- Mutual Funds
- Canara Robeco Mutual Funds
- Canara Robeco ELSS Tax Saver fund (PIDCW-6M)
Formerly Canara Robeco Equity Taxsaver Reg IDCW-P
Canara Robeco ELSS Tax Saver fund (PIDCW-6M)
₹ 44.54
NAV (Apr 16)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 44.54
NAV (Apr 16)
Fund Returns
Last 1Y | 30.3% |
Last 3Y | 17.1% |
Last 5Y | 16.7% |
Last 10Y | 15.6% |
Since Inception | 14.4% |
6 Month CAGR | 15% |
Scheme Information
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 | 1.73 |
Launched (31y ago) | Mar 31, 1993 |
AUM in Crores | 7500.473 |
ISIN | INF760K01084 |
Lock-in | 3 |
Benchmark | S&P BSE 500 India TR INR |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 12.5 |
Standard Deviation (5yr) | 18.9 |
Beta (3yr) | 0.91 |
Beta (5yr) | 0.92 |
Sharpe Ratio (3yr) | 0.885 |
Sharpe Ratio (5yr) | 0.653 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Canara Robeco ELSS Tax Saver fund (PIDCW-6M) | 11,13,419 | 3,80,807 | 16.7% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
hdfc bank ltd
6.5%icici bank ltd
5.9%reliance industries ltd
4.5%infosys ltd
4.4%treps
4.2%Allocation by Sector
financial services
29.2%industrials
12.5%consumer cyclical
12.5%technology
9.7%energy
6.6%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 17,313 cr | ||
₹ 21,475 cr | ||
₹ 14,075 cr | ||
₹ 41,281 cr | ||
₹ 60,559 cr |
About the AMC
Canara Robeco Asset Management Co. Ltd.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
20.2% | 16.7% | ||
14% | 14.4% | ||
20% | 16.3% | ||
20% | 16.3% | ||
14.1% | 11.6% |
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 14.4% 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 4/16/2024 is ₹44.54 with the total AUM as of 4/18/2024 is ₹7500.473. 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 30.3% 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)?
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 1.73% for regular plan.