3 Year return
15.37%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹9255.52 Cr.
Expense Ratio
0.51% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Canara Robeco Mutual Fund Managers
VM
Vishal Mishra
Fund Manager since Apr 2022
Fund House Details
Canara Robeco Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
SBI Long Term Equity Fund |
24.88% |
5 |
Quant ELSS Tax Saver Fund |
23.01% |
3.5 |
Bank of India ELSS Tax Saver |
19.99% |
3 |
Schemes by Canara Robeco Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Canara Robeco Balanced Advantage Fund Direct Plan Growth
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Canara Robeco Balanced Advantage Fund Direct Plan IDCW Payout
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Canara Robeco Balanced Advantage Fund Direct Plan IDCW Reinvestment
Debt . Banking and PSU Fund
Canara Robeco Banking and PSU Debt Fund Direct Plan Growth
Debt . Banking and PSU Fund
Canara Robeco Banking and PSU Debt Fund Direct Plan IDCW Payout Payout
About Canara Robeco Equity Tax Saver Fund Direct Plan Growth
Canara Robeco Equity Tax Saver Fund Direct Plan Growth is an equity fund investment scheme from Canara Robeco Mutual Fund. It is an open-ended equity fund, meaning investors can buy or sell the units of the scheme at any time. This fund falls into the category of tax saver funds and offers tax savings under Section 80C. Investing in the Canara Robeco Equity Tax Saver Fund has a lock-in period of 3 years.
Investment Objective of the Scheme
The investment goal of the scheme is to generate capital gains from long-term investments in equity and equity related securities. It invests in a high-quality blend of stocks from large-cap, mid-cap, and small-cap companies.
Key Features of The Fund
5-year return | 22.28% |
Expense Ratio | 0.51% |
Fund Manager | Vishal Mishra |
Fund Size | ₹9255.52 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
If you are looking for investment options that will allow you to gain from equity investments while providing tax benefits, the Canara Robeco Equity Tax Saver Fund could be a good option for investors with similar investment periods and risk appetites. Investors looking to enjoy tax benefits can also consider this fund. However, before proceeding with an investment scheme, you must evaluate your individual financial goals and risk appetite. Taking these factors into account will help you make informed decisions.
AMC Contact Details
Name | Canara Robeco Mutual Fund |
Launch Date | December 1987 |
Addresss | 4th Floor - Construction House, 5 - Walchand Hirachand Marg, Mumbai 400001 |
Contact | 1800-209-2726 |
crmf@canararobeco.com | |
Website | https://www.canararobeco.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Plan Your Investments Efficiently
FAQs
What is today's NAV of Canara Robeco ELSS Tax Saver?
What is the AUM of Canara Robeco ELSS Tax Saver?
What is the expense ratio of Canara Robeco ELSS Tax Saver?
What are the returns of Canara Robeco ELSS Tax Saver since inception?
What is the minimum SIP amount to invest in Canara Robeco ELSS Tax Saver?
How do I invest in Canara Robeco ELSS Tax Saver?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Canara Robeco ELSS Tax Saver?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Canara Robeco ELSS Tax Saver?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Canara Robeco ELSS Tax Saver?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.