Canara Robeco ELSS Tax Saver Fund Direct Growth

Canara Robeco ELSS Tax Saver Fund Direct Growth

Equity

Canara Robeco Mutual Fund

Elss (Tax Savings)

Get the latest NAV of Canara Robeco ELSS Tax Saver Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹189.82

▲0.7%1D

NAV as on 14 May 2025

16.13%/per year

Since Inception

Absolute Gain%

▲▼

7643 people have invested ₹ 2.4Cr in Canara Robeco ELSS Tax Saver Fund Direct Growth in the last three months

Canara Robeco ELSS Tax Saver Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (14-May-25)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
8.61%
8.42%
7.25%
3 Months
8.95%
9.05%
5.65%
6 Months
1.76%
2.44%
0.18%
1 Year
12.17%
8.78%
9.49%
3 Years
20.07%
18.65%
20.27%
5 Years
25.34%
24.52%
24.54%

Canara Robeco ELSS Tax Saver Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

8
/23
47% Performance
47% Risk Management
93% Cost

Ranked 8 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Canara Robeco ELSS Tax Saver Fund
8/23
8,516Cr
0.56%
12.17%
20.07%
16.13%
SBI Long Term Equity Fund Direct Growth
3/23
28,506Cr
0.94%
11.35%
29.14%
16.76%
DSP ELSS Tax Saver Fund Direct Growth
4/23
16,638Cr
0.72%
17.2%
24.39%
18.23%
Mirae Asset ELSS Tax Saver Fund Direct Growth
7/23
24,774Cr
0.6%
12.43%
20.22%
19.46%
See all
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Canara Robeco ELSS Tax Saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

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Profit

Total Corpus

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Canara Robeco ELSS Tax Saver Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 96.1%

Debt & Cash 3.9%

Large cap
72%
Mid cap
14%
Small cap
10.1%
Mid Cap allocation has gone down from 14.3% to 14%
Mid Cap allocation has gone down from 14.3% to 14%
Large Cap allocation has gone up from 71.4% to 72%
Large Cap allocation has gone up from 71.4% to 72%
Small Cap allocation has gone up from 10% to 10.1%
Small Cap allocation has gone up from 10% to 10.1%
Cash allocation has gone down from 4.3% to 3.9%
Cash allocation has gone down from 4.3% to 3.9%

Canara Robeco ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 96.1%

Debt & Cash 3.9%

Financial Services
28.6%
Consumer Cyclical
15.1%
Industrial
11.1%
Tech
9.5%
Basic Materials
6.9%
Health
6.8%
Consumer Defensive
6.8%
Energy
5.8%
Communication
4.1%
Utilities
3.8%
Real Estate
1.4%

Top 3 Sectors in April were Financial Services, Consumer Cyclical & Industrial

Apr'25

Financial Services

30%

Consumer Cyclical

15%

Industrial

11%

Mar'25

Financial Services

30%

Consumer Cyclical

15%

Industrial

12%

Canara Robeco ELSS Tax Saver Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
7.94%
1%
ICICI Bank Ltd
7.31%
0%
Reliance Industries Ltd
4.02%
1.7%
Infosys Ltd
3.72%
-4.5%
Bharti Airtel Ltd
3.54%
0%
See all
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 6.8% to 7.1%
ICICI Bank Ltd's allocation increased from 6.8% to 7.1%
Piramal Pharma Ltd's allocation increased from 0.47% to 0.75%
Piramal Pharma Ltd's allocation increased from 0.47% to 0.75%
Varun Beverages Ltd's allocation increased from 1.05% to 1.24%
Varun Beverages Ltd's allocation increased from 1.05% to 1.24%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.69 % to 7.68 %
HDFC Bank Ltd's allocation decreased from 7.69 % to 7.68 %
Infosys Ltd's allocation decreased from 4.84 % to 4.2 %
Infosys Ltd's allocation decreased from 4.84 % to 4.2 %
Bajaj Finance Ltd's allocation decreased from 2.74 % to 2.68 %
Bajaj Finance Ltd's allocation decreased from 2.74 % to 2.68 %

Canara Robeco ELSS Tax Saver Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.56%
Benchmark
BSE 500 India TR INR
AUM₹8516 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
32.31%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Canara Robeco ELSS Tax Saver Fund

Canara Robeco ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vishal Mishra, Shridatta Bhandwaldar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Canara Robeco ELSS Tax Saver Fund Direct Growth has ₹8516 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Canara Robeco ELSS Tax Saver Fund Direct Growth has given a CAGR return of 16.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.17%, 20.07% and 25.34% respectively.

