Canara Robeco Equity Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 26
BMSMONEY Rating
Gro. Opt. As On: 19-06-2024
NAV ₹165.72(R) -0.53% ₹182.92(D) -0.53%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 33.16% 17.23% 20.0% 17.22% 15.74%
LumpSum (D) 34.72% 18.72% 21.43% 18.5% 16.82%
SIP (R) 21.14% 20.5% 22.52% 19.54% 17.42%
SIP (D) 22.66% 21.96% 24.04% 20.91% 18.62%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.66 0.36 0.72 0.48% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.5% -12.02% -12.9% 0.92 8.41%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
Franklin India Taxshield 6
Parag Parikh Tax Saver Fund 7
ITI Long Term Equity Fund 8

NAV Date: 19-06-2024

Scheme Name NAV Rupee Change Percent Change
CANARA ROBECO EQUITY TAX SAVER FUND - REGULAR PLAN -IDCW (Payout) 49.06
-0.2700
-0.5500%
CANARA ROBECO EQUITY TAX SAVER FUND - DIRECT PLAN - IDCW (Payout) 78.49
-0.4200
-0.5300%
CANARA ROBECO EQUITY TAX SAVER FUND - REGULAR PLAN - GROWTH OPTION 165.72
-0.8900
-0.5300%
CANARA ROBECO EQUITY TAX SAVER FUND - DIRECT PLAN - GROWTH OPTION 182.92
-0.9700
-0.5300%

Review Date: 19-06-2024

Canara Robeco Equity Tax Saver Fund has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 27 out of 35 funds in the category. The reason for current ranking are average return performance, moderate risk, and average risk adjusted return performance.
Our ranking method uses a composite performance score to rank funds in a category. The score incorporates the fund's return, risk, and risk adjusted performance of the last three years.

Key Points:

