. Bank of India Ltd., LIC Housing Finance Ltd., National Bank For Agriculture & Rural Development, Union Bank of India, Kotak Mahindra Prime Ltd..

...

Fund AUM	457 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Avnish Jain

Mr. Jain is a B.Tech from IIT Kharagpur and Post Graduate from IIM Kolkata. 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.

Kunal Jain

Mr. Jain is a B.Com and MBA (Marketing). 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 objective

The Scheme seeks to generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile.

Canara Robeco Mutual Fund details

No. of schemes	26 view all schemes
Total AUM	1,22,254 Cr as on Dec 31, 2025
Address	4th Floor - Construction House, 5 - Walchand Hirachand Marg, Mumbai, 400001
Phone	022-22621371/ 66585000 / 665850010

More funds from Canara Robeco Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Canara Robeco Savings Fund	N.A.	1,310 Cr	6.82%	7.06%
Canara Robeco Liquid Fund	N.A.	5,149 Cr	6.35%	6.94%
Canara Robeco Banking and PSU Debt Fund	N.A.	197 Cr	5.81%	6.61%
Canara Robeco Short Duration Fund	N.A.	435 Cr	6.17%	6.58%
Canara Robeco Overnight Fund	N.A.	371 Cr	5.59%	6.28%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Canara Robeco Ultra Short Term Fund?

The current Net Asset Value (NAV) of the Canara Robeco Ultra Short Term Fund plan is approximately ₹3915.05 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Canara Robeco Ultra Short Term Fund is a 17 yrs 6 m old fund and has delivered average annual returns of 6.75% since inception.

Canara Robeco Ultra Short Term Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.14%	6.44%	5.25%	5.59%	6.75%

How much does this mutual fund charge as expense ratio?

The Canara Robeco Ultra Short Term Fund has an expense ratio of 0.97%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Canara Robeco Ultra Short Term Fund currently has assets under management (AUM) or fund size valued at approximately 457 Cr as on Dec 31, 2025.

To whom does Canara Robeco Ultra Short Term Fund lend to?

The top 3 debt holdings of Canara Robeco Ultra Short Term Fund are as follows

Holding Name	Percentage of Portfolio
Small Industries Devp. Bank of India Ltd.	10.98%
LIC Housing Finance Ltd.	10.93%
National Bank For Agriculture & Rural Development	10.75%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Canara Robeco Ultra Short Term Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	48.06%
A1+	37.42%
Cash & Call Money	13.0%

What is risk level of Canara Robeco Ultra Short Term Fund?

This is a Ultra Short Duration fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Canara Robeco Ultra Short Term Fund?

Redeeming your investments in the Canara Robeco Ultra Short Term Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Ultra Short Duration

#NA

Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.