Should I invest in CANARA ROBECO ULTRA SHORT TERM FUND?

We don't give personal investment advice. CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.2%. 5-year CAGR: 6.04%.

Canara Robeco

CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION

Latest NAV

₹4,269.1788

As of

3 Jun 2026

3,236 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.03%	+0.03%	+0.00	9 / 27	Q2
1W	+0.21%	-3.38%	+3.59	8 / 28	Q2
2W	+0.22%	+0.19%	+0.02	7 / 27	Q2
1M	+0.34%	+0.31%	+0.03	5 / 27	Q1
3M	+1.53%	+1.58%	-0.05	9 / 27	Q2
6M	+2.91%	+3.00%	-0.08	9 / 27	Q2
YTD	+2.44%	+2.64%	-0.20	10 / 27	Q2
1Y	+6.15%	+2.55%	+3.60	15 / 28	Q3
2Y	+6.90%	+3.03%	+3.87	20 / 27	Q3
3Y	+6.96%	+7.07%	-0.11	22 / 26	Q4
4Y	+6.77%	+6.96%	-0.19	21 / 26	Q4
5Y	+6.04%	+6.42%	-0.38	22 / 25	Q4
7Y	+5.80%	+6.39%	-0.59	19 / 20	Q4
10Y	+6.14%	+6.51%	-0.37	10 / 11	Q4
Inception	+6.88%	+2.98%	+3.91	13 / 28	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.44%	+2.39%	+0.05	8 / 25
2025	+7.05%	+7.21%	-0.16	20 / 25
2024	+7.32%	+7.61%	-0.29	22 / 24
2023	+6.92%	+7.20%	-0.28	21 / 24
2022	+4.49%	+4.77%	-0.27	22 / 25
2021	+3.18%	+0.07%	+3.11	22 / 24
2020	+5.11%	+4.63%	+0.47	18 / 23
2019	+7.07%	+7.27%	-0.20	14 / 18
2018	+6.73%	+6.38%	+0.35	11 / 13
2017	+6.40%	+7.15%	-0.75	12 / 13
2016	+8.00%	+8.94%	-0.94	10 / 12

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+6.85%

152 windows

min 3.1% · max 10.1%

100% positive

3-Year rolling

+6.56%

127 windows

min 4.2% · max 9.4%

100% positive

5-Year rolling

+6.33%

103 windows

min 5.3% · max 8.4%

100% positive

7-Year rolling

+6.34%

79 windows

min 5.7% · max 8.0%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.32%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.05%

May 2026 → May 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Ultra Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Ultra Short Term Fund - Direct Plan-Growth Option	HDFC	₹16.3326	3 Jun 2026
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option	Nippon India	₹4,713.2064	3 Jun 2026
SBI ULTRA SHORT DURATION FUND - DIRECT PLAN - GROWTH	SBI	₹6,418.2058	3 Jun 2026
ICICI Prudential Ultra Short Term Fund - Direct Plan - Growth	ICICI Prudential	₹31.7072	3 Jun 2026
Invesco India Ultra Short Duration Fund - Direct Plan - Growth	Invesco	₹3,045.4367	3 Jun 2026
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN GROWTH	Bandhan	₹16.2708	3 Jun 2026
Aditya Birla Sun Life Savings Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹590.3559	3 Jun 2026
Motilal Oswal Ultra Short Term Fund (MOFUSTF) -Direct Plan- Growth	Motilal Oswal	₹18.3824	3 Jun 2026
Franklin India Ultra Short Duration Fund - Direct - Growth	Franklin India	₹11.2823	3 Jun 2026
Mirae Asset Ultra Short Duration Fund Direct Growth	Mirae Asset	₹1,398.9872	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹4,269.1788
2 Jun 2026	₹4,268.5645
1 Jun 2026	₹4,267.3449
29 May 2026	₹4,263.4409
27 May 2026	₹4,260.7124
26 May 2026	₹4,259.4246
25 May 2026	₹4,259.6203
22 May 2026	₹4,257.7173
21 May 2026	₹4,257.3302
20 May 2026	₹4,258.7969

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION is ₹4,269.1788. It's a Ultra Short Duration Fund from Canara Robeco, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION is managed by Canara Robeco. It's classified by AMFI under the 'Ultra Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION has delivered a absolute return of 6.15% — +3.6 pp ahead of the Ultra Short Duration Fund category average of 2.55%. The fund ranks #15 of 28 in its category — the third (Q3) quartile.

Over the trailing 3-year window, CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION has delivered a CAGR of 6.96% — -0.11 pp behind the Ultra Short Duration Fund category average of 7.07%. The fund ranks #22 of 26 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION has delivered a CAGR of 6.04% — -0.38 pp behind the Ultra Short Duration Fund category average of 6.42%. The fund ranks #22 of 25 in its category — the bottom (Q4) quartile.

₹1 lakh invested in CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION exactly 10 years ago would be worth approximately ₹181,382 today — a multiplier of 1.81×, based on the 10-year CAGR of 6.14%. The category average over the same window would have grown ₹1 lakh to ₹187,841.

A ₹10,000 monthly SIP in CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION over the last 5 years — total invested ₹600,000 — would be worth ₹709,792 today. That's an XIRR (money-weighted annualised return) of 6.65%.

A ₹10,000 monthly SIP for 10 years in CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION = ₹1,200,000 invested. It would currently be worth ₹1,639,494 (multiplier 1.37×). XIRR: 6.08%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION ranks #22 out of 25 funds in the Ultra Short Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 6.42%; this fund delivered 6.04%.

The worst peak-to-trough decline CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION has experienced over the last 5-year window is 0.18% — its NAV fell from a high on 02 May 2022 to a low on 13 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION averaged 6.33% (best 8.38%, worst 5.29%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.20 — negative risk-adjusted performance.

In calendar year 2025, CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION returned 7.05% — lagging the Ultra Short Duration Fund category average of 7.21% by 0.16 pp. It ranked #20 of 25 in its category that year.

CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.2%. 5-year CAGR: 6.04%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

CANARA ROBECO ULTRA SHORT TERM FUND - DIRECT PLAN - GROWTH OPTION

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Ultra Short Duration Fund

Recent NAVs

Frequently asked questions

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