Home Funds CANARA ROBECO OVERNIGHT FUND - DIRECT PLAN - GROWT

CANARA ROBECO OVERNIGHT FUND - DIRECT PLAN - GROWTH OPTION

Canara Robeco · Overnight
Low
₹1406.99
Current NAV
25 Jun 2026
29.8%
1Y Return
20.8%
3Y CAGR
19.8%
5Y CAGR
Watchlist
Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Highly cost-efficient with a low expense ratio of 0.68%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.68).
  • Very large asset base (AUM: ₹22,230 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.

Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.

Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
1.68
Sharpe Ratio
0.98
Beta
1.18
Alpha
2.32
Sortino
Fund Details
Fund House Canara Robeco
Category Overnight
AUM ₹22230 Cr
Expense Ratio 0.68%
Min SIP ₹500
Min Lumpsum ₹1000
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