Canara Robeco Focused Fund Direct Growth

Canara Robeco Focused Fund Direct Growth is an equity fund. This fund was started on 17 May, 2021. The fund is managed by Shridatta Bhandwaldar. The fund could potentially beat inflation in the long-run.

1. Canara Robeco Focused Fund Direct Growth has ₹2616 Cr worth of assets under management (AUM) as on May 2025 and is more than category average.
2. The fund has an expense ratio 0.5.
   

Canara Robeco Focused Fund Direct Growth has given a CAGR return of 20.27% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 12.91% and 24.72% respectively.

Canara Robeco Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Industrial, Tech, Basic Materials, Consumer Defensive, Communication, Energy, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Bharti Airtel Ltd, Infosys Ltd, Larsen & Toubro Ltd

As it is a focused fund 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.

The investment objective of the scheme is to generate long term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies. However, there can be no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Canara Robeco Focused Fund Direct Growth has no lock in period.