SIP of Rs 10,000 since inception would have turned into Rs 1,79,47,633 in this flexi-cap fund
The fund has consistently delivered impressive returns to investors, outperforming its benchmarks and demonstrating resilience through various market cycles.
Canara Robeco Mutual Fund, one of India's most established asset management company completed 21 years of its flagship equity scheme, Canara Robeco Flexi Cap Fund. Since its inception on September 16, 2003, the fund has consistently provided investors with robust returns, investing across large, mid, and Small-Cap companies.
With an AUM of Rs 13,510.37 crore as of August 30, 2024, the fund has stood tall in various market cycles, including the 2008 financial crisis and the 2020 COVID-19 pandemic, while continuing to deliver competitive performance.
Key features of the Canara Robeco Flexi Cap Fund
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Key Features
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Details
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Diversified Portfolio
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Invests across 67 stocks, with the top 10 holdings contributing 37 per cent of net assets.
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Balanced Strategy
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Mix of large-cap stocks for liquidity and mid/small-cap stocks with high conviction.
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Market Exposure
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Provides investors exposure to different market phases, benefiting from a diversified approach.
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Long-Term Vision
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Focuses on companies with sustainable business models and competitive advantages.
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Investment Theme
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Aims to capitalize on India's long-term growth story by investing in high-quality, competitive businesses.
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Returns over two decades
The Canara Robeco Flexi Cap Fund has demonstrated its ability to outperform its benchmark and additional indices:
CAGR of 18.31 per cent since inception compared to:
- 17.23 per cent by BSE 500 TRI
- 17.58 per cent by BSE SENSEX TRI
Growth of ₹10,000 investment since inception:
- Canara Robeco Flexi Cap Fund: Rs 3,39,870
- Benchmark (BSE 500 TRI): Rs 2,82,607
Fund structure
- Equity Investments: 65 per cent to 100 per cent
- Debt & Money Market Instruments: 0 per cent to 35 per cent
Monthly SIP performance
Investing Rs 10,000 monthly since inception (total Rs 25.5 lakh) would have grown to Rs 1,79,47,633 by August 30, 2024.
Fund management and philosophy
The fund follows a bottom-up stock selection approach, focusing on fundamentally strong companies. It also employs a top-down approach to identify sectoral themes based on market opportunities. The portfolio is managed by Shridatta Bhandwaldar (Head of Equities) and Pranav Gokhale (Fund Manager), who ensure the fund remains agile and resilient through market cycles.
Shridatta Bhandwaldar, Head of Equities said "Our Flexi Cap Fund offers a growth-quality tilt portfolio, investing in a blend of cyclicals, large caps for liquidity, and mid/small caps with conviction. We aim to help investors benefit from diverse market opportunities."
Should you invest in this fund?
The Canara Robeco Flexi Cap Fund continues to serve more than 5.7 lakh investor folios across India, making it one of the most trusted schemes for investors seeking long-term capital appreciation through equity investments.
Disclaimer: The article is for informational purposes only and not investment advice.