Canara Robeco Equity Hybrid Fund

The Canara Robeco Equity Hybrid Fund — Direct Plan Growth, offered by Canara Robeco Mutual Fund, falls under the category of equity-oriented hybrid funds. This means that the fund invests predominantly in equity and equity-related assets, but also has a portion of its portfolio set aside for other investments. More specifically, the Canara Robeco Equity Hybrid Fund Direct Plan Growth allocates 65% to 80% of its assets to high-risk equity investments, 20% to 25% to debt and money market instruments, and up to 10% to high-risk REITs and InvITs. It uses the CRISIL Hybrid 35+65 - Aggressive Index as its benchmark, and the S&P BSE Sensex TRI as its additional benchmark. Like both these indices, the Canara Robeco Equity Hybrid Fund also carries extremely high risk.

The Canara Robeco Equity Hybrid Fund — Direct Plan Growth aims to create a portfolio diversified predominantly across the equity segment, with limited exposure to fixed-income securities. This, in turn, is crucial to the fund’s objective of generating long-term capital gains throughout different market cycles.

The Canara Robeco Equity Hybrid Fund Direct Plan Growth could be an ideal addition to your portfolio if you have a high-risk appetite and are willing to increase exposure to the equity market in return for potential long-term capital appreciation and income benefits. The fund offers both lump sum and SIP investment options, so it could be a good choice whether you have a large sum ready to invest or you want to invest a small portfolio of your income regularly.

Compounding in SIP can make it difficult to estimate the expected returns in a mutual fund. The process of guessing can be replaced with estimating as Angel One's free SIP calculator gives you the approximate amount to be expected. The SIP calculator online takes into consideration the principle of compounding and gives your return amount depending on variables such as years, SIP amount as well as the expected rate of return.