Canara Robeco ELSS Tax Saver Fund- Regular Plan -IDCW (Payout)

Canara Robeco ELSS Tax Saver Fund- Regular Plan -IDCW (Payout) is a scheme launched by Canara Mutual Fund on September 30, 1998, and falls under the ELSS fund category. It currently manages an AUM of Rs 8,799.03 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1.69% for managing the portfolio.

• Investing Strategy:

  ELSS seeking to provide long term capital appreciation by predominantly investing in equities to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of the scheme will be realized.

• Performance:

  Canara Robeco ELSS Tax Saver Fund- Regular Plan -IDCW (Payout) trailing returns over different times are -4.2% (1 year), 11.56% (3 year) and 13.28% (5 year). The average annual return of this fund stands at 1.8%.