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  • Canara Robeco Mutual Funds
  • Canara Robeco Bluechip Equity Fund (Growth)

Formerly Canara Robeco Large Cap+ Reg Gr

Canara Robeco Mutual Funds

Canara Robeco Bluechip Equity Fund (Growth)

EquityLarge Cap

Recommended

Top Ranked

36.8

NAV (Jun 24)

12.1%
5 Year CAGR
Scripbox Opinion
Recommended
Canara Robeco Bluechip Equity Fund (Growth) is recommended for investment within large cap mutual funds.

Large cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Track Record

12 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

6,859 Cr. Large within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Consistently Good. The fund has performed well consistently over a period of time

Scripbox Recommended Large Cap Funds

Want the large cap equity funds that are right for your long term equity investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

36.8

NAV (Jun 24)

Fund Returns

Last 1Y

-2.9%

Last 3Y

13.5%

Last 5Y

12.1%

Last 10Y

13.4%

Since Inception

11.6%

6 Month CAGR

-9.8%

Scheme Information

Investment Objective

The Investment Objective of the fund is to provide capital appreciation by predominantly investing in companies having a large market capitalization. However,there can be no assurance that the investment objective of the scheme will be realized.

Expense Ratio

1.87

Launched (12y ago)

Aug 20, 2010

AUM in Crores

6858.058

ISIN

INF760K01AR3

Lock-in

No Lock-in

Benchmark

S&P BSE 100 India TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Vishal Mishra

Fund Manager

Shridatta Bhandwaldar

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-06-24

Top Stock Holdings

icici bank ltd

8.8%
8.8%

reliance industries ltd

8.7%
8.7%

hdfc bank ltd

8.5%
8.5%

infosys ltd

6.8%
6.8%

treps

4.7%
4.7%
See all holdings

Allocation by Sector

financial services

34.6%
34.6%

technology

13.4%
13.4%

energy

8.7%
8.7%

consumer defensive

8.7%
8.7%

consumer cyclical

7.9%
7.9%
See all sectors

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,202 cr

5

₹ 13,023 cr

5

₹ 13,023 cr

5

₹ 4,202 cr

5

₹ 4,202 cr

5

About the AMC

Canara Robeco Asset Management Co. Ltd.

Canara Robeco Asset Management Co. Ltd. manages assets worth 51,925 crores and was set up on 2 March 1993. It's current offering of mutual fund schemes includes 22 equity,41 debt and 8 hybrid funds.

amc-img

  • 022-66585000
  • crmf@canararobeco.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    15.5%

    16.7%

    13.5%

    11.6%

    9.6%

    10.5%

    12.6%

    16%

    12.6%

    16%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    Canara Robeco Bluechip Equity Fund (Growth) is an equity oriented large cap mutual fund scheme. Bluechip mutual funds invest in bluechip companies with large market capitalisation. These companies have a well-established track record of performance and potential of future growth and appreciation. In agreement with its investment objective the fund’s investment allocation is more than 80% towards large-cap companies and approx. 4% towards mid-cap companies. The scheme aims to achieve long term growth and wealth appreciation through its asset allocation strategies. The fund has a sufficient track record of 12 years for performance analysis. 

    Investment Objective of Canara Robeco Bluechip Equity Fund (Growth)

    Canara Robeco Bluechip Equity Fund (Growth) aims to provide growth and wealth appreciation over the long term. To achieve this investment objective, it invests majorly in companies with large market capitalisation. To achieve this objective, the investor must invest in the fund for a duration of 10 to 15 years with a minimum period of 5 years.

    Canara Robeco Bluechip Equity Fund (Growth) Scheme Details

    • NAV – The NAV of the fund as of 2nd April 2022 is Rs 40.70. The risk-o-meter of the fund is very high risk. Hence, an investor must understand that their principal amount investment will be exposed to volatility in the short-term. 
    • Returns – Since its inception, Canara Robeco Bluechip Equity Fund (Growth) has delivered a return of 12.90%. The fund is benchmarked to S&P BSE 100 India TR INR
    • Expense Ratio – The fund charges an expense ratio of 1.87% on the units of the mutual funds at the NAV. The fund charges an exit load. 1% – if redeemed or switched out within 1 year from the date of allotment. Nil – if redeemed or switched out after 1 year from the date of allotment.
    • Fund Manager – The fund is managed by Vishal Mishra and Shridatta Bhandwaldar. Mr. Bhandwaldar holds a bachelor’s degree in mechanical engineering and a Master’s degree in management science (Finance). Prior to joining Canara Robeco Mutual Fund, he worked at SBI Pension Funds Pvt. Ltd. as Head-Research (July 2012-June 2016), Heritage India Advisory Pvt. Ltd. (Oct 2009-June 2012) as Senior Equity Analyst, Motilal Oswal Securities (Jan 2008-Sep 2009), and MF Global Securities (Jan 2008-Sep 2009). (Apr 2006-Dec 2008). 
      • Mr. Mishra has a B. Com. and A.C.A. degree. He has over ten years of experience in equities research and credit research. He has spent the last four years working at Daiwa Asset Mgt (India) Pvt. Ltd. Asst. Vice President Research at Collins Stewart India Pvt. Ltd. was his previous position. He worked at IL&FS Investment Ltd, Crisil Ltd, and Quantum Information Services Ltd, among others.
    • Investment Amount – The minimum investment amount is Rs 5,000. You can invest through SIP with a minimum amount of Rs 1,000.
    • Prescribed Asset Allocation – Large Cap equity and equity related instruments – 80% to 100% (Risk- High). Other Equity and equity related instruments – 0% to 20% (Risk- Low). Debt and Money Market Instruments – 0% to 20% (Risk- Low to Medium)

