Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Mid-Cap
Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 2 December, 2022. The fund is managed by Shridatta Bhandwaldar, Ajay Khandelwal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl has ₹2224 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 38.02% since inception. Over the last 1 year the fund has given a CAGR return of 49.37%.

Holdings

Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Basic Materials, Health, Tech, Real Estate, Utilities, Communication, Consumer Defensive, Energy. Its top holdings are Trent Ltd, UNO Minda Ltd, Indian Bank, Mazagon Dock Shipbuilders Ltd, Linde India Ltd

Taxation

As it is a 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 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 Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl

The investment objective of the Scheme is to generate capital appreciation by investing predominantly in equity and equity related instruments of mid cap 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 Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
9 people have invested ₹ 60K in Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.59%
Benchmark
S&P BSE Midcap TR INR
AUM₹2224 Cr
Inception Date2 December, 2022
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
0.16%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 97.1%

  • Debt & Cash 2.9%

Mid cap
71.9%

Large cap
18.8%

Small cap
6%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
24.1%
Financial Services
21.9%
Consumer Cyclical
15.6%
Basic Materials
12.5%
Health
8%
Tech
6.1%
Real Estate
3.8%
Utilities
3%
Communication
2.7%
Consumer Defensive
1.2%
Energy
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 Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl, since 2 December 2022
Ajay Khandelwal
Ajay Khandelwal
Fund Manager of Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl, since 2 December 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Canara Robeco Small Cap Fund Direct Growth
30.13%
27.09%

Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl 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 38.02% since inception which is more than its category average return of 20.33%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.1% in Equity, 0% in Debt and 2.9% in Cash related instruments
AUM size ₹2224 Cr

AUM size ₹2224 Cr

This fund has AUM of ₹2224 Cr which is less than its category average of ₹ 8078 Cr
Expense Ratio 0.59%

Expense Ratio 0.59%

This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.38%

Frequently Asked Questions

The current NAV of Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl is ₹16.49 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
7.92%
7.92%
6 Month Returns
26.85%
26.85%
1 Year Returns
49.37%
49.37%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.59% as on May 2024
₹2224 Cr as on May 2024
Trent Ltd(3.34%), UNO Minda Ltd(3.08%), Indian Bank(2.68%), Mazagon Dock Shipbuilders Ltd(2.63%), Linde India Ltd(2.47%) as on May 2024
Industrial(23.44%), Financial Services(21.25%), Consumer Cyclical(15.18%) as on May 2024
The alpha ratio for the Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl
3.18
-
-
As on May 2024
The alpha for Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against S&P BSE Midcap 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 Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl
0.64
-
-
As on May 2024
The Beta for Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE Midcap 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 Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl
3.27
-
-
As on May 2024
The sharpe ratio for Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE Midcap 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 Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl
9.15
-
-
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.
Shridatta Bhandwaldar, Ajay Khandelwal are the fund managers of Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Canara Robeco Mid Cap Fund Direct Payout Inc Dist cum Cap Wdrl is 1%