Canara Robeco ELSS Tax Saver Fund Direct Growth

Equity

Elss (Tax Savings)

NAV as on 27-03-2025

₹ 179.91

▼-0.8%

Inception Returns

15.8%

/yr

Historical NAV & Returns

Absolute

▲

▼

8755 people have invested ₹ 3Cr 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 ₹7717 Cr worth of assets under management (AUM) as on Feb 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 15.75% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.21%, 14.52% and 25.79% 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 benefit
Dividends 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	0.57%
Benchmark	S&P BSE 200 India TR INR
AUM	₹7717 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

/23

40% Performance

50% Risk Management

87% 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 (27-Mar-25)

Period	Canara Robeco ELSS Tax Saver Fund Direct Growth	Nifty 500	elss (tax savings)
1M	3.7%	4.2%	2.9%
3M	-6%	-5.1%	-7.7%
6M	-12.7%	-13.2%	-13.7%
1Y	9.2%	6.3%	7%
3Y	14.5%	13.2%	14.9%
5Y	25.8%	24.9%	25.3%

Fund Distribution

as on (28-Feb-25)

Equity 95.5%
Debt & Cash 4.5%

Large cap

71.1%

Mid cap

14.6%

Small cap

9.9%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services

29.5%

Consumer Cyclical

14.9%

Industrial

11.5%

Tech

9.5%

Health

Consumer Defensive

6.3%

Basic Materials

5.8%

Energy

5.8%

Utilities

4.1%

Communication

3.9%

Real Estate

All changes are between Dec'24 and Feb'25

	Dec'24
Fund Returns	-1.54%
Nifty 500	-2.02%

Parameters	Feb'25	Jan'25	Dec'24
AUM	₹ 7.7K Cr	₹ 8.4K Cr	₹ 8.8K Cr

AUM of the fund stands at 7.7K Cr as of Feb'25
AUM decreased by 658.6 Cr between Feb'25 and Jan'25

Top Stocks bought last month

HDFC Bank Ltd's allocation increased from 6.87% to 7.69%

Bajaj Finance Ltd's allocation increased from 2.33% to 2.74%

Maruti Suzuki India Ltd's allocation increased from 0.8% to 1.19%

Top Stocks sold last month

Infosys Ltd's allocation decreased from 4.85 % to 4.84 %

Larsen & Toubro Ltd's allocation decreased from 2.72 % to 2.66 %

State Bank of India's allocation decreased from 2.3 % to 2.25 %

Small Cap allocation has gone down from 12.4% to 9.9%

Mid Cap allocation has gone down from 16.1% to 14.6%

Large Cap allocation has gone up from 66.3% to 71.1%

Cash allocation has gone up from 4.4% to 4.5%

Top 3 Sectors in February were Financial Services, Consumer Cyclical & Industrial

Feb'25

Financial Services

29%

Consumer Cyclical

15%

Industrial

11%

Jan'25

Financial Services

28%

Consumer Cyclical

15%

Industrial

12%

Equity

Holdings	Weight%	1M Change
HDFC Bank Ltd	7.69%	1.2%
ICICI Bank Ltd	6.8%	0.8%
Infosys Ltd	4.84%	2.3%
Reliance Industries Ltd	3.67%	0%
Bharti Airtel Ltd	3.29%	0%

See all

Returns %
Fund Ratios
Overview

Funds	1Y Returns	3Y Returns	5Y Returns	Since Inception
Canara Robeco ELSS Tax Saver Fund Direct Growth	9.21%	14.52%	25.79%	15.75%
DSP ELSS Tax Saver Fund Direct Plan Growth	18.26%	19.55%	30.1%	18%
SBI Long Term Equity Fund Direct Growth	11.58%	24.75%	32.51%	16.57%
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth	10.37%	15.05%	28.03%	18.99%

See all

Gainers
Losers

Top Growth Drivers	1M Return
HDFC Bank Ltd	6.2%
Cholamandalam Investment & Finance Company Ltd	5.8%
Bajaj Finance Ltd	1.9%

Fund	Feb'25	Jan'25	Dec'24
No of Holdings	71	72	72
Top 5 Company Concentration	26.3%	24.9%	24.5%
Company having highest exposure	HDFC Bank Ltd (7.7%)	HDFC Bank Ltd (6.9%)	HDFC Bank Ltd (6.9%)
No of Sectors	11	11	11
Top 5 Sectors Concentration	72.2%	71.7%	72.6%
Sector having highest exposure	Financial Services (29.5%)	Financial Services (27.8%)	Financial Services (28.2%)

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

Scheme	Annualised Returns(3Y)	Category Returns(3Y)
Canara Robeco Emerging Equities Direct Plan Growth Option	16.44%	16.68%
Canara Robeco Bluechip Equity Fund Direct Plan Growth	15.59%	13.47%
Canara Robeco Flexi Cap Fund Direct Plan Growth Option	14.08%	14.35%

Vishal Mishra

Fund Manager of Canara Robeco ELSS Tax Saver Fund Direct Growth, since 26 June 2021

Top funds managed

Scheme	Annualised Returns(3Y)	Category Returns(3Y)
Canara Robeco Bluechip Equity Fund Direct Plan Growth	15.59%	13.47%
Canara Robeco Infrastructure Direct Plan Growth	27.7%	23.79%
Canara Robeco ELSS Tax Saver Direct Plan Growth Option	14.83%	15.3%

Fund House

Canara Robeco Asset Management Co. Ltd.

