Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 73.31 as on 03-05-2024
About the Fund
Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl 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
- Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl has ₹7500 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Fund Performance
67 people have invested ₹ 2.5L in Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl in the last three months
Overview
 | 0.62% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹7500 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 24.46% |
Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
71.5%
Mid cap
13.5%
Small cap
10.3%
Sector Allocation
Financial Services
30.6%
Industrial
13.1%
Consumer Cyclical
13.1%
Tech
10.1%
Energy
6.9%
Consumer Defensive
6.5%
Health
6.4%
Basic Materials
5.9%
Communication
3.3%
Utilities
2.9%
Real Estate
1.1%
Top Holdings of Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl as on (30-Apr-24)
Equity Holdings66
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.54% | 1.5% | |
 ICICI Bank Ltd | 5.87% | 0% | |
 Reliance Industries Ltd | 4.48% | 0% | |
 Infosys Ltd | 4.42% | 0% | |
 Larsen & Toubro Ltd | 3.08% | 5.1% |
See all
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 7.4% |
 ICICI Bank Ltd | 5.9% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.21% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.67% in Mar'24
AUM Change
- AUM of the fund stands at 7.3K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Vishal Mishra
Fund Manager of Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl, since 26 June 2021
Top funds managed
Shridatta Bhandwaldar
Fund Manager of Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl, since 1 October 2019
Top funds managed
Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl 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 15.94% since inception which is more than its category average return of 15.79%
Fund Allocations
This fund has an allocation of 95.32% in Equity, 0% in Debt and 4.68% in Cash related instruments
AUM size ₹7500 Cr
This fund has AUM of ₹7500 Cr which is more than its category average of ₹ 3525 Cr
Expense Ratio 0.62%
This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl is ₹73.31 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.83% | 1.83% |
6 Month Returns | 21.19% | 21.19% |
1 Year Returns | 33.76% | 33.76% |
3 Years Returns | 68.96% | 19.11% |
5 Years Returns | 138.28% | 18.96% |
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0.62% as on April 2024
₹7500 Cr as on April 2024
HDFC Bank Ltd(6.54%), ICICI Bank Ltd(5.87%), Reliance Industries Ltd(4.48%), Infosys Ltd(4.42%), Larsen & Toubro Ltd(3.08%) as on April 2024
Financial Services(29.17%), Industrial(12.52%), Consumer Cyclical(12.51%) as on April 2024
The alpha ratio for the Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl | -1.62 | 0.12 | 1.72 |
As on April 2024
The alpha for Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl is calculated against S&P BSE 200 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 ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl | 0.94 | 0.92 | 0.91 |
As on April 2024
The Beta for Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl is calculated with S&P BSE 200 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 ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl 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 Direct Plan Payout of Income Dist cum Cap Wdrl | 2.34 | 1.05 | 0.75 |
As on April 2024
The sharpe ratio for Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl is calculated with S&P BSE 200 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 ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl 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 Direct Plan Payout of Income Dist cum Cap Wdrl | 10.02 | 12.5 | 18.85 |
As on April 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 2.06 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Vishal Mishra, Shridatta Bhandwaldar are the fund managers of Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl
The Exit load of Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl is 0%