Fund Performance
Lumpsum
SIP
25.86
as on 20 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,935 today.
NAV Performance
Fund Information
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₹ 110.520
as on 20 Mar 2023 -
Regular - Growth
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5 / 37
-
₹ 500
-
₹ 2,876 Cr.
as on 31 Dec 2021 -
2.07%
-
02 Feb 2009
-
S&P BSE 500 TRI
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Canara Robeco Mutual Fund
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Highlights of this fund
Canara Robeco Equity Tax Saver Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 02 Feb 2009. This fund is offered by one of the top AMC (Assets Management Company) Canara Robeco Mutual Fund. You can also view here all other Equity funds offered by Canara Robeco Mutual Fund.
Latest NAV of the fund is ₹ 110.520 as on 20 Mar 2023.
This fund has 14 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.07%. Ideally you shoulds compare this fund with the benchmark S&P BSE 500 TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
ELSS seeking to provide long term capital appreciation by predominantly investing in equities to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of the scheme will be realized.
List of Fund Managers of Canara Robeco Equity Tax Saver Fund
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About Vishal Mishra
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About Shridatta Bhandwaldar
Mr. Bhandwaldar is a BE (Mechanical) and MMS (Finance). Prior to joining Canara Robeco Mutual Fund he was associated with SBI Pension Funds Pvt. Ltd. (Jul 2012-Jun 2016) as Head-Research, Heritage India Advisory Pvt. Ltd. (Oct 2009-Jun 2012) as Senior Equity Analyst, Motilal Oswal Securities (Jan 2008-Sep 2009) and MF Global Securities (Apr 2006-Dec 2008).
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | -1.85% | -2.07% | 1.37% | 17.83% | 32.94% | 47.61% | 20.32% | 21.23% | 7.73% | 9.64% | 24.20% | 24.36% | 20.92% |
| Category Average | -3.99% | -6.98% | -5.76% | -0.11% | 9.60% | 24.87% | 9.96% | 14.33% | -2.05% | 1.66% | 12.23% | 11.73% | 12.15% |
| Canara Robeco Equity Tax Saver Fund | -4.39%₹ 9,560 | -7.20%₹ 9,279 | -7.06%₹ 9,293 | -1.71%₹ 9,829 | -3.35%₹ 11,782 | 8.22%₹ 11,715 | 0.54%₹ 24,134 | 25.86%₹ 19,935 | 11.92%₹ 43,009 | 14.18%₹ 19,416 | 13.90%₹ 84,983 | 14.75%₹ 39,598 | 13.70%₹ 2,45,284 |
| DSP Tax Saver Fund | -3.92%₹ 9,608 | -6.78%₹ 9,322 | -5.32%₹ 9,468 | -0.34%₹ 9,966 | -1.80%₹ 11,883 | 10.60%₹ 12,235 | 2.08%₹ 24,520 | 27.39%₹ 20,673 | 13.76%₹ 44,164 | 12.19%₹ 17,782 | 13.72%₹ 84,598 | 16.25%₹ 45,098 | 13.97%₹ 2,48,850 |
| Mirae Asset Tax Saver Fund | -4.16%₹ 9,583 | -7.15%₹ 9,285 | -5.56%₹ 9,443 | -2.17%₹ 9,782 | -3.81%₹ 11,752 | 8.12%₹ 11,692 | 0.24%₹ 24,060 | 28.24%₹ 21,088 | 12.52%₹ 43,382 | 13.51%₹ 18,849 | 13.82%₹ 84,804 | - | - |
| Quant Tax Plan | -2.38%₹ 9,762 | -12.38%₹ 8,761 | -12.64%₹ 8,736 | 2.55%₹ 10,255 | -6.49%₹ 11,577 | 19.30%₹ 14,238 | 4.42%₹ 25,109 | 47.61%₹ 32,165 | 24.20%₹ 51,126 | 20.32%₹ 25,226 | 24.37%₹ 1,09,622 | 21.23%₹ 68,647 | 20.92%₹ 3,61,871 |
| BOI AXA Tax Advantage Fund | -3.80%₹ 9,619 | -8.15%₹ 9,184 | -6.80%₹ 9,319 | -1.35%₹ 9,865 | -1.80%₹ 11,884 | 10.25%₹ 12,157 | 1.04%₹ 24,260 | 27.24%₹ 20,600 | 13.21%₹ 43,818 | 11.87%₹ 17,524 | 15.28%₹ 87,920 | 15.87%₹ 43,650 | 14.44%₹ 2,55,236 |
| IDFC Tax Advantage (elss) Fund | -3.66%₹ 9,633 | -5.73%₹ 9,426 | -3.94%₹ 9,606 | 0.54%₹ 10,053 | 0.14%₹ 12,009 | 13.94%₹ 12,986 | 4.98%₹ 25,252 | 35.23%₹ 24,727 | 19.24%₹ 47,737 | 11.52%₹ 17,256 | 16.31%₹ 90,160 | 16.57%₹ 46,370 | 14.78%₹ 2,59,851 |
Portfolio Holdings
Top Sector Holdings of Canara Robeco Equity Tax Saver Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 20.02% | ₹ 620.36 Cr. |
| Computers - Software | 14.60% | ₹ 452.09 Cr. |
| NBFC | 5.63% | ₹ 174.33 Cr. |
| Engineering, designing, construction | 5.34% | ₹ 165.22 Cr. |
| Passenger/Utility vehicles | 4.67% | ₹ 144.55 Cr. |
| Others | 49.74% | - |
Top Stock Holdings of Canara Robeco Equity Tax Saver Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Infosys Ltd. | 8.36% | ₹ 258.87 Cr. |
| ICICI Bank Ltd. | 6.64% | ₹ 205.84 Cr. |
| HDFC Bank Ltd. | 6.55% | ₹ 203.00 Cr. |
| Larsen & Toubro Ltd. | 4.47% | ₹ 138.40 Cr. |
| Housing Development Finance Corporation Ltd. | 3.53% | ₹ 109.28 Cr. |
| Others | 70.45% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 5.15% |
| Net Receivables | -0.29% |