Fund Details
Canara Robeco Equity Diversified Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.86% |
| NAV | ₹56.76 (25 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹3,056 Cr |
Returns
Comparison
1. Lower expense ratio - 0.82%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.3% |
| ICICI Bank Ltd. | Financial | Equity | 7.1% |
| Infosys Ltd. | Technology | Equity | 7.0% |
| Reliance Industries Ltd. | Energy | Equity | 5.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.5% |
| Bajaj Finance Ltd. | Financial | Equity | 3.2% |
| Axis Bank Ltd. | Financial | Equity | 3.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.8% |
| HCL Technologies Ltd. | Technology | Equity | 2.3% |
Fund Managers
Canara Robeco Equity Diversified Fund Direct Dividend Details
Canara Robeco Equity Diversified Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Ravi Gopalakrishnan, Shridatta Bhandwaldar is the Current Fund Manager of Canara Robeco Equity Diversified Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹3,056 Cr and the Latest NAV as of 25 Jan 2021 is ₹56.76.
The Canara Robeco Equity Diversified Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year. Same for SIP.
Investment Objective
The scheme aims to generate capital appreciation by investing in equity and equity related securities. The scheme would follow bottom-up investment style by identifying companies with strong competitive position in good business and having quality management. Being an open-ended scheme, some portion of the portfolio may be invested in money market instruments so as to meet the normal repurchase requirements.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
