Canara Robeco Infrastructure Fund Direct Growth

Equity
Direct
Equity - Infrastructure
Canara Robeco Infrastructure Fund Direct Growth

About the Fund

Canara Robeco Infrastructure Fund Direct Growth 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 Infrastructure Fund Direct Growth has ₹694 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.1.

Returns

Canara Robeco Infrastructure Fund Direct Growth has given a CAGR return of 19.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 71.77%, 38.48% and 29.61% respectively.

Holdings

Canara Robeco Infrastructure Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Utilities, Energy, Financial Services, Tech, Basic Materials, Real Estate, Consumer Cyclical, Communication. Its top holdings are Larsen & Toubro Ltd, NTPC Ltd, Bharat Electronics Ltd, Power Grid Corp Of India Ltd, Siemens Ltd

Taxation

As it is a equity - infrastructure 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Canara Robeco Infrastructure Fund Direct Growth

To generate income/capital appreciation by investing in equities and equity related instruments of companies in the infrastructure sector. 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 Infrastructure Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
648 people have invested ₹ 1.9Cr in Canara Robeco Infrastructure Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
IND ranking is not available for this fund.
img
5Y returns in the top 25% of the category
img
Beats FD returns for both 3Y & 5Y duration
img
No bad points found for this fund.

Fund Overview

Expense ratio1.07%
Benchmark
S&P BSE 500 India TR INR
AUM₹694 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
31.13%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 93.9%

  • Debt & Cash 6.1%

Large cap
45.7%

Small cap
25.6%

Mid cap
22.6%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
59.1%
Utilities
10.2%
Energy
6.6%
Financial Services
6.2%
Tech
5.8%
Basic Materials
5.7%
Real Estate
2.8%
Consumer Cyclical
2.6%
Communication
1.1%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Shridatta Bhandwaldar
Shridatta Bhandwaldar
Fund Manager of Canara Robeco Infrastructure Fund Direct Growth, since 29 September 2018
Vishal Mishra
Vishal Mishra
Fund Manager of Canara Robeco Infrastructure Fund Direct Growth, since 26 June 2021

Mutual Fund Insights

Insights icon
In the last 1 year, LIC MF Infrastructure Fund Direct Plan Growth Option has given 86.43% return, outperforming this fund by 14.66%.
Insights icon
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 40.11% return, outperforming this fund by 1.63% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 1.07% which is lower than the category average expense ratio of 1.56%.
Insights icon
Over the last 15 months, this fund has decreased expense ratio by 18.9% moving from 1.32 to 1.07.
Insights icon
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 39.08% return, outperforming this fund by 9.47% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 78.8% growth in AUM moving from 388.3 Cr to 694.35 Cr.

Canara Robeco Infrastructure Fund Direct Growth 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 19.45% since inception which is more than its category average return of 14.85%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.92% in Equity, 0% in Debt and 6.08% in Cash related instruments
AUM size ₹694 Cr

AUM size ₹694 Cr

This fund has AUM of ₹694 Cr which is less than its category average of ₹ 1628 Cr
Expense Ratio 1.07%

Expense Ratio 1.07%

This fund has an expense ratio of 1.07% which is less than its category average expense ratio of 1.72%

Frequently Asked Questions

The current NAV of Canara Robeco Infrastructure Fund Direct Growth is ₹177.07 as on 24-Jun-2024.
Existing (Absolute + CAGR) as on 24-Jun-2024.
Canara Robeco Infrastructure Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.93%
4.93%
6 Month Returns
40.09%
40.09%
1 Year Returns
71.77%
71.77%
3 Years Returns
165.55%
38.48%
5 Years Returns
265.79%
29.61%
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.
1.07% as on May 2024
₹694 Cr as on May 2024
Larsen & Toubro Ltd(6.81%), NTPC Ltd(5.64%), Bharat Electronics Ltd(4.47%), Power Grid Corp Of India Ltd(3.92%), Siemens Ltd(3.87%) as on May 2024
Industrial(55.46%), Utilities(9.56%), Energy(6.22%) as on May 2024
The alpha ratio for the Canara Robeco Infrastructure Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Canara Robeco Infrastructure Fund Direct Growth
26.05
16.62
9.01
As on May 2024
The alpha for Canara Robeco Infrastructure Fund Direct Growth is calculated against S&P BSE 500 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 Infrastructure Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Canara Robeco Infrastructure Fund Direct Growth
1.05
0.91
0.98
As on May 2024
The Beta for Canara Robeco Infrastructure Fund Direct Growth is calculated with S&P BSE 500 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 Infrastructure 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 Infrastructure Fund Direct Growth
3.34
1.9
1.07
As on May 2024
The sharpe ratio for Canara Robeco Infrastructure Fund Direct Growth is calculated with S&P BSE 500 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 Infrastructure 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 Infrastructure Fund Direct Growth
15.3
14.63
20.69
As on May 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 5.02 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.19 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Shridatta Bhandwaldar, Vishal Mishra are the fund managers of Canara Robeco Infrastructure Fund Direct Growth
The Exit load of Canara Robeco Infrastructure Fund Direct Growth is 1%