{"id":231931,"date":"2026-09-04T15:15:34","date_gmt":"2026-09-04T09:45:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/"},"modified":"2026-09-04T15:15:34","modified_gmt":"2026-09-04T09:45:34","slug":"canara-rob-short-term-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/","title":{"rendered":"Canara Rob Short Term Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/canara-rob-short-term-fund-g-direct-plan\">Canara Rob Short Term Fund Direct Growth Plan<\/a> has a NAV of \u20b929.6028 as of 03 Sep 2026 and a scheme AUM of \u20b9284 Cr. Its 1-year, 3-year and 5-year returns are 5.86%, 7.11% and 6.04%, and the scheme sits in the Balanced Risk category.<\/p>\n<p>Our view is that this is a steady debt fund rather than a return-chasing one. The portfolio is tilted toward corporate debt, CDs and government securities, which supports a balanced profile, but the benchmark comparison shows that short bursts can differ from the longer run.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Canara_Rob_Short_Term\" title=\"Should you BUY or HOLD Canara Rob Short Term?\">Should you BUY or HOLD Canara Rob Short Term?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Canara_Rob_Short_Term_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Canara Rob Short Term Fund Direct Growth Plan?\">What is the current NAV of Canara Rob Short Term Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#What_are_the_1-year_3-year_and_5-year_returns\" title=\"What are the 1-year, 3-year and 5-year returns?\">What are the 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_its_benchmark\" title=\"How does the fund compare with its benchmark?\">How does the fund compare with its benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#How_does_it_compare_with_the_peer_funds_listed_here\" title=\"How does it compare with the peer funds listed here?\">How does it compare with the peer funds listed here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#What_is_the_fund_manager_set\" title=\"What is the fund manager set?\">What is the fund manager set?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#What_is_the_exit_load_and_tax_treatment\" title=\"What is the exit load and tax treatment?\">What is the exit load and tax treatment?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/canara-rob-short-term-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b929.6028 as of 03 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9284 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.35%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91,000<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Suman Prasad, Avnish Jain<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Suman Prasad and Avnish Jain.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.39%<\/td>\n<td>-3.01%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.14%<\/td>\n<td>1.95%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>5.86%<\/td>\n<td>-4.4%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.11%<\/td>\n<td>5.74%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.04%<\/td>\n<td>6.27%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The short-term picture is mixed but acceptable. Over 1 month and 3 months, the fund has held up better than the benchmark, with the 1-month period especially showing a cleaner outcome than the index. That matters because debt funds often need to protect capital through brief stretches of market stress, and this fund has generally done that.<\/p>\n<p>The 1-year return is clearly stronger than the benchmark, which reinforces the view that the fund has navigated the recent period well. At the same time, the 5-year return is a touch below the benchmark, so the longer track record is not uniformly ahead. That gap is not large, but it does tell us that the fund has not always outpaced the broader comparison line through a full cycle.<\/p>\n<p>The 3-year figure sits above both the 1-year and 5-year marks, which suggests a relatively better middle stretch. Reading the pattern together, we see a fund that has been more resilient recently than the benchmark, while the longer horizon remains solid rather than exceptional. The time pattern also points to some unevenness along the way, which is consistent with a debt fund that can still move around when rates and credit conditions shift.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Canara_Rob_Short_Term\"><\/span>Should you BUY or HOLD Canara Rob Short Term?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Canara Rob Short Term? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/canara-rob-short-term-fund-g-direct-plan\">Canara Rob Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>5.86%<\/td>\n<td>7.11%<\/td>\n<td>6.04%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-ultra-short-term-fund-g-direct-plan\">Tata Ultra Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>7.08%<\/td>\n<td>7.54%<\/td>\n<td>6.76%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-ultra-short-term-fund-g-direct-plan\">Aditya Birla SL Ultra Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.77%<\/td>\n<td>7.53%<\/td>\n<td>6.74%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-short-term-fund-g-direct-plan\">ICICI Pru Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.65%<\/td>\n<td>7.89%<\/td>\n<td>7.18%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-short-term-fund-g-direct-plan\">Axis Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.31%<\/td>\n<td>7.82%<\/td>\n<td>6.8%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/mahindra-manulife-short-term-fund-g-direct-plan\">Mahindra Manulife Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.29%<\/td>\n<td>7.81%<\/td>\n<td>6.64%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On the latest 1-year figure, this fund trails every peer listed here, so the recent return picture is more restrained than the group around it. The longer view is more balanced: its 3-year return is below the stronger peer figures, while its 5-year return is also below the better peer outcomes but still sits in a workable range for a debt scheme.<\/p>\n<p>That split matters. The recent return pattern says the fund has not matched the sharper short-term results shown by the peer set, but the 3-year and 5-year numbers still show a reasonable compounding path. In other words, the fund looks more measured than standout on recent performance, while the longer record remains respectable enough for investors who prefer consistency over the strongest headline number.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>7.74% Hindustan Petroleum Corporation Ltd (02\/03\/2028) **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.84%<\/td>\n<\/tr>\n<tr>\n<td>7.25% Export-Import Bank of India (01\/02\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.8%<\/td>\n<\/tr>\n<tr>\n<td>7.50% Grasim Industries Ltd (10\/06\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.8%<\/td>\n<\/tr>\n<tr>\n<td>7.59% REC Ltd (31\/05\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.8%<\/td>\n<\/tr>\n<tr>\n<td>7.75% Sundaram Finance Ltd (11\/12\/2026) **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.8%<\/td>\n<\/tr>\n<tr>\n<td>7.02% Bajaj Housing Finance Ltd (26\/05\/2028) **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.68%<\/td>\n<\/tr>\n<tr>\n<td>7.11% Bajaj Finance Ltd (10\/07\/2028) **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.66%<\/td>\n<\/tr>\n<tr>\n<td>Axis Bank Ltd (07\/12\/2026) ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>8.64%<\/td>\n<\/tr>\n<tr>\n<td>7.20% Power Grid Corporation of India Ltd (09\/08\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>7.03%<\/td>\n<\/tr>\n<tr>\n<td>6.28% GOI 2032 (14-Jul-2032)<\/td>\n<td>Government Securities<\/td>\n<td>5.17%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 7.74% Hindustan Petroleum Corporation Ltd, at 8.84% of the portfolio. The tenth holding is still meaningful at 5.17%, so the weight drop from the top name to the end of this disclosed set is not dramatic. That suggests the fund is not dependent on a single position alone, even though the largest names still carry noticeable influence.