This summary highlights the key aspects of the Canara Robeco Flexi Cap Fund’s performance. Its impressive growth:
- Remarkable Growth: The Canara Robeco Flexi Cap Fund has grown a monthly SIP of Rs 10,000 into Rs 1.89 crore over 21 years.
- Launch Date: The fund was launched on September 16, 2003.
- CAGR Performance: It has delivered a Compound Annual Growth Rate (CAGR) of 18.31%, outperforming its benchmark indices.
- Benchmark Comparison: The fund’s performance surpasses the BSE 500 TRI’s 17.23% and BSE SENSEX TRI’s 17.58%.
- AUM: As of August 30, 2024, the fund’s Assets Under Management (AUM) stand at Rs 13,510.37 crore.
- Investment Strategy: The fund follows a bottom-up investment approach, focusing on fundamentally strong companies.
- Sector Allocation: Major investments are in sectors like Financial, Automobile, Technology, Services, and Energy.
- Top Holdings: The top five holdings include ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., Reliance Industries Ltd., and Bharti Airtel Ltd.
- Flexibility: As a flexi cap fund, it invests across large-cap, mid-cap, and small-cap stocks without restrictions.
- Management Team: The fund is managed by Shridatta Bhandwaldar, Head Equities, and Pranav Gokhale, Fund Manager.
