Canara Robeco Infrastructure Fund Direct Growth
Equity
Direct
Equity - Infrastructure
NAV as on 19-11-2024
₹ 171.04
▲0.6%
1D
Inception Returns
18.4%
/yr
About Canara Robeco Infrastructure Fund Direct Growth
Canara Robeco Infrastructure 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 Infrastructure Fund Direct Growth has ₹848 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Canara Robeco Infrastructure Fund Direct Growth has given a CAGR return of 18.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 50.80%, 28.03% and 29.65% respectively.
Holdings
Canara Robeco Infrastructure Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Utilities, Energy, Tech, Financial Services, Basic Materials, Communication, Real Estate, Consumer Cyclical. Its top holdings are NTPC Ltd, Larsen & Toubro Ltd, Reliance Industries Ltd, Power Grid Corp Of India Ltd, Hitachi Energy India Ltd Ordinary Shares
Taxation
As it is a equity - infrastructure 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 Infrastructure Fund Direct Growth
To generate income/capital appreciation by investing in equities and equity related instruments of companies in the infrastructure sector. 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 Infrastructure Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
976 people have invested ₹ 1.4Cr in Canara Robeco Infrastructure Fund Direct Growth in the last three months
INDmoney Rank for Canara Robeco Infrastructure Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Canara Robeco Infrastructure Fund Direct Growth Overview
| Expense ratio | 1% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹848 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 27.15% |
| 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
47.5%
Mid cap
24.3%
Small cap
21.6%
Sector Allocation
Industrial
50.3%
Utilities
13.2%
Energy
9%
Tech
8%
Financial Services
6.5%
Basic Materials
6.1%
Communication
3.3%
Real Estate
1.8%
Consumer Cyclical
1.8%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.95% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.57% in Oct'24
- AUM of the fund stands at 848.1 Cr as of Oct'24
- AUM decreased by 35.2 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Tata Power Co Ltd's allocation increased from 2.19% to 3.37%
NTPC Ltd's allocation increased from 5.18% to 5.45%
State Bank of India's allocation increased from 2.85% to 3.09%
Top Stocks sold last month
Larsen & Toubro Ltd's allocation decreased from 5.97 % to 5.27 %
Reliance Industries Ltd's allocation decreased from 4.09 % to 3.84 %
Power Grid Corp Of India Ltd's allocation decreased from 3.91 % to 3.7 %
Mid Cap allocation has gone down from 24.9% to 24.3%
Large Cap allocation has gone down from 49.2% to 47.5%
Small Cap allocation has gone down from 21.8% to 21.6%
Cash allocation has gone up from 4.2% to 5.4%
Top 3 Sectors in October were Industrial, Utilities & Energy
Oct'24
Industrial
50%
Utilities
13%
Energy
9%
Sep'24
Industrial
54%
Utilities
12%
Energy
8%
See all
Top Growth Drivers | 1M Return |
|---|---|
 GE Vernova T&D India Ltd | 7.3% |
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Shridatta Bhandwaldar
Fund Manager of Canara Robeco Infrastructure Fund Direct Growth, since 29 September 2018
Top funds managed
Vishal Mishra
Fund Manager of Canara Robeco Infrastructure Fund Direct Growth, since 26 June 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
Mutual Fund Insights
In the last 1 year, LIC MF Infrastructure Fund Direct Plan Growth Option has given 58.6% return, outperforming this fund by 7.8%.
Over the last 6 months, this fund has decreased expense ratio by 16.7% moving from 1.20 to 1.00.
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 34.8% return, outperforming this fund by 5.15% per annum.
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 1% which is lower than the category average expense ratio of 1.5%.
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 31.82% return, outperforming this fund by 3.78% per annum.
Over the last 6 months, this fund has experienced a 42.0% growth in AUM moving from 597.25 Cr to 848.06 Cr.
Canara Robeco Infrastructure 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 18.45% since inception which is more than its category average return of 13.98%
Fund Allocations
This fund has an allocation of 94.62% in Equity, 0% in Debt and 5.38% in Cash related instruments
AUM size ₹848 Cr
This fund has AUM of ₹848 Cr which is less than its category average of ₹ 1981 Cr
Expense Ratio 1%
This fund has an expense ratio of 1% which is less than its category average expense ratio of 1.69%
Frequently Asked Questions for Canara Robeco Infrastructure Fund Direct Growth
The current NAV of Canara Robeco Infrastructure Fund Direct Growth is ₹171.04 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Canara Robeco Infrastructure Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -8.3% | -8.3% |
6 Month Returns | 3.72% | 3.72% |
1 Year Returns | 50.8% | 50.8% |
3 Years Returns | 109.86% | 28.03% |
5 Years Returns | 266.25% | 29.65% |
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.
1% as on October 2024
₹848 Cr as on October 2024
NTPC Ltd(5.45%), Larsen & Toubro Ltd(5.27%), Reliance Industries Ltd(3.84%), Power Grid Corp Of India Ltd(3.7%), Hitachi Energy India Ltd Ordinary Shares(3.5%) as on October 2024
Industrial(47.56%), Utilities(12.52%), Energy(8.52%) as on October 2024
The alpha ratio for the Canara Robeco Infrastructure Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco Infrastructure Fund Direct Growth | 22.04 | 13.25 | 9.33 |
As on October 2024
The alpha for Canara Robeco Infrastructure 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 Infrastructure Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco Infrastructure Fund Direct Growth | 0.92 | 0.94 | 0.95 |
As on October 2024
The Beta for Canara Robeco Infrastructure 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 Infrastructure 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 Infrastructure Fund Direct Growth | 2.62 | 1.45 | 1.16 |
As on October 2024
The sharpe ratio for Canara Robeco Infrastructure 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 Infrastructure 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 Infrastructure Fund Direct Growth | 17.19 | 15.47 | 20.29 |
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 3.32 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.77 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Shridatta Bhandwaldar, Vishal Mishra are the fund managers of Canara Robeco Infrastructure Fund Direct Growth
The Exit load of Canara Robeco Infrastructure Fund Direct Growth is 1%