Canara Robeco Equity Tax Saver Fund - Regular Plan

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Equity: ELSS

1 Lakh

Investment Grown to

₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to

₹ 3.78 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto 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 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 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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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	-5.38	-1.06	-1.01	5.78	12.16	-6.93	-0.91	5.27	6.42	12.21	9.84
S&P BSE 500 TRI	-11.23	-1.58	-1.67	6.30	18.53	-13.06	-6.56	1.55	5.78	10.80	8.17
Equity: ELSS	-11.44	-1.25	-1.52	5.37	14.94	-13.12	-7.02	-0.35	4.38	11.64	8.88
Rank within category	4	11	7	18	33	4	4	1	6	13	7
Number of funds in category	38	38	38	38	38	38	36	34	30	28	27

As on 14-Jul-2020

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	-0.91	5.27	6.42	2.28	992
Axis Long Term Equity Fund \| Invest Online	Dec-09	-3.07	5.15	6.93	1.73	20,292
Aditya Birla Sun Life Tax Relief 96 \| Invest Online	Mar-96	-1.37	1.87	6.39	1.93	10,101
DSP Tax Saver Fund \| Invest Online	Jan-07	-4.91	1.52	6.86	1.87	5,789
Mirae Asset Tax Saver Fund - Regular Plan \| Invest Online	Dec-15	-2.89	4.44	--	1.80	3,538

Best & Worst Performance

	Best (Period)	Worst (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	7.18	19.73	0.10	0.10	0.88	2.77
S&P BSE 500 TRI	4.28	21.61	-0.05	-0.05	--	--
Equity: ELSS	2.32	21.15	-0.14	-0.15	0.95	-2.02
Rank within category	2	4	2	2	4	2
Number of funds in category	34	34	34	34	34	34

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	45
Top 10 Stocks (%)	47.58
Top 5 Stocks (%)	29.76
Top 3 Sectors (%)	52.35
Portfolio P/B Ratio	4.59
Portfolio P/E Ratio	30.72

Portfolio Aggregates

	Fund	Category
Average Mkt Cap (Rs Cr)	1,04,816	89,760
Giant (%)	54.24	52.59
Large (%)	18.12	15.43
Mid (%)	22.42	23.93
Small (%)	5.23	8.24
Tiny (%)	--	0.13

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	21.33	8.08	0.00	8.08
HDFC Bank	Financial	21.56	9.66	3.60	6.32
Reliance Industries	Energy	33.76	8.90	0.00	5.68
Hindustan Unilever	FMCG	79.22	5.21	1.40	5.17
Divi's Laboratories	Healthcare	43.06	5.31	0.00	4.51
ICICI Bank	Financial	23.80	9.12	0.00	4.17
Bharti Airtel	Communication	--	4.30	0.00	4.07
Kotak Mahindra Bank	Financial	29.87	7.28	0.00	3.43
Bajaj Finance	Financial	37.28	5.95	0.00	3.40
HDFC Asset Management Company	Financial	41.73	3.37	0.00	2.75
HDFC Life Insurance	Financial	--	2.85	0.00	2.56
Asian Paints	Chemicals	59.61	3.89	0.00	2.24
Escorts	Automobile	28.85	2.20	0.00	2.20
Hero Motocorp	Automobile	14.69	2.35	0.00	2.12
Alkem Laboratories	Healthcare	26.84	2.59	0.00	1.99
PI Industries	Chemicals	57.12	1.94	0.00	1.94
Multi Commodity Exchange India	Financial	28.04	2.72	0.00	1.94
Dr. Reddy's Lab	Healthcare	33.09	2.89	0.00	1.94
Ipca Laboratories	Healthcare	34.40	1.92	0.00	1.88
Honeywell Automation	Engineering	51.16	2.94	0.00	1.78
Dr. Lal Pathlabs	Healthcare	70.81	2.65	0.00	1.76
Mahindra & Mahindra	Automobile	545.53	1.75	0.00	1.75
Aarti Industries	Chemicals	29.71	2.43	0.00	1.74
Shree Cement	Construction	51.48	2.12	0.00	1.58
Nestle India	FMCG	80.23	1.72	0.00	1.56

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

As on 30-Jun-2020

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

-1.06%

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

Dividend: ₹ 23.4200

Growth: ₹ 64.6800

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 (₹)	--

Exit Load	0

Exit Load

Fund House:	Canara Robeco Mutual Fund
Launch Date:	31-Mar-1993
Return Since Launch:	13.88%
Benchmark:	S&P BSE 100 TRI
Riskometer:	Moderately High
Type:	Open-ended
Assets:	₹ 992 Cr (As on 30-Jun-2020)
Expense:	2.28% (As on 31-May-2020)
Risk Grade:	Low
Return Grade:	Above Average
Turnover:	157.00%

Plan

Record Date

Dividend (₹ / Unit)

Dividend

28-Feb-2020

0.9739

More...

	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
	26-Mar-2004	1.5000
	16-Oct-2003	0.7500

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
Fund News - 16-Oct-2018

Fund Manager change in Seven Schemes of Canara Robeco Mutual Fund

Canara Robeco Equity Tax Saver Fund - Regular Plan

₹ 0.99 Lakh

₹ 1.17 Lakh

₹ 1.36 Lakh

₹ 2.24 Lakh

₹ 2.56 Lakh

₹ 8.82 Lakh

₹ 9.89 Lakh

₹ 1.23 Lakh

₹ 3.78 Lakh

₹ 7.09 Lakh

₹ 11.31 Lakh

₹ 20.11 Lakh

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

-1.06%

Investment Strategy

Investment Details

Basic Details

Most Recent Dividends

News & Analysis

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