Fund Details
Canara Robeco Equity Tax Saver Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.75% |
| NAV | ₹54.73 (23 Jul 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹2,343 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.5% |
| HDFC Bank Ltd. | Financial | Equity | 7.9% |
| ICICI Bank Ltd. | Financial | Equity | 6.8% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.1% |
| Bajaj Finance Ltd. | Financial | Equity | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.1% |
| Axis Bank Ltd. | Financial | Equity | 3.0% |
| State Bank of India | Financial | Equity | 2.7% |
| Reliance Industries Ltd. | Energy | Equity | 1.9% |
Fund Managers
Canara Robeco Equity Tax Saver Direct IDCW Details
Canara Robeco Equity Tax Saver Direct IDCW 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, Yogesh Patil is the Current Fund Manager of Canara Robeco Equity Tax Saver Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹2,343 Cr and the Latest NAV as of 23 Jul 2021 is ₹54.73.
The Canara Robeco Equity Tax Saver Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The scheme seeks to achieve long term capital appreciation by predominantly investing in equities. It also offers tax benefits under Section 80C. The investments may be made in primary as well as secondary markets and scheme may also invest in overseas equity markets like ADRs/GDRs.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
