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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
Top Ranked


NAV (Nov 30)

5 Year CAGR
Scripbox Opinion
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 ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency


The performance of the fund on a Outperformance Consistency metric has been Good

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


Total Investment


Wealth Gained


Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV


NAV (Nov 30)

Fund Returns

Last 1Y
Last 3Y
Last 5Y
Last 10Y
Since Inception
6 Month CAGR

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
Launched (13y ago)
Aug 20, 2010
AUM in Crores
No Lock-in
S&P BSE 100 India TR INR
SIP Minimum
Lumpsum Min.
Standard Deviation (3yr)
Standard Deviation (5yr)
Beta (3yr)
Beta (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
Fund Managers

Vishal Mishra

Fund Manager

Shridatta Bhandwaldar

Fund Manager

Returns Calculator Comparison



with step up of

AssetReturnsTotal CorpusGainsCAGR
Canara Robeco Bluechip Equity Fund (Growth)70%10,72,919 3,40,30715.3%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2023-11-30

Top Stock Holdings

hdfc bank ltd


icici bank ltd


reliance industries ltd


infosys ltd


larsen & toubro ltd

See all holdings

Allocation by Sector

financial services




consumer cyclical




consumer defensive

See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 11,883 cr

₹ 11,693 cr

₹ 17,531 cr

₹ 10,182 cr

₹ 9,101 cr

About the AMC

Canara Robeco Asset Management Co. Ltd.

Canara Robeco Asset Management Co. Ltd. manages assets worth 78,106 crores and was set up on 2 March 1993. It's current offering of mutual fund schemes includes 34 equity,41 debt and 8 hybrid funds.amc-img
Fund NameScripbox 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. 

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

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
Debt & Cash3.80%
As of 2nd April 2022

Asset Allocation as per Sector

SectorAllocation of Assets
Financial Services35.70%
Consumer Cyclical9.60%
Consumer defensive6.20%
Basic Materials6.10%
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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