We will detailed review the Canara robeco Small Cap Fund Direct Growth for long term , and whether you should invest in it for upcoming years . We will share everything based on its past performance, history, and fundamental analysis.
What is Canara robeco small cap fund direct growth ?
The Canara Robeco Emerging Equities Fund is a mutual fund designed for investors seeking opportunities in India’s emerging large and mid-cap companies. This fund aims to achieve long-term capital appreciation by building a well-diversified portfolio of equity securities from companies poised for future leadership in their respective sectors. The fund’s investment strategy is rooted in a bottom-up approach, wherein its experienced fund managers meticulously identify individual companies with robust fundamentals and growth potential. It stands apart by avoiding the pursuit of short-term gains and instead takes a patient, long-term perspective. This approach allows the fund to invest in companies believed to offer sustained growth prospects over time.
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The portfolio of the Canara Robeco Emerging Equities Fund is strategically diversified across various sectors, encompassing healthcare, technology, finance, and consumer products. This diversification serves to mitigate risk and enhance the overall performance of the fund. For investors with a long-term horizon and an appetite for investing in emerging Indian companies, the Canara Robeco Emerging Equities Fund presents an appealing option. The fund has demonstrated its ability to deliver strong performance and is managed by a team of seasoned professionals. However, it’s essential to remember that all mutual funds come with inherent risks, and investors should only allocate funds they can afford to invest for the long term.
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Canara robeco small cap fund direct growth review for long term
| Parameter | Value |
|---|---|
| Expense Ratio | 0.43% |
| Benchmark | S&P BSE Smallcap TR INR |
| AUM (Assets Under Management) | ₹7,145 Crore |
| Inception Date | 15 February 2019 |
| Minimum Lumpsum Investment | ₹5,000 |
| Minimum SIP (Systematic Investment Plan) | ₹1,000 |
| Exit Load | 1% |
| Lock-In Period | No Lock-in |
| Turnover | 2.16% |
Key Parameters:
Canara Robeco Small Cap Fund Direct Growth manages assets worth ₹7,145 Crore as of July 2023, surpassing the category average.
The fund maintains a competitive expense ratio of 0.4.
Returns:
Canara Robeco Small Cap Fund Direct Growth has delivered an impressive Compounded Annual Growth Rate (CAGR) return of 29.08% since its inception. Over the past 1 and 3 years, the fund has provided CAGR returns of 18.56% and 40.79%, respectively.
Holdings:
Canara Robeco Small Cap Fund Direct Growth strategically allocates its funds across various asset classes, with significant holdings in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Basic Materials, Health, Consumer Defensive, Tech, Real Estate, Communication, and Energy sectors. The fund’s top holdings include prominent companies such as KEI Industries Ltd, Equitas Small Finance Bank Ltd Ordinary Shares, Cera Sanitaryware Ltd, Bharat Electronics Ltd, and KEC International Ltd.
Taxation:
Given its classification as a small-cap mutual fund, taxation for Canara Robeco Small Cap Fund Direct Growth is structured as follows:
- Short-term capital gains (less than a year) are subject to a 15% tax rate.
- Long-term capital gains (holding period of more than 1 year) incur a 10% tax without the benefit of indexation.
- Dividend income is taxed at applicable slab rates, with gains up to Rs 1 lakh being exempt for long-term investments.
Investment Objective of Canara Robeco Small Cap Fund Direct Growth:
The primary investment objective of this scheme is to generate capital appreciation by predominantly investing in Small Cap stocks. However, it’s important to note that there can be no guarantee that the scheme will achieve its investment objective.
Minimum Investment and Lock-in Period:
The minimum investment amount for lump-sum payments is INR 5,000.00, and for Systematic Investment Plans (SIPs), it is INR 1,000.00. Notably, Canara Robeco Small Cap Fund Direct Growth does not impose a lock-in period, providing investors with flexibility in managing their investments.
Canara robeco small cap fund direct growth overview
| Parameter | Value |
|---|---|
| Minimum SIP (Systematic Investment Plan) | ₹1,000 |
| Minimum Lumpsum Investment | ₹5,000 |
| Expense Ratio | 0.43% |
| Rating | ★★★★ |
| Fund Size (in Crore) | ₹7,145 |
| Fund Age (Years) | 5 Years |
Q: How much returns has Canara Robeco Small Cap Fund – Direct Growth generated?
A: The Canara Robeco Small Cap Fund – Direct Growth has delivered an impressive return of 29.1% since its inception.
Q: What is the expense ratio of Canara Robeco Small Cap Fund – Direct Growth?
A: The expense ratio of Canara Robeco Small Cap Fund – Direct Growth is 0.43% as of 08 September 2023.
Q: What is the NAV of Canara Robeco Small Cap Fund – Direct Growth?
A: The Net Asset Value (NAV) of Canara Robeco Small Cap Fund – Direct Growth is ₹32.2 as of September 2023.
Q: What is the minimum SIP amount of Canara Robeco Small Cap Fund – Direct Growth?
A: The minimum Systematic Investment Plan (SIP) amount for Canara Robeco Small Cap Fund – Direct Growth is ₹1,000.
Q: Is there any lock-in period for Canara Robeco Small Cap Fund – Direct Growth?
A: No, there is no lock-in period for Canara Robeco Small Cap Fund – Direct Growth, providing investors with flexibility.
Q: Can I make investments in both the SIP and Lump Sum schemes of Canara Robeco Small Cap Fund – Direct Growth?
A: Yes, you can choose to invest in both SIP and Lumpsum schemes of Canara Robeco Small Cap Fund – Direct Growth based on your investment objectives and risk tolerance.
Q: What are the top sectors Canara Robeco Small Cap Fund – Direct Growth has invested in?
A: The top sectors that Canara Robeco Small Cap Fund – Direct Growth has invested in include:
Industrial Products: 8.26%
Banks: 7.94%
Consumer Durables: 6.94%
Finance: 6.47%
Capital Markets: 6.44%