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Canara Robeco Equity Taxsaver Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (21-Nov-24)
₹186.20-0.36%1D
Returns (Since Inception)
16.64%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹8,791 Cr
Expense Ratio
0.54%
ISIN
INF760K01EL8
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Canara Robeco Equity Taxsaver Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Canara Robeco Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹186.20, Assets Under Management (AUM) of 8790.70 Crores, and an expense ratio of 0.54%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹186.20, Assets Under Management (AUM) of 8790.70 Crores, and an expense ratio of 0.54%.
- Canara Robeco Equity Taxsaver Fund Direct Growth has given a CAGR return of 16.64% since inception.
- The fund's asset allocation comprises around 95.47% in equities, 0.00% in debts, and 4.53% in cash & cash equivalents.
- You can start investing in Canara Robeco Equity Taxsaver Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+27.32%
+27.83% (Cat Avg.)
3 Years
+13.51%
+14.94% (Cat Avg.)
5 Years
+21.37%
+19.25% (Cat Avg.)
10 Years
+15.06%
+13.87% (Cat Avg.)
Since Inception
+16.64%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹8,392.85 Cr | 95.47% |
| Others | ₹397.85 Cr | 4.53% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹587.98 Cr | 6.69% |
| ICICI Bank Ltd | Equity | ₹559.03 Cr | 6.36% |
| Treps | Cash - Repurchase Agreement | ₹394.82 Cr | 4.49% |
| Infosys Ltd | Equity | ₹371.01 Cr | 4.22% |
| Reliance Industries Ltd | Equity | ₹314.63 Cr | 3.58% |
| Bharti Airtel Ltd | Equity | ₹288.66 Cr | 3.28% |
| Larsen & Toubro Ltd | Equity | ₹231.6 Cr | 2.63% |
| NTPC Ltd | Equity | ₹230.65 Cr | 2.62% |
| State Bank of India | Equity | ₹204.64 Cr | 2.33% |
| Axis Bank Ltd | Equity | ₹177.18 Cr | 2.02% |
| Tata Consultancy Services Ltd | Equity | ₹164.72 Cr | 1.87% |
| Bajaj Finance Ltd | Equity | ₹163.94 Cr | 1.86% |
| Divi's Laboratories Ltd | Equity | ₹161.97 Cr | 1.84% |
| UltraTech Cement Ltd | Equity | ₹149.39 Cr | 1.70% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹141.44 Cr | 1.61% |
| ITC Ltd | Equity | ₹136.86 Cr | 1.56% |
| Samvardhana Motherson International Ltd | Equity | ₹129.38 Cr | 1.47% |
| Trent Ltd | Equity | ₹127.81 Cr | 1.45% |
| Coal India Ltd | Equity | ₹122.05 Cr | 1.39% |
| GE Vernova T&D India Ltd | Equity | ₹121.3 Cr | 1.38% |
| Oberoi Realty Ltd | Equity | ₹114.07 Cr | 1.30% |
| Medi Assist Healthcare Services Ltd | Equity | ₹111.45 Cr | 1.27% |
| Godrej Consumer Products Ltd | Equity | ₹109.79 Cr | 1.25% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹108.33 Cr | 1.23% |
| Deepak Nitrite Ltd | Equity | ₹108.09 Cr | 1.23% |
| Bajaj Auto Ltd | Equity | ₹105.13 Cr | 1.20% |
| PNB Housing Finance Ltd | Equity | ₹104.05 Cr | 1.18% |
| CG Power & Industrial Solutions Ltd | Equity | ₹103.9 Cr | 1.18% |
| Vedant Fashions Ltd | Equity | ₹99.52 Cr | 1.13% |
| Central Depository Services (India) Ltd | Equity | ₹98.69 Cr | 1.12% |
| InterGlobe Aviation Ltd | Equity | ₹97.26 Cr | 1.11% |
| PI Industries Ltd | Equity | ₹97.05 Cr | 1.10% |
| Varun Beverages Ltd | Equity | ₹92.65 Cr | 1.05% |
| Vinati Organics Ltd | Equity | ₹91.83 Cr | 1.04% |
| K.P.R. Mill Ltd | Equity | ₹91.35 Cr | 1.04% |
| Jyothy Labs Ltd | Equity | ₹91.16 Cr | 1.04% |
| HCL Technologies Ltd | Equity | ₹88.3 Cr | 1.00% |
| Tata Power Co Ltd | Equity | ₹88.01 Cr | 1.00% |
| Zomato Ltd | Equity | ₹87.03 Cr | 0.99% |
| JK Cement Ltd | Equity | ₹86.88 Cr | 0.99% |
| Max Financial Services Ltd | Equity | ₹84.68 Cr | 0.96% |
| TVS Motor Co Ltd | Equity | ₹83.54 Cr | 0.95% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹83.39 Cr | 0.95% |
| DOMS Industries Ltd | Equity | ₹82.95 Cr | 0.94% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹82.11 Cr | 0.93% |
| KEI Industries Ltd | Equity | ₹81.27 Cr | 0.92% |
| UNO Minda Ltd | Equity | ₹78.14 Cr | 0.89% |
| FSN E-Commerce Ventures Ltd | Equity | ₹78.12 Cr | 0.89% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹78.02 Cr | 0.89% |
