you are here:

Canara Robeco Equity Tax Saver - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 129.88 -1.09%
    (as on 18th January, 2022)
Invest Now
Crisil Rank
Above average performance among peers
Risk-O-Meter
Very High

Fund has 95.14% investment in indian stocks of which 62.33% is in large cap stocks, 12.55% is in mid cap stocks, 6.69% 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.

Crisil Rank Change : Fund Crisil rank was updated from 5 to 4 in the previous quarter.

This Scheme
VS
  • Benchmark
    S&P BSE 500 TRI
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • S&P BSE 500 TRI : -
  • Date : -
  • Investment : -
  • Value on selected date : -
  • Returns Calculator
  • SIP Calculator
  • VIP (Value Avg)
Amount
  • Investment Date
  • Sell Date
  • Investment Value
    -
  • Sell Value
    -
  • Profit/Loss
    -
  • Annualised Returns
    -
  • Date : -
  • Investment : -
  • Value on selected date : -

Returns (NAV as on 17th January, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 10-Jan-22 10164.10 1.64% - 1.57% 29/57
1 Month 17-Dec-21 10683.40 6.83% - 7.68% 44/57
3 Month 14-Oct-21 10172.00 1.72% - 1.95% 25/57
6 Month 16-Jul-21 11555.90 15.56% - 15.41% 32/57
YTD 31-Dec-21 10434.70 4.35% - 5.21% 43/57
1 Year 15-Jan-21 13712.40 37.12% 36.89% 40.96% 29/57
2 Year 17-Jan-20 17933.60 79.34% 33.86% 29.64% 19/57
3 Year 17-Jan-19 20450.10 104.50% 26.90% 23.41% 11/54
5 Year 17-Jan-17 27430.50 174.31% 22.35% 18.25% 5/42
Since Inception 02-Jan-13 43639.10 336.39% 17.69% 17.81% 21/53

SIP Returns (NAV as on 17th January, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 15-Jan-21 12000 14214.87 18.46 % 35.63 %
2 Year 17-Jan-20 24000 36390.74 51.63 % 45.72 %
3 Year 17-Jan-19 36000 60018.78 66.72 % 36.09 %
5 Year 17-Jan-17 60000 113805.47 89.68 % 25.88 %
 

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,2021)

Portfolio Turnover Ratio : 58.00%  |   Category average turnover ratio is 72.59%  
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 : 95.14% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 95.14%
No of Stocks : 57 (Category Avg - 48.91) | Large Cap Investments : 62.33%| Mid Cap Investments : 12.55% | Small Cap Investments : 6.69% | Other : 13.57%

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
Infosys Ltd. Computers - software 2588.7 8.36% 0.34% 9.49% (Jun 2021) 7.39% (Oct 2021) 13.71 L 25.00 k
ICICI Bank Ltd. Banks 2058.4 6.64% -0.08% 8.69% (Feb 2021) 6.64% (Dec 2021) 27.81 L 75.00 k
HDFC Bank Ltd. Banks 2030 6.55% -0.32% 8.12% (May 2021) 5.3% (Apr 2021) 13.72 L 50.00 k
Larsen & Toubro Ltd. Engineering, designing, construction 1384 4.47% -0.01% 5.69% (Feb 2021) 4.18% (Sep 2021) 7.30 L 0.00
Housing Development Finance Corporation Ltd. Housing finance 1092.8 3.53% -0.21% 3.96% (Oct 2021) 1.78% (Apr 2021) 4.23 L 20.00 k
Reliance Industries Ltd. Refineries/marketing 1043.2 3.37% -0.31% 3.69% (Sep 2021) 0.41% (Mar 2021) 4.41 L 0.00
Bajaj Finance Ltd. Nbfc 1028.8 3.32% -0.15% 3.86% (Jan 2021) 3.32% (Dec 2021) 1.47 L 5.00 k
Tata Consultancy Services Ltd. Computers - software 930.2 3.00% 0.25% 4.29% (Apr 2021) 2.06% (Feb 2021) 2.49 L 25.00 k
State Bank Of India Banks 863.3 2.79% -0.21% 6.73% (Feb 2021) 2.62% (May 2021) 18.75 L 0.00
Axis Bank Ltd. Banks 816.3 2.63% -0.11% 4.01% (Jan 2021) 2.63% (Dec 2021) 12.03 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 5.15%
Net Receivables Net Receivables -0.29%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st December, 2021)

  • Standard Deviation

    High volatility
    19.52vs19.31
    Category Avg
  • Beta

    High volatility
    0.92vs0.88
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    1.01vs0.85
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.22vs0.19
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    4.96vs2.5
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 658.11 6.43 0.54 14.69 61.70 38.97
Sundaram Tax Saving Fund - Direct Plan - Growth (Adjusted NAV) NA 933.92 21.48 14.16 32.16 52.71 24.98
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3532.70 7.70 0.61 15.89 51.76 25.82
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 5 429.44 7.15 0.49 15.08 43.53 22.73
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 552.46 5.08 -2.07 11.77 43.16 31.41
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 4 342.34 8.29 4.24 17.11 41.89 24.02
Nippon India Tax Saver Fund - Direct Plan - Growth 1 12023.75 7.02 -1.36 15.05 40.81 14.92
Baroda ELSS - 96 - Plan B (Direct) - Growth 4 216.70 5.46 -3.08 16.91 39.87 22.02
Kotak Tax Saver Scheme - Direct Plan - Growth 4 2417.76 6.98 2.78 14.09 38.51 23.55
Union Long Term Equity Fund - Direct Plan - Growth 4 464.37 5.30 -0.97 14.78 38.41 23.99

More Funds from Canara Robeco Mutual Fund

Out of 21 mutual fund schemes offered by this AMC, 5 is/are ranked 5 * , 4 is/are ranked 4 * , 4 is/are ranked 3 * , 2 is/are ranked 2 * , and 6 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 12458.66 7.17 0.47 16.04 40.08 26.00
Canara Robeco Equity Hybrid Fund - Direct Plan - Growth 4 7297.44 6.00 1.47 11.58 26.00 20.68
Canara Robeco Flexi Cap Fund - Direct Plan - Growth 4 6598.19 7.28 1.14 16.62 36.43 25.20
Canara Robeco Bluechip Equity Fund - Direct Plan - Growth 5 5690.59 7.31 0.48 14.01 28.75 24.60
Canara Robeco Equity Tax Saver - Direct Plan - Growth 4 3098.27 6.83 1.72 15.56 36.89 26.90
Canara Robeco Liquid - Direct Plan - Growth 5 2196.78 0.29 0.85 1.67 3.29 4.38
Canara Robeco Small Cap Fund - Direct Plan - Growth NA 1913.51 8.92 5.33 22.82 78.23 0.00
Canara Robeco Focused Equity Fund - Direct Plan - Growth NA 1362.70 6.79 3.65 18.30 0.00 0.00
Canara Robeco Savings Fund - Direct Plan - Growth 5 1096.86 0.34 0.87 1.73 3.60 5.99
Canara Robeco Conservative Hybrid Fund - Direct Plan - Growth 5 1044.56 1.75 0.89 5.12 12.15 12.92

Forum

+ See More