Formerly Canara Robeco Large Cap+ Reg Gr
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).
The fund has been a Category Leader on the Fund Size metric
The performance of the fund on a Outperformance Consistency metric has been Satisfactory
NAV (Feb 3)
6 Month CAGR
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.
Launched (13y ago)
Aug 20, 2010
AUM in Crores
S&P BSE 100 India TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Canara Robeco Bluechip Equity Fund (Growth)||1,005,114||272,502||12.8%|
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.
hdfc bank ltd9.9%
icici bank ltd8.7%
reliance industries ltd5.9%
state bank of india4.6%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 4,848 cr
₹ 10,444 cr
₹ 15,500 cr
₹ 10,444 cr
₹ 15,500 cr
Canara Robeco Asset Management Co. Ltd.
Canara Robeco Asset Management Co. Ltd. manages assets worth 64,588 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.
|Fund Name||Scripbox Opinion||Till Date CAGR|
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.
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- 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.
|Asset Allocation as per Asset Type (Equity vs Debt)||Weightage|
|Debt & Cash||3.80%|
|Sector||Allocation of Assets|
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
The expense ratio on Canara Robeco Bluechip Equity Fund (Growth) is 1.87%.
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.
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.