Formerly Canara Robeco Emerging Equities Reg Gr
Large & mid 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 Good
NAV (Jan 30)
6 Month CAGR
To generate capital appreciation by investing in a diversified portfolio of large and mid-cap stocks. However,there can be no assurance that the investment objective of the scheme will be realized.
Launched (18y ago)
Mar 11, 2005
AUM in Crores
IISL Nifty LargeMidcap 250 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Canara Robeco Emerging Equities fund (Growth)||937,888||205,276||10.1%|
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 ltd7%
icici bank ltd6.7%
state bank of india4.2%
axis bank ltd3.7%
|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 Emerging Equities Fund (Growth) is an open ended large and mid cap equity scheme. It invests in a diversified portfolio of large and mid cap stocks across different sectors. Large and mid-cap funds invest at least 35% of their assets in both large-cap companies and mid-cap companies. Due to such a diversified investment strategy, the scheme has the potential to generate higher returns in comparison to a large-cap mutual fund. This scheme employs a bottom-up approach while picking large and mid cap stocks for investment.
As of 4th April 2022, Canara Robeco Emerging Equities Fund (Growth) has invested 95.90% in equity and related securities and the remaining 4.10% in debt and fixed income earning instruments. Moreover, the investment in large cap stocks is 59.50% while allocation to mid-cap stocks is 37.55%. Owing to its exposure to the equity market the recommended investment horizon is a minimum of 5 years. Currently, the fund is managed by Mr. Shridatta Bhandwaldar.
Canara Robeco Emerging Equities Fund (Growth) aims to deliver wealth creation and diversification. In agreement with the investment objective, the fund invests in a diversified portfolio of large and mid-cap stocks. The fund invests across different sectors including financial services, technology, healthcare, and energy. However, there can be no assurance that the investment objective of the scheme will be realized.
On 11th March 2005, Canara Robeco Mutual Fund had launched Canara Robeco Emerging Equities Fund (Growth). With an existence of over 17 years, the fund continues to provide wealth appreciation and growth potential over the long term.
Canara Robeco Emerging Equities Fund (Growth) is recommended by Scripbox within the mutual fund category of large and mid cap funds. These funds have the potential to deliver consistent returns by outperforming their benchmark and creating a portfolio of equities belonging to different market capitalisations. Canara Rob Emerg Equities Fund has 95% exposure in Indian equity, in which 57% is in large cap and 36% is in mid cap. The fund is ranked 3 on the basis of average 1 year rolling return – 21.09% and average 3 years rolling return – 18.41%. 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 holds a good rank based on the quarterly outperformance count in the category. The fund is in top 3 based on 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. The fund has second highest AUM in the category with the AUM value of 12,278.79 Cr. The top 2 sectors of the fund are financial services and consumer cyclical with 29.58% and 13.98%.
|Portfolio Turnover Ratio||0.35|
|Asset Type (Equity vs Debt)||Weightage|
|Debt & Cash||4.10%|
|Sector||Percentage of Holding|
Canara Robeco Emerging Equities Fund (Growth) aims to deliver capital appreciation over the long term to its investors. The fund uses a bottom-up stock selection approach on large and mid-cap companies to identify the best developing companies. The fund aims to find companies that have the potential to become leaders in their respective industries in the future. The fund invests in high conviction companies with a long-term outlook, avoiding herd behaviour, chasing short-term profits, and chasing market spurs. Considering these investment strategies, the fund is exposed to volatility due to the ups and downs of the equity market. Hence, it is suitable for an investor who understands the associated risk and seeks an investment option for a minimum tenure of 5 years.
An investor can earn either dividends or capital appreciation. The capital appreciation or return on investment is charged to capital gains for the purpose of taxation. Moreover, the capital gain depends on the period of holding. If an investor sells the units after a period of 12 months then long term capital gain LTCG arises. A long term capital gain is tax exempt up to Rs 100,000. If the units are sold before 12 months then short term capital gain STCG arises. The short term capital gain is taxed at a flat rate of 15%.
The expense ratio on Canara Robeco Emerging Equities Fund (Growth) is 1.5%
The minimum amount for Systematic Transfer Plan (STP) is Rs 1,000. The minimum amount for Systematic withdrawal plan (SWP) is Rs 2,000. This is applicable to a periodic frequency of monthly and quarterly for Canara Robeco Emerging Equities Fund (Growth).