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Canara Robeco Equity Tax Saver Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 130.6 0.07%
    (as on 29th November, 2022)
Crisil Rank
Above average performance among peers
Risk-O-Meter
Very High

The fund has 97.65% investment in domestic equities of which 61.88% is in Large Cap stocks, 16.14% is in Mid Cap stocks, 4.99% in Small Cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 28th November, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 21-Nov-22 10174.60 1.75% - 1.96% 43/56
1 Month 28-Oct-22 10297.50 2.97% - 2.49% 25/56
3 Month 26-Aug-22 10382.70 3.83% - 4.36% 36/55
6 Month 27-May-22 11508.80 15.09% - 15.67% 29/55
YTD 31-Dec-21 10371.10 3.71% - 5.92% 40/55
1 Year 26-Nov-21 10737.10 7.37% 7.33% 8.44% 36/55
2 Year 27-Nov-20 15370.40 53.70% 23.94% 25.74% 30/55
3 Year 28-Nov-19 18412.80 84.13% 22.54% 20.64% 18/55
5 Year 28-Nov-17 21737.20 117.37% 16.79% 12.25% 4/44
Since Inception 02-Jan-13 43373.20 333.73% 15.96% 15.43% 18/52

SIP Returns (NAV as on 28th November, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 26-Nov-21 12000 12994.66 8.29 % 15.6 %
2 Year 27-Nov-20 24000 27998.57 16.66 % 15.55 %
3 Year 28-Nov-19 36000 50662.02 40.73 % 23.46 %
5 Year 28-Nov-17 60000 99488.15 65.81 % 20.31 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Oct,2022)

Portfolio Turnover Ratio : 35.00%  |   Category average turnover ratio is 47.59%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 97.65% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.65%
No of Stocks : 57 (Category Avg - 46.31) | Large Cap Investments : 61.88%| Mid Cap Investments : 16.14% | Small Cap Investments : 4.99% | Other : 14.64%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ICICI Bank Ltd. Banks 3581.2 8.13% 0.10% 8.32% (Aug 2022) 6.64% (Dec 2021) 39.41 L 50.00 k
Infosys Ltd. Computers - software 2938.9 6.67% 0.30% 8.62% (Mar 2022) 6.01% (Aug 2022) 19.11 L 30.00 k
HDFC Bank Ltd. Banks 2832 6.43% 0.06% 7.19% (Feb 2022) 6.36% (Apr 2022) 18.92 L 20.00 k
Reliance Industries Ltd. Refineries/marketing 1831.9 4.16% 0.07% 7% (Jun 2022) 3.37% (Dec 2021) 7.19 L 0.00
Axis Bank Ltd. Banks 1769.4 4.01% 0.67% 4.01% (Oct 2022) 1.95% (Mar 2022) 19.53 L 50.00 k
State Bank Of India Banks 1595.2 3.62% 0.21% 4.2% (Feb 2022) 2.34% (Mar 2022) 27.80 L 1.00 L
Maruti Suzuki India Ltd. Passenger/utility vehicles 1129 2.56% 0.10% 2.56% (Oct 2022) 1.37% (Dec 2021) 1.19 L 2.00 k
Bharti Airtel Ltd. Telecom - services 1052.5 2.39% -0.03% 2.46% (Jun 2022) 0.76% (Nov 2021) 12.65 L 0.00
Bajaj Finance Ltd. Nbfc 1039.1 2.36% -0.20% 3.71% (Feb 2022) 2% (Jun 2022) 1.45 L 0.00
Tata Consultancy Services Ltd. Computers - software 1033.7 2.35% 0.02% 3.48% (Mar 2022) 2.33% (Sep 2022) 3.24 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 2.52%
Net Receivables Net Receivables -0.17%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st October, 2022)

  • Standard Deviation

    Low volatility
    20.29vs20.38
    Category Avg
  • Beta

    High volatility
    0.92vs0.89
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.72vs0.65
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.16vs0.15
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    2.77vs2.53
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 2126.60 2.83 8.77 20.39 18.42 40.59
HDFC Tax Saver Fund - Direct Plan - Growth 4 10065.81 3.94 8.64 17.95 16.72 18.11
Parag Parikh Tax Saver Fund - Direct Plan - Growth 5 848.19 1.39 8.93 13.77 14.57 25.38
Tata India Tax Savings Fund - Direct Plan - Growth 3 3190.55 4.13 7.80 17.27 13.95 18.15
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3986.13 3.00 6.88 15.22 13.00 24.69
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 4 437.12 3.42 7.67 15.07 12.33 21.41
Kotak Tax Saver Fund - Direct Plan - Growth 5 3062.89 2.98 6.93 16.44 11.58 20.23
SBI Long Term Equity Fund - Direct Plan - Growth 4 11599.86 3.58 7.33 17.98 11.42 19.80
Nippon India Tax Saver Fund - Direct Plan - Growth 3 12051.94 4.15 6.99 15.58 11.38 15.63
Franklin India Taxshield Fund - Direct - Growth 3 5003.82 3.19 8.24 17.17 11.07 18.64

More Funds from Canara Robeco Mutual Fund

Out of 21 mutual fund schemes offered by this AMC, 4 is/are ranked 5 * , 6 is/are ranked 4 * , 6 is/are ranked 3 * , and 5 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Canara Robeco Emerging Equities - Direct Plan - Growth 3 15580.76 1.72 4.12 13.61 5.94 21.76
Canara Robeco Flexi Cap Fund - Direct Plan - Growth 3 8677.14 3.31 5.49 13.50 5.61 19.77
Canara Robeco Bluechip Equity Fund - Direct Plan - Growth 3 8547.68 3.08 6.48 13.49 7.10 18.79
Canara Robeco Equity Hybrid Fund - Direct Plan - Growth 4 8475.73 2.73 4.99 11.91 7.24 16.62
Canara Robeco Equity Tax Saver Fund - Direct Plan - Growth 4 4407.33 3.05 5.14 15.17 7.40 22.80
Canara Robeco Small Cap Fund - Direct Plan - Growth 5 4063.25 2.48 3.11 15.26 18.83 40.75
Canara Robeco Liquid Fund - Direct Plan - Growth 5 2168.21 0.56 1.51 2.77 4.60 3.90
Canara Robeco Focused Equity Fund - Direct Plan - Growth NA 1751.89 2.87 7.01 17.52 9.93 0.00
Canara Robeco Conservative Hybrid Fund - Direct Plan - Growth 4 1142.92 1.53 2.59 6.15 5.07 10.31
Canara Robeco Savings Fund - Direct Plan - Growth 4 1035.58 0.66 1.26 2.64 4.05 4.70

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