Fund Details
Canara Robeco Equity Tax Saver Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.29% |
| NAV | ₹93.84 (26 Feb 2021) |
|---|---|
| Fund Started | 02 Feb 2009 |
| Fund Size | ₹1,538 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. 10Y Returns are higher than the category average returns
6. Exit load is zero
1. Higher expense ratio - 2.23%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 8.7% |
| ICICI Bank Ltd. | Financial | Equity | 8.3% |
| HDFC Bank Ltd. | Financial | Equity | 6.3% |
| Larsen & Toubro Ltd. | Construction | Equity | 5.0% |
| State Bank of India | Financial | Equity | 4.1% |
| Axis Bank Ltd. | Financial | Equity | 4.0% |
| Bajaj Finance Ltd. | Financial | Equity | 3.9% |
| HCL Technologies Ltd. | Technology | Equity | 2.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.5% |
Fund Managers
Canara Robeco Equity Tax Saver Regular Growth Details
Canara Robeco Equity Tax Saver Regular Growth is a Equity Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 02 Feb 2009. Ravi Gopalakrishnan, Yogesh Patil is the Current Fund Manager of Canara Robeco Equity Tax Saver Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,538 Cr and the Latest NAV as of 26 Feb 2021 is ₹93.84.
The Canara Robeco Equity Tax Saver Regular Growth 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%.
