• Mutual Funds
  • Canara Robeco Mutual Funds
  • Canara Robeco ELSS Tax Saver fund (PIDCW-6M)

Formerly Canara Robeco Equity Taxsaver Reg IDCW-P

Canara Robeco Mutual Funds

Canara Robeco ELSS Tax Saver fund (PIDCW-6M)

EquityTax Saving

48.8

NAV (Jun 13)

18.1%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in tax saving mutual funds.

Tax saving 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).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Outperformance Consistency

Neutral

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

Invest in this fund
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

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

48.8

NAV (Jun 13)

Fund Returns

Last 1Y
33.7%
Last 3Y
16.9%
Last 5Y
19.6%
Last 10Y
15.6%
Since Inception
15.4%
6 Month CAGR
16.4%

Scheme Information

Investment Objective

The Fund aims 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.

Expense Ratio
1.7
Launched (31y ago)
Mar 31, 1993
AUM in Crores
7925.680
ISIN
INF760K01084
Lock-in
3
Benchmark
S&P BSE 500 India TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
12.1
Standard Deviation (5yr)
18.9
Beta (3yr)
0.91
Beta (5yr)
0.91
Sharpe Ratio (3yr)
0.833
Sharpe Ratio (5yr)
0.669
YTM
0
Fund Managers

Vishal Mishra

Fund Manager

Shridatta Bhandwaldar

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Canara Robeco ELSS Tax Saver fund (PIDCW-6M)70%11,55,853 4,23,24118.1%
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 2024-06-13

Top Stock Holdings

hdfc bank ltd

6.5%
6.5%

icici bank ltd

5.7%
5.7%

treps

4.6%
4.6%

reliance industries ltd

4.3%
4.3%

infosys ltd

3.9%
3.9%
See all holdings

Allocation by Sector

financial services

28%
28%

industrials

14.9%
14.9%

consumer cyclical

13.1%
13.1%

technology

8.8%
8.8%

energy

6.4%
6.4%
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)

₹ 19,454 cr

₹ 15,161 cr

₹ 22,620 cr

₹ 42,669 cr

₹ 63,933 cr

amc-img

About the AMC

Canara Robeco Asset Management Co. Ltd.

Canara Robeco Asset Management Co. Ltd. manages assets worth 97,077 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
phone-img022-66585000
Fund NameScripbox Opinion
Till Date CAGR

20.4%

17.2%

14%

14.4%

20.2%

16.8%

20.2%

16.8%

13.7%

11.8%

Canara Robeco ELSS Tax Saver fund (PIDCW-6M) Review

Canara Robeco ELSS Tax Saver fund (PIDCW-6M) is a Tax Saving Equity fund and has delivered an annualised return of 14.6% over a period of 31 years. The fund was previously known as Canara Robeco Equity Taxsaver Reg IDCW-P. The fund is managed by Canara Robeco Asset Management Co. Ltd.. The fund managers are Shridatta Bhandwaldar, Vishal Mishra.

Nav of Canara Robeco ELSS Tax Saver fund (PIDCW-6M) as of 6/13/2024 is ₹48.80 with the total AUM as of 6/14/2024 is ₹7925.68. With Scripbox you can compare and check the latest nav for all mutual funds in India. Canara Robeco ELSS Tax Saver fund (PIDCW-6M) was launched on Mar 31, 1993. The category risk of the fund is Very High Risk.

The minimum SIP amount for Canara Robeco ELSS Tax Saver fund (PIDCW-6M) 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. Check your estimated returns on mutual funds by using sip calculator.

Canara Robeco ELSS Tax Saver fund (PIDCW-6M) 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 500 India TR INR.

Canara Robeco ELSS Tax Saver fund (PIDCW-6M) is rated as a 2 fund in Equity and delivered 33.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Canara Robeco ELSS Tax Saver fund (PIDCW-6M).

Frequently Asked Questions

What is Canara Robeco ELSS Tax Saver fund (PIDCW-6M)?

Canara Robeco ELSS Tax Saver fund (PIDCW-6M) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Canara Robeco ELSS Tax Saver fund (PIDCW-6M)?

You can invest in Canara Robeco ELSS Tax Saver fund (PIDCW-6M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Canara Robeco ELSS Tax Saver fund (PIDCW-6M)?

The minimum sip amount for Canara Robeco ELSS Tax Saver fund (PIDCW-6M) is ₹500. You can invest in multiples of ₹500.

Is Canara Robeco ELSS Tax Saver fund (PIDCW-6M) good to invest in?

As per Scripbox experts, Canara Robeco ELSS Tax Saver fund (PIDCW-6M) is a Neutral fund. You can investCanara Robeco ELSS Tax Saver fund (PIDCW-6M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Canara Robeco ELSS Tax Saver fund (PIDCW-6M)?

The expense ratio of the Canara Robeco ELSS Tax Saver fund (PIDCW-6M) is 1.7% for regular plan.