Canara Robeco Manufacturing Fund Direct Growth
Hybrid
Direct
Fund Of Funds
NAV as on 27-01-2025
₹ 11.21
1D
Inception Returns
12.1%
/yr
About Canara Robeco Manufacturing Fund Direct Growth
Canara Robeco Manufacturing Fund Direct Growth is a hybrid fund. This fund was started on 11 March, 2024. The fund is managed by Shridatta Bhandwaldar, Pranav Gokhale. This fund gives you the benefit of diversification.
Key Parameters
- Canara Robeco Manufacturing Fund Direct Growth has ₹1700 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Canara Robeco Manufacturing Fund Direct Growth has given a CAGR return of 12.10% since inception.
Holdings
Canara Robeco Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Energy, Health, Tech, Utilities.
Taxation
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Canara Robeco Manufacturing Fund Direct Growth
The scheme aims to generate long-term capital appreciation by investing predominantly in equities and equity related instruments of companies engaged in the Manufacturing theme. 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 Manufacturing Fund Direct Growth has no lock in period.
Historical NAV & Returns
Canara Robeco Manufacturing Fund Direct Growth Overview
| Expense ratio | 0.54% |
Benchmark | Nifty India Manufacturing TR INR |
| AUM | ₹1700 Cr |
| Inception Date | 11 March, 2024 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 67.93% |
| STCG | Selling mutual fund 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 (27-Jan-25)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 1.7K Cr as of Dec'24
- AUM has remained same between Dec'24 and Nov'24
Top 3 Sectors in December were Industrial, Consumer Cyclical & Basic Materials
Canara Robeco Manufacturing Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1700 Cr
Expense Ratio 0.54%
Frequently Asked Questions for Canara Robeco Manufacturing Fund Direct Growth
Canara Robeco Manufacturing Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.96% | -9.96% |
6 Month Returns | -11.59% | -11.59% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.