Canara Robeco Equity Tax Saver Direct Growth-0.84%

3Groww
-6.96%
1 Year Return
Equity
ELSS
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Canara Robeco Equity Tax Saver Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.28%
NAV63.5 (21 Aug 2019)
Fund Started02 Jan 2013
Fund Size912 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Canara Robeco Equity Tax Saver Direct Growth
-7.0%
9.0%
8.9%
11.9%
Category Average
-12.5%
6.8%
11.9%
-
Rank within category
9
6
15
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -7.0% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity9.1%
    HDFC Bank Ltd.FinancialEquity7.6%
    State Bank of IndiaFinancialEquity5.2%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.5%
    Bajaj Finance Ltd.FinancialEquity4.1%
    Axis Bank Ltd.FinancialEquity3.8%
    Larsen & Toubro Ltd.ConstructionEquity3.7%
    Kotak Mahindra Bank Ltd.FinancialEquity3.2%
    Divi's Laboratories Ltd.HealthcareEquity3.2%
    Hindustan Unilever Ltd.FMCGEquity3.1%
    See All

    Fund Managers

    addKrishna Sanghvi
    Education
    Mr. Sanghvi is a B.Com (H), CWA from ICWAI, Master of Management Studies (Finance) from NMIMS, Mumbai and CFA from ICFAI.
    Experience
    Prior to joining Canara Robeco AMC he has worked with Kotak Mahindra AMC Ltd. and Kotak Mahindra Old Mutual Life Insurance Co..
    Funds Managed

    Other Details

    Canara Robeco Equity Tax Saver Direct Growth is a Equity Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Ravi Gopalakrishnan, Yogesh Patil is the Current Fund Manager of Canara Robeco Equity Tax Saver Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹912 Cr and the Latest NAV as of 21 Aug 2019 is ₹63.5.

    The Canara Robeco Equity Tax Saver Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The objective of the scheme is facilitate the subscribers to seek tax benefits as provided under section 88 of the Income Tax Act 1961.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Canara Robeco Mutual Fund

    Address
    Construction House, 4th Floor, 5 Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001
    Phone
    022 66585000
    Launch Date
    18 Dec 1987
    Website
    NA
    Canara Robeco Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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