Equity
Direct
Large-Cap
NAV as on 06-09-2024
₹ 70.73
Inception Returns
16.5%
/yr
Canara Robeco Bluechip Equity Fund is a popular mutual fund scheme offered by Canara Robeco Mutual Fund, one of India's leading asset management companies. The fund invests primarily in large-cap companies with a proven track record of stable earnings and strong fundamentals. Large cap companies are well established firms in their respective fields like HUL in consumer and ONGC in fuels.The fund aims to provide long-term capital appreciation to investors by investing in high-quality blue-chip stocks across various sectors of the Indian economy. Canara Robeco Bluechip Equity Fund has been a favored investment option for those looking for a stable and reliable equity mutual fund in India.
Canara Robeco Bluechip Equity Fund Direct Growth has given a CAGR return of 16.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.62%, 15.99% and 23.00% respectively.
Canara Robeco Bluechip Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Health, Consumer Defensive, Energy, Basic Materials, Communication, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd
As it is a large-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The Investment Objective of the fund is to provide capital appreciation by predominantly investing in companies having a large market capitalization. However, there can be no assurance that the investment objective of the scheme will be realized.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Canara Robeco Bluechip Equity Fund Direct Growth has no lock in period.
Expense ratio | 0.46% |
Benchmark | S&P BSE 100 India TR INR |
AUM | ₹14873 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 21.14% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial
Canara Robeco Bluechip Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.37% | 5.37% |
6 Month Returns | 17.6% | 17.6% |
1 Year Returns | 36.62% | 36.62% |
3 Years Returns | 56.04% | 15.99% |
5 Years Returns | 181.51% | 23% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco Bluechip Equity Fund Direct Growth | 3.94 | 0.49 | 3.34 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco Bluechip Equity Fund Direct Growth | 0.89 | 0.9 | 0.86 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Canara Robeco Bluechip Equity Fund Direct Growth | 2.76 | 0.9 | 1.04 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Canara Robeco Bluechip Equity Fund Direct Growth | 9.68 | 11.42 | 16.14 |