HOW THE FUND HAS PERFORMED
WHERE THE FUND INVESTS
BASIC FACTS
- Date of Launch: 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 IT COSTS
NAV(As on 5 October 2021)
- Growth Option: Rs 229.18
- IDCW: Rs 51.5
- Minimum Investment: Rs 5,000
- Minimum SIP amount: Rs 1,000
- Expense Ratio(As on 31 August 2021) (%): 1.98
FUND MANAGER
Shridatta Bhandwaldar
Tenure: 5 Years, 2 Months
Top 5 sectors in portfolio (%)
Top 5 stocks in portfolio (%)
Recent portfolio changes
Increasing allocation: Cholamandalam Inv, ABB India, Honeywell Automation, Avenue Supermarts, Inds, Bajaj Finance, HDFC, Shree Cement, Cipla, Britannia Inds, 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, this fund now operates within the new flexi cap category to retain its earlier market cap positioning flexibility. It continues with a large-cap tilt while retaining sizeable presence in mid-caps. Bulk of its portfolio is parked in steady compounding businesses with high earnings visiblity and competitive advantages. A small portion is deployed in alpha generators in the form of turnaround bets, new listings or any emerging theme. The fund has been performing consistently over the past 4-5 years, beatings its index comfortably. With a superior downside protection ability, this fund makes for a worthy pick in its category.
