Canara Robeco Equity Taxsaver fund (Growth) is recommended for investment within tax saving mutual funds.
Tax saving funds provides tax saving with inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Invest in this fund as part of a scientific Scripbox plan. Explore the plan below.
Tax Saver Plan
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
No single fund can achieve what a plan can. Learn why
Scheme Information
Investment Objective
(ELSS Scheme) Seeking to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act,1961. However,there can be no assurance that the investment objective of the scheme will be realized.
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.
Canara Robeco Asset Management Co. Ltd. manages assets worth 35,496 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.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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About Canara Robeco Equity Taxsaver fund (G)
About Canara Robeco Equity Taxsaver fund (G)
Canara Robeco Equity Taxsaver fund (G) is a tax saving equity fund and has delivered an annualised return of 20.8% over a period of 12 years ..The fund is managed by Canara Robeco Asset Management Co. Ltd..The fund managers are Cheenu Gupta, Shridatta Bhandwaldar
Canara Robeco Equity Taxsaver fund (G) Investment Objective
(ELSS Scheme) Seeking to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act,1961. However,there can be no assurance that the investment objective of the scheme will be realized. However, there is no assurance that the objective of the scheme will be realized.
Currently, the fund is recommended by Scripbox.
Canara Robeco Equity Taxsaver fund (G) NAV,AUM,Risk
The Canara Robeco Equity Taxsaver fund (G) fund was launched on Feb 02, 2009. The NAV (Net Asset Value) of this tax saving equity as of 2021-06-11 is ₹ 103.07. The total AUM (Asset Under Management) of the fund as of 2021-06-14 is ₹ 2226.662. The category risk of the Canara Robeco Equity Taxsaver fund (G) fund is Very High Risk.
The fund charges 2.14 % as expense ratio.
Canara Robeco Equity Taxsaver fund (G) Holdings
The fund’s highest allocation is towards equity and has invested 97.6% in this asset class. The top three holdings of the fund are infosys ltd,hdfc bank ltd and icici bank ltd
Canara Robeco Equity Taxsaver fund (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 500 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.
Canara Robeco Equity Taxsaver fund (G) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 100 India TR INR
Canara Robeco Equity Taxsaver fund (G) Review
Canara Robeco Equity Taxsaver fund (G) has a score of 5 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Canara Robeco Equity Taxsaver fund (G) has a score of 4 out of 5.
Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.
