Fund Details
Canara Robeco Equity Tax Saver Regular Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.23% |
| NAV | ₹31.23 (25 Jan 2021) |
|---|---|
| Fund Started | 31 Mar 1993 |
| Fund Size | ₹1,476 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Exit load is zero
4. Age is more than 10 years
5. 1Y Returns are higher than the category average returns
6. 3Y Returns are higher than the category average returns
7. 5Y Returns are higher than the category average returns
8. 10Y Returns are higher than the category average returns
1. Higher expense ratio
2. 3Y Returns are lower than the benchmark
3. 5Y Returns are lower than the benchmark
4. 10Y Returns are lower than the benchmark
5. Higher expense ratio - 2.26%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.1% |
| ICICI Bank Ltd. | Financial | Equity | 8.6% |
| HDFC Bank Ltd. | Financial | Equity | 6.7% |
| Bajaj Finance Ltd. | Financial | Equity | 4.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.3% |
| Reliance Industries Ltd. | Energy | Equity | 3.0% |
| State Bank of India | Financial | Equity | 2.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.9% |
| Asian Paints Ltd. | Chemicals | Equity | 2.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.5% |
Fund Managers
Canara Robeco Equity Tax Saver Regular Dividend Details
Canara Robeco Equity Tax Saver Regular Dividend is a Equity Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 31 Mar 1993. Ravi Gopalakrishnan, Yogesh Patil is the Current Fund Manager of Canara Robeco Equity Tax Saver Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,476 Cr and the Latest NAV as of 25 Jan 2021 is ₹31.23.
The Canara Robeco Equity Tax Saver Regular Dividend is rated Moderately 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%.
