February 21, 2024
mayank
Canara Robeco Bluechip Equity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 60.2100
NAV IDCW: Rs 48.5300
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The fund seeks to provide capital appreciation by predominantly investing in companies having a large market capitalization. Canara Robeco Large cap+ fund is named to reflect the investment strategy, which is mainly focused on a portfolio that would be concentrated on investing in any of the top 150 stocks ranked on the basis of market capitalization.
Fund Manager:
1) Shridatta Bhandwaldar
Education: Mr. Bhandwaldar is a BE (Mechanical) and MMS (Finance).
Experience: Prior to joining Canara Robeco Mutual Fund he was associated with SBI Pension Funds Pvt. Ltd. (Jul 2012-Jun 2016) as Head-Research, Heritage India Advisory Pvt. Ltd. (Oct 2009-Jun 2012) as Senior Equity Analyst, Motilal Oswal Securities (Jan 2008-Sep 2009) and MF Global Securities (Apr 2006-Dec 2008).
2) Vishal Mishra
Education: Mr. Mishra is a B. Com, A.C.A.
Experience: Presently he is associated with Canara Robeco Mutual Fund. His previous assignment was with Daiwa Asset Mgt (India) Pvt. Ltd, Collins Stewart India Pvt. Ltd. as Asst. Vice President Research. He was also been associated with IL&FS Investment Ltd, Crisil Ltd and Quantum Information Services Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 365 days |
Basic Details
| Fund House | Canara Robeco Mutual Fund |
| Launch Date | 02-Jan-13 |
| Return Since Launch | 15.49% |
| Benchmark | S&P BSE 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 11,823 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.51% |
| (As on 31-Jan-2024) | |
| Risk Grade | Low |
| Return Grade | Above Average |
| Turnover | 20.00% |
Trailing Returns (%) of Canara Robeco Bluechip Equity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Canara Robeco Bluechip Eqt Dir | 3.52 | 0.40 | 2.84 | 13.50 | 17.39 | 28.71 | 15.57 | 19.92 | 17.13 | 17.36 |
| S&P BSE 100 TRI | 3.40 | 0.32 | 3.55 | 14.29 | 17.81 | 29.67 | 16.69 | 17.80 | 15.62 | 15.85 |
| Equity: Large Cap | 5.32 | 0.21 | 4.37 | 17.01 | 22.66 | 37.02 | 17.00 | 17.68 | 14.94 | 15.77 |
| Rank within category | 60 | 19 | 64 | 62 | 60 | 59 | 33 | 6 | 2 | 9 |
| Number of funds in category | 98 | 101 | 98 | 98 | 96 | 93 | 61 | 50 | 43 | 43 |
Peer Comparison of Canara Robeco Bluechip Equity Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Canara Robeco Bluechip Eqt Dir | 4 star | 28.71 | 15.57 | 19.92 | 0.51 | 11,823 | 15.49 | 1.00 (365) | 11Y 1M | 20.00 |
| ICICI Pru Bluechip Dir | 5 star | 37.16 | 20.46 | 19.98 | 0.92 | 49,838 | 16.54 | 1.00 (365) | 11Y 1M | 23.00 |
| SBI Bluechip Dir | 4 star | 23.30 | 14.48 | 17.78 | 0.86 | 43,273 | 15.70 | 1.00 (365) | 11Y 1M | 20.00 |
| Mirae Asset Large Cap Dir | 4 star | 23.14 | 14.12 | 16.60 | 0.54 | 37,904 | 16.87 | 1.00 (365) | 11Y 1M | 23.00 |
| HDFC Top 100 Dir | 4 star | 36.12 | 20.18 | 18.26 | 1.08 | 30,980 | 15.02 | 1.00 (365) | 11Y 1M | 18.00 |
Portfolio Analysis of Canara Robeco Bluechip Equity Fund
| No. of Stocks | 51 |
| Top 10 Stocks | 48.91% |
| Top 5 Stocks | 32.76% |
| Top 3 Sectors | 49.65% |
| Portfolio P/B Ratio | 4.20 |
| Portfolio P/E Ratio | 26.30 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,86,023 | 3,33,874 |
| Giant (%) | 80.97 | 68.10 |
| Large (%) | 15.02 | 27.32 |
| Mid (%) | 4.02 | 5.20 |
| Small (%) | — | 1.93 |
| Tiny (%) | — | — |
How to Invest in Canara Robeco Bluechip Equity Fund?
Chanakya’s Mutual Fund Guidance For Canara Robeco Bluechip Equity Fund
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.canararobeco.com/product/productlist
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks