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    • Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M)

    Formerly Canara Robeco Equity Taxsaver Reg DR

    Canara Robeco Mutual Funds

    Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M)

    EquityTax Saving

    Top Ranked

    38.43

    NAV (Sep 21)

    17.3%
    5 Year CAGR
    Scripbox Opinion

    Top Ranked

    Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M) 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).

    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 ->

    Track Record

    28 Years. The Fund has Sufficient history for analysis and the track record is good.

    Relative Size

    2,680 Cr. Large within the category

    Category View

    Superior. The category has a superior investment outlook

    Consistency Of Performance

    Good. The historical performance of the fund has been good

    Invest in this fund
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    Tax Saver Plan

    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.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax

    No single fund can achieve what a plan can. Learn why

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    Historical NAV

    38.43

    NAV (Sep 21)

    Fund Returns

    Last 1Y
    55.6%
    Last 3Y
    20.5%
    Last 5Y
    17.3%
    Last 10Y
    15.7%
    Since Inception
    14.7%
    6 Month CAGR
    22.7%
    info-icon-blue

    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.

    Low

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

    risk-indicator-arrow.svg

    Very High Risk

    Expense Ratio
    2.08
    Launched (28y ago)
    Mar 31, 1993
    AUM in Crores
    2679.657
    ISIN
    INF760K01092
    Lock-in
    3
    Benchmark
    S&P BSE 100 India TR INR
    SIP Minimum
    0
    Lumpsum Min.
    500
    Fund Managers
    user-avatar

    Shridatta Bhandwaldar

    Fund Manager

    user-avatar

    Vishal Mishra

    Fund Manager

    calculator

    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.

    build-long-item-wealth-img

    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.

    • Inflation beating returns
      Inflation beating returns
    • Save Tax
      Save Tax
    • One click investing  tracking
      One click investing tracking
    comparison

    Comparison with Equity Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    SBI Focused Equity Fund (G)

    recommended-badge

    ₹ 19,429 cr

    5

    recommended-badge

    ₹ 5,308 cr

    5

    recommended-badge

    ₹ 4,853 cr

    5

    recommended-badge

    ₹ 3,705 cr

    5

    recommended-badge

    ₹ 3,232 cr

    5

    amc-icon

    About the AMC

    Canara Robeco Asset Management Co. Ltd.

    Canara Robeco Asset Management Co. Ltd. manages assets worth 42,611 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

  • tel-amc-about
    022-66585000
  • mail-amc-about
    crmf@canararobeco.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    23.1%

    21.4%

    top-ranked-badge

    20.5%

    14.7%

    top-ranked-badge

    20.5%

    14.7%

    top-ranked-badge

    4.8%

    7.2%

    top-ranked-badge

    20.9%

    18.3%

    growth

    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.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    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?
    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.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund 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

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M)

    About Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M)

    Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M) is a Tax Saving Equity fund and has delivered an annualised return of 14.7% over a period of 28 years. The fund was previously known as Canara Robeco Equity Taxsaver Reg DR . The fund is managed by Canara Robeco Asset Management Co. Ltd.. The fund managers are Shridatta Bhandwaldar, Vishal Mishra

    Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M) 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.

    Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M) NAV,AUM,Risk

    The Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M) fund was launched on Mar 31, 1993. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-09-21 is ₹38.43. The total AUM (Asset Under Management) of the fund as of 22/09/2021 is ₹2679.657. The category risk of the Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M) fund is Very High Risk. The fund charges 2.08 % as expense ratio.

    Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M) Holdings

    The fund’s highest allocation is towards Equity and has invested 96.8% in this asset class. The top three holdings of the fund are , infosys ltd , hdfc bank ltd , icici bank ltd , larsen & toubro ltd , tata consultancy services ltd , treps , bajaj finance ltd , housing development finance corp ltd , state bank of india , axis bank ltd , hindustan unilever ltd , divi's laboratories ltd , jubilant foodworks ltd , reliance industries ltd , minda industries ltd , tata consumer products ltd , persistent systems ltd , kotak mahindra bank ltd , max healthcare institute ltd ordinary shares , cholamandalam investment and finance co ltd , asian paints ltd , havells india ltd , honeywell automation india ltd , avenue supermarts ltd , abb india ltd , cipla ltd , gland pharma ltd , pi industries ltd , titan co ltd , tata steel ltd , mphasis ltd , polycab india ltd , hindalco industries ltd , sbi cards and payment services ltd ordinary shares , siemens ltd , indraprastha gas ltd , ashok leyland ltd , dalmia bharat ltd , gujarat gas ltd , motherson sumi systems ltd , wabco india ltd , max financial services ltd , ultratech cement ltd , pvr ltd , crompton greaves consumer electricals ltd , tci express ltd , bata india ltd , voltas ltd , jk cement ltd , zomato ltd , tvs motor co ltd , dr reddy's laboratories ltd , navin fluorine international ltd , godrej consumer products ltd , sbi life insurance company limited , balkrishna industries ltd , dixon technologies (india) ltd , net current assets , abbott india ltd , tata motors ltd , info edge (india) ltd

    Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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 of Income Dist cum Cap Wdrl fund (RIDCW-6M) 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 of Income Dist cum Cap Wdrl fund (RIDCW-6M) Review

    Canara Robeco Equity Taxsaver of Income Dist cum Cap Wdrl fund (RIDCW-6M) 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 of Income Dist cum Cap Wdrl fund (RIDCW-6M) has a score of 4 out of 5 Scipbox has rated this fund 5 out of 5 based on consistency of performance over various years / tenures.

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