Canara Robeco Bluechip Equity Fund Direct Growth

Canara Robeco Bluechip Equity Fund is a popular mutual fund scheme offered by Canara Robeco Mutual Fund, one of India's leading asset management companies. The fund invests primarily in large-cap companies with a proven track record of stable earnings and strong fundamentals. Large cap companies are well established firms in their respective fields like HUL in consumer and ONGC in fuels.

The fund aims to provide long-term capital appreciation to investors by investing in high-quality blue-chip stocks across various sectors of the Indian economy. Canara Robeco Bluechip Equity Fund has been a favored investment option for those looking for a stable and reliable equity mutual fund in India.

1. Canara Robeco Bluechip Equity Fund Direct Growth has ₹15621 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
2. The fund has an expense ratio 0.5.
   

Canara Robeco Bluechip Equity Fund Direct Growth has given a CAGR return of 15.56% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 16.75%, 20.64% and 23.76% respectively.

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

As it is a large-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The Investment Objective of the fund is to provide capital appreciation by predominantly investing in companies having a large market capitalization. However, there can be no assurance that the investment objective of the scheme will be realized.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Canara Robeco Bluechip Equity Fund Direct Growth has no lock in period.