Total Schemes

See all Canara Robeco schemes

Total AUM

₹1.11L Cr

as on 28-Feb-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

This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.57% which is lower than the category average expense ratio of 1.3%.

In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 39.75% return, outperforming this fund by 13.96% per annum.

Over the last 3 months, this fund has experienced a 12.5% drop in AUM moving from 8.81K Cr to 7.71K Cr.

In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 24.75% return, outperforming this fund by 10.23% per annum.

In the last 1 year, DSP ELSS Tax Saver Fund Direct Plan Growth has given 18.26% return, outperforming this fund by 9.05%.

Over the last 3 months, this fund has increased expense ratio by 11.8% moving from 0.51 to 0.57.

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 15.75% since inception which is more than its category average return of 14.48%

Fund Allocations

This fund has an allocation of 95.55% in Equity, 0% in Debt and 4.45% in Cash related instruments

AUM size ₹7717 Cr

This fund has AUM of ₹7717 Cr which is more than its category average of ₹ 4477 Cr

Expense Ratio 0.57%

This fund has an expense ratio of 0.57% which is less than its category average expense ratio of 1.4%

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 ₹179.91 as on 27-Mar-2025.

Existing (Absolute + CAGR) as on 27-Mar-2025.

Canara Robeco ELSS Tax Saver Fund Direct Growth	Absolute Returns	CAGR Returns
1 Month Returns	3.7%	3.7%
6 Month Returns	-12.7%	-12.7%
1 Year Returns	9.21%	9.21%
3 Years Returns	50.18%	14.52%
5 Years Returns	214.92%	25.79%

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0.57% as on February 2025

₹7717 Cr as on February 2025

HDFC Bank Ltd(7.69%), ICICI Bank Ltd(6.8%), Infosys Ltd(4.84%), Reliance Industries Ltd(3.67%), Bharti Airtel Ltd(3.29%) as on February 2025

Financial Services(28.14%), Consumer Cyclical(14.21%), Industrial(10.95%) as on February 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	2.41	-0.27	1.08

As on February 2025

The alpha for Canara Robeco ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 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	0.92	0.9

As on February 2025

The Beta for Canara Robeco ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 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	-0.24	0.43	0.73

As on February 2025

The sharpe ratio for Canara Robeco ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 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	14.64	13.61	17.94

As on February 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 0.68 as on February 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%

Canara Robeco ELSS Tax Saver Fund Direct Growth

Historical NAV & Returns

About Canara Robeco ELSS Tax Saver Fund Direct Growth

Key Parameters

Returns

Holdings

Taxation

Investment objective of Canara Robeco ELSS Tax Saver Fund Direct Growth

Minimum Investment and lockin period

Canara Robeco ELSS Tax Saver Fund Direct Growth Overview

INDmoney Rank for Canara Robeco ELSS Tax Saver Fund Direct Growth

Trailing Returns

Fund Distribution

Monthly Changes

Top Holdings

Peer Comparison

Gainers & Losers

Concentration Analysis

Fund Manager

AMC Details

Mutual Fund Insights

Canara Robeco ELSS Tax Saver Fund Direct Growth Highlights

Very High Risk

About the fund

Fund Allocations

AUM size ₹7717 Cr

Expense Ratio 0.57%

Frequently Asked Questions for Canara Robeco ELSS Tax Saver Fund Direct Growth

What is the current NAV of Canara Robeco ELSS Tax Saver Fund Direct Growth?

What are the average returns of Canara Robeco ELSS Tax Saver Fund Direct Growth?

How do I invest in Canara Robeco ELSS Tax Saver Fund Direct Growth?

What is the expense ratio of Canara Robeco ELSS Tax Saver Fund Direct Growth?

What is net assets under management (AUM) of Canara Robeco ELSS Tax Saver Fund Direct Growth?

What are the top 5 holdings of Canara Robeco ELSS Tax Saver Fund Direct Growth?

What are the top 3 sectors that this Canara Robeco ELSS Tax Saver Fund Direct Growth has invested in?

What is the alpha of Canara Robeco ELSS Tax Saver Fund Direct Growth?

What is the beta of Canara Robeco ELSS Tax Saver Fund Direct Growth??

What is the sharpe ratio of Canara Robeco ELSS Tax Saver Fund Direct Growth?

What is the standard deviation of Canara Robeco ELSS Tax Saver Fund Direct Growth?

What is the Sortino ratio of Canara Robeco ELSS Tax Saver Fund Direct Growth?

Who is the manager of Canara Robeco ELSS Tax Saver Fund Direct Growth?

What is the exit load of Canara Robeco ELSS Tax Saver Fund Direct Growth?