Canara Robeco Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 22-11-2024
₹ 20.13
▲1.5%
1D
Inception Returns
22%
/yr
About Canara Robeco Focused Equity Fund Direct Growth
Canara Robeco Focused Equity Fund Direct Growth is an equity fund. This fund was started on 17 May, 2021. The fund is managed by Shridatta Bhandwaldar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Canara Robeco Focused Equity Fund Direct Growth has ₹2514 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Canara Robeco Focused Equity Fund Direct Growth has given a CAGR return of 22.00% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 34.56% and 18.13% respectively.
Holdings
Canara Robeco Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Basic Materials, Communication, Energy, Utilities, Consumer Defensive. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Bharti Airtel Ltd, Trent Ltd
Taxation
As it is a focused fund 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 Focused Equity Fund Direct Growth
The investment objective of the scheme is to generate long term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies. 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 Focused Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
423 people have invested ₹ 65.8L in Canara Robeco Focused Equity Fund Direct Growth in the last three months
INDmoney Rank for Canara Robeco Focused Equity Fund Direct Growth
Powered by IND quant engine
4
/19
54% Performance
64% Risk Management
98% Cost
4 out of 19 among focused fund
Lower volatility within category
Protects capital during bear phase
Recovers losses quickly
No bad points found for this fund.
Canara Robeco Focused Equity Fund Direct Growth Overview
| Expense ratio | 0.49% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2514 Cr |
| Inception Date | 17 May, 2021 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 43.28% |
| 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 (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
74.9%
Mid cap
12.9%
Small cap
5.1%
Sector Allocation
Financial Services
29.5%
Consumer Cyclical
17.2%
Industrial
12.3%
Tech
10.4%
Health
9.7%
Basic Materials
7.5%
Communication
5.1%
Energy
3.2%
Utilities
2.7%
Consumer Defensive
2.5%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.03% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.49% in Oct'24
- AUM of the fund stands at 2.5K Cr as of Oct'24
- AUM decreased by 133.1 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 6.1% to 7.02%
Bharat Electronics Ltd's allocation increased from 3.2% to 3.77%
ICICI Bank Ltd's allocation increased from 8.05% to 8.61%
Top Stocks sold last month
Trent Ltd's allocation decreased from 4.4 % to 4.08 %
Reliance Industries Ltd's allocation decreased from 3.71 % to 3 %
SBI Life Insurance Co Ltd's allocation decreased from 3.1 % to 2.87 %
Small Cap allocation has gone up from 3.9% to 5.1%
Mid Cap allocation has gone up from 12.6% to 12.9%
Large Cap allocation has gone down from 75.4% to 74.9%
Cash allocation has gone down from 6.2% to 5.4%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech
Oct'24
Financial Services
30%
Consumer Cyclical
17%
Industrial
12%
Sep'24
Financial Services
29%
Consumer Cyclical
18%
Tech
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.61% | 0% | |
 HDFC Bank Ltd | 7.02% | 9.1% | |
 Infosys Ltd | 5.43% | 3.3% | |
 Bharti Airtel Ltd | 4.81% | 7.1% | |
 Trent Ltd | 4.08% | -6.5% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 GE Vernova T&D India Ltd | 7.3% |
 Max Healthcare Institute Ltd | 4.9% |
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Shridatta Bhandwaldar
Fund Manager of Canara Robeco Focused Equity Fund Direct Growth, since 17 May 2021
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
Canara Robeco Focused Equity 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 22% since inception which is more than its category average return of 16.61%
Fund Allocations
This fund has an allocation of 94.6% in Equity, 0% in Debt and 5.4% in Cash related instruments
AUM size ₹2514 Cr
This fund has AUM of ₹2514 Cr which is less than its category average of ₹ 4697 Cr
Expense Ratio 0.49%
This fund has an expense ratio of 0.49% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions for Canara Robeco Focused Equity Fund Direct Growth
The current NAV of Canara Robeco Focused Equity Fund Direct Growth is ₹20.13 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
Canara Robeco Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.84% | -0.84% |
6 Month Returns | 13.28% | 13.28% |
1 Year Returns | 34.56% | 34.56% |
3 Years Returns | 64.86% | 18.13% |
5 Years Returns | 0% | 0% |
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.
0.49% as on October 2024
₹2514 Cr as on October 2024
ICICI Bank Ltd(8.61%), HDFC Bank Ltd(7.02%), Infosys Ltd(5.43%), Bharti Airtel Ltd(4.81%), Trent Ltd(4.08%) as on October 2024
Financial Services(27.95%), Consumer Cyclical(16.26%), Industrial(11.67%) as on October 2024
The alpha ratio for the Canara Robeco Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco Focused Equity Fund Direct Growth | 7.98 | 3.54 | - |
As on October 2024
The alpha for Canara Robeco Focused Equity 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco Focused Equity Fund Direct Growth | 0.83 | 0.85 | - |
As on October 2024
The Beta for Canara Robeco Focused Equity 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 Focused Equity 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 Focused Equity Fund Direct Growth | 2.43 | 0.96 | - |
As on October 2024
The sharpe ratio for Canara Robeco Focused Equity 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 Focused Equity 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 Focused Equity Fund Direct Growth | 11.89 | 12.34 | - |
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 1.79 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.59 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Shridatta Bhandwaldar is the fund manager of Canara Robeco Focused Equity Fund Direct Growth
The Exit load of Canara Robeco Focused Equity Fund Direct Growth is 1%