Canara Robeco ELSS Tax Saver Fund Direct Growth
NAV as on 17-04-2025
₹ 182.5
▲1.2%
1D
Inception Returns
15.9%
/yr
Historical NAV & Returns
Absolute
▲
▼
7953 people have invested ₹ 2.6Cr in Canara Robeco ELSS Tax Saver Fund Direct Growth in the last three months
About Canara Robeco ELSS Tax Saver Fund Direct Growth
Canara Robeco ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Shridatta Bhandwaldar, Vishal Mishra. The fund could potentially beat inflation in the long-run.
Key Parameters
- Canara Robeco ELSS Tax Saver Fund Direct Growth has ₹8277 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Canara Robeco ELSS Tax Saver Fund Direct Growth has given a CAGR return of 15.87% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.11%, 14.36% and 24.02% respectively.
Holdings
Canara Robeco ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Basic Materials, Energy, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Bharti Airtel Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Canara Robeco ELSS Tax Saver Fund Direct Growth
The Fund aims to provide long term capital appreciation by predominantly investing in equities and 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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Canara Robeco ELSS Tax Saver Fund Direct Growth of 3 Years
Canara Robeco ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.56% |
Benchmark | BSE 500 India TR INR |
| AUM | ₹8277 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 32.31% |
| STCG | Selling mutual fund 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 |
INDmoney Rank for Canara Robeco ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
9
/23
40% Performance
46% Risk Management
89% Cost
9 out of 23 among elss (tax savings)
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Trailing Returns
as on (17-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
71.4%
Mid cap
14.3%
Small cap
10%
Sector Allocation
Financial Services
29.9%
Consumer Cyclical
14.6%
Industrial
11.8%
Tech
8.1%
Health
7.2%
Consumer Defensive
6.4%
Basic Materials
6%
Energy
5.8%
Utilities
4.2%
Communication
3.9%
Real Estate
2%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.15% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 0.10% in Mar'25
- AUM of the fund stands at 8.3K Cr as of Mar'25
- AUM increased by 560 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 6.8% to 7.1%
Piramal Pharma Ltd's allocation increased from 0.47% to 0.75%
Varun Beverages Ltd's allocation increased from 1.05% to 1.24%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.69 % to 7.68 %
Infosys Ltd's allocation decreased from 4.84 % to 4.2 %
Bajaj Finance Ltd's allocation decreased from 2.74 % to 2.68 %
Mid Cap allocation has gone down from 14.6% to 14.3%
Large Cap allocation has gone up from 71.1% to 71.4%
Small Cap allocation has gone up from 9.9% to 10%
Cash allocation has gone down from 4.5% to 4.3%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial
Mar'25
Financial Services
30%
Consumer Cyclical
15%
Industrial
12%
Feb'25
Financial Services
29%
Consumer Cyclical
15%
Industrial
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.68% | 1.5% | |
 ICICI Bank Ltd | 7.1% | 0% | |
 Infosys Ltd | 4.2% | 0% | |
 Reliance Industries Ltd | 3.69% | 1.5% | |
 Bharti Airtel Ltd | 3.38% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Canara Robeco ELSS Tax Saver Fund Direct Growth | 10.11% | 14.36% | 24.02% | 15.87% |
 LIC MF ELSS Tax Saver -Direct Plan Growth Option | 17.32% | 15.43% | 23.11% | 15.03% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 17.15% | 18.85% | 28.1% | 18.11% |
 SBI Long Term Equity Fund Direct Growth | 9.01% | 23.27% | 29.53% | 16.53% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 9.8% |
 ICICI Bank Ltd | 6.9% |
 Reliance Industries Ltd | 0% |
Loading...
We are taking more time than usual
Shridatta Bhandwaldar
Fund Manager of Canara Robeco ELSS Tax Saver Fund Direct Growth, since 1 October 2019
Top funds managed
Vishal Mishra
Fund Manager of Canara Robeco ELSS Tax Saver Fund Direct Growth, since 26 June 2021
Top funds managed
Fund House
Canara Robeco Asset Management Co. Ltd.
