Canara Robeco Infrastructure Fund Direct Growth
Equity
Direct
Equity - Infrastructure
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
- Canara Robeco Infrastructure Fund Direct Growth has ₹788 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Canara Robeco Infrastructure Fund Direct Growth has given a CAGR return of 19.42% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 68.87%, 34.73% and 31.29% respectively.
Holdings
Canara Robeco Infrastructure Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Utilities, Energy, Basic Materials, Tech, Financial Services, Communication, Consumer Cyclical, Real Estate. Its top holdings are Larsen & Toubro Ltd, NTPC Ltd, Reliance Industries 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 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 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
915 people have invested ₹ 2.5Cr in Canara Robeco Infrastructure Fund Direct Growth in the last three months
INDmoney Rank
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Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 1.01% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹788 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 31.13% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
47.6%
Small cap
23.8%
Mid cap
23.7%
Sector Allocation
Industrial
56.6%
Utilities
10%
Energy
9.2%
Basic Materials
6.6%
Tech
6.2%
Financial Services
3.4%
Communication
3.2%
Consumer Cyclical
2.5%
Real Estate
2.4%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Mazagon Dock Shipbuilders Ltd | 27.6% |
Shridatta Bhandwaldar
Fund Manager of Canara Robeco Infrastructure Fund Direct Growth, since 29 September 2018
Top funds managed
Vishal Mishra
Fund Manager of Canara Robeco Infrastructure Fund Direct Growth, since 26 June 2021
Top funds managed
Mutual Fund Insights
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 40.11% return, outperforming this fund by 5.38% per annum.
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 40.09% return, outperforming this fund by 8.8% per annum.
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 1.01% which is lower than the category average expense ratio of 1.54%.
In the last 1 year, Bandhan Infrastructure Fund - Direct Plan - Growth has given 86.26% return, outperforming this fund by 17.38%.
Over the last 3 months, this fund has experienced a 48.2% growth in AUM moving from 531.29 Cr to 787.53 Cr.
Over the last 15 months, this fund has decreased expense ratio by 23.5% moving from 1.32 to 1.01.
Canara Robeco Infrastructure 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 19.42% since inception which is more than its category average return of 14.82%
Fund Allocations
This fund has an allocation of 95.07% in Equity, 0% in Debt and 4.93% in Cash related instruments
AUM size ₹788 Cr
This fund has AUM of ₹788 Cr which is less than its category average of ₹ 1826 Cr
Expense Ratio 1.01%
This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.73%
Frequently Asked Questions
The current NAV of Canara Robeco Infrastructure Fund Direct Growth is ₹178.59 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Canara Robeco Infrastructure Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 35.68% | 35.68% |
1 Year Returns | 68.87% | 68.87% |
3 Years Returns | 144.59% | 34.73% |
5 Years Returns | 290.14% | 31.29% |
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.
1.01% as on June 2024
₹788 Cr as on June 2024
Larsen & Toubro Ltd(6.93%), NTPC Ltd(5.6%), Reliance Industries Ltd(5.27%), Power Grid Corp Of India Ltd(3.9%), Siemens Ltd(3.77%) as on June 2024
Industrial(53.77%), Utilities(9.5%), Energy(8.75%) as on June 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 | 26.7 | 15.98 | 8.73 |
As on June 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 | 0.93 | 0.89 | 0.97 |
As on June 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 | 3.36 | 1.92 | 1.13 |
As on June 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 | 15.32 | 14.71 | 20.7 |
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 5.11 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.02 as on June 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%