How has the fund performed?
where the fund invests
basic facts
- Launch date: 16 September 2003
- Category: Equity
- Type: Flexi Cap
- AUM (as on 31 August 2021): Rs 5,730 crore
- Benchmark: S&P BSE 500 Total Return Index
What is the rate
NAV (as on 5 October 2021)
- Growth Option: Rs 229.18
- IDCW: Rs 51.5
- Minimum investment: Rs 5,000
- the minimum SIP amount: Rs 1,000
- Expenditure Ratio (as on 31st August 2021) (%): 1.98
fund manager
Shridutt Bhandawaldar
Tenure: 5 years, 2 months
Top 5 Sectors in Portfolio (%)
Top 5 Stocks in Portfolio (%)
Recent portfolio changes
- Increase allocation: Cholamandalam Inv, ABB India, Honeywell Automation, Avenue Supermarts, Indus, Bajaj Finance, HDFC, Shree Cement, Cipla, Britannia Indus, SBI, HDFC Life, Bata India, HDFC Bank, Hindalco Inds, Sun Pharma, ICICI Bank, Ipca Labs, TCI Express, TCS, Tata Steel, Max Financial Serv, Bharat Forge, L&T, Voltas, Max Healthcare, HCL Tech, HUL
How risky is it?
Source: Value Research
should you buy
Earlier known as Canara Robeco Equity Diversified, the fund now operates within the new flexi cap category to maintain its earlier market cap positioning flexibility. It continues with a large-cap inclination while maintaining a large presence in the mid-caps. The majority of its portfolio is engaged in stable compounding businesses with high income visibility and competitive advantages. A small portion is deployed in the alpha generator as turnaround bets, new listings or any emerging themes. The fund has been consistently performing well for the last 4-5 years and is comfortably outperforming its index. With superior downside protection potential, this makes the fund a worthy pick in its category.