February 21, 2024
mayank
Canara Robeco Conservative Hybrid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 97.3827
Quarterly NAV IDCW: Rs 16.2697
NAV IDCW Monthly: Rs 16.2234
Suitable For Which Investors?
“Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The fund seeks to generate to income through investment primarily in debt securities with marginal exposures in equity and money market instruments of various maturities and risk profile.
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) Avnish Jain
Education: Mr. Jain is a B.Tech from IIT Kharagpur and Post Graduate from IIM Kolkata.
Experience: Prior to joining Canara Robeco AMC he has worked with ICICI Prudential AMC, PGIM India Mutual Fund, Deutsche Asset Management, Misys Software Solutions, Yes Bank and ICICI Bank.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 2,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 2,000 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details
| Fund House | Canara Robeco Mutual Fund |
| Launch Date | 02-Jan-13 |
| Return Since Launch | 9.87% |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 1,007 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.66% |
| (As on 31-Jan-2024) | |
| Risk Grade | Below Average |
| Return Grade | Average |
| Turnover | 142.00% |
Trailing Returns (%) of Canara Robeco Conservative Hybrid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Canara Robeco Conservative Hybrid Dir | 1.69 | 0.37 | 1.48 | 4.49 | 7.15 | 12.79 | 8.61 | 10.85 | 9.51 | 10.32 |
| VR MIP TRI | 2.06 | 0.35 | 2.01 | 7.05 | 8.99 | 15.13 | 9.07 | 9.99 | 9.32 | 9.70 |
| Hybrid: Conservative Hybrid | 2.11 | 0.23 | 1.59 | 5.08 | 7.77 | 14.45 | 9.20 | 9.45 | 8.44 | 10.03 |
| Rank within category | 21 | 3 | 14 | 20 | 17 | 22 | 19 | 6 | 5 | 9 |
| Number of funds in category | 31 | 31 | 31 | 31 | 31 | 31 | 30 | 25 | 25 | 22 |
Peer Comparison of Canara Robeco Conservative Hybrid 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 Conservative Hybrid Dir | 4 star | 12.79 | 8.61 | 10.85 | 0.66 | 1,007 | 9.87 | 9.87 | 11Y 1M | 142.00 |
| SBI Conservative Hybrid Dir | 5 star | 14.83 | 10.64 | 11.54 | 0.62 | 9,482 | 10.09 | 10.09 | 11Y 1M | — |
| ICICI Pru Regular Savings Dir | 4 star | 14.58 | 9.73 | 10.63 | 0.91 | 3,381 | 10.77 | 10.77 | 11Y 1M | 21.00 |
| HDFC Hybrid Debt Dir | 4 star | 17.73 | 11.49 | 11.39 | 1.26 | 3,055 | 10.18 | 10.18 | 11Y 1M | — |
| Kotak Debt Hybrid Dir | 5 star | 19.13 | 12.10 | 13.44 | 0.50 | 2,249 | 11.22 | 11.22 | 11Y 1M | 24.23 |
Portfolio Analysis of Canara Robeco Conservative Hybrid Fund
| Number of Stocks | 42 |
| Number of Bonds | 30 |
| Average Maturity (yrs) | 4.32 |
| Top 10 Holdings | 39.26% |
| Portfolio P/B Ratio | 4.31 |
| Portfolio P/E Ratio | 28.52 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,89,873 | 2,14,908 |
| Giant (%) | 59.67 | 60.87 |
| Large (%) | 12.19 | 15.76 |
| Mid (%) | 21.86 | 19.08 |
| Small (%) | 6.27 | 10.11 |
| Tiny (%) | — | 2.60 |
| Fund | Category | |
| Number of Securities | 72 | 56 |
| Macaulay Duration (yrs) | 3.19 | 4.20 |
| Average Maturity (yrs) | 4.32 | 7.41 |
| Yield to Maturity (%) | 7.65 | 7.59 |
| Avg Credit Rating | AAA | — |
How to Invest in Canara Robeco Conservative Hybrid Fund?
Chanakya’s Mutual Fund Guidance For Canara Robeco Conservative Hybrid Fund
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