Canara Robeco Focused Equity Fund Direct - IDCW
(Scheme Rating)
NAV as of Jul 05, 2024
18.470.27%
(Earn upto 1.48% Extra Returns with Direct Plan)
Fund Category:
Equity: Flexi Cap
Expense Ratio:
0.47%(0.70% Category
average)Fund Size:
Rs. 2,293.30 Cr(0.44% of Investment in Category)
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Canara Robeco Focused Equity Fund Direct - IDCW
(Scheme Rating)
NAV as of Jul 05, 2024
18.470.27%
Expense Ratio:
0.47%
Fund Size:
Rs. 2,293.30 Cr
Fund Category:
Equity: Flexi Cap
1. Current NAV: The Current Net Asset Value of the Canara Robeco Focused Equity Fund - Direct Plan as of Jul 05, 2024 is Rs 18.47 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 35.58% (1yr), 21.2% (3yr) and 23.13% (since launch). Whereas, Category returns for the same time duration are: 38.42% (1yr), 18.9% (3yr) and 18.11% (5yr).
3. Fund Size: The Canara Robeco Focused Equity Fund - Direct Plan currently holds Assets under Management worth of Rs 2293.3 crore as on May 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.48% for Direct plan as on Jun 21, 2024.
5. Exit Load: Canara Robeco Focused Equity Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 365 Days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 1000.
Canara Robeco Focused Equity Fund Direct - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 9.65 10.15 18.77 37.22 21.30 - Category Avg 9.79 12.15 18.99 40.37 19.32 18.68 Rank within Category 34 69 37 51 21 - No. of funds within Category 82 81 80 74 56 44 - Loading...
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Return Comparison
- This Fund
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Canara Robeco Focused Equity Fund Direct - IDCW Fund Details
Investment Objective - The scheme seeks to generate long term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies.
Fund House | Canara Robeco Mutual Fund |
Launch Date | May 17, 2021 |
Benchmark | BSE 500 Total Return Index |
Return Since Launch | 23.58% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Below Average |
Return Grade | Average |
Canara Robeco Focused Equity Fund Direct - IDCW Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 1,000.00 |
Minimum Withdrawal (Rs.) | 1,000.00 |
Exit Load Exit load of 1% if redeemed within 365 Days. |
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 | 30 | 30 | 30 | 29 | 29 | 30 |
Top 5 Company Holdings | 31.44% | 32.41% | 31.69% | 30.9% | 32.09% | 31.05% |
Top 10 Company Holdings | 51.36% | 52.57% | 51.27% | 51.35% | 52.77% | 51.78% |
Company with Highest Exposure | ICICI Bank (8.19%) | ICICI Bank (8.34%) | ICICI Bank (7.65%) | ICICI Bank (7.25%) | HDFC Bank (7.35%) | HDFC Bank (8.64%) |
Number of Sectors | 14 | 14 | 13 | 13 | 13 | 15 |
Top 3 Sector Holdings | 40.48% | 42.27% | 45.81% | 46.17% | 45.98% | 44.97% |
Top 5 Sector Holdings | 55.81% | 58.35% | 61.51% | 62.02% | 62.61% | 59.43% |
Sector with Highest Exposure | Financial (23.74%) | Financial (22.97%) | Financial (24.0%) | Financial (23.52%) | Financial (25.19%) | Financial (26.97%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) ICICI Bank Financial 8.19 19.11 64.53 19.58 HDFC Bank Financial 7.23 19.57 84.20 -2.31 Reliance Industries Energy 5.71 30.88 102.90 18.45 Bharat Electronics Capital Goods 5.52 59.45 5.45 135.31 Bharti Airtel Communication 4.79 115.79 12.35 71.00 Trent Services 4.49 134.37 41.82 210.60 TCS Technology 4.14 31.62 126.88 21.33 Infosys Technology 4.0 26.07 63.20 21.14 Larsen & Toubro Construction 3.9 38.18 95.00 49.49 Ultratech Cement Materials 3.39 48.18 242.65 28.33
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 Focused Equity Fund Direct - IDCW 18.47 2,293.30 9.65 37.22 21.30 - ICICI Prudential India Equity FOF Direct-IDCW 23.34 113.25 10.53 50.09 25.72 - JM Flexicap Fund Direct Plan-IDCW 108.28 2,472.06 15.16 71.03 33.82 28.61 HDFC Focused 30 Fund Direct Plan-IDCW 32.40 11,945.94 7.41 46.12 30.61 22.95 ICICI Prudential Retirement Fund - Pure Equity Plan Direct-IDCW 33.00 795.85 9.23 58.63 32.75 25.38
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
12.04VS12.83Fund 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
0.86VS0.90Fund 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
1.21VS1.10Fund 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.
