Canara Robeco Bluechip Equity Fund Direct-Growth
(Scheme Rating)
NAV as of Jul 05, 2024
68.690.20%
- Growth - Direct
(Earn upto 1.21% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
0.45%(0.47% Category
average)Fund Size:
Rs. 12,976.74 Cr(3.06% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Canara Robeco Bluechip Equity Fund Direct-Growth
(Scheme Rating)
NAV as of Jul 05, 2024
68.690.20%
Expense Ratio:
0.45%
Fund Size:
Rs. 12,976.74 Cr
Fund Category:
Equity: Large Cap
1. Current NAV: The Current Net Asset Value of the Canara Robeco Bluechip Equity Fund - Direct Plan as of Jul 05, 2024 is Rs 68.69 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 32.43% (1yr), 17.63% (3yr), 20.02% (5yr) and 16.15% (since launch). Whereas, Category returns for the same time duration are: 38.41% (1yr), 18.38% (3yr) and 17.34% (5yr).
3. Fund Size: The Canara Robeco Bluechip Equity Fund - Direct Plan currently holds Assets under Management worth of Rs 12976.74 crore as on May 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.45% for Direct plan as on Jun 21, 2024.
5. Exit Load: Canara Robeco Bluechip Equity Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 1 year. Same for SIP."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
Canara Robeco Bluechip Equity Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 8.24 10.58 17.70 33.22 17.87 20.37 Category Avg 8.09 10.69 18.95 39.64 18.71 17.70 Rank within Category 42 40 44 55 34 12 No. of funds within Category 163 162 156 150 108 91 - Loading...
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Return Comparison
- This Fund
- BenchmarkBSE 100 Index
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Canara Robeco Bluechip Equity Fund Direct-Growth Fund Details
Investment Objective - The fund seeks to provide capital appreciation by predominantly investing in companies having a large market capitalization. Canara Robeco Large cap+ fund is named to reflect the investment strategy, which is mainly focused on a portfolio that would be concentrated on investing in any of the top 150 stocks ranked on the basis of market capitalization.
Fund House | Canara Robeco Mutual Fund |
Launch Date | Jan 02, 2013 |
Benchmark | BSE 100 Index |
Return Since Launch | 16.27% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Low |
Return Grade | Average |
Canara Robeco Bluechip Equity Fund Direct-Growth Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | - |
Exit Load Exit load of 1% if redeemed within 1 year. Same for SIP. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | JAN 2024 | DEC 2023 | |
---|---|---|---|---|---|---|
Number of Holdings | 55 | 53 | 52 | 52 | 51 | 48 |
Top 5 Company Holdings | 31.14% | 31.33% | 31.15% | 31.83% | 32.76% | 33.07% |
Top 10 Company Holdings | 46.73% | 46.87% | 46.79% | 47.88% | 48.91% | 49.53% |
Company with Highest Exposure | HDFC Bank (8.25%) | HDFC Bank (7.99%) | HDFC Bank (7.76%) | HDFC Bank (7.76%) | HDFC Bank (8.34%) | HDFC Bank (9.9%) |
Number of Sectors | 17 | 17 | 15 | 15 | 15 | 16 |
Top 3 Sector Holdings | 46.91% | 46.62% | 47.51% | 49.0% | 49.65% | 50.33% |
Top 5 Sector Holdings | 63.22% | 63.54% | 64.93% | 65.34% | 64.94% | 65.59% |
Sector with Highest Exposure | Financial (28.51%) | Financial (28.12%) | Financial (27.97%) | Financial (27.48%) | Financial (28.41%) | Financial (30.38%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 8.25 19.57 84.20 -2.31 ICICI Bank Financial 7.56 19.11 64.53 19.58 Reliance Industries Energy 6.28 30.88 102.90 18.45 Larsen & Toubro Construction 4.81 38.18 95.00 49.49 Bharti Airtel Communication 4.24 115.79 12.35 71.00 Infosys Technology 3.77 26.07 63.20 21.14 State Bank of India Financial 3.2 11.25 76.40 43.42 TCS Technology 3.01 31.62 126.88 21.33 Axis Bank Financial 2.83 15.06 85.49 21.75 NTPC Energy 2.78 17.70 21.46 97.26
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Canara Robeco Bluechip Equity Fund Direct-Growth 68.69 12,976.74 8.24 33.22 17.87 20.37 ICICI Prudential Bluechip Fund Direct-Growth 114.99 55,459.29 7.64 40.51 22.53 20.23 JM Large Cap Fund Direct Plan-Growth 183.24 191.85 9.65 48.30 23.41 20.59 Quant Focused Fund Direct-Growth 99.26 1,003.94 3.57 49.64 24.26 25.10 ICICI Prudential BHARAT 22 FOF Direct - Growth 33.52 1,362.13 9.36 68.46 41.44 23.88
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
11.87VS13.41Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.90VS0.98Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.97VS0.96Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
12.83VS13.16Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
0.56VS0.93Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
17.00VS18.34Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Canara Robeco Mutual Fund News
- Infra trumps sectoral mutual fund peers with 29% returns in 2024, so far. Should you invest?
- Canara Robeco Emerging Equities Fund gave 18.5% returns in five years; should you invest?
