Small Cap mutual fund: Canara Robeco Small Cap mutual fund review: Strong showing in a short time


ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.

BASIC FACTS

DATE OF LAUNCH

15 FEBRUARY 2019

CATEGORY

EQUITY

TYPE

SMALL CAP

AUM*

Rs.2,514 crore

BENCHMARK

NIFTY SMALLCAP 250

TOTAL RETURN INDEX

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WHAT IT COSTS

NAV**

GROWTH OPTION

Rs.22.11

IDCW

Rs.20.74

MINIMUM INVESTMENT

Rs.5,000

MINIMUM SIP AMOUNT

Rs.1,000

EXPENSE RATIO*** (%)

2.16

EXIT LOAD

1% for redemption

within 365 days

*AS ON 30 APRIL 2022
**AS ON 24 MAY 2022
***AS ON 30 APRIL 2022

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FUND MANAGER

SHRIDATTA BHANDWALDAR

TENURE: 2 YEARS, 6 MONTHS

Recent portfolio changes

  • New Entrants:PVR, , , , , .
  • Increasing allocation:, , , , CAMS, EID-Parry (India), ICRA, , , NOCIL, , , , , VIP Inds, V-Mart Retail.
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Should you buy?

This small-cap fund has been around for only a few years, but has quickly established a strong track record in this short time. The fund manager places high emphasis on downside protection and limiting drawdowns. He runs a highly diversified portfolio with modest positions even in its top bets, given the risks inherent in the small-cap segment.

He targets high quality businesses marked by strong business models, competent management and good governance. The fund delivered outsized returns during the favourable years of 2020 and 2021 and has contained downside much better than peers this year. While this marks a formidable start for the fund, it has to deliver sustainably for a few more years to be considered a worthy bet in its category.

(Source: Value Research)



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