Better risk-adjusted returns
17.04VS15.73Fund 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.
Better risk-adjusted returns
2.85VS1.69Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
20.06VS19.48Fund 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
- S.B.Shridatta BhandwaldarSince Apr 202110 schemes
- A.K.Amit KadamSince Oct 20210 schemes
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 Bluechip Equity Fund Direct-IDCW Large Cap 55.37 12,976.74 33.22 Canara Robeco ELSS Tax Saver Direct- IDCW ELSS 81.21 7,925.68 36.37 Canara Robeco Consumer Trends Fund Direct-IDCW Thematic-Consumption 87.01 1,486.28 35.97 Canara Robeco Small Cap Fund Direct-IDCW Small Cap 41.12 10,429.89 48.76 Canara Robeco Infrastructure Direct-IDCW Sectoral-Infrastructure 98.81 694.35 81.42 Canara Robeco Flexi Cap Fund Direct-IDCW Flexi Cap 94.94 12,447.99 35.20 Canara Robeco Emerging Equities Fund Direct-IDCW Large & MidCap 134.34 21,796.83 43.16 Canara Robeco Manufacturing Fund Direct - IDCW Thematic 12.98 Unrated 1,374.49 - Canara Robeco Multi Cap Fund Direct - IDCW Multi Cap 14.16 Unrated 2,300.02 - Canara Robeco Mid Cap Fund Direct - IDCW Mid Cap 17.27 Unrated 2,223.58 56.39 Mr. Kadam is a BE (Electronics), MMS (Finance) Prior to joining Canara Robeco Asset Management Company Ltd he has worked with LIC Mutual Fund Asset Management Ltd, Sykes and Ray Equities (I) Ltd.
No schemes for the Fund Manager
More Canara Robeco Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Canara Robeco Emerging Equities Fund Direct-Growth | 21,796.83 | 9.07 | 19.88 | 23.28 | 42.27 | 21.11 | |
Canara Robeco Bluechip Equity Fund Direct-Growth | 12,976.74 | 5.76 | 10.85 | 15.77 | 32.49 | 17.31 | |
Canara Robeco Flexi Cap Fund Direct-Growth | 12,447.99 | 7.22 | 13.27 | 17.08 | 34.54 | 18.41 | |
Canara Robeco Small Cap Fund Direct - Growth | 10,429.89 | 9.25 | 24.30 | 21.03 | 46.24 | 30.59 | |
Canara Robeco Equity Hybrid Fund Direct-Growth | 10,152.64 | 5.27 | 10.64 | 13.04 | 28.33 | 15.66 | |
Canara Robeco ELSS Tax Saver Direct- Growth | 7,925.68 | 6.28 | 13.72 | 16.30 | 35.36 | 18.95 | |
Canara Robeco Liquid Direct Plan-Growth | 3,790.28 | 0.61 | 1.88 | 3.77 | 7.37 | 5.77 | |
Canara Robeco Multi Cap Fund Direct - Growth | 2,300.02 | 7.46 | 19.84 | 19.53 | - | - | |
Canara Robeco Focused Equity Fund Direct - Growth | 2,293.30 | 6.90 | 11.71 | 17.55 | 35.75 | 21.14 | |
Canara Robeco Mid Cap Fund Direct - Growth | 2,223.58 | 8.96 | 21.80 | 25.30 | 49.46 | - |
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1. Canara Robeco Focused Equity Fund - Direct Plan is Open-ended Flexi Cap Equity scheme which belongs to Canara Robeco Mutual Fund House.
2. The fund was launched on May 17, 2021.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate long term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies. "
2. It is benchmarked against BSE 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 95.21% in equities, 0.0% in debts and 4.79% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 51.36% of the assets, the top 3 sectors constitute around 40.48% 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 Focused Equity Fund Direct - IDCW
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 Focused Equity Fund Direct - IDCW
- Is it safe to invest in Canara Robeco Focused Equity Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Canara Robeco Focused Equity Fund - Direct Plan comes under Very High risk category.
- What is the category of Canara Robeco Focused Equity Fund - Direct Plan?Canara Robeco Focused Equity Fund - Direct Plan belongs to the Equity : Flexi Cap category of funds.
- How Long should I Invest in Canara Robeco Focused Equity Fund - Direct Plan?The suggested investment horizon of investing into Canara Robeco Focused 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 Focused Equity Fund - Direct Plan?The Canara Robeco Focused Equity Fund - Direct Plan is managed by Shridatta Bhandwaldar (Since Apr 23, 2021) and Amit Kadam (Since Oct 01, 2021).
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