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4 star

Canara Robeco Equity Diversified Fund - Regular Plan


Equity: Multi Cap

1 Lakh

Investment Grown to
₹ 1.20 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.87 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a multi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes multi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other multi-cap 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 -1.00 1.75 0.22 5.29 16.12 -4.57 9.74 6.22 6.77 13.05 9.96
S&P BSE 500 TRI -7.10 1.62 -0.64 4.74 20.15 -6.93 3.01 2.51 6.34 12.57 8.48
Equity: Multi Cap -7.20 1.30 0.11 4.39 17.25 -8.37 3.14 1.47 4.97 13.36 8.88
Rank within category 4 3 16 13 28 8 8 6 9 15 9
Number of funds in category 45 47 46 46 45 45 43 35 33 29 26

As on 04-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Canara Robeco Equity Diversified Fund - Regular Plan  | Invest Online
4 star
Sep-03 9.74 6.22 6.77 2.23 2,107
Kotak Standard Multicap Fund Regular Plan  | Invest Online
4 star
Sep-09 1.11 2.29 6.99 1.69 27,976
Axis Focused 25 Fund  | Invest Online
5 star
Jun-12 4.60 5.44 9.03 2.01 10,399
UTI Equity Fund - Regular Plan  | Invest Online
4 star
May-92 11.10 6.28 6.80 1.74 9,750
SBI Focused Equity Fund  | Invest Online
5 star
Oct-04 3.24 6.42 8.67 1.88 8,962

Best & Worst Performance

Best (Period) Worst (Period)
Week 22.25 (27-Oct-2008 - 04-Nov-2008) -21.85 (10-May-2004 - 17-May-2004)
Month 32.66 (28-Apr-2009 - 28-May-2009) -33.74 (12-May-2006 - 13-Jun-2006)
Quarter 92.22 (09-Mar-2009 - 10-Jun-2009) -35.90 (28-Jul-2008 - 27-Oct-2008)
Year 140.63 (09-Mar-2009 - 11-Mar-2010) -54.65 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.63 18.83 0.13 0.14 0.85 2.82
S&P BSE 500 TRI 4.74 21.74 -0.02 -0.03 -- --
Equity: Multi Cap 3.42 21.28 -0.08 -0.09 0.95 -1.35
Rank within category 6 5 6 5 5 6
Number of funds in category 43 43 43 43 43 43

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

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 52
Top 10 Stocks (%) 42.26
Top 5 Stocks (%) 27.83
Top 3 Sectors (%) 46.70
Portfolio P/B Ratio 4.00
Portfolio P/E Ratio 27.66

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,20,380 99,654
Giant (%) 58.83 54.63
Large (%) 16.83 16.72
Mid (%) 21.48 21.15
Small (%) 2.86 8.41
Tiny (%) -- 0.35

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
up HDFC Bank Financial 20.09 9.78 6.84 7.25
down Reliance Industries Energy 34.24 6.94 2.76 6.51
up Infosys Technology 23.76 5.25 2.92 5.06
down ICICI Bank Financial 22.35 8.00 2.87 4.74
up Bharti Airtel Communication -- 4.27 0.00 4.27
up Hindustan Unilever FMCG 75.34 3.95 1.25 3.73
up Kotak Mahindra Bank Financial 30.77 4.82 1.79 3.03
up Tata Consultancy Services Technology 27.04 5.02 0.00 2.69
equal HDFC Financial 14.06 5.03 1.75 2.59
equal Divi's Laboratories Healthcare 51.89 2.74 0.00 2.39
up Bajaj Finance Financial 38.76 3.77 0.00 2.20
up Axis Bank Financial 71.57 5.26 0.00 2.08
up Larsen & Toubro Construction 15.48 6.36 1.29 1.85
up Atul Chemicals 24.13 2.20 0.88 1.84
up Ultratech Cement Construction 21.67 3.19 0.53 1.83
down Asian Paints Chemicals 72.50 2.51 0.00 1.80
down Ipca Laboratories Healthcare 41.41 1.89 0.00 1.64
down Balkrishna Industries Automobile 26.71 2.01 0.00 1.63
down Abbott India Healthcare 58.68 2.40 0.00 1.60
equal Alkem Laboratories Healthcare 31.05 1.75 0.00 1.55
up Petronet LNG Energy 13.70 2.48 0.00 1.52
up Hero Motocorp Automobile 14.86 2.00 0.00 1.50
equal Honeywell Automation Engineering 49.49 1.63 0.00 1.44
equal Britannia Inds. FMCG 54.13 3.78 0.00 1.40
up HDFC Asset Management Company Financial 40.63 1.37 0.00 1.37

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.

Interviews:

Funds Managed:

— Shridatta Bhandwaldar since 05-Jul-2016

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:


1.75%

Change from previous, NAV as on 04-Aug-2020

Growth: ₹ 140.0300

Dividend: ₹ 34.2100


Investment Strategy

The scheme aims to generate capital appreciation by investing in equity and equity related securities. The scheme would follow bottom-up investment style by identifying companies with strong competitive position in good business and having quality management. Being an open-ended scheme, some portion of the portfolio may be invested in money market instruments so as to meet the normal repurchase requirements.

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: 16-Sep-2003
Return Since Launch: 16.91%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,107 Cr (As on 30-Jun-2020)
Expense: 2.23% (As on 30-Jun-2020)
Risk Grade: Low
Return Grade: Above Average
Turnover: 62.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-Oct-20192.5234

 26-Oct-20182.6562
 27-Oct-20173.0000
 28-Oct-20162.7000
 02-Nov-20152.5000
 17-Oct-20142.8000
 25-Oct-20132.1000
 14-Oct-20111.0000
 26-Mar-20102.0000
 06-Oct-20092.0000
 05-Sep-20073.0000
 28-Apr-20062.5000
 30-Nov-20042.0000
 26-Dec-20032.5000

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

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