February 22, 2024
mayank
Canara Robeco Equity Hybrid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 340.1800
NAV IDCW Monthly: Rs 121.2600
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 from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to build a balanced portfolio, which would provide a combination of high annual return and capital appreciation. The scheme was made open-ended from March 2000.
Fund Manager:
1) Ennette Fernandes
Education: Ms. Fernandes is B.com & PGDBM
Experience: Prior to joining Canara Robeco Mutual Fund she has worked with Tata Asset Management Limited and Philip Capital (India) Pvt. Ltd.
2) 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).
3) 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) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| 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 | 01-Jan-13 |
| Return Since Launch | 14.94% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 9,746 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.64% |
| (As on 31-Jan-2024) | |
| Risk Grade | Below Average |
| Return Grade | Average |
| Turnover | 26.00% |
Trailing Returns (%) of Canara Robeco Equity Hybrid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Canara Robeco Equity Hybrid Dir | 1.99 | -0.49 | 1.32 | 9.03 | 13.56 | 24.45 | 14.20 | 16.70 | 14.72 | 16.76 |
| VR Balanced TRI | 1.69 | -0.56 | 2.06 | 10.65 | 12.99 | 23.02 | 13.53 | 15.21 | 13.91 | 13.72 |
| Hybrid: Aggressive Hybrid | 3.21 | -0.41 | 2.29 | 10.42 | 15.23 | 28.95 | 16.47 | 16.42 | 13.74 | 15.47 |
| Rank within category | 36 | 33 | 39 | 32 | 26 | 35 | 29 | 13 | 7 | 5 |
| Number of funds in category | 46 | 46 | 46 | 45 | 44 | 44 | 43 | 35 | 28 | 22 |
Peer Comparison of Canara Robeco Equity 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 Equity Hybrid Dir | 4 star | 24.45 | 14.20 | 16.70 | 0.64 | 9,746 | 14.94 | 1.00 (365) | 11Y 1M | 26.00 |
| ICICI Pru Equity & Debt Dir | 5 star | 36.68 | 25.15 | 22.21 | 1.03 | 31,196 | 18.13 | 1.00 (365) | 11Y 1M | 28.00 |
| HDFC Hybrid Equity Dir | 4 star | 21.73 | 15.38 | 16.19 | 1.01 | 22,474 | 15.61 | 1.00 (365) | 11Y 1M | 42.71 |
| HDFC Children’s Gift Dir | 5 star | 28.65 | 18.91 | 18.44 | 0.94 | 8,433 | 16.55 | — | 11Y 1M | 12.55 |
| UTI Aggressive Hybrid Dir | 4 star | 30.26 | 18.53 | 17.14 | 1.29 | 5,292 | 13.47 | 1.00 (365) | 11Y 1M | 29.00 |
Portfolio Analysis of Canara Robeco Equity Hybrid Fund
| No. of Stocks | 61 |
| Top 10 Holdings | 30.90% |
| Top 5 Stocks | 20.68% |
| Top 3 Sectors | 36.74% |
| Portfolio P/B Ratio | 3.76 |
| Portfolio P/E Ratio | 24.96 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,11,716 | 1,59,079 |
| Giant (%) | 57.84 | 53.80 |
| Large (%) | 20.89 | 17.14 |
| Mid (%) | 21.27 | 22.83 |
| Small (%) | — | 7.70 |
| Tiny (%) | — | 0.42 |
| Fund | Category | |
| Number of Securities | 119 | 72 |
| Macaulay Duration (yrs) | 2.61 | 3.78 |
| Average Maturity (yrs) | 3.91 | 6.04 |
| Yield to Maturity (%) | 7.44 | 7.54 |
| Avg Credit Rating | AAA | — |
How to Invest in Canara Robeco Equity Hybrid Fund?
Chanakya’s Mutual Fund Guidance For Canara Robeco Equity Hybrid Fund
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
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