Thursday 28 June 2018

Top Performers of Canara Robeco Mutual Fund


Canara Robeco Mutual Fund has launched a number of schemes in mutual fund investment market for its investors under various categories. It has earned the trust of a huge number of investors by maintaining the risk factor of schemes and helping investors reach their income goals. These are the reasons that its schemes have secured the place in the top performers' list. Below we are going to discuss such top performing schemes in which you can invest through MySIPonline.

Canara Robeco Emerging Equities Fund - It is an open-ended scheme which was launched by Canara Robeco Mutual Fund on March 11th, 2005 that invests in equity and equity related instruments of both mid-cap and large-cap companies. This scheme is apt for those investors who are looking forward to investing in a scheme that leads to long-term capital appreciation and can digest moderately high risk. An investor can buy its units at Rs. 92.1 per unit as on June 26th, 2018. The assets managed under this scheme by its asset management company were recorded to be Rs. 3,530 crores as on May 31st, 2018. The minimum investment amount with which an investor may start investing in this scheme is Rs. 5000 in lump sum and Rs. 1000 and Rs. 3000, if an investor wishes to invest through monthly and quarterly SIP. This fund is managed by Mr. Ravi Gopalakrishnan and Mr. Miyush Gandhi.

Canara Robeco Equity Diversified Fund - This scheme was launched on September 16th, 2003 by Canara Mutual Fund which is an open-ended scheme that invests across equities. An investor may invest in this scheme with a minimum investment amount of Rs. 5000 in lumpsum and Rs. 1000 and Rs. 2000 as monthly and quarterly SIP. There is no entry load that an investor needs to incur. However, if an investor redeems within one year of investment, then he liable to pay 1% as exit load. Investors who can bear moderately high risk on their principal investment amount and wishes to earn long-term capital appreciation through investment in multi-cap equity scheme may invest in this scheme. This fund is managed by Mr. Ravi Gopalakrishnan and Mr. Shridatta Bhanwaldar since September 2012 and July 2016, respectively. Its net asset value as on June 26th, 2018 was Rs. 125.01 and the assets under this scheme were Rs. 859 crores as on May 31st, 2018.

Canara Robeco Bluechip Equity Fund - This Canara Robeco Mutual Fund scheme has been rated four stars by Value Research. It was launched on August 21st, 2010 with an investment objective to generate capital appreciation by investing predominantly in companies with large market capitalization. This fund is managed by Mr. Ravi Gopalakrishnan and Mr. Shridatta Bhandwaldar since September 2012 and July 2016, respectively. Its percentage allocation of assets in equity is 95.94% and in debt is 4.79%. The top five companies in which it has invested majorly are HDFC Bank (Financial), Reliance Industries (Energy), Maruti Suzuki India (Automobile), Larsen & Toubro (Construction), and Kotak Mahindra Bank (Financial).

To compare these schemes with other such schemes by different AMCs, log on to MySIPonline, an online platform for users to invest. You may also use the free financial advisory services provided there. 

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