Canara Robeco Savings Fund Turns ₹10,000 SIP into ₹56 Lakh in 21 Years

• A ₹10,000 monthly SIP in Canara Robeco Savings Fund grew to ₹56.46 lakh over 21 years, with a total investment of ₹25.2 lakh.
• The scheme, an open-ended low-duration debt fund, achieved an extended internal rate of return (XIRR) of 7.09%.
• As of February 28, the fund's assets under management (AUM) stood at ₹1,353 crore.
• The fund delivered a CAGR of 7.29% since inception, outperforming its benchmark CRISIL Low Duration Debt A-I Index (7.21%).
• Investors should assess risk appetite and read scheme documents, as low-duration debt funds are subject to interest rate, credit, and liquidity risks.