The Canara Robeco Equity Diversified - Regular Plan - Growth scheme is offered by Canara Robeco Mutual Fund. It was established as Canbank Mutual Fund by Canara Bank in 1987. In 2007, the company partnered with the Netherlands-based Robeco asset management firm. Among mutual fund companies, it is not only the second oldest, but also the fastest growing (based on AUM) in India.
The Canara Robeco Equity Diversified - Regular Plan - Growth scheme provides maximized gains by diversifying investments across the stock market. Being a regular plan, investors get the expertise of an advisor or distributor who does the groundwork and makes investments for them. The growth option offers long-term appreciation of capital with compounding interest.
Investment Objective of Canara Robeco Equity Diversified - Regular Plan - Growth
To invest in equity and related securities to generate appreciation of capital.
Key Features of Canara Robeco Equity Diversified Fund
These are the key features of the Canara Robeco Equity Diversified fund:
|
Type of fund |
Multi-cap fund - An equity scheme that is open ended and invests in small cap, mid cap, and large cap stocks. |
|
Plans available |
Regular Plan and Direct Plan |
|
Options under each plan |
Growth and Dividend options are available under both Regular and Direct plans. The Dividend option offers both Dividend Reinvestment and Dividend Payout. The default option is Growth. Under Dividend, the default option is Dividend Reinvestment. |
|
Risk |
Moderately High |
|
Systematic Investment Plan |
Available |
|
Systematic Transfer Plan |
Available |
|
Systematic Withdrawal Plan |
Available |
Investment Amount for Canara Robeco Equity Diversified - Regular Plan - Growth
|
Minimum application amount |
Rs.5,000 and subsequently Re.1 multiples |
|
Minimum additional investment |
Rs.1,000 and subsequently Re.1 multiples |
|
Minimum installment for Systematic Investment Plan (SIP) |
Monthly - Rs.1,000 and subsequently Re.1 multiples Quarterly - Rs.2,000 and subsequently Re.1 multiples |
|
Minimum installment for Systematic Withdrawal Plan (SWP) |
Monthly - Rs.1,000 and subsequently Re.1 multiples Quarterly - Rs.2,000 and subsequently Re.1 multiples |
|
Entry Load |
Nil |
|
Exit Load |
If redeemed or switched out before one year from allotment date - 1% If redeemed or switched out after one year from allotment date - Nil |
Asset Allocation for Canara Robeco Equity Diversified - Regular Plan - Growth
|
Instruments |
Indicative Allocations (Percentage of total assets) |
Risk Profile |
|
|
Minimum |
Maximum |
||
|
Equity and related instruments |
65% |
100% |
High |
|
Money market and debt instruments |
0% |
35% |
Low to medium |
|
invITs and REITs |
0% |
10% |
Medium to high |
NAV Disclosure and Benchmark for Canara Robeco Equity Diversified - Regular Plan - Growth
NAV Calculation: The fair or market value of the scheme’s investments will be added to the current assets. From this, the current provisions and liabilities will be subtracted. This value will then be divided by the number of outstanding units.
NAV Disclosure: At the end of the business day, the NAV will be disclosed. This will be released to news agencies, the Press, and the Association of Mutual Funds of India (AMFI). By 9 p.m. every day, it will also be updated on the AMC’s and AMFI’s website.
Fund liquidity: Units can be redeemed or purchased on any business day at prices based on the NAV. This is subject to CDSC/exit load provisions.
Benchmark Index: S&P BSE 200 TRI
Canara Robeco Equity Diversified - Regular Plan - Growth Fund Manager
The fund managers are Mr. Ravi Gopalakrishnan and Mr. Shridatta Bhandwaldar. Mr. Ravi Gopalakrishnan has 24 years of experience in the financial industry. Mr. Shridatta Bhandwaldar has 11 years of experience in the industry. The scheme has been managed by Mr. Ravi Gopalakrishnan since 2012. Mr. Shridatta Bhandwaldar has been managing it since 2016.
Why you should Invest in Canara Robeco Equity Diversified - Regular Plan - Growth
This scheme is ideal for those who aim for long-term appreciation of capital. Since it invests in a diverse range of stocks, there is protection from market volatility. Since both the principal and dividends are reinvested, there is compounded interest. This is also ideal for those who don’t have in-depth knowledge or time to invest in the stock market, since it will be handled by experienced fund managers.
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