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Very Good performance in the category
The scheme is ranked 1 in ELSS category by Crisil. If you are already invested in this scheme, you may continue to stay invested.
View Top ranked funds in this category
Returns (NAV as on May-25-2012)
| Period | Returns (%) | Rank # |
|---|---|---|
| 1 mth | -3.9 | 9 |
| 3 mth | -2.3 | 9 |
| 6 mth | 3.9 | 12 |
| 1 year | -2.3 | 6 |
| 2 year | 3.5 | 11 |
| 3 year | 14.7 | 5 |
| 5 year | 11.6 | 1 |
# Moneycontrol Rank within 51 ELSS Schemes.
Absolute Returns (in %)
| Year | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | Annual |
|---|---|---|---|---|---|
| 2012 | 14.1 | - | - | - | - |
| 2011 | -5.3 | 1.7 | -7.7 | -5.0 | -16.5 |
| 2010 | 6.2 | 5.3 | 13.5 | -3.5 | 23.9 |
| 2009 | -7.9 | 56.7 | 20.0 | 4.7 | 85.1 |
| 2008 | - | - | -0.8 | -11.9 | -47.3 |
* Returns over 1 year are Annualised
Performance
Fund returns v/s Category average (ELSS)
| 1 mth (%) | 3 mth (%) | 6 mth (%) | 1 yr (%) | 2 yr (%) | 3 yr (%) | 5yr (%) | |
| Fund Returns | -3.9 | -2.3 | 3.9 | -2.3 | 3.5 | 14.7 | 11.6 |
| Category avg | -4.6 | -4.1 | 2.3 | -6.7 | -0.1 | 8.5 | 2.2 |
| Difference of Fund returns and Category returns | 0.7 | 1.8 | 1.6 | 4.4 | 3.6 | 6.2 | 9.4 |
| Best of category | -2.5 | 4.4 | 15.6 | 3.4 | 9.3 | 17.1 | 11.6 |
| Worst of category | -9.5 | -9.1 | -3.4 | -22.1 | -12.8 | -0.7 | -6.4 |
| Benchmark returns # | -5.6 | -6.6 | 4.3 | -8.9 | -0.2 | 5.3 | 2.9 |
| Difference of Fund returns and Benchmark returns | 1.7 | 4.3 | -0.4 | 6.6 | 3.7 | 9.4 | 8.7 |
Investment Info
Investment Objective
ELSS seeking to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961.
Scheme details
| Fund Type | Open-Ended |
|---|---|
| Investment Plan | Growth |
| Launch date | Mar 31, 1993 |
| Benchmark | BSE-100 |
| Asset Size (Rs cr) | 362.35 (Mar-31-2012) |
| Minimum Investment | Rs.500 |
| Last Dividend | N.A. View Dividend History |
| Bonus | N.A. |
| Fund Manager | Soumendra Nath Lahiri View performance of schemes managed by the Fund Manager |
| Notes | N.A |
Load Details
| Entry Load | N.A |
|---|---|
| Exit Load | 0.00% |
| Load Comments | N.A. |
Contact Details
| Regd. Office | Construction House, 4th Floor, Walchand Hirachand Marg, Ballard Pier, Mumbai, 400001 |
|---|---|
| Tel. No. | 91 22 66585000 - 10 |
| Fax No. | 91 22 66585011-14 |
| crmf@canararobeco.com | |
| Website | http://www.canararobeco.com |
Peer Comparison
| ELSS | Crisil Rank | Assets (Rs.cr) |
|||||
| 3mth (%) | 6mth (%) | 1yr (%) | 3yr (%) | 5yr (%) | |||
| Fidelity Tax Advantage (G) | Rank 1 |
1,167.14 | -4.7 | 1.5 | -7.1 | 14.5 | 7.6 |
| Franklin India Tax Shield (G) | Rank 1 |
812.36 | -4.4 | 1.7 | -2.8 | 14.3 | 8.3 |
| DSP-BRTax Saver Fund (G) | Rank 3 |
724.44 | -2.4 | 6.2 | -7.1 | 11.8 | 6.6 |
| Kotak Tax Saver (G) | Rank 3 |
433.14 | -4.2 | 2.9 | -8.0 | 8.1 | 0.4 |
| HSBC Tax Saver Equity Fund (G) | Rank 3 |
205.59 | -3.5 | 3.6 | -5.9 | 9.7 | 4.5 |
| * Returns over 1 year are Annualised | More » | ||||||
Portfolio
Top Holdings (Apr 30, 12)
| Equity | Sector | Value (Rs cr) |
Asset % |
|---|---|---|---|
| HDFC Bank | Banking/Finance | - | 6.36 |
| Infosys | Technology | - | 5.69 |
| ICICI Bank | Banking/Finance | - | 4.81 |
| ITC | Tobacco | - | 3.42 |
| Reliance | Oil & Gas | - | 3.11 |
| TCS | Technology | - | 2.98 |
| Bharti Airtel | Telecom | - | 2.81 |
| SBI | Banking/Finance | - | 2.73 |
| HDFC | Banking/Finance | - | 2.61 |
| ING Vysya Bank | Banking/Finance | - | 2.60 |
Sector Allocation (Apr 30, 12)
| Sector | % | 1-Year HighLow |
|
|---|---|---|---|
| Banking/Finance | 25.08 | 25.08 | 17.60 |
| Technology | 8.67 | 9.29 | 5.85 |
| Oil & Gas | 8.67 | 12.14 | 7.09 |
| Automotive | 7.94 | 7.94 | 2.33 |
| Cement | 7.90 | 8.65 | 6.61 |
| Pharmaceuticals | 7.25 | 9.28 | 7.25 |
Asset Allocation (%)(Apr 30, 12)
| Equity | 94.46 |
| Others | 0.78 |
| Debt | 0.00 |
| Mutual Funds | N.A |
| Money Market | 5.27 |
| Cash / Call | -0.51 |
Concentration
| Holdings | (%) |
|---|---|
| Top 5 | 23.39 |
| Top 10 | 37.12 |
| Sector | (%) |
|---|---|
| Top 3 | 42.42 |
News & Videos
News
Canara Robeco MF announces changes in fund manager
Canara Robeco Mutual fund has announced appointment of Mr Kiran Shetty as the fund manager.
Mar 31, 2012 at 15:54 | Source: Moneycontrol.com
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SEBI brings in to action the new KYC process
Effective January 1, 2012, all AMCs will adhere to the new KYC process implemented by SEBI to bring ...
Jan 03, 2012 at 16:42 | Source: Moneycontrol.com
-
Canara MF mergers its Multicap and Equity Diversified funds
Canara Robeco has announced the merger of Canara Robeco Multicap, a close ended equity scheme in to ...
Jan 03, 2012 at 15:18 | Source: Moneycontrol.com
Videos
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Oct 25, 2011
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Oct 25, 2011
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Oct 25, 2011
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