Canara Robeco ELSS Tax Saver Gr

All Cap

Equity

India Tax Saver

Others

Tax Saver

Emotionally driven

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Canara Robeco Elss Tax Saver Growth invests mainly in stocks for long-term wealth growth.

What This Strategy Does

Canara Robeco ELSS Tax Saver Fund Growth is an equity fund which captures India's ₹1.5 trillion tax-saving opportunity through a diversified portfolio, deploying capital across industrials, consumer cyclicals, and financial services to achieve broad-based earnings growth.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

0.0% AnnuallyAlpha

+12.8% vs +9.5% benchmarkSince Inception

+9.8% vs +5.7% benchmark3Y Annualized

+7.3% vs +4.7% benchmark5Y Annualized

Canara Robeco ELSS Tax Saver Gr

Benchmark Index

Benchmark Performance Comparison

Canara Robeco ELSS Tax Saver Fund

NIFTY 50

Given the product’s limited performance history, the assessment considers the fund house’s track record and the historical performance of comparable strategies managed by the same fund house, which follow similar investment approaches. Such comparisons provide historical context only and do not represent the performance of the new product or indicate its future returns.

Risk Profile

Standard Deviation16.4%

Maximum Drawdown-17.7% | Oct 2024

Sharpe Ratio-0.06

Beta0.94

Upside Capture93%

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Provides tax-efficient wealth creation by investing in India's most promising growth companies across market cycles. This approach captures the long-term compounding power of India's dynamic entrepreneurial economy while offering tax benefits under Section 80C of the Income Tax Act.

Portfolio Holdings Overview

SectoralAllocation

Financial Services30.71%

Capital Goods19.5%

Energy & Infra7.13%

Technology4.9%

Services12.97%

Utilities2.86%

Consumers21.92%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

ICICI Bank LtdFinancial Services7.11%

HDFC Bank LtdFinancial Services6.13%

Reliance Industries LtdEnergy & Infra4.16%

State Bank of IndiaFinancial Services3.58%

Bharti Airtel LtdServices3.50%

Larsen & Toubro LtdCapital Goods3.34%

Infosys LtdTechnology3.13%

Bajaj Finance LtdFinancial Services3.04%

Axis Bank LtdFinancial Services2.64%

TrepsUtilities2.26%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Vishal Mishra

Lead Portfolio Manager

Mr. Vishal Mishra has experience of 23 years. Manages 30 funds at Canara Robeco Asset Management Co Ltd with an AUM of approximately ₹27,408 Cr Holds a B.Com degree.

Shridatta Bhandwaldar

Co-Portfolio Manager

Mr. Shridatta Bhandwaldar has experience of 21 years. Manages 79 funds at Canara Robeco Asset Management Co Ltd with an AUM of approximately ₹58,728 Cr Holds a MMS degree.

CW Expert Take

Canara Robeco ELSS Tax Saver Fund operates with disciplined investment processes. Their approach emphasizes consistent frameworks across market cycles, whether navigating equity opportunities or managing portfolio risk. The fund house maintains stable teams and benefits from Canara Bank's extensive branch network for grassroots research insights.

43 years

Combined Team Experience

₹ 86,136 Cr

Assets Under Management

Firm Overview

AMCCanara Robeco Asset Management Co Ltd

Investment Professionals49+

Global Offices250 Cities

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)1.52%

Regulatory & Tax Information

INF760K01100

ISIN

DailyDealing Frequency

BSE 500 India TR INRBenchmark

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)