Canara Robeco ELSS Tax Saver Fund Growth

• Alpha 5.08%
• Beta 0.91
• Sharpe Ratio0.78
• Std Deviation 11.98%
• Tracking Error 6.49%

The Fund aims to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of the scheme will be realized.

The Canara Robeco ELSS Tax Saver Fund Growth has an AUM of 8800.35 crores & has delivered CAGR of 11.87% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.71%. The minimum investment in Canara Robeco ELSS Tax Saver Fund Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Moderate & High respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & State Bank of India.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Consumer Financial Services & Construction Services.

Some of the similar funds are Quant ELSS Tax Saver Growth, Franklin India ELSS Tax Saver Fund Growth, ICICI Prudential ELSS Tax Saver Fund Growth, Bandhan ELSS Tax saver Fund - Regular Plan - Growth, Canara Robeco ELSS Tax Saver Fund Growth. Canara Robeco ELSS Tax Saver Fund Growth has a sharpe ratio of 0.78 & a standard deviation of 11.98%.