Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl

Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl

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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 74.58 as on 21-05-2024

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 Shridatta Bhandwaldar, Vishal Mishra. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl has ₹7761 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.
Fund Performance
zero opening, trading, fund transfer fee
53 people have invested ₹ 1.3L in Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.58%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹7761 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
24.46%

Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 96.2%

  • Debt & Cash 3.8%

Size breakup

Large cap
69.5%
Mid cap
15.4%
Small cap
11.3%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
30.7%
Industrial
13.7%
Consumer Cyclical
13.4%
Tech
10%
Energy
6.8%
Basic Materials
6.5%
Consumer Defensive
6.3%
Health
5.2%
Communication
3.3%
Utilities
3%
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

Equity Holdings69

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
3.18%
1.21%
1.91%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 3.18% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 0.71% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 7.5K Cr
₹ 7.5K Cr
₹ 7.3K Cr
  • AUM of the fund stands at 7.5K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Shridatta Bhandwaldar
Shridatta Bhandwaldar
Fund Manager of Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl, since 1 October 2019
Vishal Mishra
Vishal Mishra
Fund Manager of Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl, since 26 June 2021

Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl 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 16.04% since inception which is more than its category average return of 15.87%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.21% in Equity, 0% in Debt and 3.79% in Cash related instruments
AUM size ₹7761 Cr

AUM size ₹7761 Cr

This fund has AUM of ₹7761 Cr which is more than its category average of ₹ 3661 Cr
Expense Ratio 0.58%

Expense Ratio 0.58%

This fund has an expense ratio of 0.58% 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 ₹74.58 as on 21-May-2024.
Existing (Absolute + CAGR) as on 21-May-2024.
Canara Robeco ELSS Tax Saver Direct Plan Payout of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.09%
5.09%
6 Month Returns
18.69%
18.69%
1 Year Returns
33.5%
33.5%
3 Years Returns
65.18%
18.21%
5 Years Returns
141.35%
19.27%
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0.58% as on April 2024
₹7761 Cr as on April 2024
HDFC Bank Ltd(6.64%), ICICI Bank Ltd(5.97%), Reliance Industries Ltd(4.46%), Infosys Ltd(4.05%), Larsen & Toubro Ltd(3.08%) as on April 2024
Financial Services(29.51%), Industrial(13.2%), Consumer Cyclical(12.86%) 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.
Shridatta Bhandwaldar, Vishal Mishra 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%