If you invested ₹10,000 monthly in the Canara Robeco Flexicap Fund since its inception, your ₹25.50 lakh total investment would have grown to ₹1.79 crore by August 30, 2024. This showcases the benefits of disciplined investing via a Systematic Investment Plan (SIP).
Fund Overview
Launched in September 2003, the Canara Robeco Flexicap Fund employs a blend of bottom-up stock selection and top-down sectoral analysis to invest across various market caps.
Competitive Edge
Achieving an 18.31% CAGR since inception, it outperformed the BSE 500 TRI (17.23%) and BSE SENSEX TRI (17.58%).
Lump-Sum Investments
A ₹10,000 lump-sum investment would have grown to ₹3.39 lakh, compared to ₹2.82 lakh in the benchmark index, indicating the fund’s higher return potential.
Portfolio and Management
As of August 30, 2024, the fund manages ₹13,510.37 crore across 67 stocks, with top 10 holdings comprising 37% of net assets. Managed by Shridatta Bhandwaldar and Pranav Gokhale, the fund emphasizes investment in well-managed companies.
Rajnish Narula, MD and CEO of Canara Robeco Mutual Fund, highlights their commitment to strong competitive positions in the market.