Canara Robeco Focused Equity Fund Direct Growth

Canara Robeco Focused Equity Fund Direct Growth

Equity

Direct

Focused Fund

NAV as on 23-12-2024

₹ 20.5

-1.3%

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

  1. Canara Robeco Focused Equity Fund Direct Growth has ₹2553 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
  2. 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 29.04% and 19.63% 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, Consumer Defensive, Energy, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Bharti Airtel Ltd, Zomato 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 benefit
Dividends 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

zero opening, trading, fund transfer fee
418 people have invested ₹ 54.3L 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
53% Performance
59% Risk Management
96% Cost
4 out of 19 among focused fund
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Lower volatility within category
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Recovers losses quickly
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No bad points found for this fund.

Canara Robeco Focused Equity Fund Direct Growth Overview

Expense ratio0.5%
Benchmark
S&P BSE 500 India TR INR
AUM₹2553 Cr
Inception Date17 May, 2021
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
43.28%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (23-Dec-24)

Period
Canara Robeco Focused Equity Fund Direct Growth
Nifty 500
focused fund
1M
2.7%
0.8%
1.8%
3M
-4.7%
-8.1%
-6.7%
6M
8.6%
0.8%
3%
1Y
29%
17.6%
23.6%
3Y
19.6%
15%
17.3%

Fund Distribution

as on (30-Nov-24)

  • Equity 96.3%

  • Debt & Cash 3.7%

Large cap
76.8%

Mid cap
12.5%

Small cap
5.3%

Sector Allocation

Nov'24

Oct'24

Sep'24

Financial Services
28.7%
Consumer Cyclical
17.2%
Industrial
12.8%
Tech
11.5%
Health
8.9%
Basic Materials
6.2%
Communication
5%
Consumer Defensive
4.4%
Energy
3%
Utilities
2.3%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
1.24%
-5.03%
3.96%
Nifty 500
-0.60%
-6.52%
2.04%
  • This fund’s returns stands at 1.24% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
  • This fund outperformed Nifty 500 by 1.84% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 2.6K Cr
₹ 2.5K Cr
₹ 2.6K Cr
  • AUM of the fund stands at 2.6K Cr as of Nov'24
  • AUM increased by 39 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Tata Consultancy Services Ltd's allocation increased from 2.74% to 3.74%
Tata Consultancy Services Ltd's allocation increased from 2.74% to 3.74%
Larsen & Toubro Ltd's allocation increased from 2.97% to 3.74%
Larsen & Toubro Ltd's allocation increased from 2.97% to 3.74%
Zomato Ltd's allocation increased from 3.76% to 4.28%
Zomato Ltd's allocation increased from 3.76% to 4.28%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 8.61 % to 8.53 %
ICICI Bank Ltd's allocation decreased from 8.61 % to 8.53 %
Bharti Airtel Ltd's allocation decreased from 4.81 % to 4.78 %
Bharti Airtel Ltd's allocation decreased from 4.81 % to 4.78 %
Trent Ltd's allocation decreased from 4.08 % to 3.83 %
Trent Ltd's allocation decreased from 4.08 % to 3.83 %
Large Cap allocation has gone up from 74.9% to 76.8%
Large Cap allocation has gone up from 74.9% to 76.8%
Small Cap allocation has gone up from 5.1% to 5.3%
Small Cap allocation has gone up from 5.1% to 5.3%
Mid Cap allocation has gone down from 12.9% to 12.5%
Mid Cap allocation has gone down from 12.9% to 12.5%
Cash allocation has gone down from 5.4% to 3.7%
Cash allocation has gone down from 5.4% to 3.7%

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

Nov'24
Financial Services
29%
Consumer Cyclical
17%
Industrial
13%
Oct'24
Financial Services
30%
Consumer Cyclical
17%
Industrial
12%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
32
32
32
Top 5 Company Concentration
30.4%
29.9%
28.4%
Company having highest exposure
ICICI Bank Ltd (8.5%)
ICICI Bank Ltd (8.6%)
ICICI Bank Ltd (8.1%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
79.1%
79.1%
76.8%
Sector having highest exposure
Financial Services (28.7%)
Financial Services (29.5%)
Financial Services (29.1%)
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Shridatta Bhandwaldar
Shridatta Bhandwaldar
Fund Manager of Canara Robeco Focused Equity Fund Direct Growth, since 17 May 2021
Fund House
Canara Robeco Asset Management Co. Ltd.
Total AUM
₹1.1L Cr
as on 29-Nov-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

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 22% since inception which is more than its category average return of 16.92%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.27% in Equity, 0% in Debt and 3.73% in Cash related instruments
AUM size ₹2553 Cr

AUM size ₹2553 Cr

This fund has AUM of ₹2553 Cr which is less than its category average of ₹ 4714 Cr
Expense Ratio 0.5%

Expense Ratio 0.5%

This fund has an expense ratio of 0.5% 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 ₹20.5 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Canara Robeco Focused Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.66%
2.66%
6 Month Returns
8.61%
8.61%
1 Year Returns
29.04%
29.04%
3 Years Returns
71.19%
19.63%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.5% as on November 2024
₹2553 Cr as on November 2024
ICICI Bank Ltd(8.53%), HDFC Bank Ltd(7.16%), Infosys Ltd(5.65%), Bharti Airtel Ltd(4.78%), Zomato Ltd(4.28%) as on November 2024
Financial Services(27.64%), Consumer Cyclical(16.55%), Industrial(12.29%) as on November 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
8.63
3.19
-
As on November 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
0.84
0.86
-
As on November 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
2.09
1
-
As on November 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
11.39
12.28
-
As on November 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 1.87 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.5 as on November 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%