Canara Robeco Emerging Equities Fund Direct Growth
Equity
Direct
Large & Mid-Cap
About the Fund
Canara Robeco Emerging Equities Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Shridatta Bhandwaldar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Canara Robeco Emerging Equities Fund Direct Growth has ₹23824 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Canara Robeco Emerging Equities Fund Direct Growth has given a CAGR return of 22.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 39.17%, 19.43% and 24.23% respectively.
Holdings
Canara Robeco Emerging Equities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Health, Basic Materials, Tech, Consumer Defensive, Communication, Utilities, Real Estate, Energy. Its top holdings are ICICI Bank Ltd, UNO Minda Ltd, Bharat Electronics Ltd, Trent Ltd, Indian Hotels Co Ltd
Taxation
As it is a large & mid-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 Emerging Equities Fund Direct Growth
To generate capital appreciation by investing in a diversified portfolio of large and mid-cap stocks. 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 1000.00. Canara Robeco Emerging Equities Fund Direct Growth has no lock in period.
Fund Performance
9840 people have invested ₹ 8.7Cr in Canara Robeco Emerging Equities Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
15
/21
51% Performance
40% Risk Management
80% Cost
15 out of 21 among large & mid-cap
Larger AUM within category
Beats FD returns for both 3Y & 5Y
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 0.55% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹23824 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 18.87% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
47.9%
Mid cap
36.8%
Small cap
12.7%
Sector Allocation
Consumer Cyclical
32.2%
Financial Services
19.2%
Industrial
14.7%
Health
10.1%
Basic Materials
8.1%
Tech
7.6%
Consumer Defensive
2.6%
Communication
2.6%
Utilities
1.4%
Real Estate
1.1%
Energy
0.6%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 6.31% | 2.7% | |
 UNO Minda Ltd | 4.5% | 0.5% | |
 Bharat Electronics Ltd | 4.33% | 6.4% | |
 Trent Ltd | 4.28% | 6.9% | |
 Indian Hotels Co Ltd | 3.68% | 5.6% |
See all
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Praj Industries Ltd | 3.1% |
Shridatta Bhandwaldar
Fund Manager of Canara Robeco Emerging Equities Fund Direct Growth, since 1 October 2019
Top funds managed
Mutual Fund Insights
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 63.99% return, outperforming this fund by 24.82%.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.57% return, outperforming this fund by 12.15% per annum.
Over the last 3 months, this fund has decreased expense ratio by 5.2% moving from 0.58 to 0.55.
Over the last 6 months, this fund has experienced a 19.7% growth in AUM moving from 19.90K Cr to 23.82K Cr.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.68% return, outperforming this fund by 7.46% per annum.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.55% which is lower than the category average expense ratio of 1.2%.
Canara Robeco Emerging Equities Fund Direct Growth 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 22.11% since inception which is more than its category average return of 17.98%
Fund Allocations
This fund has an allocation of 97.43% in Equity, 0% in Debt and 2.57% in Cash related instruments
AUM size ₹23824 Cr
This fund has AUM of ₹23824 Cr which is more than its category average of ₹ 7161 Cr
Expense Ratio 0.55%
This fund has an expense ratio of 0.55% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Canara Robeco Emerging Equities Fund Direct Growth is ₹278.2 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Canara Robeco Emerging Equities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.35% | 1.35% |
6 Month Returns | 23.89% | 23.89% |
1 Year Returns | 39.17% | 39.17% |
3 Years Returns | 70.35% | 19.43% |
5 Years Returns | 195.85% | 24.23% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.55% as on June 2024
₹23824 Cr as on June 2024
ICICI Bank Ltd(6.31%), UNO Minda Ltd(4.5%), Bharat Electronics Ltd(4.33%), Trent Ltd(4.28%), Indian Hotels Co Ltd(3.68%) as on June 2024
Consumer Cyclical(31.33%), Financial Services(18.71%), Industrial(14.36%) as on June 2024
The alpha ratio for the Canara Robeco Emerging Equities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco Emerging Equities Fund Direct Growth | 0.35 | -0.34 | 0.97 |
As on June 2024
The alpha for Canara Robeco Emerging Equities Fund Direct Growth 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 Emerging Equities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco Emerging Equities Fund Direct Growth | 0.93 | 0.9 | 0.91 |
As on June 2024
The Beta for Canara Robeco Emerging Equities Fund Direct Growth 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 Emerging Equities Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Canara Robeco Emerging Equities Fund Direct Growth | 2.44 | 1.11 | 0.91 |
As on June 2024
The sharpe ratio for Canara Robeco Emerging Equities Fund Direct Growth 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 Emerging Equities Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Canara Robeco Emerging Equities Fund Direct Growth | 11.9 | 12.7 | 18.65 |
As on June 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 2.21 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shridatta Bhandwaldar is the fund manager of Canara Robeco Emerging Equities Fund Direct Growth
The Exit load of Canara Robeco Emerging Equities Fund Direct Growth is 1%