Canara Robeco Equity Taxsaver Direct Plan Growth Option
Canara Robeco Equity Taxsaver Direct Plan Growth Option

Canara Robeco Equity Taxsaver Direct Plan Growth Option

Compare
Equity
Direct
Elss (Tax Savings)

NAV: ₹ 122.7 as on 30-01-2023

Fund Performance
zero opening, trading, fund transfer fee
12072 people have invested ₹ 5.5Cr in mutual fund in the last three months

Fund Insights

In the last 1 year, HDFC TaxSaver -Direct Plan - Growth Option has given 11.07% return, outperforming this fund by 11.02%

In the last 3 years, Quant Tax Plan Growth Option Direct Plan has given 35.77% return, outperforming this fund by 16.64%

In the last 5 years, Quant Tax Plan Growth Option Direct Plan has given 20.93% return, outperforming this fund by 6.57%

INDmoney Rank

Powered by IND quant engine
3
/23
61% Performance
53% Risk Management
93% Cost
3 out of 23 among elss (tax savings)
Pros
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
Cons
No bad points found for this fund.

Fund Performance as on (19-Jan-23)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-3.8%
-3.5%
3.2%
0%
19.1%
14.4%
Benchmark
-2.3%
2.2%
9.6%
-0.5%
15%
9.6%
Category
-3.3%
-3.1%
4.1%
0.7%
13.9%
8.5%
About the Fund

Canara Robeco Equity Taxsaver Direct Plan Growth Option 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 Equity Taxsaver Direct Plan Growth Option has a NAV of 122.74 as on 30-01-2023.

2) Canara Robeco Equity Taxsaver Direct Plan Growth Option has 4559 Cr worth of assets under management (AUM) as on 30-11-2022 and is more than category average.

3) The fund has an expense ratio 0.61 %.

Fund Overview

Expense ratio
Expense ratio
0.61%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹4559 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
57.14%

Fund Distribution as on (31-Dec-22)

  • Equity 96.5%
  • Debt & Cash 3.5%
Size breakup
Large cap
74.3%
Mid cap
20.4%
Small cap
1.8%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

35.4%

Consumer Cyclical

13.8%

Basic Materials

10%

Tech

9.8%

Industrial

9.8%

Health

6.2%

Consumer Defensive

5.2%

Energy

4.4%

Communication

2.2%

Real Estate

1.6%

Utilities

1.6%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings61
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 23.8 Cr in last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 4.6K Cr
Nov'22
₹ 4.6K Cr
Oct'22
₹ 4.4K Cr

Fund Returns vs Benchmark

Dec'22
2.27%
2.63%
Dec'22
3.71%
5.37%
Oct'22
3.71%
5.37%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
63
60
59
Top 5 Company Concentration
31.1%
31.2%
29.4%
Company having highest exposure
ICICI Bank Ltd (7.8%)
ICICI Bank Ltd (8.3%)
ICICI Bank Ltd (8.1%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
76.1%
75.6%
76%
Sector having highest exposure
Financial Services (34.1%)
Financial Services (33.5%)
Financial Services (32.3%)

Winners & Losers as on (31-Dec-22)

Fund Manager

Shridatta Bhandwaldar

Shridatta Bhandwaldar

Fund Manager of Canara Robeco Equity Taxsaver Direct Plan Growth Option, since 1 October 2019
Vishal Mishra

Vishal Mishra

Fund Manager of Canara Robeco Equity Taxsaver Direct Plan Growth Option, since 26 June 2021

AMC details

Fund House
Canara Robeco Asset Management Co. Ltd.
Total AUM
₹64.49K Cr
as on 31-Dec-2022
Address
Canara Robeco Asset Management Company Limited,Construction House, 4th Floor,,5 Walchand Hirachand Marg, Ballard Estate,
Phone
+912266585000
Email
crmf@canararobeco.com

Fund Highlights

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 15.06% since inception which is more than its category average return of 12.78%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.48% in Equity, 0% in Debt and 3.52% in Cash related instruments
AUM size ₹4559 Cr

AUM size ₹4559 Cr

This fund has AUM of ₹4559 Cr which is more than its category average of ₹ 2677 Cr
Expense Ratio 0.61%

Expense Ratio 0.61%

This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.56%

Frequently Asked Questions

The current NAV of Canara Robeco Equity Taxsaver Direct Plan Growth Option is 122.74 as on 30-Jan-2023.
Existing (Absolute + CAGR)
Canara Robeco Equity Taxsaver Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
-3.79%
-3.79%
6 Month Returns
3.19%
3.19%
1 Year Returns
0.05%
0.05%
3 Years Returns
69.06%
19.13%
5 Years Returns
95.6%
14.36%
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.
0.61 as on December 2022
4559 Cr as on December 2022
ICICI Bank Ltd(7.8%),HDFC Bank Ltd(7.79%),Infosys Ltd(6.47%),State Bank of India(4.84%),Reliance Industries Ltd(4.21%) as on December 2022
Financial Services(34.13%),Consumer Cyclical(13.34%),Basic Materials(9.69%) as on December 2022
The alpha ratio for the Canara Robeco Equity Taxsaver Direct Plan Growth Option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Canara Robeco Equity Taxsaver Direct Plan Growth Option
-3.52
4.43
3.92
As on December 2022
The alpha for Canara Robeco Equity Taxsaver Direct Plan Growth Option 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 Equity Taxsaver Direct Plan Growth Option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Canara Robeco Equity Taxsaver Direct Plan Growth Option
0.92
0.87
0.9
As on December 2022
The Beta for Canara Robeco Equity Taxsaver Direct Plan Growth Option 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 Equity Taxsaver Direct Plan Growth Option for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Canara Robeco Equity Taxsaver Direct Plan Growth Option
-0.17
0.84
0.61
As on December 2022
The sharpe ratio for Canara Robeco Equity Taxsaver Direct Plan Growth Option 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 Equity Taxsaver Direct Plan Growth Option for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Canara Robeco Equity Taxsaver Direct Plan Growth Option
15.32
20.56
18.4
As on December 2022
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 1.23 as on December 2022. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.54 as on December 2022. It tells the consistency of the fund in generating superior risk-adjusted performance
Shridatta Bhandwaldar,Vishal Mishra are the fund managers of Canara Robeco Equity Taxsaver Direct Plan Growth Option
The Exit load of Canara Robeco Equity Taxsaver Direct Plan Growth Option is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.