| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.21% |
| NAV | ₹40.90 (28 Oct 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹1,181 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.2% |
| Reliance Industries Ltd. | Energy | Equity | 8.9% |
| ICICI Bank Ltd. | Financial | Equity | 5.6% |
| HDFC Bank Ltd. | Financial | Equity | 5.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.8% |
| Bajaj Finance Ltd. | Financial | Equity | 3.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.0% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 2.9% |
| Voltas Ltd. | Cons Durable | Equity | 2.3% |
| HDFC Life Insurance Co Ltd. | Financial | Equity | 2.2% |
Canara Robeco Equity Tax Saver 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, Yogesh Patil is the Current Fund Manager of Canara Robeco Equity Tax Saver Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,181 Cr and the Latest NAV as of 28 Oct 2020 is ₹40.90.
The Canara Robeco Equity Tax Saver Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
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.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.