Canara Robeco Value Fund Direct Growth
Equity
Direct
Value
NAV: ₹ 14 as on 20-09-2023
Fund Performance
808 people have invested ₹ 46L in Canara Robeco Value Fund Direct Growth in the last three months
Fund Insights
Over the last 6 months, this fund has experienced a 21.7% growth in AUM moving from 758.21 Cr to 922.52 Cr.
This fund has one of the lowest expense ratio in the category (value). Its expense ratio is 0.67% which is lower than the category average expense ratio of 1.39%.
In the last 1 year, Aditya Birla Sun Life Pure Value Fund Direct Plan Growth has given 29.05% return, outperforming this fund by 8.62%.
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
- Canara Robeco Value Fund Direct Growth has ₹923 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.7.
Canara Robeco Value Fund Direct Growth Overview
 | 0.67% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹923 Cr |
 | 3 September, 2021 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 34.05% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
66.4%
Small cap
17.1%
Mid cap
12.7%
Sector Allocation
Financial Services
34.6%
Industrial
16.6%
Tech
11.2%
Health
7.3%
Consumer Defensive
7.3%
Consumer Cyclical
6.7%
Energy
5.4%
Utilities
4.1%
Communication
2.8%
Real Estate
2.5%
Basic Materials
1.5%
Top Holdings of Canara Robeco Value Fund Direct Growth as on (31-Aug-23)
Equity Holdings50
Canara Robeco Value Fund Direct Growth: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 0.07% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 0.82% in Aug'23
AUM Change
- AUM of the fund stands at 922.5 Cr as of Aug'23
- AUM increased by 8.6 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Canara Robeco Value Fund Direct Growth portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Cera Sanitaryware Ltd | 23.8% |
 KEI Industries Ltd | 19.3% |
 Infosys Ltd | 5.1% |
Top Losers | 1M Return |
|---|---|
 HDFC Bank Ltd | -5.5% |
 ITC Ltd | -5.4% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Canara Robeco Value Fund Direct Growth Fund Manager
Vishal Mishra
Fund Manager of Canara Robeco Value Fund Direct Growth, since 3 September 2021
Top funds managed
Fund 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 17.76% since inception which is more than its category average return of 14.58%
Fund Allocations
This fund has an allocation of 96.19% in Equity, 0% in Debt and 3.81% in Cash related instruments
AUM size ₹923 Cr
This fund has AUM of ₹923 Cr which is less than its category average of ₹ 3719 Cr
Expense Ratio 0.67%
This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.52%
Frequently Asked Questions
The current NAV of Canara Robeco Value Fund Direct Growth is ₹13.97 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
Canara Robeco Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.94% | 3.94% |
6 Month Returns | 23.41% | 23.41% |
1 Year Returns | 20.43% | 20.43% |
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.
0.67% as on August 2023
₹923 Cr as on August 2023
HDFC Bank Ltd(8.68%), Infosys Ltd(6.6%), ICICI Bank Ltd(6.35%), NTPC Ltd Shs Dematerialised(3.99%), Reliance Industries Ltd(3.92%) as on August 2023
Financial Services(33.26%), Industrial(15.99%), Tech(10.8%) as on August 2023
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 | 9.46 | - | - |
As on August 2023
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 | 0.82 | - | - |
As on August 2023
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 | 1.35 | - | - |
As on August 2023
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 | 10.07 | - | - |
As on August 2023
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%