Fund Name: Canara Robeco Diversified Equity (G)
CRISIL Rank: 3
Category: Equity – Large Cap
Expense Ratio: 2.62%
Risk Level: Average
Benchmark: S&P BSE 100
Objective: To generate capital appreciation by investing in equity and equity related securities.
Canara Robeco diversified equity fund has made its inception in the year 2003. Since inception, it has produced annualized returns of 21%. It has managed to beat the benchmark index as well as category average consistently in the 1, 3 and 5 year returns.
Top 5 holdings of the fund include ICICI bank, HDFC bank, RIL, ITC and Infosys. The fund invests 73% of assets into large cap stocks. The 5 year returns of the fund are amazing. It offers diversification of investment into various sectors.