Canara Robeco Equity Tax Saver Fund - Regular Plan

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Equity: ELSS

Analysts' Choice?

1 Lakh

Investment Grown to

₹ 1.57 Lakh

₹ 10000

Monthly SIP Grown to

₹ 5.08 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. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

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 ELSS, 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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Annual Returns

Quarterly Returns

Monthly Returns

Weekly Returns

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Amount (₹)

Start date

End date

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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	8.99	-0.54	-1.07	2.64	-2.80	21.01	62.28	16.16	16.52	15.30	13.90
S&P BSE 500 TRI	8.85	-0.53	-0.69	2.39	0.07	20.24	68.45	11.48	15.22	13.67	12.19
Equity: ELSS	8.59	-0.64	-0.82	2.45	-0.26	19.87	61.52	9.35	13.43	14.00	12.86
Rank within category	16	16	27	13	30	14	17	2	4	10	8
Number of funds in category	38	38	38	38	38	38	38	35	33	29	27

As on 14-May-2021

Peer Comparison

Fund name	Launch Date	1-Year Return	3-Year Return	5-Year Return	Expense Ratio	Assets (Cr)
Canara Robeco Equity Tax Saver Fund - Regular Plan \| Invest Online	Mar-93	62.28	16.16	16.52	2.34	2,044
Axis Long Term Equity Fund	Dec-09	52.25	12.22	15.23	1.85	28,239
DSP Tax Saver Fund \| Invest Online	Jan-07	68.41	13.13	16.04	1.79	8,176
Mirae Asset Tax Saver Fund - Regular Plan \| Invest Online	Dec-15	75.33	15.83	20.65	1.97	7,251
Kotak Tax Saver Regular Plan \| Invest Online	Nov-05	61.22	12.65	15.00	2.10	1,866

Best & Worst Performance

	Best Performance		Worst Performance
	Return (%)	Period	Return (%)	Period
Week	24.31	29-Feb-2000 - 07-Mar-2000	-22.86	10-May-2004 - 17-May-2004
Month	36.76	28-Apr-2009 - 28-May-2009	-34.33	20-Feb-2020 - 23-Mar-2020
Quarter	91.81	12-Mar-2009 - 11-Jun-2009	-40.68	21-Feb-2000 - 22-May-2000
Year	171.77	11-Feb-1999 - 11-Feb-2000	-59.93	15-Sep-2000 - 17-Sep-2001

Risk Measures (%)

	Mean	Std Dev	Sharpe	Sortino	Beta	Alpha
Fund	16.94	21.04	0.60	0.67	0.89	4.95
S&P BSE 500 TRI	12.90	22.64	0.38	0.43	--	--
Equity: ELSS	10.82	22.29	0.29	0.33	0.96	-1.73
Rank within category	3	6	2	2	6	2
Number of funds in category	35	35	35	35	35	35

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

As on 30-Apr-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks	51
Top 10 Stocks (%)	46.55
Top 5 Stocks (%)	30.52
Top 3 Sectors (%)	54.58
Portfolio P/B Ratio	4.02
Portfolio P/E Ratio	34.52

Portfolio Aggregates

	Fund	Category
Average Mkt Cap (Rs Cr)	1,43,308	1,16,158
Giant (%)	50.69	51.00
Large (%)	25.69	16.48
Mid (%)	22.77	24.08
Small (%)	0.85	8.63
Tiny (%)	--	0.26

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
Infosys	Technology	29.00	9.53	0.00	9.05
ICICI Bank	Financial	22.48	9.12	0.00	7.36
HDFC Bank	Financial	24.03	9.66	3.60	5.30
Larsen & Toubro	Construction	17.17	6.60	0.00	4.46
Tata Steel	Metals	18.20	4.35	0.00	4.35
Tata Consultancy Services	Technology	34.80	8.34	0.00	4.29
Bajaj Finance	Financial	72.76	5.95	0.00	3.53
Axis Bank	Financial	29.18	5.66	0.00	3.25
State Bank of India	Financial	13.87	6.73	0.00	2.72
Asian Paints	Chemicals	84.75	3.89	0.00	2.24
Divi's Laboratories	Healthcare	57.08	5.31	0.00	2.17
Motherson Sumi Systems	Automobile	141.80	1.98	0.00	1.98
Voltas	Cons Durable	62.99	3.09	0.00	1.97
Jubilant FoodWorks	Services	232.24	2.28	0.00	1.86
Hindalco Inds.	Metals	38.69	1.86	0.00	1.83
HDFC	Financial	23.31	5.74	0.00	1.78
Havells India	Engineering	67.92	2.81	0.00	1.74
Kotak Mahindra Bank	Financial	33.88	5.07	0.00	1.73
L&T Infotech	Technology	32.54	2.94	0.00	1.65
Dixon Technologies	Engineering	161.76	1.64	0.00	1.64
Cholamandalam Invest. & Fin.	Financial	28.39	1.82	0.00	1.59
Minda Industries	Automobile	177.62	1.84	0.00	1.57
Reliance Industries	Energy	26.66	8.98	0.00	1.52
Dalmia Bharat	Construction	26.25	1.66	0.00	1.51
Avenue Supermarts	Services	167.50	3.97	0.00	1.42

