Canara Robeco Bluechip Equity Fund review: Superior on downside protection
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of Canara Robeco Bluechip Equity Fund, its portfolio and performance to help you make an informed investment decision.
By ET Bureau |
Getty Images
Canara Robeco Bluechip Equity Fund review
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of Canara Robeco Bluechip Equity Fund, its portfolio and performance to help you make an informed investment decision.
BASIC FACTS
DATE OF LAUNCH 20 AUGUST 2010 CATEGORY
EQUITY TYPE LARGE CAP AUM* Rs.14,799 crore BENCHMARK BSE 100 TOTAL RETURN INDEX
WHAT IT COSTS NAV** GROWTH OPTION Rs.59.79 IDCW Rs.29.05 MINIMUM INVESTMENT
ADVERTISEMENT
Rs.5,000 MINIMUM SIP AMOUNT Rs.100
ADVERTISEMENT
EXPENSE RATIO# (%) 1.67
EXIT LOAD 1% for redemption within 365 days
*AS ON 31 DEC 2024 **AS ON 4 FEB 2025 #AS ON 31 DEC 2024
FUND MANAGER SHRIDATTA BHANDWALDAR 8 YEARS, 6 MONTHS
This large-cap fund places strong emphasis on downside protection. Its portfolio targets two sets of businesses—steady compounders and alpha generators. The tilt is towards proven, quality businesses that provide resilience during market declines. This is supplemented with companies that are ripe for earnings turnaround and valuation re-rating. The fund manager remains index conscious but portfolio construction is fairly index agnostic. After consistent outperformance between 2018-2020, the fund performance slipped in recent years amid a market shift towards value stocks. It has put an improved show since last year, and retains its superior downside performance.
