Canara Robeco Bluechip Equity Fund Direct Plan Growth
Equity
Direct
Large-Cap
NAV: ₹ 45.7 as on 31-03-2023
Fund Performance
20367 people have invested ₹ 12.5Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 7.45% return, outperforming Canara Robeco Bluechip Equity Fund Direct Plan Growth by 6.21%
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 31.83% return, outperforming Canara Robeco Bluechip Equity Fund Direct Plan Growth by 6.31% per annum
In the last 5 years, Canara Robeco Bluechip Equity Fund Direct Plan Growth has outperformed all funds in its category
Over the last 1 month, Canara Robeco Bluechip Equity Fund Direct Plan Growth has increased expense ratio by 14.3% moving from 0.42 to 0.48
Canara Robeco Bluechip Equity Fund Direct Plan Growth expense ratio is slightly on the lower side within the category (large-cap). Its expense ratio is 0.48% which is lower than the category average expense ratio of 1.15%
Over the last 6 months, Canara Robeco Bluechip Equity Fund Direct Plan Growth has experienced a 7.7% growth in AUM moving from 8.05K Cr to 8.67K Cr
INDmoney Rank
Powered by IND quant engine
1
/19
59% Performance
85% Risk Management
100% Cost
1 out of 19 among large-cap
Pros
Generated Consistent Returns
Consistently beats benchmark
Lower volatility within category
Cons
No bad points found for this fund.
Canara Robeco Bluechip Equity Fund Direct Plan Growth Performance as on (31-Mar-23)
About the Fund
Canara Robeco Bluechip Equity Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Shridatta Bhandwaldar, Vishal Mishra. The fund could potentially beat inflation in the long-run.
Key parameters
1) Canara Robeco Bluechip Equity Fund Direct Plan Growth has a NAV of ₹45.66 as on 31-03-2023.
2) Canara Robeco Bluechip Equity Fund Direct Plan Growth has ₹8673 Cr worth of assets under management (AUM) as on 28-02-2023 and is more than category average.
3) The fund has an expense ratio 0.48 %.
Canara Robeco Bluechip Equity Fund Direct Plan Growth Overview
 | 0.48% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹8673 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 44.06% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
89.9%
Mid cap
6.4%
Sector Allocation
Financial Services
37.6%
Tech
12.9%
Consumer Cyclical
10.2%
Consumer Defensive
9.5%
Energy
6.7%
Industrial
6.6%
Basic Materials
5.6%
Health
5.1%
Communication
3.3%
Utilities
2.5%
Top Holdings of Canara Robeco Bluechip Equity Fund Direct Plan Growth as on (31-Mar-23)
Equity Holdings45
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 HDFC Bank Ltd | 9.73% | 0% | |
 ICICI Bank Ltd | 8.38% | 0% | |
 Infosys Ltd | 7% | 1.2% | |
 Reliance Industries Ltd | 6.49% | 5.4% | |
 State Bank of India | 3.95% | 0% |
See all
Canara Robeco Bluechip Equity Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -1.09% whereas the fund’s underlying benchmark Nifty 100 returns stands at -2.47% as on Feb'23
- This fund outperformed Nifty 100 by 1.38% in Feb'23
AUM Change
- AUM of the fund stands at 8.7K Cr as of Feb'23
- AUM increased by 30.8 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Housing Development Finance Corp Ltd's allocation increased from 0.74% to 1.95%
HCL Technologies Ltd's allocation increased from 0.49% to 1.31%
Tata Motors Ltd's allocation increased from 0.63% to 1.23%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.91 % to 9.79 %
ICICI Bank Ltd's allocation decreased from 8.74 % to 8.19 %
State Bank of India's allocation decreased from 4.64 % to 4.2 %
Cash allocation has gone down from 4% to 3.8%
Top 3 Sectors in February were Financial Services, Tech & Consumer Cyclical
Feb'23
Financial Services
38%
Tech
13%
Consumer Cyclical
10%
Jan'23
Financial Services
38%
Tech
13%
Consumer Cyclical
11%
Gainers & Losers in Canara Robeco Bluechip Equity Fund Direct Plan Growth portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
 ABB India Ltd | 15.4% |
 Bajaj Finance Ltd | 5.1% |
 ITC Ltd | 4.2% |
Top Losers | 1M Return |
|---|---|
 Tata Steel Ltd | -14.8% |
 Infosys Ltd | -4.1% |
 HDFC Bank Ltd | -1.7% |
Peer Analysis
Canara Robeco Bluechip Equity Fund Direct Plan Growth Fund Manager
Shridatta Bhandwaldar
Fund Manager of Canara Robeco Bluechip Equity Fund Direct Plan Growth, since 5 July 2016
Top funds managed
Vishal Mishra
Fund Manager of Canara Robeco Bluechip Equity Fund Direct Plan Growth, since 1 June 2021
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.92% since inception which is more than its category average return of 10.92%
Fund Allocations
This fund has an allocation of 96.24% in Equity, 0% in Debt and 3.76% in Cash related instruments
AUM size ₹8673 Cr
This fund has AUM of ₹8673 Cr which is more than its category average of ₹ 4668 Cr
Expense Ratio 0.48%
This fund has an expense ratio of 0.48% which is less than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of Canara Robeco Bluechip Equity Fund Direct Plan Growth is 45 as on 29-Mar-2023.
Existing (Absolute + CAGR)
Canara Robeco Bluechip Equity Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.16% | -1.16% |
6 Month Returns | 1.53% | 1.53% |
1 Year Returns | 0.67% | 0.67% |
3 Years Returns | 94.64% | 24.86% |
5 Years Returns | 94.97% | 14.29% |
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0.48 as on March 2023
8673 Cr as on March 2023
HDFC Bank Ltd(9.73%),ICICI Bank Ltd(8.38%),Infosys Ltd(7%),Reliance Industries Ltd(6.49%),State Bank of India(3.95%) as on March 2023
Financial Services(36.16%),Tech(12.37%),Consumer Cyclical(9.82%) as on March 2023
The alpha ratio for the Canara Robeco Bluechip Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco Bluechip Equity Fund Direct Plan Growth | -1.62 | 0.46 | 2.78 |
As on March 2023
The alpha for Canara Robeco Bluechip Equity Fund Direct Plan Growth is calculated against S&P BSE 100 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%.
The Beta ratio for the Canara Robeco Bluechip Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco Bluechip Equity Fund Direct Plan Growth | 0.84 | 0.88 | 0.87 |
As on March 2023
The Beta for Canara Robeco Bluechip Equity Fund Direct Plan Growth is calculated with S&P BSE 100 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.
The sharpe ratio for the Canara Robeco Bluechip Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Canara Robeco Bluechip Equity Fund Direct Plan Growth | -0.11 | 0.67 | 0.56 |
As on March 2023
The sharpe ratio for Canara Robeco Bluechip Equity Fund Direct Plan Growth is calculated with S&P BSE 100 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.
The standard deviation for the Canara Robeco Bluechip Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Canara Robeco Bluechip Equity Fund Direct Plan Growth | 13.78 | 19.51 | 16.96 |
As on March 2023
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.
Sortino ratio is 0.99 as on March 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shridatta Bhandwaldar,Vishal Mishra are the fund managers of Canara Robeco Bluechip Equity Fund Direct Plan Growth
The Exit load of Canara Robeco Bluechip Equity Fund Direct Plan Growth is 1%