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

As on 30-Apr-2021

Fund Manager

— Cheenu Gupta since 12-Mar-2018

Education: Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)

Experience: Prior to joining Canara Robeco Mutual Fund, she has worked with Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.

Funds Managed:

— Shridatta Bhandwaldar since 01-Oct-2019

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:

Invest Online

-0.54%

Change from previous, NAV as on 14-May-2021

IDCW: ₹ 31.4900

Growth: ₹ 94.8800

The scheme seeks to achieve long term capital appreciation by predominantly investing in equities. It also offers tax benefits under Section 80C. The investments may be made in primary as well as secondary markets and scheme may also invest in overseas equity markets like ADRs/GDRs.

Minimum Investment (₹)	500
Minimum Addl Investment (₹)	500
Minimum SIP Investment (₹)	500
Minimum No of Cheques	6
Minimum Withdrawal (₹)	--
Minimum Balance (₹)	--

Lock-in Period	3 Years
Exit Load	0

Fund House:	Canara Robeco Mutual Fund
Launch Date:	31-Mar-1993
Return Since Launch:	15.00%
Benchmark:	S&P BSE 100 TRI
Riskometer:	Very High
Type:	Open-ended
Assets:	₹ 2,044 Cr (As on 30-Apr-2021)
Expense:	2.34% (As on 31-Mar-2021)
Risk Grade:	Low
Return Grade:	High
Turnover:	135.00%

Plan

Record Date

Dividend (₹ / Unit)

IDCW

26-Feb-2021

1.5500

More...

	27-Nov-2020	1.1000
	28-Feb-2020	0.9739
	29-Nov-2019	0.9739
	22-Feb-2019	0.8854
	30-Nov-2018	0.8854
	23-Feb-2018	1.0000
	10-Nov-2017	1.0000
	28-Feb-2017	0.9000
	04-Nov-2016	1.0000
	26-Feb-2016	0.8900
	06-Nov-2015	1.0000
	27-Feb-2015	1.0000
	10-Oct-2014	1.0000
	20-Dec-2013	0.7500
	08-Mar-2013	1.5000
	09-Mar-2012	1.0000
	18-Mar-2011	1.0000
	21-Jan-2011	2.0000
	19-Mar-2010	2.0000
	08-Jan-2010	2.0000
	28-Mar-2008	3.0000
	15-Mar-2007	6.0000
	16-Mar-2006	4.0000
	18-Mar-2005	2.5000

Fund News - 22-Feb-2021

Dividend Declared in Canara Robeco Mutual Fund
Fund News - 24-Feb-2020

Dividend Announced in Canara Robeco Equity Tax Saver Fund
Fund News - 01-Oct-2019

Fund Manager change in Schemes of Canara Robeco Mutual Fund
Fund News - 18-Feb-2019

Dividend Declared in Canara Robeco Equity Tax Saver Fund
Fund News - 26-Nov-2018

Dividend Declared in Three Equity Funds of Canara Robeco Mutual Fund

Canara Robeco Equity Tax Saver Fund - Regular Plan

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Trailing Returns (%)

Peer Comparison

Best & Worst Performance

Risk Measures (%)

Asset Allocation (%)

Concentration & Valuation

Portfolio Aggregates

Value Research Fund Style

Sector Allocation vis-à-vis Category

Top Holdings

Fund Manager

-0.54%

Investment Strategy

Investment Details

Basic Details

Most Recent Dividends

News & Analysis

Contact Information

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