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Canara Robeco Equity Tax Saver - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 112.32 -0.1%
    (as on 23rd May, 2022)
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Crisil Rank
Above average performance among peers
Risk-O-Meter
Very High

Fund has 97.19% investment in indian stocks of which 62.43% is in large cap stocks, 16.76% is in mid cap stocks, 5.84% 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 23rd May, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 16-May-22 10203.50 2.04% - 1.95% 28/55
1 Month 22-Apr-22 9384.20 -6.16% - -7.01% 14/55
3 Month 23-Feb-22 9258.90 -7.41% - -4.68% 48/55
6 Month 23-Nov-21 8959.80 -10.40% - -8.39% 42/55
YTD 31-Dec-21 8925.60 -10.74% - -8.40% 47/55
1 Year 21-May-21 10712.40 7.12% 7.08% 10.32% 40/55
2 Year 22-May-20 18592.90 85.93% 36.30% 40.19% 34/55
3 Year 23-May-19 16474.00 64.74% 18.09% 16.38% 18/53
5 Year 23-May-17 20650.90 106.51% 15.60% 12.49% 7/42
Since Inception 02-Jan-13 37328.00 273.28% 15.06% 14.41% 16/51

SIP Returns (NAV as on 23rd May, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 21-May-21 12000 11372.97 -5.23 % -9.56 %
2 Year 22-May-20 24000 28035.66 16.82 % 15.75 %
3 Year 23-May-19 36000 48259.51 34.05 % 20 %
5 Year 23-May-17 60000 92556.59 54.26 % 17.38 %
 

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 30th Apr,2022)

Portfolio Turnover Ratio : 54.00%  |   Category average turnover ratio is 58.27%  
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 : 97.19% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.19%
No of Stocks : 53 (Category Avg - 49.05) | Large Cap Investments : 62.43%| Mid Cap Investments : 16.76% | Small Cap Investments : 5.84% | Other : 12.16%

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
Reliance Industries Ltd. Refineries/marketing 2521 6.95% 1.67% 6.95% (Apr 2022) 1.73% (Jul 2021) 9.04 L 1.85 L
ICICI Bank Ltd. Banks 2479.7 6.83% 0.14% 7.5% (Oct 2021) 6.64% (Dec 2021) 33.36 L 50.00 k
Infosys Ltd. Computers - software 2463.1 6.79% -1.83% 9.49% (Jun 2021) 6.79% (Apr 2022) 15.71 L -0.50 L
HDFC Bank Ltd. Banks 2308.4 6.36% -0.48% 8.12% (May 2021) 6.36% (Apr 2022) 16.67 L 0.00
Tata Consultancy Services Ltd. Computers - software 1148.1 3.16% -0.32% 4.12% (Jun 2021) 2.45% (Oct 2021) 3.24 L -0.10 L
Bajaj Finance Ltd. Nbfc 1137.2 3.13% -0.32% 3.72% (Aug 2021) 3.13% (Apr 2022) 1.70 L 0.00
State Bank Of India Banks 1054.6 2.91% 0.57% 4.2% (Feb 2022) 2.34% (Mar 2022) 21.25 L 4.25 L
Axis Bank Ltd. Banks 985.8 2.72% 0.77% 3.24% (Feb 2022) 1.95% (Mar 2022) 13.53 L 4.35 L
Ultratech Cement Ltd. Cement 885.1 2.44% 0.07% 2.44% (Apr 2022) 0.53% (May 2021) 1.34 L 5.00 k
Bharti Airtel Ltd. Telecom - services 860.9 2.37% -0.08% 2.45% (Mar 2022) 0% (May 2021) 11.65 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 2.78%
Net Receivables Net Receivables 0.03%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th April, 2022)

  • Standard Deviation

    Low volatility
    20.38vs20.48
    Category Avg
  • Beta

    High volatility
    0.92vs0.89
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.78vs0.71
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.17vs0.16
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    2.52vs2.6
    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 1316.08 -7.67 2.07 -3.41 18.84 35.07
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 584.91 -3.73 -2.08 -2.97 16.90 0.00
HDFC Tax Saver Fund - Direct Plan - Growth 2 9184.77 -4.60 -0.49 -4.90 16.48 11.33
Union Long Term Equity Fund - Direct Plan - Growth 4 497.04 -6.58 -4.66 -9.56 12.09 16.99
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3741.56 -8.30 -3.68 -5.73 11.89 18.71
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 4 388.12 -7.05 -4.17 -5.18 11.44 17.02
Kotak Tax Saver Scheme - Direct Plan - Growth 4 2670.33 -6.05 -2.99 -6.48 11.13 16.35
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 4 461.74 -7.84 -5.86 -7.50 10.73 16.00
Sundaram Tax Saving Fund - Direct Plan - Growth 3 919.63 -6.80 -5.91 -8.46 10.34 14.03
Nippon India Tax Saver Fund - Direct Plan - Growth 2 11679.10 -6.38 -4.66 -7.78 10.08 9.74

More Funds from Canara Robeco Mutual Fund

Out of 20 mutual fund schemes offered by this AMC, 3 is/are ranked 5 * , 8 is/are ranked 4 * , 5 is/are ranked 3 * , and 4 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 13113.31 -7.16 -6.09 -9.84 9.60 17.72
Canara Robeco Equity Hybrid Fund - Direct Plan - Growth 3 7661.94 -5.03 -5.35 -6.54 6.07 14.25
Canara Robeco Flexi Cap Fund - Direct Plan - Growth 4 7284.78 -6.77 -7.60 -10.24 7.70 16.45
Canara Robeco Bluechip Equity Fund - Direct Plan - Growth 4 6718.31 -5.54 -6.70 -9.13 5.77 16.67
Canara Robeco Equity Tax Saver - Direct Plan - Growth 4 3629.47 -6.16 -7.41 -10.40 7.08 18.09
Canara Robeco Small Cap Fund - Direct Plan - Growth 4 2514.25 -9.34 -0.13 0.30 29.13 32.84
Canara Robeco Liquid - Direct Plan - Growth 5 1557.92 0.31 0.89 1.77 3.44 3.95
Canara Robeco Focused Equity Fund - Direct Plan - Growth NA 1483.43 -6.68 -7.53 -9.11 10.20 0.00
Canara Robeco Conservative Hybrid Fund - Direct Plan - Growth 4 1137.63 -2.23 -1.74 -1.72 4.38 10.32
Canara Robeco Savings Fund - Direct Plan - Growth 5 1066.27 -0.13 0.44 1.36 3.11 5.27

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