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Business News/Market/Market Stats/    Canara Robeco ELSS Tax Saver Growth

Canara Robeco ELSS Tax Saver Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating 4
  • Plan
169.82 -2.43 (-1.41%) NAV as on 19 Jul, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)8457.15
  • CAGR 33.47%
  • Exit Load0.00%
  • Expense ratio1.68%
  • CategoryEquity
  • Min Investment500
  • Min SIP500
  • Launch Date2009-02-02

Morning Star Rating 4

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 20 July 2024

  • Name
  • Value (Cr)
  • Holding %
  • Treps
  • 272.82
  • 3.23%
View More

Risk & Volitility

  • Alpha 5.08%
  • Beta 0.91
  • Sharpe Ratio0.91
  • Std Deviation 12.39%
  • Tracking Error 6.49%

About Fund

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 Growth has an AUM of 8457.15 crores & has delivered CAGR of 21.55% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.68%. The minimum investment in Canara Robeco ELSS Tax Saver Growth is Rs 500 and the minimum SIP is Rs 500.

 

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

 

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

 

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

 

Some of the similar funds are Quant ELSS Tax Saver Growth, Franklin India ELSS Tax Saver Fund Growth, Bandhan ELSS Tax saver Fund - Regular Plan - Growth, ICICI Prudential ELSS Tax Saver Fund Growth, Canara Robeco ELSS Tax Saver Growth. Canara Robeco ELSS Tax Saver Growth has a sharpe ratio of 0.91 & a standard deviation of 12.39%.

FAQs about Canara Robeco ELSS Tax Saver Growth

According to the morning star rating Canara Robeco ELSS Tax Saver Growth has a Moderate risk & Exceptional return.
Canara Robeco ELSS Tax Saver Growth is managed by Vishal Mishra,Shridatta Bhandwaldar.
The expense ratio of Canara Robeco ELSS Tax Saver Growth is 1.68%.
The 5 year annualized return on Canara Robeco ELSS Tax Saver Growth is 21.55% & it has generated 33.47% in the last 1 year.
The minimum investment in Canara Robeco ELSS Tax Saver Growth is 500 Rs.
Canara Robeco ELSS Tax Saver Growth has an AUM of 8457.15 crores.
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