Canara Robeco Value Fund Direct Growth

Equity
Direct
Value
Canara Robeco Value Fund Direct Growth

About the Fund

Canara Robeco Value Fund Direct Growth is an equity fund. This fund was started on 3 September, 2021. The fund is managed by Vishal Mishra. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Canara Robeco Value Fund Direct Growth has ₹1183 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 Value Fund Direct Growth has given a CAGR return of 24.28% since inception. Over the last 1 year the fund has given a CAGR return of 42.22%.

Holdings

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

Taxation

As it is a value 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 Value Fund Direct Growth

The fund aims to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instrument, with higher focus on value stocks. There is no assurance or guarantee 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 Value Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
736 people have invested ₹ 29.4L in Canara Robeco Value Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.61%
Benchmark
S&P BSE 500 India TR INR
AUM₹1183 Cr
Inception Date3 September, 2021
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
34.05%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 97.4%

  • Debt & Cash 2.6%

Large cap
65.4%

Small cap
18.2%

Mid cap
13.8%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
28%
Industrial
15.7%
Consumer Cyclical
9.1%
Consumer Defensive
8.6%
Tech
7.7%
Health
7.5%
Energy
7.3%
Utilities
5.6%
Basic Materials
3.6%
Real Estate
3.5%
Communication
3.5%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Vishal Mishra
Vishal Mishra
Fund Manager of Canara Robeco Value Fund Direct Growth, since 3 September 2021

Canara Robeco Value 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 24.28% since inception which is more than its category average return of 19.36%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.45% in Equity, 0% in Debt and 2.55% in Cash related instruments
AUM size ₹1183 Cr

AUM size ₹1183 Cr

This fund has AUM of ₹1183 Cr which is less than its category average of ₹ 4889 Cr
Expense Ratio 0.61%

Expense Ratio 0.61%

This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions

The current NAV of Canara Robeco Value Fund Direct Growth is ₹18.32 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Canara Robeco Value Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.19%
6.19%
6 Month Returns
19.3%
19.3%
1 Year Returns
42.22%
42.22%
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.
0.61% as on May 2024
₹1183 Cr as on May 2024
HDFC Bank Ltd(6.34%), ICICI Bank Ltd(5.93%), NTPC Ltd(4.38%), Reliance Industries Ltd(4.06%), Infosys Ltd(3.85%) as on May 2024
Financial Services(27.25%), Industrial(15.27%), Consumer Cyclical(8.86%) as on May 2024
The alpha ratio for the Canara Robeco Value Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Canara Robeco Value Fund Direct Growth
5
-
-
As on May 2024
The alpha for Canara Robeco Value 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 Value Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Canara Robeco Value Fund Direct Growth
0.94
-
-
As on May 2024
The Beta for Canara Robeco Value 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 Value 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 Value Fund Direct Growth
2.71
-
-
As on May 2024
The sharpe ratio for Canara Robeco Value 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 Value 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 Value Fund Direct Growth
10.09
-
-
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.
Vishal Mishra is the fund manager of Canara Robeco Value Fund Direct Growth
The Exit load of Canara Robeco Value Fund Direct Growth is 1%