Canara Robeco Multi Cap Fund Direct Growth

Canara Robeco Multi Cap Fund Direct Growth

Equity

Direct

Multi-Cap

NAV as on 12-12-2024

₹ 14.98

-0.5%

1D

Inception Returns

33.8%

/yr

About Canara Robeco Multi Cap Fund Direct Growth

Canara Robeco Multi Cap Fund Direct Growth is an equity fund. This fund was started on 28 July, 2023. The fund is managed by Shridatta Bhandwaldar, Vishal Mishra. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Canara Robeco Multi Cap Fund Direct Growth has ₹3701 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Canara Robeco Multi Cap Fund Direct Growth has given a CAGR return of 33.85% since inception. Over the last 1 year the fund has given a CAGR return of 31.98%.

Holdings

Canara Robeco Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Basic Materials, Utilities, Communication, Real Estate, Energy. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Bharti Airtel Ltd, Zomato Ltd

Taxation

As it is a multi-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 Multi Cap Fund Direct Growth

The fund aims to generate long-term capital appreciation through diversified investments in equity & equity related instruments across large cap, mid cap, and small cap stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Canara Robeco Multi Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
980 people have invested ₹ 1.2Cr in Canara Robeco Multi Cap Fund Direct Growth in the last three months

Canara Robeco Multi Cap Fund Direct Growth Overview

Expense ratio0.43%
Benchmark
S&P BSE 500 India TR INR
AUM₹3701 Cr
Inception Date28 July, 2023
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
37.95%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (12-Dec-24)

Period
Canara Robeco Multi Cap Fund Direct Growth
Nifty 500
multi-cap
1M
4.7%
6.6%
4.9%
3M
0.1%
-2.4%
-0.9%
6M
10.3%
5.8%
8.6%
1Y
32%
24.6%
31.7%

Fund Distribution

as on (31-Oct-24)

  • Equity 95%

  • Debt & Cash 5%

Large cap
41.4%

Mid cap
26.9%

Small cap
26%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
27.5%
Consumer Cyclical
15.9%
Industrial
14%
Tech
11.4%
Health
9%
Consumer Defensive
6.8%
Basic Materials
5.8%
Utilities
3.1%
Communication
2.6%
Energy
2.4%
Real Estate
1.5%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-4.55%
2.64%
1.65%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -4.55% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 1.96% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 3.7K Cr
₹ 3.7K Cr
₹ 3.5K Cr
  • AUM of the fund stands at 3.7K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
Tata Consumer Products Ltd's allocation increased from 1.09% to 1.54%
Tata Consumer Products Ltd's allocation increased from 1.09% to 1.54%
Piramal Pharma Ltd's allocation increased from 0.86% to 1.31%
Piramal Pharma Ltd's allocation increased from 0.86% to 1.31%
Cummins India Ltd's allocation increased from 0.26% to 0.69%
Cummins India Ltd's allocation increased from 0.26% to 0.69%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 2.62 % to 2.48 %
Bharti Airtel Ltd's allocation decreased from 2.62 % to 2.48 %
JK Cement Ltd's allocation decreased from 2.17 % to 2.15 %
JK Cement Ltd's allocation decreased from 2.17 % to 2.15 %
Zomato Ltd's allocation decreased from 2.18 % to 2.14 %
Zomato Ltd's allocation decreased from 2.18 % to 2.14 %
Mid Cap allocation has gone up from 25.7% to 27.2%
Mid Cap allocation has gone up from 25.7% to 27.2%
Large Cap allocation has gone down from 43% to 41.9%
Large Cap allocation has gone down from 43% to 41.9%
Small Cap allocation has gone down from 26.1% to 26%
Small Cap allocation has gone down from 26.1% to 26%
Cash allocation has gone down from 4.9% to 3.7%
Cash allocation has gone down from 4.9% to 3.7%

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial

Oct'24
Financial Services
28%
Consumer Cyclical
16%
Industrial
14%
Sep'24
Financial Services
26%
Consumer Cyclical
16%
Industrial
14%
  • Gainers

  • Losers

Fund
Oct'24
Sep'24
Aug'24
No of Holdings
94
90
87
Top 5 Company Concentration
15.9%
15.3%
14.7%
Company having highest exposure
HDFC Bank Ltd (4.4%)
HDFC Bank Ltd (4.1%)
ICICI Bank Ltd (3.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
77.8%
74.8%
77.6%
Sector having highest exposure
Financial Services (27.5%)
Financial Services (26.4%)
Financial Services (26.4%)
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Shridatta Bhandwaldar
Shridatta Bhandwaldar
Fund Manager of Canara Robeco Multi Cap Fund Direct Growth, since 28 July 2023
Vishal Mishra
Vishal Mishra
Fund Manager of Canara Robeco Multi Cap Fund Direct Growth, since 28 July 2023
Fund House
Canara Robeco Asset Management Co. Ltd.
Total AUM
₹1.16L Cr
as on 31-Oct-2024
Address
Canara Robeco Asset Management Company Limited,Construction House, 4th Floor,,5 Walchand Hirachand Marg, Ballard Estate,
Phone
+912266585000
Website
crmf@canararobeco.com

Canara Robeco Multi Cap 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 33.85% since inception which is more than its category average return of 16.66%
Fund Allocations

Fund Allocations

This fund has an allocation of 95% in Equity, 0% in Debt and 5% in Cash related instruments
AUM size ₹3701 Cr

AUM size ₹3701 Cr

This fund has AUM of ₹3701 Cr which is less than its category average of ₹ 3882 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 1.22%

Frequently Asked Questions for Canara Robeco Multi Cap Fund Direct Growth

The current NAV of Canara Robeco Multi Cap Fund Direct Growth is ₹14.98 as on 12-Dec-2024.
Existing (Absolute + CAGR) as on 12-Dec-2024.
Canara Robeco Multi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.7%
4.7%
6 Month Returns
10.34%
10.34%
1 Year Returns
31.98%
31.98%
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.
0.43% as on November 2024
₹3701 Cr as on November 2024
HDFC Bank Ltd(4.65%), ICICI Bank Ltd(3.96%), Infosys Ltd(2.85%), Bharti Airtel Ltd(2.41%), Zomato Ltd(2.38%) as on November 2024
Financial Services(25.43%), Consumer Cyclical(15.73%), Industrial(15.14%) as on November 2024
The alpha ratio for the Canara Robeco Multi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Canara Robeco Multi Cap Fund Direct Growth
5.22
-
-
As on November 2024
The alpha for Canara Robeco Multi Cap 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 Multi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Canara Robeco Multi Cap Fund Direct Growth
0.81
-
-
As on November 2024
The Beta for Canara Robeco Multi Cap 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 Multi Cap 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 Multi Cap Fund Direct Growth
1.91
-
-
As on November 2024
The sharpe ratio for Canara Robeco Multi Cap 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 Multi Cap 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 Multi Cap Fund Direct Growth
11.15
-
-
As on November 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, Vishal Mishra are the fund managers of Canara Robeco Multi Cap Fund Direct Growth
The Exit load of Canara Robeco Multi Cap Fund Direct Growth is 1%