• Mutual Funds
  • Canara Robeco Mutual Funds
  • Canara Robeco Emerging Equities fund (Growth)

Formerly Canara Robeco Emerging Equities Reg Gr

Canara Robeco Mutual Funds

Canara Robeco Emerging Equities fund (Growth)

EquityLarge & Mid Cap

Recommended

Top Ranked

162.53

NAV (Sep 23)

13.4%
5 Year CAGR
Scripbox Opinion
Recommended
Canara Robeco Emerging Equities fund (Growth) is recommended for investment within large & mid cap mutual funds.

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).

Our analysis of this fundLearn how we rate funds ->

Fund Size

₹ 14,941 Cr

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

Outperformance Consistency

Good

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

View all 7 analysis

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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

162.53

NAV (Sep 23)

Fund Returns

Last 1Y

1.9%

Last 3Y

22.8%

Last 5Y

13.4%

Last 10Y

21%

Since Inception

17.4%

6 Month CAGR

6.2%

Scheme Information

Investment Objective

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.

Expense Ratio

1.79

Launched (17y ago)

Mar 11, 2005

AUM in Crores

14940.860

ISIN

INF760K01167

Lock-in

No Lock-in

Benchmark

IISL Nifty LargeMidcap 250 TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

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 2022-09-23

Top Stock Holdings

icici bank ltd

6.9%
6.9%

hdfc bank ltd

5.7%
5.7%

reliance industries ltd

4.2%
4.2%

infosys ltd

4.1%
4.1%

treps

3.6%
3.6%
See all holdings

Allocation by Sector

financial services

29.4%
29.4%

consumer cyclical

15.9%
15.9%

industrials

12.6%
12.6%

basic materials

9.9%
9.9%

technology

6.7%
6.7%
See all sectors

Compare Canara Robeco Emerging Equities fund (Growth)

Fund NameFund SizeOutperformance Consistency
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,714 cr

₹ 10,218 cr

₹ 14,940 cr

₹ 10,218 cr

₹ 14,940 cr

About the AMC

Canara Robeco Asset Management Co. Ltd.

Canara Robeco Asset Management Co. Ltd. manages assets worth 59,853 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

    22.8%

    17.4%

    18.5%

    12.5%

    14.5%

    11.4%

    19.7%

    16.7%

    19.7%

    16.7%

    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 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.

    Investment Objective of Canara Robeco Emerging Equities Fund (Growth)

    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. 

    Scheme Details of Canara Robeco Emerging Equities Fund (Growth)

    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.

    • NAV and Returns – The NAV of the fund as of 4th April 2022 is Rs 161.49. The risk-o-meter of the fund is very high risk. Hence, an investor must understand that their principal investment amount will be at very high risk. Since its inception, Canara Robeco Emerging Equities Fund (Growth) has delivered a return of 17.60%.
    • Minimum Investment – For a SIP investment, the fund mandates a minimum SIP investment of Rs 1,000. To make a lump sum investment an investor must invest a minimum amount of Rs 5,000.
    • Expense Ratio and Exit Load – The fund charges an expense ratio of 1.80% on the units of the mutual funds at the NAV. The fund charges an exit load of 1%. The exit load is applicable if an investor redeems or switches out of the scheme within 1 year from the allotment. However, if an investor redeems or switches out of the scheme after the expiry of 1 year from the date of allotment then the exit load is NIL.
    • Fund Manager – Since its inception, the fund has been managed by Shridatta Bhandwaldar. Mr. Bhandwaldar holds a bachelor’s degree in mechanical engineering and a master’s degree in management science (Finance). He worked with SBI Pension Funds Pvt. Ltd. as Head-Research, Heritage India Advisory Pvt. Ltd. as Senior Equity Analyst, Motilal Oswal Securities, and MF Global Securities before joining Canara Robeco Mutual Fund.
    • Other Details – As of 4th April 2022, the AUM of Canara Robeco Emerging Equities Fund (Growth) is Rs 12,994.203 cr. The fund benchmarks to IISL Nifty Large & Midcap 250 TR INR and aims to outperform its benchmark through a bottom-up investment approach to selecting the large and mid cap stocks.
    • Prescribed Asset Allocation– Large Cap equity and equity related instruments* – 35% to 65%. (Risk- High). Mid Cap equity and equity related instruments* – 35% to 65% (Risk- High). Other equity and equity related instruments, debt and money market instruments – 0% to 30% (Risk- Low to Medium). Reits and Invits- 0% to 10%.(Risk- Medium to High).

    Growth Review

    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%.

    1. With an existence of over 17 years, the fund has an extended history for analysis. Moreover, the track record is excellent within this category.
    2. With an AUM or relative size of Rs 12,994.203 cr, the fund is a leader w.r.t. size within this category.
    3. Over a period of time, the funds performed well by providing benchmark beating returns. 

    Fund Performance

    Annualised Returns

    PeriodReturns
    10 Years21.30%
    5 Years15.30%
    3 Years19%
    1 Year22.10%
    The above mentioned data is as of 4th April 2022

    Performance Ratio

    Portfolio Turnover Ratio0.35
    Standard Deviation20.89%
    Portfolio Beta0.87
    R-Squared0.95
    Sharpe Ratio0.85
    The above mentioned data is as of 4th April 2022

    Asset Allocation

    Asset Allocation as per Asset Type

    Asset Type (Equity vs Debt)Weightage
    Equity95.90%
    Debt & Cash4.10%
    The above mentioned data is as of 4th April 2022

    Asset Allocation As per Sector

    SectorPercentage of Holding
    Financial Services28.40%
    Consumer Cyclical13.40%
    Industrials11.10%
    Technology10.10%
    Basic Materials9.80%
    Healthcare8.90%
    Consumer Defensive4.70%
    Energy3.30%
    Communication Services2.60%
    Utilities2.10%
    Real Estate1.50%
    The above mentioned data is as of 4th April 2022

    Frequently Asked Questions

    Who should invest in Canara Robeco Emerging Equities Fund (Growth)?

    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.

    What is the tax on Canara Robeco Emerging Equities Fund (Growth)?

    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%.

    What is the expense ratio on Canara Robeco Emerging Equities Fund (Growth)?

    The expense ratio on Canara Robeco Emerging Equities Fund (Growth) is 1.5%

    What is the minimum amount for STP for Canara Robeco Emerging Equities Fund (Growth)?

    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).

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