Canara Robeco Bluechip Equity Fund Direct Plan Growth

About Canara Robeco Blue Chip Equity Fund - Direct Plan - Growth

The main aim of the Canara Robeco Blue Chip Equity Fund - Direct Plan - Growth is to offer capital appreciation in the long run, by investing in stocks of large companies. The portfolio tends predominantly towards large-cap stocks and is suitable for equity investors who are conservative.

Pros and Cons of Canara Robeco Blue Chip Equity Fund - Direct Plan - Growth

The Canara Robeco Blue Chip Equity Fund - Direct Plan - Growth invests in stocks of big companies which are more stable in a market crash, as compared to smaller companies. On the flip side, the fund is vulnerable to market movements and is riskier than debt funds. This fund is not suitable for individuals who cannot invest for at least five years.

Fund Information and Statistics

i) Inception/Launch Date

Canara Robeco Blue Chip Equity Fund was launched on 01 January 2013.

ii) Risk Level

The risk level of Canara Robeco Blue Chip Equity Fund is moderately high as it invests mostly in large cap stocks.

iii) Redemption

The Canara Robeco Blue Chip Equity Fund is open-ended and can be redeemed at any time.

iv) Fund Manager

Shridatta Bhandwaldar and Sanjay Bembalkar are the current fund managers of the scheme.

v) Entry/Exit Load

There is no entry load as per Securities and Exchange Board of India (SEBI) regulations. There is an exit load of 1% on redeeming the investment within a year.

About Canara Robeco Mutual Fund

Canara Robeco Mutual Fund is the second oldest mutual fund and a joint venture between Canara Bank and Robeco Groep N.V. The fund house is sponsored by Canara Bank and ORIX Corporation Europe N. V. The total assets under management as of March 2020 was a massive Rs 17,913.22 crore.