February 22, 2024
mayank
Canara Robeco Flexi Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 313.3500
NAV IDCW: Rs 82.1300
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.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme aims to generate capital appreciation by investing in equity and equity related securities. The scheme would follow bottom-up investment style by identifying companies with strong competitive position in good business and having quality management. Being an open-ended scheme, some portion of the portfolio may be invested in money market instruments so as to meet the normal repurchase requirements.
Fund Manager:
1) Pranav Gokhale
Education: Mr. Gokhale is a Chartered Accountant & holds M.Com degree.
Experience: Prior to joining Canara Robeco Mutual Fund, he has worked with Invesco Mutual Fund, IL&FS, ICICI Direct, Rosy Blue Securities Pvt. Ltd., and International Ship Repair LLC Fujairiah.
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).
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 | 15.26% |
| Benchmark | S&P BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 11,609 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.57% |
| (As on 31-Jan-2024) | |
| Risk Grade | Below Average |
| Return Grade | Average |
| Turnover | 31.00% |
Trailing Returns (%) of Canara Robeco Flexi Cap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Canara Robeco Flexi Cap Dir | 2.70 | -0.46 | 1.96 | 11.77 | 16.46 | 29.08 | 16.71 | 19.27 | 17.23 | 17.14 |
| S&P BSE 500 TRI | 3.73 | -0.70 | 2.81 | 14.34 | 19.52 | 35.92 | 18.68 | 19.18 | 16.13 | 16.91 |
| Equity: Flexi Cap | 3.67 | -0.57 | 2.65 | 12.91 | 19.04 | 35.58 | 18.24 | 18.76 | 15.55 | 17.59 |
| Rank within category | 49 | 23 | 54 | 48 | 48 | 60 | 35 | 16 | 8 | 15 |
| Number of funds in category | 79 | 80 | 79 | 79 | 76 | 70 | 56 | 42 | 35 | 29 |
Peer Comparison of Canara Robeco Flexi Cap 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 Flexi Cap Dir | 3 star | 29.08 | 16.71 | 19.27 | 0.57 | 11,609 | 15.26 | 1.00 (365) | 11Y 1M | 31.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 41.56 | 23.13 | 24.60 | 0.58 | 55,034 | 20.54 | 2.00 (365) | 10Y 8M | 4.30 |
| HDFC Flexi Cap Dir | 4 star | 40.44 | 25.41 | 21.85 | 0.83 | 47,642 | 17.08 | 1.00 (365) | 11Y 1M | 33.23 |
| Franklin India Flexi Cap Dir | 4 star | 42.14 | 21.95 | 20.92 | 1.04 | 14,165 | 17.48 | 1.00 (365) | 11Y 1M | 17.90 |
| Franklin India Focused Equity Dir | 4 star | 33.46 | 20.34 | 20.92 | 1.01 | 10,643 | 19.06 | 1.00 (365) | 11Y 1M | 26.94 |
Portfolio Analysis of Canara Robeco Flexi Cap Fund
| No. of Stocks | 65 |
| Top 10 Stocks | 38.83% |
| Top 5 Stocks | 25.54% |
| Top 3 Sectors | 45.96% |
| Portfolio P/B Ratio | 4.43 |
| Portfolio P/E Ratio | 27.82 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,32,354 | 1,56,975 |
| Giant (%) | 65.52 | 50.94 |
| Large (%) | 15.73 | 20.13 |
| Mid (%) | 17.54 | 22.89 |
| Small (%) | 1.20 | 6.60 |
| Tiny (%) | — | — |
How to Invest in Canara Robeco Flexi Cap Fund?
Chanakya’s Mutual Fund Guidance For Canara Robeco Flexi Cap Fund
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.canararobeco.com/product/productlist
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