Canara Robeco Consumer Trends Fund’s trailing returns for SIP over different periods: It has delivered 20.52% in the last 10 years, 27.46% in the last 5 years and 52.7% in the past 1 year.
Canara Robeco Mutual Fund, India’s second oldest asset manager, recently celebrated the 15th anniversary of its Canara Robeco Consumer Trends Fund.
Read More:- NPS Vatsalya calculator: Investment of Rs 10,000 can give you Rs 11 crore when your kid is 60 yrs
Canara Robeco Consumer Trends Fund, an open-ended equity thematic fund, focuses on companies poised to benefit from India’s growing consumption demand. The fund, launched on September 14, 2009, is benchmarked against the BSE 100 TRI.
Canara Robeco Consumer Trends Fund investment strategy:
The fund invests across various market capitalizations, enhancing its exposure to promising companies within the consumption sector.
Also Read– HDFC Mutual Fund launches Nifty LargeMidcap 250 Index Fund
Canara Robeco Consumer Trends Fund allocates 80% to 100% in equities of companies benefiting from growing consumer demand, with additional investments in debt instruments, REITs/InvITs, and other equities. The fund is managed by Shridatta Bhandwaldar and Ennette Fernandes.
Canara Robeco Consumer Trends Fund performance – (Source – Value Research)
Over the past 15 years, the fund has delivered an annualised return of 18.93% in its regular plan’s growth option.
Based on this return, an initial SIP investment of Rs 10,000 in the fund would have grown to Rs 88.28 lakh by now.
Read More: This bank is offering 6.75% FD interest rate for FD tenures of 7-180 days; check details
If we look at the fund’s trailing returns for SIP over different periods, it has delivered 20.52% in the last 10 years, 27.46% in the last 5 years and 52.7% in the past 1 year.
Key details of Canara Robeco Consumer Trends Fund:
Assets Under Management (AUM): Rs 1,759.96 crore.
NAV: Rs 117.37
Expense Ratio: 2.08%
Rajnish Narula, MD and CEO, Canara Robeco Mutual Fund, said, “Based on population and consumption theme, and as per an analysis by Boston Consulting Group the share of elite and affluent households could reach 40% by the year 2025. As a fund house that’s crossed an AUM of Rs 1 lakh crore, we are happy to see investor confidence not just in us but also the nation at large.”
Disclaimer: The returns mentioned for the fund are based on past performance and there is no guarantee that it will repeat same returns on future investments. Investors should do a thorough research before investing in a mutual fund and are advised to consult a mutual fund expert before making any investment decisions.
