This Flexi Cap Mutual Fund Has Performed Over The Years In SIP, Given 62.62% SIP Returns

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Investment
oi-Shubham Kumar
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Published: Thursday, March 24, 2022, 17:29 [IST]

Flexi cap funds put their money into industries and market caps that are expected to do well. If you have a moderate risk appetite, desire consistent returns, and want assets with superior risk-adjusted return dynamics, Flexi-cap funds are a good option. It’s worth mentioning that Flexi-cap funds provide investors with the benefits of both value and growth, as well as diversification. Check out the Canara Robeco Flexi Cap Fund – Direct Plan-Growth scheme’s returns, portfolio, and other details. This scheme has given good returns both in lump-sum and SIP return performance.

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Canara Robeco Flexi Cap Fund – Direct Plan-Growth

This fund was launched on September 16, 2013, by the Canara Robeco Mutual Fund. It is a Flexi Cap mutual fund scheme. It has an AUM of Rs 6,763.35 Crores and the latest NAV declared is Rs 236.28 as of 24 Mar 2022. The fund has an expense ratio of 0.57%.

This equity open-ended medium-sized fund of in its category. The expense ratio of the fund is 0.57%, which is less than its category average. Currently, the fund is managed by Mr. Shridatta Bhandwaldar. It is highly risky fund. This fund is also rated 4 stars by the rating agency CRISIL.

The fund’s returns performance is above average among its peer mutual funds. The fund’s goal is to give access to the “BEST IN CLASS” Indian firms with long-term business strategies, using a “Top Down” and “Bottom-Up” research methodology.

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Absolute and Annualised Returns

Lump-Sum Investment Returns

Since the inception of the fund, it has delivered 15.13% average annual returns, and 266.95% absolute returns. 

Investment Tenure Absolute Returns Annualised Returns
1 Year 20.88% 20.88%
2 Year 123.31% 49.43%
3 Year 72.04% 19.78%
5 Year 124.77% 17.57%
Since Inception 266.95% 15.13%

SIP Returns

SIP Tenure Absolute Returns Annualised Returns
1 Year 5.26% 9.92%
2 Year 32.18% 29.46%
3 Year 43.59% 24.98%
5 Year 62.82% 19.59%
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Portfolio

Fund has 94.73% investment in Indian stocks of which 60.88% is in large-cap stocks, 12.46% is in mid-cap stocks, 5.14% in small-cap stocks. The fund has the majority of its money invested in the Financial, Technology, Automobile, Healthcare, Energy sectors. It has taken less exposure in the Financial, Technology sectors compared to other funds in the category. The fund’s top 5 holdings are in Infosys Ltd., ICICI Bank Ltd., HDFC Bank Ltd., Reliance Industries Ltd., Bajaj Finance Ltd.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn’t guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

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Story first published: Thursday, March 24, 2022, 17:29 [IST]

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