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3 star

Canara Robeco Infrastructure Fund - Direct Plan


Equity: Sectoral-Infrastructure

1 Lakh

Investment declined to
₹ 0.84 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.21 Lakh

Suitability:

This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other infrastructure fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -11.63 -1.17 -1.80 3.88 14.84 -14.37 -12.56 -5.52 1.06 10.35 --
S&P BSE India Infrastructure TRI -19.31 -0.73 -3.52 0.77 13.43 -22.61 -26.84 -11.98 -2.89 3.04 --
Equity: Sectoral-Infrastructure -14.95 -1.35 -1.80 4.70 16.28 -17.82 -16.22 -5.71 1.44 10.40 --
Rank within category 6 9 9 12 13 6 5 10 10 8 --
Number of funds in category 20 20 20 20 20 20 20 20 18 17 0

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Canara Robeco Infrastructure Fund - Direct Plan  | Invest Online
3 star
Jan-13 -12.56 -5.52 1.06 1.63 90
L&T Infrastructure Fund - Direct Plan  | Invest Online
4 star
Jan-13 -17.91 -6.38 2.97 1.25 1,163
Franklin Build India Fund - Direct Plan  | Invest Online Now
4 star
Jan-13 -20.29 -3.69 3.51 1.29 901
SBI Infrastructure Fund - Direct Plan  | Invest Online
4 star
Jan-13 -9.68 -0.98 4.09 2.01 413
Nippon India Power & Infra Fund - Direct Plan  | Invest Online
3 star
Jan-13 -13.04 -5.30 2.61 1.94 1,050

Best & Worst Performance

Best (Period) Worst (Period)
Week 14.25 (12-May-2014 - 19-May-2014) -18.80 (16-Mar-2020 - 23-Mar-2020)
Month 32.28 (07-May-2014 - 06-Jun-2014) -36.29 (20-Feb-2020 - 23-Mar-2020)
Quarter 47.60 (21-Feb-2014 - 23-May-2014) -32.25 (23-Dec-2019 - 23-Mar-2020)
Year 100.40 (03-Mar-2014 - 03-Mar-2015) -32.19 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -2.16 23.02 -0.32 -0.37 0.85 4.13
S&P BSE India Infrastructure TRI -8.40 25.26 -0.54 -0.67 -- --
Equity: Sectoral-Infrastructure -1.78 25.46 -0.27 -0.31 0.95 6.00
Rank within category 14 3 16 15 2 18
Number of funds in category 20 20 20 20 20 20

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 30
Top 10 Stocks (%) 51.18
Top 5 Stocks (%) 30.54
Top 3 Sectors (%) 67.76
Portfolio P/B Ratio 2.28
Portfolio P/E Ratio 16.82

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 38,780 36,303
Giant (%) 42.72 36.50
Large (%) 10.11 10.07
Mid (%) 28.59 27.10
Small (%) 18.59 27.22
Tiny (%) -- 1.74

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Larsen & Toubro Construction 13.54 9.96 0.76 7.95
equal Bharti Airtel Communication -- 8.09 0.00 7.78
equal Ultratech Cement Construction 18.90 8.46 1.77 5.07
down Reliance Industries Energy 33.93 6.20 0.00 4.89
equal Power Grid Corporation Energy 9.23 10.05 3.77 4.85
equal ICICI Bank Financial 23.96 9.12 0.00 4.47
equal Honeywell Automation Engineering 51.09 5.48 0.00 4.41
equal Petronet LNG Energy 14.51 5.37 1.70 4.07
equal NTPC Energy 13.04 5.18 0.00 4.01
equal Gujarat State Petronet Energy 6.85 3.68 0.00 3.68
equal TCI Express Ltd. Services 28.48 4.54 2.63 3.29
up HPCL Energy 12.19 3.13 0.00 3.13
equal Siemens Engineering 40.17 4.10 0.00 2.93
down Gujarat Gas Chemicals 17.56 4.19 0.00 2.90
equal The Ramco Cements Construction 25.46 3.05 0.00 2.90
equal Shree Cement Construction 51.57 3.03 0.00 2.82
down Dixon Technologies Engineering 61.68 2.85 0.00 2.72
equal Bharat Electronics Engineering 13.11 2.67 0.00 2.67
equal AIA Engineering Metals 26.34 2.77 0.00 2.54
up Axis Bank Financial 66.59 5.80 0.00 2.49
equal Thermax Engineering 42.91 2.84 0.00 2.38
equal KNR Constructions Construction 10.97 2.57 0.00 2.21
equal Voltas Cons Durable 35.55 2.36 0.00 2.19
equal Transport Corporation Services 9.17 6.92 2.07 2.16
equal Ahluwalia Contracts Construction 22.05 2.62 1.51 1.77

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Miyush Gandhi since 01-Oct-2019

Education: Mr. Gandhi is Bachelor of Commerce & Master of Business Administration

Experience: Prior to joining Canara Robeco Mutual Fund he has worked with SBI Life Insurance Company Ltd. as Fund Manager and Research Analyst.

Funds Managed:

— Shridatta Bhandwaldar since 01-Oct-2018

Education: Mr. Bhandwaldar is a BE (Mechanical) and MMS (Finance).

Experience: 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).

Funds Managed:


-1.17%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 41.4900

Dividend: ₹ 26.3700


Investment Strategy

Capital appreciation over long term. Investing in equities and equity related instruments of companies following the Infrastructure Theme.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Canara Robeco Mutual Fund
Launch Date: 02-Jan-2013
Return Since Launch: 8.13%
Benchmark: S&P BSE India Infrastructure TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 90 Cr (As on 30-Jun-2020)
Expense: 1.63% (As on 31-May-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 52.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend30-Aug-20191.5937

 31-Aug-20181.7708
 22-Aug-20141.3000
 30-Aug-20130.8500

Contact Information

AMC: Canara Robeco Asset Management Company Ltd

Address: 4th Floor - Construction House, 5 - Walchand Hirachand Marg, Ballard Estate, Mumbai - 400001

Phone: 022-22621371/ 66585000 / 665850010

Fax: 022-66585012

Email: [email protected]

Website: http://www.canararobeco.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM