Latest news with #CanaraRobecoEmergingEquities
Time of India
7 hours ago
- Business
- Time of India
60 equity mutual funds turn Rs 10,000 SIP to over Rs 1 crore in 2 decades
Live Events Around 60 equity mutual funds have turned investors' monthly SIP investments of Rs 10,000 to more than Rs 2 crore in the last two decades, an analysis by ETMutualFunds showed. There were around 76 funds in the said time Rob Large and Mid Cap Fund (Earlier known as Canara Robeco Emerging Equities), the topper in the list, turned the monthly SIP of Rs 10,000 to Rs 1.89 crore in the last 20 years. The fund has completed 20.44 years in the market since its Pru Value Fund (Earlier known as ICICI Prudential Value Discovery Fund) and Nippon India Growth Mid Cap Fund (Earlier known as Nippon India Growth Fund) turned the same investment to Rs 1.87 crore and Rs 1.74 crore respectively in the last 20 years. The schemes have completed 21.01 years and 29.87 years, Small Cap Fund and Sundaram Mid Cap Fund (Sundaram Select Midcap Fund) turned the same monthly investment to Rs 1.72 crore each in the said time period. The funds have completed 20.48 years and 23.09 years respectively in the market since their inception. Quant Small Cap Fund (Earlier known as Quant Income Bond), the largest fund managed by Quant Mutual Fund, turned the Rs 10,000 monthly investment to Rs 1.65 crore with an XIRR of 16.82% in the last 20 years. The fund has completed 28.85 years in the market. HDFC Flexi Cap Fund (Earlier known as HDFC Equity Fund) turned the same monthly income to Rs 1.51 crore in the last 20 years. Since its inception, the fund has completed 30.64 years in the market.A monthly investment in SBI Midcap Fund (Erstwhile known as SBI Magnum Midcap Fund) would have turned to Rs 1.50 crore in the last two decades. The fund has completed 20.39 years of existence in the Large & Midcap Fund (Earlier known as SBI Magnum Multiplier Fund) has turned this monthly SIP to Rs 1.39 crore with an XIRR of 15.43% in the said time period. The fund has been around for the last 32 years in the oldest and largest contra fund, SBI Contra Fund, turned the same investment to Rs 1.30 crore in the last 20 years with an XIRR of 14.91%. Since its inception, the fund has completed 26 years of oldest ELSS fund, SBI ELSS Tax Saver Fund (Earlier known as SBI Long Term Equity Fund) turned the same SIP investment to Rs 1.29 crore in the mentioned time frame. Since its launch, the fund has completed 32 funds from ICICI Prudential Mutual Fund - ICICI Pru Multicap Fund and ICICI Pru ELSS Tax Saver Fund - turned the same SIP to Rs 1.28 crore and Rs 1.23 crore respectively in the last two Large Cap Fund (Earlier known as HDFC Top 100 Fund) turned a monthly SIP of Rs 10,000 to Rs 1.13 crore with an XIRR of 13.75%.Lastly, HDFC Large and Mid Cap Fund (HDFC Growth Opportunities Fund) turned the SIP investment to Rs 1.03 crore in the mentioned time period. The fund has completed 31.51 years since its SBI Flexicap Fund (Earlier known as SBI Magnum Multicap Fund) also turned the same monthly investment to Rs 1.01 crore with an XIRR of 12.91% in the same period. The scheme was not included in the above list as it has completed 19.92 years in the industry and we considered the funds with over 20 years of 15 other equity mutual funds completed 20 years of existence in the market. But we could not include these schemes in the above mentioned list as they turned the same SIP ranging between Rs 70.46 lakh to Rs 99.74 lakh in the said time 15 funds included some funds such as Aditya Birla SL Large & Mid Cap Fund, Sundaram Diversified Equity, Franklin India Large Cap Fund, PGIM India Large Cap Fund, Taurus Flexi Cap Fund, LIC MF Flexi Cap considered all equity mutual funds. We considered regular and growth options. We calculated the SIP performance from August 16, 2005 to August 16, 2025Note, the above exercise is not a recommendation. The exercise was done to find which equity mutual funds have turned the Rs 10,000 monthly SIP to over Rs 1 crore in the last 20 should not make investment or redemption decisions based on the above exercise. One should always consider their risk appetite, investment horizon, and goals before making any investment decisions.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ alongwith your age, risk profile, and Twitter handle.
Time of India
26-06-2025
- Business
- Time of India
Canara Robeco Large and Mid Cap Fund turns Rs 10,000 SIP to nearly Rs 2 crore in 20 years
Canara Robeco Large and Mid Cap Fund , an open-ended scheme investing in large- and mid-cap companies, has completed 20 years in the market. A monthly SIP of Rs 10,000 in the fund would have grown to Rs 2.02 crore, delivering an XIRR of 18.05% over the period. The total investment amount would have been Rs 24.30 lakh as of May 31, 2025. Formerly known as Canara Robeco Emerging Equities, the scheme aims to generate capital appreciation by investing in a diversified portfolio of large- and mid-cap stocks. Its benchmark is the NIFTY LargeMidcap 250 TRI, according to a release by the fund house. Also Read | Consistent performers: 10 equity mutual funds deliver over 30% CAGR in 3 and 5-year periods Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Incredible Deals on Container Homes in Dalipuga - See the Prices Now! Shipping Container Homes | Search Ads Search Now Undo The Assets Under Management (AUM) of the Canara Robeco Large and Mid Cap Fund is Rs 25,092 crore as of May 30, 2025. The last 1-year, 3-year, and 5-year CAGR returns of the regular growth option of the scheme are 12.79%, 18.67%, and 25.13%, respectively, as compared to 9.63%, 21.34%, and 28.22% of the benchmark (NIFTY Large Midcap 250 TRI) and 11.36%, 14.95%, and 21.66% of the additional benchmark (BSE SENSEX TRI), based on returns as on May 30, 2025. Since inception, the scheme (Regular Plan – Growth Option) has delivered a CAGR of 17.29% to investors as against 14.56% of the additional benchmark (BSE SENSEX TRI). Live Events A lump sum investment of Rs 10,000 in the scheme (Regular Plan – Growth Option) at inception would have grown to Rs 2.52 lakh as on May 30, 2025, as against Rs 1.56 lakh in the additional benchmark. 'Our journey in the last two decades has been enriching. We thank investors for their continued trust. As a fund house, we continue to stay focused on identifying long-term opportunities across market cycles and delivering value through disciplined and research-backed investment strategies,' said Rajnish Narula, MD & CEO, Canara Robeco Asset Management. The scheme can allocate 35% to 65% of the total assets towards large-cap equity and equity-related instruments, and 35% to 65% in mid-cap equity and equity-related instruments, and 0% to 30% towards other equity and equity-related instruments, debt, and money market instruments. The scheme also invests in REITs and InvITs, which range from 0% to 10%. 'Canara Robeco Large and Mid Cap Fund is designed to capture the potential of India's growth by investing in a diversified portfolio of large and mid-cap companies, with a balanced allocation strategy of investing 35% to 65% in both large and mid-cap equities. The fund aims to provide investors with long-term capital appreciation,' said Shridatta Bhandwaldar , Head – Equities at Canara Robeco Asset Management Company. Also Read | NFO Alert: Zerodha Mutual Fund launches silver ETF FoF 'Diversification across market capitalizations may offer risk-adjusted returns, and we focus on compounder companies with unique models and competitive strength to help generate consistent long-term growth,' he added. Over 98% of the portfolio is invested in traditional companies with proven models, strong balance sheets, and established market presence, the release said. 'As one of our flagship offerings, the Canara Robeco Large and Mid Cap Fund has built a strong legacy over the past two decades by focusing on a diversified portfolio of large and mid-cap companies,' said Gaurav Goyal, National Head – Sales and Marketing, Canara Robeco Asset Management Company. 'Today, Canara Robeco's Large and Mid Cap family has grown to more than 8.45 lakh investors across the country, reflecting our ongoing commitment to help investors participate in India's growth with confidence,' Goyal added. The fund is managed by Shridatta Bhandwaldar, Head – Equities, and Amit Nadekar, Senior Fund Manager.
Time of India
05-06-2025
- Business
- Time of India
Canara Robeco Mutual Fund announces change in name of 3 equity funds
Canara Robeco Mutual Fund announces change in name of three equity funds with effect from June 20. The fund house informed about these changes to its unitholders through a notice-cum-addendum. The fund house informed that names of Canara Robeco Focused Equity Fund , Canara Robeco Emerging Equities , and Canara Robeco Bluechip Equity Fund will be changed. This move came pursuant to SEBI communication dated March 27, 2025, with respect to 'uniformity in the nomenclature of equity oriented schemes', the fund house informed. Also Read | ICICI Prudential Mutual Fund renames two equity schemes Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Access all TV channels anywhere, anytime Techno Mag Learn More Undo Canara Robeco Focused Equity Fund will be changed to Canara Robeco Focused Fund. Canara Robeco Emerging Equities will be changed to Canara Robeco Large and Mid Cap Fund. Canara Robeco Bluechip Equity Fund will be changed to Canara Robeco Large Cap Fund . Accordingly, all references to the existing name of the schemes, wherever appearing in the SID and KIM of the aforesaid schemes, shall be replaced with the revised name of the schemes as mentioned above. Live Events It may be noted that necessary/incidental changes, if any, shall be made in the SID and KIM of the aforesaid schemes in the above regard. All other features including nature, investment objective, asset allocation pattern, fundamental attributes, terms and conditions of the schemes, shall remain unchanged. The SID and KIM of the aforesaid schemes will stand modified to the extent mentioned above. This addendum forms an integral part of the SID and KIM of the aforesaid schemes. Also Read | Nippon India Taiwan Equity Fund tops return chart with 22% in May. Can the momentum sustain? Canara Robeco Focused Equity Fund, Canara Robeco Emerging Equities, and Canara Robeco Bluechip Equity Fund had an AUM of Rs 2,508 crore, Rs 24,040 crore, and Rs 15,621 crore respectively as on April 30, 2025. Recently ICICI Prudential Mutual Fund announced the change in name of ICICI Prudential Bluechip Fund and ICICI Prudential Value Discovery Fund. As these changes are pursuant to SEBI's communication dated March 27, 2025, with respect to 'uniformity in the nomenclature of equity oriented schemes many other fund houses are expected to change the name of their equity funds.
Mint
29-05-2025
- Business
- Mint
Canara Rebeco AMC's Shridatta Bhandwaldar expects market consolidation ahead, remains bullish on these 2 sectors
Shridatta Bhandwaldar, Head Equities, Canara Robeco Asset Management Company, believes that the ongoing earnings season signals recovery to double-digit growth in FY26 and FY27. However, he believes, amid lack of valuation comfort, the Indian stock market is likely to undergo consolidation. He is bullish on two sectors -- consumer discretionary and financials -- over the next few years. Edited excerpts: Some of the global macro and domestic geopolitical situations have turned relatively more benign in the last few weeks. Indian macroeconomic environment has been good for some time now with low inflation, low leverage and controlled current account deficit. Cyclical challenge is of the corporate earnings growth (Nifty), which has slowed down in FY25 to high single digits from a healthy 20+% growth in FY24. This slowdown was an outcome of meaningful public capex deceleration accompanied by a relatively tighter domestic liquidity environment over the past 4 quarters. These factors are reversing gradually – 1) Domestic liquidity has moved from deficit into surplus in the last few quarters, 2) The public capex has normalised back to budgeted numbers, 3) There is a pivot towards mass consumption in state and central budgets and 4) Further improvement in Private capex / Real estate, supported by a healthy banking system remains a reasonable expectation. This is already visible in Q4FY25 corporate earnings season, where the earnings have turned out better than estimated, indicating possible cyclical recovery to double-digit earnings growth in FY26E/27E. However, with fair valuations in large caps and above-average valuations in mid/small caps, we expect the market to undergo consolidation as cyclical recovery plays out and then starts rolling over based on earnings growth outcomes. Given that the strategy has a tilt towards predominantly mid-caps, we are focused on medium-term risk-adjusted returns. Given India's diverse listed space and strong underlying nominal GDP growth rate, we believe that there are enough well-run and scalable businesses available from a medium-term to long-term perspective. We are focused on identifying superior earnings growth profile companies for the Canara Robeco Emerging Equities portfolio on a bottom-up basis, and we believe that there is enough scope to do that despite broader valuation challenges in the mid-cap space. We tend to assess governance-related risks based on due diligence of the past track record, which is embedded in our investment process. We evaluate financials and the past track record of the management to assess both the ability to execute business better than peers and the intent to share outcomes with the minority shareholders. Liquidity risks are managed by having a limit and control structure on illiquidity criteria on mid and small caps. We are constructive on Consumer Discretionary and Financials from the next 3-5 year view. Under-allocation to equity at a younger age tends to be a common mistake. This is invariably followed by an inability to re-look at asset allocation when the margin of safety erodes in parts of the owned portfolio. Seeking professional advice on investment decisions and asset allocation at the initial stage of investment journey, can help to avoid such mistakes and contribute towards long term wealth creation. We can't talk about stocks, unfortunately. But sectors like Industrials, Hospitals, Hotels, Telecom and Aviation are good examples over the last 3 years of our bottom-up stock selection strategy to understand differentiated earnings growth leading to sizable contribution to alpha. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
