Canara Robeco Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 06-09-2024
₹ 373.27
1D
Inception Returns
16.3%
/yr
About the Fund
Canara Robeco Flexi Cap 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 Flexi Cap Fund Direct Growth has ₹13516 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Canara Robeco Flexi Cap Fund Direct Growth has given a CAGR return of 16.31% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.92%, 15.52% and 23.17% respectively.
Holdings
Canara Robeco Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Consumer Defensive, Health, Energy, Communication, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd
Taxation
As it is a flexi 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 Flexi Cap Fund Direct Growth
To generate capital appreciation by investing in equity and equity related securities. 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 100.00. Canara Robeco Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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2303 people have invested ₹ 1.8Cr in Canara Robeco Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
8
/19
40% Performance
36% Risk Management
85% Cost
8 out of 19 among flexi cap
Beats FD returns for both 3Y & 5Y
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 0.53% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹13516 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 30.51% |
| 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 (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
73.5%
Mid cap
17.5%
Small cap
5.7%
Sector Allocation
Financial Services
26.9%
Consumer Cyclical
16.3%
Industrial
11.6%
Tech
11%
Basic Materials
7.7%
Consumer Defensive
7.6%
Health
6.3%
Energy
5.3%
Communication
3%
Utilities
2.9%
Real Estate
1.4%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 4.11% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.58% in Jul'24
- AUM of the fund stands at 13.4K Cr as of Jul'24
- AUM increased by 215.5 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 3.12% to 4.08%
HCL Technologies Ltd's allocation increased from 1.55% to 1.97%
Zomato Ltd's allocation increased from 0.71% to 1.04%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.15 % to 6.15 %
Reliance Industries Ltd's allocation decreased from 4.65 % to 4.23 %
Bharti Airtel Ltd's allocation decreased from 5.26 % to 2.94 %
Cash allocation has gone up from 3.1% to 3.2%
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial
Jul'24
Financial Services
27%
Consumer Cyclical
16%
Industrial
12%
Jun'24
Financial Services
28%
Consumer Cyclical
17%
Industrial
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 6.54% | 0.7% | |
 HDFC Bank Ltd | 6.15% | -8.9% | |
 Reliance Industries Ltd | 4.23% | -3.8% | |
 Infosys Ltd | 4.08% | 11.4% | |
 Bharti Airtel Ltd | 2.94% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 33.5% |
 Mankind Pharma Ltd | 21.3% |
 Uno Minda Ltd | 19.8% |
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Shridatta Bhandwaldar
Fund Manager of Canara Robeco Flexi Cap Fund Direct Growth, since 5 July 2016
Top funds managed
Fund House
Canara Robeco Asset Management Co. Ltd.
Total Schemes
Total AUM
₹89.05K Cr
as on 31-Jul-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
In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 61.53% return, outperforming this fund by 23.96%.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.53% which is lower than the category average expense ratio of 1.15%.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 30.21% return, outperforming this fund by 14.09% per annum.
Over the last 1 month, this fund has experienced a 2.4% growth in AUM moving from 13.19K Cr to 13.51K Cr.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 38.47% return, outperforming this fund by 14.83% per annum.
Canara Robeco Flexi Cap 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 16.31% since inception which is less than its category average return of 22.22%
Fund Allocations
This fund has an allocation of 96.78% in Equity, 0% in Debt and 3.22% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 8680 Cr
Expense Ratio 0.53%
This fund has an expense ratio of 0.53% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions
The current NAV of Canara Robeco Flexi Cap Fund Direct Growth is ₹373.27 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
Canara Robeco Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.47% | 5.47% |
6 Month Returns | 17.03% | 17.03% |
1 Year Returns | 35.92% | 35.92% |
3 Years Returns | 54.17% | 15.52% |
5 Years Returns | 183.45% | 23.17% |
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.
0.53% as on August 2024
₹13516 Cr as on August 2024
ICICI Bank Ltd(6.54%), HDFC Bank Ltd(6.15%), Reliance Industries Ltd(4.23%), Infosys Ltd(4.08%), Bharti Airtel Ltd(2.94%) as on August 2024
Financial Services(26.07%), Consumer Cyclical(15.82%), Industrial(11.22%) as on August 2024
The alpha ratio for the Canara Robeco Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco Flexi Cap Fund Direct Growth | 1.76 | -0.8 | 2.34 |
As on August 2024
The alpha for Canara Robeco Flexi Cap Fund Direct Growth is calculated against S&P 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco Flexi Cap Fund Direct Growth | 0.9 | 0.89 | 0.86 |
As on August 2024
The Beta for Canara Robeco Flexi Cap Fund Direct Growth is calculated with S&P 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 Flexi Cap 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 Flexi Cap Fund Direct Growth | 2.68 | 0.87 | 1.05 |
As on August 2024
The sharpe ratio for Canara Robeco Flexi Cap Fund Direct Growth is calculated with S&P 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 Flexi Cap 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 Flexi Cap Fund Direct Growth | 10.24 | 11.98 | 16.47 |
As on August 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 1.61 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shridatta Bhandwaldar is the fund manager of Canara Robeco Flexi Cap Fund Direct Growth
The Exit load of Canara Robeco Flexi Cap Fund Direct Growth is 1%