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Canara Rob Banking & Financial Services Fund-Reg(G)

FAQ : Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth

Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) N/A N/A N/A N/A
Average Rolling Returns(%) N/A N/A N/A N/A

The Current NAV of Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth is ₹10.15.

It is better to invest in a fund with a longer track record as Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark Nifty Financial Services, as the Funds portfolio is similar to its benchmark.

Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth fund’s expense ratio is 2.06%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth is currently ₹624 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and State Bank Of India and account for 29% of its portfolio. Top 5 and 10 stocks of fund account for 41% and 62% of fund’s portfolio respectively.

Top three sectors of Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth fund are BFSI, IT and Miscellaneous accounting for 100% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth Fund is Equity - Sectoral Fund - Banks & Financial Service.

Amit Kadam and Shridatta Bhandwaldar manage the Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth Fund.

Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth current PE ratio is 33.20 and PB ratio is 4.61

The asset allocation of Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth is Stocks : 96.07%, Debt : 3.94% and Gold : 0%

The minimum SIP amount for Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for Canara Robeco Banking and Financial Services Fund - Regular Plan - Growth is NIL upto 12% of units and 1% for remaining units on or before 365 days, Nil after 365 days