Canara Robeco ELSS - Tax Saver Fund
The scheme seeks to provide long term capital appreciation by predominantly investing in equity and equity related instruments in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance.
Growthvine rating: 2/5 — ranked #34 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹168.53 (as of 2026-10-01) |
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| AUM | ₹8,758 Cr |
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| Expense ratio | 1.52% |
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| Riskometer | Very High |
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| Fund manager | Shridatta Bhandwaldar |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 8.01% |
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| Sharpe ratio | 0.47 |
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| Standard deviation | 14.48% |
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| Max drawdown | −34.33% |
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| Alpha | 0.26 |
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| Beta | 0.94 |
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Over 5 years, captured 93.0% of Nifty 500's upside and 97.1% of its downside.
Market cap allocation
| Large cap | 75.4% |
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| Mid cap | 17.2% |
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| Small cap | 7.4% |
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Concentration
| Top 5 holdings | 24.3% |
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| Top 10 holdings | 39.0% |
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| Total holdings | 72 |
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| Index overlap | 50.5% |
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| Active share | 49.5% |
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Top holdings
- ICICI Bank Ltd. — 7.2%
- HDFC Bank Ltd. — 5.8%
- Reliance Industries Ltd — 4.1%
- State Bank Of India — 3.7%
- Larsen & Toubro Limited — 3.5%
- Bharti Airtel Ltd. — 3.2%
- Infosys Ltd — 3.2%
- Bajaj Finance Limited — 2.8%
- AXIS Bank Ltd. — 2.8%
- Divis Laboratories Ltd. — 2.7%
Top sectors
- Banking & Financial — 22.5%
- Automobile — 9.1%
- Retail — 8.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.2% | Q3 | #31 of 52 |
| 2025 | 5.3% | Q2 | #16 of 51 |
| 2024 | 17.5% | Q3 | #29 of 51 |
| 2023 | 23.7% | Q4 (Bottom) | #43 of 48 |
| 2022 | −0.2% | Q4 (Bottom) | #34 of 43 |