Canara Robeco Bluechip Equity Mutual Fund Review: Worth a long-term bet. | Jobs Vox

ET Wealth partners with Value Research to analyze top mutual funds. We analyze the fund’s key, portfolio and performance to help you make an informed investment decision.

Basic facts
Date of commencement

August 20/2010

category

EQUITY

TYPE

Big cap

AUM*

8,832 million Birr

Benchmark

S&P BSE 100 Total

return information

What does it cost?
NAV***
Growth option

43.14

IDCW

Rs.22.04

The minimum investment

5,000 Birr

Minimum SIP amount

1,000 Birr

Expense Ratio *** (%)

1.86

Release the load

1% for redemption

in 365 days

* As of November 30, 2022
** As of December 13, 2022
*** From October 31, 2022

Fund manager

Sridatha Bhandwalder

Duration: 6 years, 4 months

Recent portfolio changes
New Arrivals: Bharat Electronics, Indusind Bank, Indian Hotels Company.

Full Outtakes: HDFC Life Insurance Company, Tata Steel, Voltas

Increase classification; HDFC Bank, Infosys, Kotak Mahindra Bank, Reliance Inds, SBI Life Insurance, State Bank of India, Sun Pharma, TCS, Indian Hotels Company, Titan Company, Ultratech Cement, United Spirits.

Should you buy it?

This large cap fund focuses heavily on downside protection. His portfolio targets two businesses – fixed income and alpha generators. The bias is toward proven quality businesses that offer resilience during market downturns. This is compounded for revenue rotation and valuation re-rating for mature companies. The fund manager is index aware but portfolio construction is fairly agnostic. After a consistent performance since 2017, the fund’s performance has faltered in the past year. However, the proven skills of the fund manager provide long-term comfort.

(Source: Value Research)