- Mutual Funds
- Canara Robeco Mutual Funds
- Canara Robeco Bluechip Equity Fund (Growth)
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).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 47.74
NAV (Nov 30)
Fund Returns
Last 1Y | 10.5% |
Last 3Y | 15.3% |
Last 5Y | 15.3% |
Last 10Y | 14.5% |
Since Inception | 12.5% |
6 Month CAGR | 9% |
Scheme Information
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 | 1.71 |
Launched (13y ago) | Aug 20, 2010 |
AUM in Crores | 10182.106 |
ISIN | INF760K01AR3 |
Lock-in | No Lock-in |
Benchmark | S&P BSE 100 India TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 13.1 |
Standard Deviation (5yr) | 16.2 |
Beta (3yr) | 0.9 |
Beta (5yr) | 0.86 |
Sharpe Ratio (3yr) | 0.91 |
Sharpe Ratio (5yr) | 0.642 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Canara Robeco Bluechip Equity Fund (Growth) | 10,72,919 | 3,40,307 | 15.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
hdfc bank ltd
9.2%icici bank ltd
7.7%reliance industries ltd
5.8%infosys ltd
5.7%larsen & toubro ltd
4.7%Allocation by Sector
financial services
32.2%technology
11.2%consumer cyclical
10.7%industrials
10.5%consumer defensive
9%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 11,883 cr | ||
₹ 11,693 cr | ||
₹ 17,531 cr | ||
₹ 10,182 cr | ||
₹ 9,101 cr |
About the AMC
Canara Robeco Asset Management Co. Ltd.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
15.3% | 12.5% | ||
11.9% | 11.4% | ||
11.9% | 11.4% | ||
18.9% | 19.2% | ||
21.1% | 16.2% |
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
| Period | Returns |
| 10 Years | 14.50% |
| 5 Years | 15.60% |
| 3 Years | 18.50% |
| 1 Year | 15.90% |
Performance Ratio
| Standard Deviation | 19.95% |
| Portfolio Beta | 0.9 |
| Treynor’s Ratio | 0.17 |
| Sharpe Ratio | 0.76 |
Asset Allocation
Asset Allocation as per Asset Type
| Asset Allocation as per Asset Type (Equity vs Debt) | Weightage |
| Equity | 96.20% |
| Debt & Cash | 3.80% |
Asset Allocation as per Sector
| Sector | Allocation of Assets |
| Financial Services | 35.70% |
| Technology | 16.10% |
| Consumer Cyclical | 9.60% |
| Energy | 7.50% |
| Consumer defensive | 6.20% |
| Healthcare | 6.10% |
| Basic Materials | 6.10% |
| Others | 8.90% |
Frequently Asked Questions
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.