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Canara Robeco Equity Tax Saver Fund

Canara Robeco Equity Tax Saver Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

22.24

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 18,267 today.

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NAV Performance

Canara Robeco Equity Tax Saver Fund performance graph for last 3 years
Performance of Canara Robeco Equity Tax Saver Fund for last 3 Years

Fund Information

  • ₹ 129.920

    as on 22 Sep 2023
  • Regular - Growth

  • 7 / 37

  • ₹ 500

  • ₹ 4,924 Cr.

    as on 31 May 2023
  • 1.81%

  • 02 Feb 2009

  • Equity - ELSS

  • S&P BSE 500 TRI

  • 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

  • About Vishal Mishra

    Picture of Vishal MishraMr. 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.
  • About Shridatta Bhandwaldar

    Picture of Shridatta BhandwaldarMr. 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

Portfolio holdings pattern of Canara Robeco Equity Tax Saver Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    95.10%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    4.90%

Top Sector Holdings of Canara Robeco Equity Tax Saver Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding Percentage
TREPS 4.80%
Net Receivables 0.10%