    Review of Canara Robeco Bluechip Equity Fund (Growth)

    Canara Robeco Bluechip Equity Fund- Regular (Growth) is recommended by Scripbox for a long-term investment within the large-cap mutual fund category. The scheme has consistently provided inflation beating returns in the long term. With a track record of 12 years, the fund provides a sufficient history of past performance for analysis. The relative size of the fund is large in comparison to other funds in similar categories. 

    Canara Rob Bluechip Equity Fund is a large cap fund with 96% exposure in Indian equity, in which 88% is in large cap. The fund holds rank 1 in the category on the basis of average 1 year rolling return – 20.3% and average 3 years rolling return – 18.87%. Returns were calculated based on 1 year and 3 years rolling returns rolled monthly for the last 4 years. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund’s absolute and relative performance across all timescales, without bias.

    The fund is in top 5 based on the quarterly outperformance count in the category. Out of 16 quarters the fund has outperformed the category average 10 times. The fund has second highest information ratio in the category. The information ratio is used to evaluate the skill of a portfolio manager at generating returns more than a given benchmark. With an AUM value of 6141.93 Cr., the fund is in top 10 in the category. The top 2 sectors of the fund are financial services and technology with 37.12% and 16.7%. 57% asset is in top 10 stocks.

     

    Fund Performance

    Annualised Returns

    PeriodReturns
    10 Years14.50%
    5 Years15.60%
    3 Years18.50%
    1 Year15.90%
    As of 2nd April 2022

    Performance Ratio

    Standard Deviation19.95%
    Portfolio Beta0.9
    Treynor’s Ratio0.17
    Sharpe Ratio0.76
    As of 2nd April 2022

    Asset Allocation

    Asset Allocation as per Asset Type

    Asset Allocation as per Asset Type (Equity vs Debt)Weightage
    Equity96.20%
    Debt & Cash3.80%
    As of 2nd April 2022

    Asset Allocation as per Sector

    SectorAllocation of Assets
    Financial Services35.70%
    Technology16.10%
    Consumer Cyclical9.60%
    Energy7.50%
    Consumer defensive6.20%
    Healthcare6.10%
    Basic Materials6.10%
    Others8.90%
    As of 2nd April 2022

    Frequently Asked Questions

    Should You Invest in Canara Robeco Bluechip Equity Fund (Growth)?

    Canara Robeco Bluechip Equity Fund (Growth) is an equity oriented fund that invests predominantly in securities. The fund invests in stocks of companies with a large market capitalisation spread across different sectors. Such sectors include financial services, technology, energy, healthcare, and so on. Hence, the returns are subject to market fluctuations. Due to an exposure to equities, the investor can expect volatility in the short term. This mutual fund is suitable for an investor who understands that the fund is subject to volatility. An investor with an investment objective of more than 5 years must invest in this scheme. Owing to the past performance and large size of the fund, Scripbox recommends this fund to its investors 

    What is the expense ratio on Canara Robeco Bluechip Equity Fund (Growth)?

    The expense ratio on Canara Robeco Bluechip Equity Fund (Growth) is 1.87%.

    How do I invest in Canara Robeco Bluechip Equity Fund (Growth)?

    You can invest in Canara Robeco Bluechip Equity Fund (Growth) through Scripbox App. Scripbox app makes investment easy, quick, and seamless. Simple login to your app, go to ‘Invest’ and explore the mutual funds. Add the investment amount and make the payment. In these simple steps you can invest in the fund through Scripbox.

    Does Canara Robeco Bluechip Equity Fund- Regular (Growth) charge exit load?

    Yes, Canara Robeco Bluechip Equity Fund (Growth) charges an exit load. Exit load of 1% is charged if the investor redeems or switches out within a period of 1 year or 12 months. 

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