  1. An investment of ₹10,000 in Canara Robeco Equity Tax Saver Fund direct growth option would have grown to ₹13472.0 in 1 year, ₹16734.0 in 3 years and ₹26403.0 in 5 years as of today (19-06-2024).
  2. An SIP of ₹1,000 per month in Canara Robeco Equity Tax Saver Fund direct growth option would have grown to ₹13427.0 in 1 year, ₹49618.0 in 3 years and ₹108858.0 in 5 years as of today (19-06-2024).
  3. standard deviation of 12.43 and based on VaR one can expect to lose more than -12.02% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.79 which shows average performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.92, Beta of 0.92 and Jensen's Alpha of 0.62% which exhibit average performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
3M Return % 12.05
13.27
7.60 | 21.26 23 | 35 Average
6M Return % 17.32
20.27
12.58 | 31.26 24 | 35 Average
1Y Return % 33.16
39.51
23.55 | 58.99 24 | 35 Average
3Y Return % 17.23
19.59
11.15 | 28.00 27 | 33 Average
5Y Return % 20.00
19.11
13.04 | 33.51 10 | 31 Good
7Y Return % 17.22
15.20
11.12 | 24.49 6 | 29 Very Good
10Y Return % 15.74
15.65
12.98 | 24.94 10 | 22 Good
15Y Return % 16.46
15.43
12.78 | 17.57 7 | 19 Good
1Y SIP Return % 21.14
26.37
12.13 | 48.39 24 | 35 Average
3Y SIP Return % 20.50
24.19
16.39 | 36.21 26 | 33 Average
5Y SIP Return % 22.52
23.81
16.53 | 37.68 17 | 31 Average
7Y SIP Return % 19.54
19.28
13.03 | 30.80 12 | 29 Good
10Y SIP Return % 17.42
16.95
12.53 | 26.35 8 | 22 Good
15Y SIP Return % 16.28
16.01
13.45 | 21.48 10 | 20 Good
Standard Deviation 12.43
12.71
9.99 | 16.36 14 | 33 Good
Semi Deviation 8.52
9.01
7.16 | 11.67 11 | 33 Good
Max Drawdown % -12.90
-12.33
-22.81 | -6.28 24 | 33 Average
VaR 1 Y % -12.02
-14.08
-20.17 | -11.38 5 | 33 Very Good
Average Drawdown % -4.86
-5.57
-11.96 | -2.58 9 | 33 Very Good
Sharpe Ratio 0.79
0.95
0.28 | 1.59 26 | 33 Average
Sterling Ratio 0.78
0.93
0.36 | 1.67 26 | 33 Average
Sortino Ratio 0.43
0.51
0.17 | 0.91 24 | 33 Average
Jensen Alpha % 0.62
2.63
-8.40 | 13.97 24 | 33 Average
Treynor Ratio 0.11
0.14
0.04 | 0.23 28 | 33 Poor
Modigliani Square Measure % 18.41
20.91
10.22 | 30.40 27 | 33 Average
Alpha % -0.74
0.58
-7.65 | 12.32 19 | 33 Average
Return data last Updated On : June 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
3M Return % 12.37 13.58 7.89 | 21.61 23 | 35
6M Return % 18.00 20.92 12.90 | 31.71 23 | 35
1Y Return % 34.72 41.02 25.41 | 60.66 24 | 35
3Y Return % 18.72 20.95 12.04 | 29.01 25 | 33
5Y Return % 21.43 20.44 14.01 | 35.74 10 | 31
7Y Return % 18.50 16.43 11.94 | 26.13 5 | 29
10Y Return % 16.82 16.63 13.83 | 26.21 10 | 23
1Y SIP Return % 22.66 27.85 13.19 | 50.30 23 | 35
3Y SIP Return % 21.96 25.56 17.27 | 37.10 25 | 33
5Y SIP Return % 24.04 25.18 17.47 | 39.87 17 | 31
7Y SIP Return % 20.91 20.49 13.96 | 32.68 12 | 29
10Y SIP Return % 18.62 17.94 13.51 | 27.83 8 | 23
Standard Deviation 12.43 12.71 9.99 | 16.36 14 | 33
Semi Deviation 8.52 9.01 7.16 | 11.67 11 | 33
Max Drawdown % -12.90 -12.33 -22.81 | -6.28 24 | 33
VaR 1 Y % -12.02 -14.08 -20.17 | -11.38 5 | 33
Average Drawdown % -4.86 -5.57 -11.96 | -2.58 9 | 33
Sharpe Ratio 0.79 0.95 0.28 | 1.59 26 | 33
Sterling Ratio 0.78 0.93 0.36 | 1.67 26 | 33
Sortino Ratio 0.43 0.51 0.17 | 0.91 24 | 33
Jensen Alpha % 0.62 2.63 -8.40 | 13.97 24 | 33
Treynor Ratio 0.11 0.14 0.04 | 0.23 28 | 33
Modigliani Square Measure % 18.41 20.91 10.22 | 30.40 27 | 33
Alpha % -0.74 0.58 -7.65 | 12.32 19 | 33
Return data last Updated On : June 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.53 ₹ 9947.0 -0.53 ₹ 9947.0
1W 0.54 ₹ 10054.0 0.56 ₹ 10056.0
1M - ₹ - - ₹ -
3M 12.05 ₹ 11205.0 12.37 ₹ 11237.0
6M 17.32 ₹ 11732.0 18.0 ₹ 11800.0
1Y 33.16 ₹ 13316.0 34.72 ₹ 13472.0
3Y 17.23 ₹ 16110.0 18.72 ₹ 16734.0
5Y 20.0 ₹ 24883.0 21.43 ₹ 26403.0
7Y 17.22 ₹ 30407.0 18.5 ₹ 32811.0
10Y 15.74 ₹ 43134.0 16.82 ₹ 47340.0
15Y 16.46 ₹ 98350.0 - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 21.1401 ₹ 13334.232 22.6577 ₹ 13427.22
3Y ₹ 36000 20.4966 ₹ 48615.984 21.9647 ₹ 49618.26
5Y ₹ 60000 22.5244 ₹ 104948.64 24.0421 ₹ 108858.36
7Y ₹ 84000 19.5444 ₹ 168620.004 20.9097 ₹ 177010.428
10Y ₹ 120000 17.418 ₹ 299702.76 18.6241 ₹ 319852.92
15Y ₹ 180000 16.2796 ₹ 689642.1 - ₹ -


Date NAV Regular Growth NAV Direct Growth
19-06-2024 165.72 182.92
18-06-2024 166.61 183.89
14-06-2024 166.07 183.27
13-06-2024 164.83 181.9
12-06-2024 163.78 180.73
11-06-2024 162.62 179.45
10-06-2024 162.5 179.31
07-06-2024 161.69 178.4
06-06-2024 158.91 175.33
05-06-2024 156.63 172.8
04-06-2024 152.67 168.43
03-06-2024 162.94 179.76
31-05-2024 157.98 174.27
30-05-2024 157.84 174.1
29-05-2024 158.98 175.36
28-05-2024 159.61 176.05
27-05-2024 160.58 177.11
24-05-2024 160.26 176.74
23-05-2024 159.72 176.14
22-05-2024 158.08 174.33
21-05-2024 157.6 173.79

Fund Launch Date: 25/Feb/1993
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: ELSS seeking to provide long term capital appreciation by predominantly investing in equities to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of the scheme will be realized.
Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
Fund Benchmark: S&P BSE 100 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.