| BSE Ltd | Equity | ₹76.36 Cr | 0.87% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹75.46 Cr | 0.86% |
| Power Finance Corp Ltd | Equity | ₹75.07 Cr | 0.85% |
| Schaeffler India Ltd | Equity | ₹74.9 Cr | 0.85% |
| CCL Products (India) Ltd | Equity | ₹70.64 Cr | 0.80% |
| Sona BLW Precision Forgings Ltd | Equity | ₹69.6 Cr | 0.79% |
| Sonata Software Ltd | Equity | ₹68.85 Cr | 0.78% |
| Bharat Electronics Ltd | Equity | ₹67.66 Cr | 0.77% |
| United Spirits Ltd | Equity | ₹67.53 Cr | 0.77% |
| ABB India Ltd | Equity | ₹66.68 Cr | 0.76% |
| Cummins India Ltd | Equity | ₹64.76 Cr | 0.74% |
| Titan Co Ltd | Equity | ₹62.89 Cr | 0.72% |
| Mphasis Ltd | Equity | ₹61.91 Cr | 0.70% |
| SBI Life Insurance Co Ltd | Equity | ₹60.02 Cr | 0.68% |
| Tata Motors Ltd | Equity | ₹59.63 Cr | 0.68% |
| PVR INOX Ltd | Equity | ₹53.39 Cr | 0.61% |
| Oil India Ltd | Equity | ₹51.89 Cr | 0.59% |
| Linde India Ltd | Equity | ₹49.74 Cr | 0.57% |
| Tech Mahindra Ltd | Equity | ₹44.24 Cr | 0.50% |
| Maruti Suzuki India Ltd | Equity | ₹40.98 Cr | 0.47% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹17.99 Cr | 0.20% |
| Siemens Ltd | Equity | ₹17.65 Cr | 0.20% |
| UTI Asset Management Co Ltd | Equity | ₹4.02 Cr | 0.05% |
| Net Current Assets | Cash | ₹3.03 Cr | 0.03% |
Allocation By Market Cap (Equity)
Large Cap Stocks
64.33%
Mid Cap Stocks
16.67%
Small Cap Stocks
14.48%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹2,400 Cr | 27.30% |
| Consumer Cyclical | ₹1,270.13 Cr | 14.45% |
| Industrials | ₹935.04 Cr | 10.64% |
| Technology | ₹799.03 Cr | 9.09% |
| Basic Materials | ₹582.97 Cr | 6.63% |
| Healthcare | ₹573.7 Cr | 6.53% |
| Consumer Defensive | ₹568.63 Cr | 6.47% |
| Energy | ₹488.58 Cr | 5.56% |
| Communication Services | ₹342.04 Cr | 3.89% |
| Utilities | ₹318.66 Cr | 3.62% |
| Real Estate | ₹114.07 Cr | 1.30% |
Risk & Performance Ratios
Standard Deviation
This fund
12.74%
Cat. avg.
13.29%
Lower the better
Sharpe Ratio
This fund
0.73
Cat. avg.
0.78
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Fund Managers
VM
Vishal Mishra
Since June 2021
SB
Shridatta Bhandwaldar
Since October 2019
Additional Scheme Detailsas of 31st October 2024
ISIN INF760K01EL8 | Expense Ratio 0.54% | Exit Load No Charges | Fund Size ₹8,791 Cr | Age 11 years 10 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark BSE 500 India TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4680.10 Cr | 27.8% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4680.10 Cr | 26.4% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36533.13 Cr | 23.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4273.94 Cr | 26.8% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4273.94 Cr | 25.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹54.03 Cr | 22.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.03 Cr | 20.8% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹388.48 Cr | 31.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹388.48 Cr | 29.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1559.54 Cr | 17.6% |
About the AMC
Canara Robeco Mutual Fund
Total AUM
₹1,08,602 Cr
Address
Construction House, 4th Floor, Mumbai, 400 001
Other Funds by Canara Robeco Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Canara Robeco Equity Taxsaver Fund Direct Growth?
The NAV of Canara Robeco Equity Taxsaver Fund Direct Growth, as of 21-Nov-2024, is ₹186.20.
What are the returns of Canara Robeco Equity Taxsaver Fund Direct Growth?
The fund has generated 27.32% over the last 1 year and 13.51% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Canara Robeco Equity Taxsaver Fund Direct Growth?
The fund's allocation of assets is distributed as 95.47% in equities, 0.00% in bonds, and 4.53% in cash and cash equivalents.
Who manages the Canara Robeco Equity Taxsaver Fund Direct Growth?
The fund managers responsible for Canara Robeco Equity Taxsaver Fund Direct Growth are:-
- Vishal Mishra
- Shridatta Bhandwaldar
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.