Canara Robeco Bluechip Equity Fund Direct Plan Growth

Canara Robeco Bluechip Equity Fund Direct Plan Growth

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Equity
Direct
Large-Cap
NAV: ₹ 62.31 as on 12-04-2024
Fund Performance
zero opening, trading, fund transfer fee
26200 people have invested ₹ 17.2Cr in Canara Robeco Bluechip Equity Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 27.91% return, outperforming this fund by 9.44% per annum.
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In the last 5 years, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 19.48% return, outperforming this fund by 0.5% per annum.
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Over the last 15 months, this fund has increased expense ratio by 14.3% moving from 0.42 to 0.48.
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Over the last 6 months, this fund has experienced a 21.6% growth in AUM moving from 10.33K Cr to 12.56K Cr.
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In the last 1 year, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 45.68% return, outperforming this fund by 12.23%.
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This fund 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 0.79%.

INDmoney Rank of Canara Robeco Bluechip Equity Fund Direct Plan Growth

Powered by IND quant engine
4
/19
50% Performance
73% Risk Management
100% Cost
4 out of 19 among large-cap

Pros

Lower volatility within category
Recovers losses quickly
5Y returns in the top 25% of the category

Cons

No bad points found for this fund.

About the Canara Robeco Bluechip Equity Fund Direct Plan Growth

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

  1. Canara Robeco Bluechip Equity Fund Direct Plan Growth has ₹12566 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.

Canara Robeco Bluechip Equity Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.48%
Benchmark
Benchmark
S&P BSE 100 India TR INR
AUM
AUM
₹12566 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
26.84%

Canara Robeco Bluechip Equity Fund Direct Plan Growth Distribution as on (31-Mar-24)

  • Equity 96.6%

  • Debt & Cash 3.4%

Size breakup

Large cap
90.1%
Mid cap
6.5%
Sector Allocation

Mar'24

Feb'24

Jan'24

Financial Services
30.4%
Consumer Cyclical
13.4%
Industrial
11.9%
Tech
10.3%
Health
8.8%
Consumer Defensive
7.2%
Energy
7%
Communication
4.7%
Basic Materials
3.4%
Utilities
3%

Top Holdings of Canara Robeco Bluechip Equity Fund Direct Plan Growth as on (31-Mar-24)

  • Equity

Equity Holdings52

Canara Robeco Bluechip Equity Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Jan'24 and Mar'24
Fund Performance
Mar'24
Feb'24
Jan'24
Fund Returns
2.45%
2.39%
0.91%
Nifty 100
0.26%
2.21%
0.53%
  • This fund’s returns stands at 2.45% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.26% as on Mar'24
  • This fund outperformed Nifty 100 by 2.19% in Mar'24
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 12.6K Cr
₹ 12.2K Cr
₹ 11.8K Cr
  • AUM of the fund stands at 12.6K Cr as of Mar'24
  • AUM increased by 380.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Gainers & Losers in Canara Robeco Bluechip Equity Fund Direct Plan Growth portfolio Returns for the month of Mar

Canara Robeco Bluechip Equity Fund Direct Plan Growth Fund Manager

Vishal Mishra
Vishal Mishra
Fund Manager of Canara Robeco Bluechip Equity Fund Direct Plan Growth, since 1 June 2021
Shridatta Bhandwaldar
Shridatta Bhandwaldar
Fund Manager of Canara Robeco Bluechip Equity Fund Direct Plan Growth, since 5 July 2016

Canara Robeco Bluechip Equity Fund Direct Plan Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.71% since inception which is more than its category average return of 13.58%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.61% in Equity, 0% in Debt and 3.39% in Cash related instruments
AUM size ₹12566 Cr

AUM size ₹12566 Cr

This fund has AUM of ₹12566 Cr which is more than its category average of ₹ 6042 Cr
Expense Ratio 0.48%

Expense Ratio 0.48%

This fund has an expense ratio of 0.48% which is less than its category average expense ratio of 1.33%

Frequently Asked Questions

The current NAV of Canara Robeco Bluechip Equity Fund Direct Plan Growth is ₹62.31 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Canara Robeco Bluechip Equity Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.45%
2.45%
6 Month Returns
17.43%
17.43%
1 Year Returns
33.45%
33.45%
3 Years Returns
66.29%
18.47%
5 Years Returns
138.46%
18.98%
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0.48% as on March 2024
₹12566 Cr as on March 2024
HDFC Bank Ltd(7.77%), ICICI Bank Ltd(7.31%), Reliance Industries Ltd(6.74%), Larsen & Toubro Ltd(5.1%), Infosys Ltd(4.26%) as on March 2024
Financial Services(29.37%), Consumer Cyclical(12.99%), Industrial(11.48%) as on March 2024
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
2.61
0.61
3.35
As on March 2024
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
0.91
0.89
0.86
As on March 2024
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
2.5
0.96
0.83
As on March 2024
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
9.54
11.75
16.23
As on March 2024
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 1.82 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Vishal Mishra, Shridatta Bhandwaldar 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%