Holdings

Canara Robeco ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Energy, Basic Materials, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Canara Robeco ELSS Tax Saver Fund Direct Growth

The Fund aims to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of the scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Canara Robeco ELSS Tax Saver Fund Direct Growth of 3 Years

Fund Manager

Vishal Mishra

Fund Manager of Canara Robeco ELSS Tax Saver Fund Direct Growth, since 26 June 2021

Shridatta Bhandwaldar

Fund Manager of Canara Robeco ELSS Tax Saver Fund Direct Growth, since 1 October 2019

Learn more about Canara Robeco Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 8.5K Cr
₹ 8.3K Cr
₹ 7.7K Cr
  • AUM of the fund stands at 8.5K Cr as of Apr'25
  • AUM increased by 239.4 Cr between Apr'25 and Mar'25

Compare Canara Robeco ELSS Tax Saver Fund

Canara Robeco ELSS Tax Saver Fund

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Axis ELSS Tax Saver Fund Direct Growth

Frequently Asked Questions for Canara Robeco ELSS Tax Saver Fund Direct Growth

What is the current NAV of Canara Robeco ELSS Tax Saver Fund Direct Growth?

The current NAV of Canara Robeco ELSS Tax Saver Fund Direct Growth is ₹189.82 as on 14-May-2025.

What are the average returns of Canara Robeco ELSS Tax Saver Fund Direct Growth?

Existing (Absolute + CAGR) as on 14-May-2025.
Canara Robeco ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.61%
8.61%
6 Month Returns
1.76%
1.76%
1 Year Returns
12.17%
12.17%
3 Years Returns
73.11%
20.07%

How do I invest in Canara Robeco ELSS Tax Saver Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Canara Robeco ELSS Tax Saver Fund Direct Growth?

0.56% as on April 2025

What is net assets under management (AUM) of Canara Robeco ELSS Tax Saver Fund Direct Growth?

₹8516 Cr as on April 2025

What are the top 5 holdings of Canara Robeco ELSS Tax Saver Fund Direct Growth?

HDFC Bank Ltd(7.94%), ICICI Bank Ltd(7.31%), Reliance Industries Ltd(4.02%), Infosys Ltd(3.72%), Bharti Airtel Ltd(3.54%) as on April 2025

What are the top 3 sectors that this Canara Robeco ELSS Tax Saver Fund Direct Growth has invested in?

Financial Services(28.53%), Consumer Cyclical(14.24%), Industrial(11.03%) as on April 2025

What is the alpha of Canara Robeco ELSS Tax Saver Fund Direct Growth?

The alpha ratio for the Canara Robeco ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Canara Robeco ELSS Tax Saver Fund Direct Growth
2.33
1.06
1.49
As on April 2025
The alpha for Canara Robeco ELSS Tax Saver Fund Direct Growth is calculated against BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of Canara Robeco ELSS Tax Saver Fund Direct Growth??

The Beta ratio for the Canara Robeco ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Canara Robeco ELSS Tax Saver Fund Direct Growth
0.97
0.93
0.9
As on April 2025
The Beta for Canara Robeco ELSS Tax Saver Fund Direct Growth is calculated with BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of Canara Robeco ELSS Tax Saver Fund Direct Growth?

The sharpe ratio for the Canara Robeco ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Canara Robeco ELSS Tax Saver Fund Direct Growth
0.15
0.66
1.23
As on April 2025
The sharpe ratio for Canara Robeco ELSS Tax Saver Fund Direct Growth is calculated with BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of Canara Robeco ELSS Tax Saver Fund Direct Growth?

The standard deviation for the Canara Robeco ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Canara Robeco ELSS Tax Saver Fund Direct Growth
16.18
13.96
13.79
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

What is the Sortino ratio of Canara Robeco ELSS Tax Saver Fund Direct Growth?

Sortino ratio is 1.09 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of Canara Robeco ELSS Tax Saver Fund Direct Growth?

Information ratio is 0.24 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

Who is the manager of Canara Robeco ELSS Tax Saver Fund Direct Growth?

Vishal Mishra, Shridatta Bhandwaldar are the fund managers of Canara Robeco ELSS Tax Saver Fund Direct Growth

What is the exit load of Canara Robeco ELSS Tax Saver Fund Direct Growth?

The Exit load of Canara Robeco ELSS Tax Saver Fund Direct Growth is 0%