Fund Performance
Lumpsum
SIP
22.24
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 18,267 today.
NAV Performance
Fund Information
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₹ 129.920
as on 22 Sep 2023 -
Regular - Growth
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7 / 37
-
₹ 500
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₹ 4,924 Cr.
as on 31 May 2023 -
1.81%
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02 Feb 2009
-
S&P BSE 500 TRI
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Canara Robeco Mutual Fund
Show All Funds -
Data not available.
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 ₹ 129.920 as on 22 Sep 2023.
This fund has 14 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.81%. 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
Mr. Mishra is a B. Com, A.C.A. He has more than 10 yrs of experience in the areas of equity research & credit research. Presently he is associated with Daiwa Asset Mgt (India) Pvt. Ltd for the past four years. His previous assignment was with Collins Stewart India Pvt. Ltd. as Asst. Vice President Research. He was also been associated with IL&FS Investment Ltd, Crisil Ltd and Quantum Information Services Ltd.
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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 | 4.75% | 11.13% | 25.95% | 26.21% | 32.94% | 34.63% | 24.02% | 23.88% | 37.19% | 24.83% | 23.35% | 29.58% | 22.88% |
| Category Average | 2.08% | 7.00% | 18.95% | 14.97% | 9.09% | 23.43% | 13.43% | 16.23% | 23.94% | 15.54% | 16.51% | 17.67% | 14.29% |
| Canara Robeco Equity Tax Saver Fund | 1.41%₹ 10,140 | 4.93%₹ 10,492 | 16.43%₹ 11,642 | 10.06%₹ 11,006 | 17.71%₹ 13,121 | 5.97%₹ 11,228 | 11.87%₹ 27,032 | 22.24%₹ 18,267 | 14.01%₹ 44,350 | 15.92%₹ 20,948 | 17.97%₹ 93,944 | 16.30%₹ 45,331 | 15.31%₹ 2,67,567 |
| Quant Tax Plan | 2.94%₹ 10,293 | 10.59%₹ 11,059 | 22.67%₹ 12,266 | 8.73%₹ 10,873 | 24.21%₹ 13,520 | 13.60%₹ 12,904 | 18.03%₹ 28,654 | 34.63%₹ 24,399 | 23.35%₹ 50,575 | 24.02%₹ 29,375 | 29.58%₹ 1,24,236 | 23.88%₹ 85,294 | 22.88%₹ 4,02,701 |
| Kotak Tax Saver Fund | 2.07%₹ 10,207 | 7.43%₹ 10,742 | 18.37%₹ 11,837 | 15.68%₹ 11,567 | 24.00%₹ 13,507 | 11.37%₹ 12,403 | 17.36%₹ 28,475 | 25.31%₹ 19,675 | 18.36%₹ 47,184 | 15.80%₹ 20,840 | 19.32%₹ 97,112 | 17.49%₹ 50,207 | 15.69%₹ 2,73,129 |
| Mirae Asset Tax Saver Fund | 2.06%₹ 10,205 | 7.61%₹ 10,761 | 19.75%₹ 11,974 | 15.83%₹ 11,582 | 24.46%₹ 13,535 | 7.39%₹ 11,531 | 14.78%₹ 27,793 | 24.33%₹ 19,218 | 16.06%₹ 45,667 | 16.38%₹ 21,369 | 19.15%₹ 96,708 | - | - |
| IDFC Tax Advantage (elss) Fund | 1.43%₹ 10,143 | 7.96%₹ 10,795 | 21.34%₹ 12,134 | 18.67%₹ 11,867 | 27.81%₹ 13,738 | 12.77%₹ 12,718 | 18.74%₹ 28,844 | 30.96%₹ 22,461 | 21.42%₹ 49,243 | 16.19%₹ 21,195 | 22.65%₹ 1,05,277 | 18.51%₹ 54,755 | 16.97%₹ 2,92,511 |
| BOI AXA Tax Advantage Fund | 4.24%₹ 10,423 | 10.53%₹ 11,053 | 23.71%₹ 12,371 | 16.90%₹ 11,689 | 30.00%₹ 13,870 | 8.07%₹ 11,679 | 18.60%₹ 28,805 | 25.92%₹ 19,964 | 18.96%₹ 47,585 | 18.15%₹ 23,048 | 22.27%₹ 1,04,305 | 17.55%₹ 50,484 | 17.09%₹ 2,94,437 |
Portfolio Holdings
Top Sector Holdings of Canara Robeco Equity Tax Saver Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 23.84% | ₹ 1,304.96 Cr. |
| Computers - Software | 8.73% | ₹ 477.86 Cr. |
| Refineries/Marketing | 5.35% | ₹ 292.93 Cr. |
| NBFC | 5.27% | ₹ 288.29 Cr. |
| Housing Finance | 3.76% | ₹ 205.95 Cr. |
| Others | 53.05% | - |
Top Stock Holdings of Canara Robeco Equity Tax Saver Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 6.98% | ₹ 382.13 Cr. |
| HDFC Bank Ltd. | 6.63% | ₹ 362.79 Cr. |
| Infosys Ltd. | 5.39% | ₹ 294.81 Cr. |
| Reliance Industries Ltd. | 5.35% | ₹ 292.93 Cr. |
| State Bank Of India | 3.81% | ₹ 208.46 Cr. |
| Others | 71.84% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 4.80% |
| Net Receivables | 0.10% |