- TA FDI investors lowers stake in Prudent Corporate
- India's mutual funds to keep buying state bonds as yields to come off, fund managers say
Fund Manager
- V.M.Vishal MishraSince Jun 20214 schemes
- S.B.Shridatta BhandwaldarSince Jul 201611 schemes
Mr. Mishra is a B. Com, A.C.A. Presently he is associated with Canara Robeco Mutual Fund. His previous assignment was with Daiwa Asset Mgt (India) Pvt. Ltd, Collins Stewart India Pvt. Ltd. as Asst. Vice President Research. He was also been associated with IL&FS Investment Ltd, Crisil Ltd and Quantum Information Services Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Canara Robeco ELSS Tax Saver Direct- Growth ELSS 189.25 7,925.68 36.37 Canara Robeco Infrastructure Direct-Growth Sectoral-Infrastructure 186.81 694.35 81.42 Canara Robeco Multi Cap Fund Direct - Growth Multi Cap 14.17 Unrated 2,300.02 - Canara Robeco Value Fund Direct - Growth Value Oriented 18.95 Unrated 1,183.15 43.56 Mr. Bhandwaldar is a BE (Mechanical) and MMS (Finance). Prior to joining Canara Robeco Mutual Fund he was associated with SBI Pension Funds Pvt. Ltd. (Jul 2012-Jun 2016) as Head-Research, Heritage India Advisory Pvt. Ltd. (Oct 2009-Jun 2012) as Senior Equity Analyst, Motilal Oswal Securities (Jan 2008-Sep 2009) and MF Global Securities (Apr 2006-Dec 2008).
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Canara Robeco Focused Equity Fund Direct - Growth Flexi Cap 19.43 2,293.30 37.22 Canara Robeco Consumer Trends Fund Direct-Growth Thematic-Consumption 119.98 1,486.28 35.97 Canara Robeco Small Cap Fund Direct - Growth Small Cap 43.75 10,429.89 48.76 Canara Robeco ELSS Tax Saver Direct- Growth ELSS 189.25 7,925.68 36.37 Canara Robeco Infrastructure Direct-Growth Sectoral-Infrastructure 186.81 694.35 81.42 Canara Robeco Equity Hybrid Fund Direct-Growth Aggressive Hybrid 382.90 10,152.64 29.04 Canara Robeco Flexi Cap Fund Direct-Growth Flexi Cap 362.22 12,447.99 35.20 Canara Robeco Emerging Equities Fund Direct-Growth Large & MidCap 281.55 21,796.83 43.16 Canara Robeco Manufacturing Fund Direct - Growth Thematic 12.98 Unrated 1,374.49 - Canara Robeco Multi Cap Fund Direct - Growth Multi Cap 14.17 Unrated 2,300.02 - Canara Robeco Mid Cap Fund Direct - Growth Mid Cap 17.25 Unrated 2,223.58 56.39
More Canara Robeco Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Canara Robeco Emerging Equities Fund Direct-Growth | 20,325.50 | 2.40 | 6.22 | 11.90 | 34.59 | 17.28 | |
Canara Robeco Bluechip Equity Fund Direct-Growth | 12,185.22 | 3.31 | 8.11 | 13.95 | 32.97 | 15.61 | |
Canara Robeco Flexi Cap Fund Direct-Growth | 11,875.42 | 2.97 | 7.02 | 13.84 | 33.51 | 16.76 | |
Canara Robeco Equity Hybrid Fund Direct-Growth | 9,808.56 | 1.99 | 5.71 | 11.10 | 27.72 | 14.30 | |
Canara Robeco Small Cap Fund Direct - Growth | 9,594.98 | -2.65 | 3.69 | 9.75 | 39.39 | 30.02 | |
Canara Robeco ELSS Tax Saver Direct- Growth | 7,332.91 | 1.85 | 6.50 | 13.37 | 33.73 | 17.01 | |
Canara Robeco Liquid Direct Plan-Growth | 3,648.76 | 0.60 | 1.84 | 3.60 | 7.30 | 5.37 | |
Canara Robeco Focused Equity Fund Direct - Growth | 2,213.42 | 2.39 | 8.41 | 14.49 | 36.64 | - | |
Canara Robeco Multi Cap Fund Direct - Growth | 2,102.97 | 0.34 | 4.32 | 13.09 | - | - | |
Canara Robeco Mid Cap Fund Direct - Growth | 2,044.39 | 0.58 | 7.14 | 14.25 | 43.09 | - |
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1. Canara Robeco Bluechip Equity Fund - Direct Plan is Open-ended Large Cap Equity scheme which belongs to Canara Robeco Mutual Fund House.
2. The fund was launched on Jan 02, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The fund seeks to provide capital appreciation by predominantly investing in companies having a large market capitalization. Canara Robeco Large cap+ fund is named to reflect the investment strategy, which is mainly focused on a portfolio that would be concentrated on investing in any of the top 150 stocks ranked on the basis of market capitalization. "
2. It is benchmarked against BSE 100 Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 97.1% in equities, 0.0% in debts and 2.9% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 46.73% of the assets, the top 3 sectors constitute around 46.91% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Canara Robeco Bluechip Equity Fund Direct-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
FAQs about Canara Robeco Bluechip Equity Fund Direct-Growth
- Is it safe to invest in Canara Robeco Bluechip Equity Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Canara Robeco Bluechip Equity Fund - Direct Plan comes under Very High risk category.
- What is the category of Canara Robeco Bluechip Equity Fund - Direct Plan?Canara Robeco Bluechip Equity Fund - Direct Plan belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in Canara Robeco Bluechip Equity Fund - Direct Plan?The suggested investment horizon of investing into Canara Robeco Bluechip Equity Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Canara Robeco Bluechip Equity Fund - Direct Plan?The Canara Robeco Bluechip Equity Fund - Direct Plan is managed by Vishal Mishra (Since Jun 01, 2021) and Shridatta Bhandwaldar (Since Jul 05, 2016).
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