Canara Robeco Emerging Equities Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 19-11-2024
₹ 277.12
▲0.7%
1D
Inception Returns
21.4%
/yr
About Canara Robeco Emerging Equities Fund Direct Growth
Canara Robeco Emerging Equities Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Shridatta Bhandwaldar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Canara Robeco Emerging Equities Fund Direct Growth has ₹24108 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Canara Robeco Emerging Equities Fund Direct Growth has given a CAGR return of 21.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.99%, 14.93% and 22.07% respectively.
Holdings
Canara Robeco Emerging Equities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Tech, Health, Basic Materials, Consumer Defensive, Communication, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, Indian Hotels Co Ltd, Bharat Electronics Ltd, Trent Ltd, UNO Minda Ltd
Taxation
As it is a large & mid-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.
Investment objective of Canara Robeco Emerging Equities Fund Direct Growth
To generate capital appreciation by investing in a diversified portfolio of large and mid-cap stocks. 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 5000.00 and for SIP is INR 1000.00. Canara Robeco Emerging Equities Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
10355 people have invested ₹ 11.2Cr in Canara Robeco Emerging Equities Fund Direct Growth in the last three months
INDmoney Rank for Canara Robeco Emerging Equities Fund Direct Growth
Powered by IND quant engine
16
/21
54% Performance
44% Risk Management
83% Cost
16 out of 21 among large & mid-cap
Larger AUM within category
Beats FD returns for both 3Y & 5Y
3Y returns in the bottom 25% of the category
Canara Robeco Emerging Equities Fund Direct Growth Overview
| Expense ratio | 0.58% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹24108 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 43.54% |
| 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 |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
44.9%
Mid cap
37.7%
Small cap
15.5%
Sector Allocation
Consumer Cyclical
32.5%
Financial Services
19.9%
Industrial
13.4%
Tech
9.3%
Health
8.6%
Basic Materials
7.5%
Consumer Defensive
3.4%
Communication
2.4%
Utilities
2.2%
Real Estate
0.8%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.60% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -6.52% as on Oct'24
- This fund outperformed NIFTY 500 by 0.92% in Oct'24
- AUM of the fund stands at 24.1K Cr as of Oct'24
- AUM decreased by 1.4K Cr between Oct'24 and Sep'24
Top Stocks bought last month
State Bank of India's allocation increased from 0.38% to 1.09%
Bajaj Auto Ltd's allocation increased from 0.44% to 1.1%
Mahindra & Mahindra Ltd's allocation increased from 1.04% to 1.4%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 7.31 % to 7.04 %
UNO Minda Ltd's allocation decreased from 4.13 % to 3.95 %
KPIT Technologies Ltd's allocation decreased from 3.66 % to 3.38 %
Large Cap allocation has gone up from 44.2% to 44.9%
Small Cap allocation has gone up from 15% to 15.5%
Mid Cap allocation has gone up from 37% to 37.7%
Cash allocation has gone down from 3.7% to 1.9%
Top 3 Sectors in October were Consumer Cyclical, Financial Services & Industrial
Oct'24
Consumer Cyclical
33%
Financial Services
20%
Industrial
13%
Sep'24
Consumer Cyclical
33%
Financial Services
20%
Industrial
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Max Healthcare Institute Ltd | 5.1% |
 Global Health Ltd | 3.1% |
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Shridatta Bhandwaldar
Fund Manager of Canara Robeco Emerging Equities Fund Direct Growth, since 1 October 2019
Top funds managed
Fund House
Canara Robeco Asset Management Co. Ltd.
Total Schemes
Total AUM
₹1.16L Cr
as on 31-Oct-2024
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 (large & mid-cap). Its expense ratio is 0.58% which is lower than the category average expense ratio of 1.2%.
Over the last 1 year, this fund has increased expense ratio by 28.9% moving from 0.45 to 0.58.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.78% return, outperforming this fund by 4.71% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 47.74% return, outperforming this fund by 14.75%.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 25.16% return, outperforming this fund by 10.24% per annum.
Over the last 1 month, this fund has experienced a 5.5% drop in AUM moving from 25.50K Cr to 24.10K Cr.
Canara Robeco Emerging Equities 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 21.38% since inception which is more than its category average return of 15.9%
Fund Allocations
This fund has an allocation of 98.07% in Equity, 0% in Debt and 1.93% in Cash related instruments
AUM size ₹24108 Cr
This fund has AUM of ₹24108 Cr which is more than its category average of ₹ 7239 Cr
Expense Ratio 0.58%
This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for Canara Robeco Emerging Equities Fund Direct Growth
The current NAV of Canara Robeco Emerging Equities Fund Direct Growth is ₹277.12 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Canara Robeco Emerging Equities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6% | -6% |
6 Month Returns | 9.43% | 9.43% |
1 Year Returns | 32.99% | 32.99% |
3 Years Returns | 51.8% | 14.93% |
5 Years Returns | 171.1% | 22.07% |
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.
0.58% as on October 2024
₹24108 Cr as on October 2024
ICICI Bank Ltd(7.04%), Indian Hotels Co Ltd(4.75%), Bharat Electronics Ltd(4.48%), Trent Ltd(4.42%), UNO Minda Ltd(3.95%) as on October 2024
Consumer Cyclical(31.89%), Financial Services(19.53%), Industrial(13.13%) as on October 2024
The alpha ratio for the Canara Robeco Emerging Equities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco Emerging Equities Fund Direct Growth | 5.46 | -0.65 | 1.32 |
As on October 2024
The alpha for Canara Robeco Emerging Equities 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 Emerging Equities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco Emerging Equities Fund Direct Growth | 0.88 | 0.89 | 0.9 |
As on October 2024
The Beta for Canara Robeco Emerging Equities 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 Emerging Equities 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 Emerging Equities Fund Direct Growth | 2.24 | 0.76 | 0.94 |
As on October 2024
The sharpe ratio for Canara Robeco Emerging Equities 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 Emerging Equities 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 Emerging Equities Fund Direct Growth | 13.16 | 13.13 | 18.34 |
As on October 2024
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 1.37 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shridatta Bhandwaldar is the fund manager of Canara Robeco Emerging Equities Fund Direct Growth
The Exit load of Canara Robeco Emerging Equities Fund Direct Growth is 1%