- Mutual Funds
- Canara Robeco Mutual Funds
- Canara Robeco Equity Taxsaver fund (RIDCW-6M)
Formerly Canara Robeco Equity Taxsaver Reg DR
Canara Robeco Equity Taxsaver fund (RIDCW-6M)
₹ 40.43
NAV (Sep 22)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 40.43
NAV (Sep 22)
Fund Returns
Last 1Y | 10% |
Last 3Y | 20.5% |
Last 5Y | 14.4% |
Last 10Y | 15.5% |
Since Inception | 14.1% |
6 Month CAGR | 16.4% |
Scheme Information
ELSS seeking to provide long term capital appreciation by predominantly investing in equities 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 | 1.75 |
Launched (30y ago) | Mar 31, 1993 |
AUM in Crores | 5981.032 |
ISIN | INF760K01092 |
Lock-in | 3 |
Benchmark | S&P BSE 500 India TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 14.6 |
Standard Deviation (5yr) | 19.9 |
Beta (3yr) | 0.9 |
Beta (5yr) | 0.93 |
Sharpe Ratio (3yr) | 1.053 |
Sharpe Ratio (5yr) | 0.44 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Canara Robeco Equity Taxsaver fund (RIDCW-6M) | 10,47,861 | 3,15,249 | 14.4% | |
| 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
9.2%icici bank ltd
6.5%infosys ltd
5.5%reliance industries ltd
4%treps
3.5%Allocation by Sector
financial services
32.5%consumer cyclical
13%technology
10.8%industrials
10.7%basic materials
7.6%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 11,197 cr | ||
₹ 11,862 cr | ||
₹ 17,630 cr | ||
₹ 10,089 cr | ||
₹ 9,392 cr |
About the AMC
Canara Robeco Asset Management Co. Ltd.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
19.7% | 12.4% | ||
16.2% | 11.4% | ||
16.2% | 11.4% | ||
22.2% | 19.2% | ||
24.7% | 16% |
Canara Robeco Equity Taxsaver fund (RIDCW-6M) Review
Canara Robeco Equity Taxsaver fund (RIDCW-6M) is a Tax Saving Equity fund and has delivered an annualised return of 14.1% over a period of 30 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.
Nav of Canara Robeco Equity Taxsaver fund (RIDCW-6M) as of 9/22/2023 is ₹40.43 with the total AUM as of 9/24/2023 is ₹5981.032. With Scripbox you can compare and check the latest nav for all mutual funds in India. Canara Robeco Equity Taxsaver fund (RIDCW-6M) was launched on Mar 31, 1993. The category risk of the fund is Very High Risk.
The minimum SIP amount for Canara Robeco Equity Taxsaver fund (RIDCW-6M) is ₹0 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 Equity Taxsaver fund (RIDCW-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 Equity Taxsaver fund (RIDCW-6M) is rated as a 4 fund in Equity and delivered 10% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Canara Robeco Equity Taxsaver fund (RIDCW-6M).
Frequently Asked Questions
What is Canara Robeco Equity Taxsaver fund (RIDCW-6M)?
How to invest in Canara Robeco Equity Taxsaver fund (RIDCW-6M)?
You can invest in Canara Robeco Equity Taxsaver fund (RIDCW-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 Equity Taxsaver fund (RIDCW-6M)?
The minimum sip amount for Canara Robeco Equity Taxsaver fund (RIDCW-6M) is ₹0. You can invest in multiples of ₹500.
Is Canara Robeco Equity Taxsaver fund (RIDCW-6M) good to invest in?
As per Scripbox experts, Canara Robeco Equity Taxsaver fund (RIDCW-6M) is a Top Ranked fund. You can investCanara Robeco Equity Taxsaver fund (RIDCW-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 Equity Taxsaver fund (RIDCW-6M)?
The expense ratio of the Canara Robeco Equity Taxsaver fund (RIDCW-6M) is 1.75% for regular plan.