<\/p>\n<p>The top 10 holdings account for approximately 82.22% of the portfolio. With 18 disclosed holdings overall, the portfolio appears fairly concentrated in a smaller cluster of credit positions rather than spread evenly across a very long tail. That structure may help keep the fund focused, but it also means individual holdings could have a visible effect on returns if credit conditions move against any one issue.<\/p>\n<p>Most of the disclosed holdings sit in corporate debt, with a certificate of deposit and one government security also present. Our view is that this mix may support a balance between income generation and liquidity, while the weight pattern still leaves the fund sensitive to issuer-specific outcomes in the larger positions.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/canara-rob-short-term-fund-g-direct-plan\">Canara Rob Short Term Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who are comfortable with a balanced-risk debt allocation and want a horizon long enough to let the compounding pattern work through short periods of unevenness. The 1-year return is better than the benchmark, but the 5-year return sits slightly below it, so the trade-off is between recent resilience and a longer record that is solid rather than clearly ahead.<\/p>\n<p>It may fit investors who prefer a portfolio backed by corporate debt, CDs and government securities rather than a very short-term cash substitute. The main acceptance point is that returns can vary around the trend, so this is better viewed as a measured debt holding for patient investors than as a smooth, always-leading performer.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Canara_Rob_Short_Term_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Canara Rob Short Term Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b929.6028 as of 03 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_1-year_3-year_and_5-year_returns\"><\/span>What are the 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 1-year return is 5.86%, the 3-year return is 7.11%, and the 5-year return is 6.04%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_its_benchmark\"><\/span>How does the fund compare with its benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is ahead of the benchmark over 1 year and 3 years, but slightly behind over 5 years. It also holds up better than the benchmark over the 1-month and 3-month periods.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_peer_funds_listed_here\"><\/span>How does it compare with the peer funds listed here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund trails the listed peer funds on the 1-year figure and also sits below the stronger peer numbers on 3-year and 5-year returns. The gap is smaller on the longer horizon than in the recent one-year period.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_fund_manager_set\"><\/span>What is the fund manager set?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Suman Prasad and Avnish Jain.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_exit_load_and_tax_treatment\"><\/span>What is the exit load and tax treatment?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There is no exit load. Units held for less than 1 year are taxed at 20% as short-term capital gains, while units held for more than 1 year are taxed at 12.5% as long-term capital gains.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Canara Rob Short Term Fund Direct Growth Plan shows a recent performance profile that is stronger than its benchmark, even though the longer 5-year picture is a little softer than the benchmark. Against the listed peer funds, its return numbers are more restrained, but the gap is not extreme for a debt scheme.<\/p>\n<p>The portfolio is built around a concentrated set of credit positions, with corporate debt dominating the disclosed holdings. That makes the fund suitable for investors who accept balanced risk and want a patient debt allocation where recent steadiness matters, but the strongest headline returns are not the main attraction.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 4 September 2026 at 3:12 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Canara Rob Short Term Fund Direct Growth Plan\",\"identifier\":\"canara-rob-short-term-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":29.6028,\"valueReference\":\"as of 03 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"284 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.35\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":5.86},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.11},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.04},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Suman Prasad, Avnish Jain\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Canara Rob Short Term Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b929.6028 as of 03 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year return is 5.86%, the 3-year return is 7.11%, and the 5-year return is 6.04%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is ahead of the benchmark over 1 year and 3 years, but slightly behind over 5 years. It also holds up better than the benchmark over the 1-month and 3-month periods.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund trails the listed peer funds on the 1-year figure and also sits below the stronger peer numbers on 3-year and 5-year returns. The gap is smaller on the longer horizon than in the recent one-year period.\"}},{\"@type\":\"Question\",\"name\":\"What is the fund manager set?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Suman Prasad and Avnish Jain.\"}},{\"@type\":\"Question\",\"name\":\"What is the exit load and tax treatment?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no exit load. Units held for less than 1 year are taxed at 20% as short-term capital gains, while units held for more than 1 year are taxed at 12.5% as long-term capital gains.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canara Rob Short Term Fund Direct Growth Plan has a NAV of \u20b929.6028 as of 03 Sep 2026, with 1Y\/3Y\/5Y returns of 5.86%, 7.11% and 6.04%.<\/p>\n","protected":false},"author":29,"featured_media":231930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-231931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["231930"],"rank_math_title":["Canara Rob Short Term Fund NAV, Returns &amp; Review"],"rank_math_description":["Canara Rob Short Term Fund Direct Growth Plan NAV is \u20b929.6028 as of 03 Sep 2026; 1Y return is 5.86% and 5Y return is 6.04%."],"rank_math_focus_keyword":["Canara Rob Short Term Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Canara_Rob_Short_Term_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/231931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=231931"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/231931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/231930"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=231931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=231931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=231931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}