Total Schemes
Total AUM
₹1.04L Cr
as on 31-Mar-2025
Address
Canara Robeco Asset Management Company Limited,Construction House, 4th Floor,,5 Walchand Hirachand Marg, Ballard Estate,
Phone
+912266585000
Website
crmf@canararobeco.com
Mutual Fund Insights
In the last 1 year, LIC MF ELSS Tax Saver -Direct Plan Growth Option has given 17.32% return, outperforming this fund by 7.21%.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 23.27% return, outperforming this fund by 8.91% per annum.
Over the last 1 year, this fund has decreased expense ratio by 9.7% moving from 0.62 to 0.56.
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.56% which is lower than the category average expense ratio of 1.29%.
Over the last 6 months, this fund has experienced a 10.6% drop in AUM moving from 9.25K Cr to 8.27K Cr.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 36.03% return, outperforming this fund by 12.01% per annum.
Canara Robeco ELSS Tax Saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.87% since inception which is more than its category average return of 14.73%
Fund Allocations
This fund has an allocation of 95.74% in Equity, 0% in Debt and 4.26% in Cash related instruments
AUM size ₹8277 Cr
This fund has AUM of ₹8277 Cr which is more than its category average of ₹ 4910 Cr
Expense Ratio 0.56%
This fund has an expense ratio of 0.56% which is less than its category average expense ratio of 1.41%
Most Popular Comparisons
- Compare
Canara Robeco ELSS Tax Saver FundVs
Axis ELSS Tax Saver Fund Direct Growth
- Compare
- Canara Robeco ELSS Tax Saver FundVs
SBI Long Term Equity Fund Direct Growth
- Compare
- Canara Robeco ELSS Tax Saver FundVs
Mirae Asset ELSS Tax Saver Fund Direct Growth
- Compare
- Canara Robeco ELSS Tax Saver FundVs
DSP ELSS Tax Saver Fund Direct Growth
- Compare
- Canara Robeco ELSS Tax Saver FundVs
Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth
More funds from Canara Robeco
5Y CAGR
▲ 33.81
3Y CAGR
▲ 19.78
5Y CAGR
▲ 24.82
3Y CAGR
▲ 17.35
Frequently Asked Questions for Canara Robeco ELSS Tax Saver Fund Direct Growth
The current NAV of Canara Robeco ELSS Tax Saver Fund Direct Growth is ₹182.5 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Canara Robeco ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.44% | 6.44% |
6 Month Returns | -7.35% | -7.35% |
1 Year Returns | 10.11% | 10.11% |
3 Years Returns | 49.57% | 14.36% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.56% as on March 2025
₹8277 Cr as on March 2025
HDFC Bank Ltd(7.68%), ICICI Bank Ltd(7.1%), Infosys Ltd(4.2%), Reliance Industries Ltd(3.69%), Bharti Airtel Ltd(3.38%) as on March 2025
Financial Services(28.63%), Consumer Cyclical(13.98%), Industrial(11.29%) as on March 2025
The alpha ratio for the Canara Robeco ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco ELSS Tax Saver Fund Direct Growth | 2.08 | 0.42 | 1.47 |
As on March 2025
The alpha for Canara Robeco ELSS Tax Saver Fund Direct Growth is calculated against BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Canara Robeco ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco ELSS Tax Saver Fund Direct Growth | 0.97 | 0.93 | 0.9 |
As on March 2025
The Beta for Canara Robeco ELSS Tax Saver Fund Direct Growth is calculated with BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Canara Robeco ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Canara Robeco ELSS Tax Saver Fund Direct Growth | 0.15 | 0.54 | 1.29 |
As on March 2025
The sharpe ratio for Canara Robeco ELSS Tax Saver Fund Direct Growth is calculated with BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Canara Robeco ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Canara Robeco ELSS Tax Saver Fund Direct Growth | 16.18 | 14.06 | 14.59 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.88 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shridatta Bhandwaldar, Vishal Mishra are the fund managers of Canara Robeco ELSS Tax Saver Fund Direct Growth
The Exit load of Canara Robeco ELSS Tax Saver Fund Direct Growth is 0%