| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.82% |
| NAV | ₹47.77 (29 Oct 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹2,413 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 7.8% |
| Infosys Ltd. | Technology | Equity | 7.3% |
| HDFC Bank Ltd. | Financial | Equity | 6.8% |
| ICICI Bank Ltd. | Financial | Equity | 4.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
| Bajaj Finance Ltd. | Financial | Equity | 2.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.2% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 2.0% |
| Voltas Ltd. | Cons Durable | Equity | 1.9% |
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 ₹2,413 Cr and the Latest NAV as of 29 Oct 2020 is ₹47.77.
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.
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.
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.