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Tata AIA Life Insurance
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SMC Global Securities Limited
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DSP Mutual Fund
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Canara Robeco Equity Tax Saver Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House :
  • NAV
    : ₹ 124.78 -0.16%
    (as on 07th February, 2023)
Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

The fund has 96.42% investment in domestic equities of which 59.95% is in Large Cap stocks, 14.89% is in Mid Cap stocks, 5.94% 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.

This Scheme
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Returns (NAV as on 06th February, 2023)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 30-Jan-23 10182.50 1.82% - 1.41% 17/60
1 Month 06-Jan-23 9953.80 -0.46% - -0.81% 19/60
3 Month 04-Nov-22 9689.10 -3.11% - -1.51% 33/58
6 Month 05-Aug-22 10115.70 1.16% - 3.53% 41/57
YTD 30-Dec-22 9812.40 -1.88% - -1.85% 35/60
1 Year 04-Feb-22 9946.70 -0.53% -0.53% 1.99% 39/57
2 Year 05-Feb-21 12374.30 23.74% 11.22% 15.62% 41/57
3 Year 06-Feb-20 16613.10 66.13% 18.42% 17.80% 21/57
5 Year 06-Feb-18 20906.70 109.07% 15.88% 11.99% 5/47
10 Year 06-Feb-13 42409.20 324.09% 15.53% 15.14% 9/28
Since Inception 02-Jan-13 41535.40 315.35% 15.14% 14.14% 20/55

SIP Returns (NAV as on 06th February, 2023)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 04-Feb-22 12000 12315.07 2.63 % 4.85 %
2 Year 05-Feb-21 24000 25649.21 6.87 % 6.5 %
3 Year 06-Feb-20 36000 46259.57 28.5 % 16.94 %
5 Year 06-Feb-18 60000 92779.37 54.63 % 17.43 %
10 Year 06-Feb-13 120000 275651.01 129.71 % 15.86 %
 

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 Dec,2022)

Portfolio Turnover Ratio : 34.00%  |   Category average turnover ratio is 54.94%  
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 : 96.42% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 96.42%
No of Stocks : 61 (Category Avg - 47.22) | Large Cap Investments : 59.95%| Mid Cap Investments : 14.89% | Small Cap Investments : 5.94% | Other : 15.64%

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 3555.4 7.79% -0.51% 8.32% (Aug 2022) 6.69% (Mar 2022) 39.91 L 0.00
HDFC Bank Ltd. Banks 3552.9 7.79% 0.64% 7.79% (Dec 2022) 6.36% (Apr 2022) 21.82 L 1.45 L
Infosys Ltd. Computers - software 2950.5 6.47% -0.51% 8.62% (Mar 2022) 6.01% (Aug 2022) 19.56 L 0.00
State Bank Of India Banks 2206.3 4.84% 0.46% 4.84% (Dec 2022) 2.34% (Mar 2022) 35.95 L 2.65 L
Reliance Industries Ltd. Refineries/marketing 1919.3 4.21% -0.22% 7% (Jun 2022) 4.06% (Jan 2022) 7.54 L 10.00 k
Axis Bank Ltd. Banks 1917 4.20% 0.16% 4.2% (Dec 2022) 1.95% (Mar 2022) 20.53 L 0.00
Ultratech Cement Ltd. Cement 1078.7 2.36% 0.06% 2.44% (Apr 2022) 1.49% (Aug 2022) 1.55 L 6.00 k
Tata Consultancy Services Ltd. Computers - software 1054.2 2.31% -0.09% 3.48% (Mar 2022) 2.31% (Dec 2022) 3.24 L 0.00
Hindustan Unilever Ltd. Diversified 990.3 2.17% -0.09% 2.5% (Sep 2022) 1.17% (Jan 2022) 3.87 L 0.00
Bharti Airtel Ltd. Telecom - services 979.4 2.15% -0.10% 2.46% (Jun 2022) 1.63% (Jan 2022) 12.15 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 3.73%
Net Receivables Net Receivables -0.15%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st January, 2023)

  • Standard Deviation

    Low volatility
    20.34vs20.44
    Category Avg
  • Beta

    High volatility
    0.92vs0.89
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.58vs0.53
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.13vs0.12
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    1.65vs1.76
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Baroda BNP Paribas ELSS Fund - Direct Plan - Growth (Adjusted NAV) NA 681.38 -0.75 65.80 71.05 66.54 34.74
Sundaram Tax Saving Fund - Direct Plan - Growth (Adjusted NAV) NA 965.02 -0.76 10.09 17.17 16.58 22.61
HDFC Tax Saver Fund - Direct Plan - Growth 5 9992.81 -0.55 -1.38 6.23 11.42 16.96
Parag Parikh Tax Saver Fund - Direct Plan - Growth 5 941.56 2.39 -0.91 8.00 8.56 23.54
SBI Long Term Equity Fund - Direct Plan - Growth 4 11923.53 -1.05 -1.85 5.17 7.04 17.52
Quantum Tax Saving Fund - Direct Plan - Growth 3 115.49 0.38 0.09 4.24 6.95 15.23
Taurus Taxshield - Direct Plan - Growth 2 62.54 0.97 0.09 7.30 5.33 13.22
Tata India Tax Savings Fund - Direct Plan - Growth 3 3192.07 -1.07 -2.64 3.86 4.92 15.65
Kotak Tax Saver Fund - Direct Plan - Growth 4 3161.09 -1.46 -2.59 4.24 4.69 16.52
ITI Long Term Equity Fund - Direct Plan - Growth 2 157.03 -0.88 -2.46 4.45 4.08 11.52

More Funds from

Out of 23 mutual fund schemes offered by this AMC, 3 is/are ranked 5 * , 6 is/are ranked 4 * , 7 is/are ranked 3 * , and 7 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 15499.66 -0.83 -4.28 -0.24 -1.81 16.74
Canara Robeco Flexi Cap Fund - Direct Plan - Growth 3 8729.58 0.04 -1.92 1.60 -1.79 15.88
Canara Robeco Bluechip Equity Fund - Direct Plan - Growth 3 8666.25 0.65 -1.50 3.34 0.95 15.64
Canara Robeco Equity Hybrid Fund - Direct Plan - Growth 3 8405.74 0.10 -1.06 2.63 1.34 13.81
Canara Robeco Small Cap Fund - Direct Plan - Growth 4 4567.76 -2.21 -3.02 1.50 1.61 33.19
Canara Robeco Equity Tax Saver Fund - Direct Plan - Growth 3 4562.79 -0.46 -3.11 1.16 -0.53 18.42
Canara Robeco Liquid Fund - Direct Plan - Growth 5 2551.17 0.54 1.67 3.14 5.23 4.00
Canara Robeco Focused Equity Fund - Direct Plan - Growth NA 1733.13 -0.70 -3.06 2.59 1.35 0.00
Canara Robeco Conservative Hybrid Fund - Direct Plan - Growth 4 1101.16 0.31 1.10 2.72 3.94 9.16
Canara Robeco Savings Fund - Direct Plan - Growth 4 1049.60 0.51 1.74 2.89 4.70 4.73

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