Canara Robeco Focused Equity Fund Direct Growth
About the Fund
Canara Robeco Focused Equity Fund Direct Growth is an equity fund. This fund was started on 17 May, 2021. The fund is managed by Shridatta Bhandwaldar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Canara Robeco Focused Equity Fund Direct Growth has ₹2431 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Canara Robeco Focused Equity Fund Direct Growth has given a CAGR return of 23.01% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 35.03% and 20.35% respectively.
Holdings
Canara Robeco Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Health, Energy, Communication, Utilities, Consumer Defensive. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Trent Ltd, Bharti Airtel Ltd
Taxation
As it is a focused fund 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 Focused Equity Fund Direct Growth
The investment objective of the scheme is to generate long term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies. 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 Focused Equity Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 0.47% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2431 Cr |
| Inception Date | 17 May, 2021 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 44.36% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.26% | 0% | |
 HDFC Bank Ltd | 7.5% | 0% | |
 Reliance Industries Ltd | 5.25% | -10.9% | |
 Trent Ltd | 5.09% | 0% | |
 Bharti Airtel Ltd | 4.45% | -6.3% |
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Max Healthcare Institute Ltd | 4.2% |
Canara Robeco Focused Equity Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2431 Cr
Expense Ratio 0.47%
Frequently Asked Questions
Canara Robeco Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.82% | 2.82% |
6 Month Returns | 17.84% | 17.84% |
1 Year Returns | 35.03% | 35.03% |
3 Years Returns | 74.32% | 20.35% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco Focused Equity Fund Direct Growth | 0.64 | 2.84 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco Focused Equity Fund Direct Growth | 0.9 | 0.86 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Canara Robeco Focused Equity Fund Direct Growth | 2.27 | 1.21 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Canara Robeco Focused Equity Fund Direct Growth | 10.76 | 12.04 | - |