Canara Robeco Bluechip Equity Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 04-10-2024
₹ 71.41
1D
Inception Returns
16.4%
/yr
About the Fund
Canara Robeco Bluechip Equity Fund is a popular mutual fund scheme offered by Canara Robeco Mutual Fund, one of India's leading asset management companies. The fund invests primarily in large-cap companies with a proven track record of stable earnings and strong fundamentals. Large cap companies are well established firms in their respective fields like HUL in consumer and ONGC in fuels.The fund aims to provide long-term capital appreciation to investors by investing in high-quality blue-chip stocks across various sectors of the Indian economy. Canara Robeco Bluechip Equity Fund has been a favored investment option for those looking for a stable and reliable equity mutual fund in India.
Key Parameters
- Canara Robeco Bluechip Equity Fund Direct Growth has ₹14870 Cr worth of assets under management (AUM) as on Aug 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Canara Robeco Bluechip Equity Fund Direct Growth has given a CAGR return of 16.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.25%, 15.55% and 21.80% respectively.
Holdings
Canara Robeco Bluechip Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Health, Consumer Defensive, Energy, Communication, Basic Materials, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd
Taxation
As it is a large-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Canara Robeco Bluechip Equity Fund Direct Growth
The Investment Objective of the fund is to provide capital appreciation by predominantly investing in companies having a large market capitalization. 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 5000.00 and for SIP is INR 100.00. Canara Robeco Bluechip Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank
Fund Overview
| Expense ratio | 0.45% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹14870 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 21.14% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (04-Oct-24)
Fund Distribution
as on (31-Aug-24)
- This fund’s returns stands at 1.82% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.83% as on Aug'24
- This fund outperformed Nifty 100 by 0.99% in Aug'24
- AUM of the fund stands at 14.9K Cr as of Aug'24
- AUM increased by 344.3 Cr between Aug'24 and Jul'24
Top 3 Sectors in August were Financial Services, Consumer Cyclical & Tech
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.73% | 5.2% | |
 ICICI Bank Ltd | 7.57% | 1.1% | |
 Reliance Industries Ltd | 5.43% | -1.8% | |
 Infosys Ltd | 5.23% | 0% | |
 Bharti Airtel Ltd | 4.23% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Bharti Airtel Ltd | 6.1% |
 HDFC Bank Ltd | 0.7% |
 ICICI Bank Ltd | 0.3% |
Mutual Fund Insights
Canara Robeco Bluechip Equity Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.45%
Frequently Asked Questions
Canara Robeco Bluechip Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.21% | -0.21% |
6 Month Returns | 14.97% | 14.97% |
1 Year Returns | 37.25% | 37.25% |
3 Years Returns | 54.3% | 15.55% |
5 Years Returns | 168.06% | 21.8% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco Bluechip Equity Fund Direct Growth | 4.3 | 0.96 | 3 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco Bluechip Equity Fund Direct Growth | 0.89 | 0.9 | 0.86 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Canara Robeco Bluechip Equity Fund Direct Growth | 2.85 | 0.92 | 1 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Canara Robeco Bluechip Equity Fund Direct Growth | 9.62 | 11.44 | 16.04 |