Canara Robeco Bluechip Equity Fund can help you achieve your financial goals with stability and growth. This guide breaks down everything you need to know, from performance to investment strategies, in simple terms for beginners and seasoned investors alike.
Canara Robeco Bluechip Equity Fund offers a smart way to invest in India’s largest, most trusted companies. With strong historical performance, professional management, and low entry barriers, it’s ideal for long-term wealth creation. Whether you’re a student, a working professional, or nearing retirement, this fund can help you grow steadily.
Why Choose Canara Robeco Bluechip Equity Fund?
Imagine a teacher from a small town in India, like Ramesh from Nashik, who started investing small amounts monthly and grew his savings significantly over a decade. How? By choosing a reliable mutual fund like the Canara Robeco Bluechip Equity Fund.
This large-cap equity fund has gained popularity for its consistent performance and focus on blue-chip companies—large, stable firms with a proven track record.
Whether you’re a student saving pocket money or a professional planning for retirement, this fund offers a pathway to financial growth.
What Is the Canara Robeco Bluechip Equity Fund?
The Canara Robeco Bluechip Equity Fund is a large-cap mutual fund launched on August 20, 2010, by Canara Robeco Mutual Fund, one of India’s oldest and most trusted fund houses.
It aims to provide capital appreciation by investing predominantly in large-cap stocks—companies among the top 150 by market capitalization, like HDFC Bank, ICICI Bank, and Infosys.
Canara Robeco Bluechip Equity Fund These are well-established firms known for stability and resilience, making the fund suitable for conservative investors seeking growth with moderate risk.
Key Facts About the Fund
- Launch Date: August 20, 2010
- AUM (Assets Under Management): ₹14,965 Crores (as of March 31, 2025)
- NAV (Net Asset Value): ₹69.12 (Direct Plan, as of April 17, 2025)
- Expense Ratio: 0.5% (Direct Plan), 1.68% (Regular Plan)
- Risk Level: Very High (due to equity exposure)
- Minimum SIP Investment: ₹100
- Exit Load: 1% if redeemed within 1 year
Why It Matters: The fund’s focus on large-cap stocks offers a balance of growth and stability, ideal for investors who want to grow wealth without the volatility of smaller companies.
| Period Invested for | ₹10000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 09-Apr-25 | 10606.30 | 6.06% | – | 6.02% | 18/35 |
| 1 Month | 17-Mar-25 | 10627.00 | 6.27% | – | 6.35% | 20/34 |
| 3 Month | 17-Jan-25 | 10230.20 | 2.30% | – | 1.16% | 5/34 |
| 6 Month | 17-Oct-24 | 9674.30 | -3.26% | – | -5.34% | 5/34 |
| YTD | 01-Jan-25 | 9894.50 | -1.05% | – | -1.69% | 14/34 |
| 1 Year | 16-Apr-24 | 11156.60 | 11.57% | 11.53% | 7.74% | 4/33 |
| 2 Year | 17-Apr-23 | 14541.90 | 45.42% | 20.56% | 19.69% | 10/32 |
| 3 Year | 13-Apr-22 | 14731.20 | 47.31% | 13.72% | 12.86% | 8/30 |
| 5 Year | 17-Apr-20 | 25906.70 | 159.07% | 20.96% | 21.02% | 15/27 |
| 10 Year | 17-Apr-15 | 33557.00 | 235.57% | 12.86% | 11.36% | 3/25 |
| Since Inception | 20-Aug-10 | 60000.00 | 500.00% | 12.99% | 13.75% | 21/35 |
Why Invest in Canara Robeco Bluechip Equity Fund?
Investing in mutual funds can feel overwhelming, but the Canara Robeco Bluechip Equity Fund stands out for its unique advantages. Here’s why it’s a compelling choice:
1. Proven Performance
- Historical Returns: The fund has delivered 15.07% average annual returns since inception (Direct Plan) and 12.99% for the Regular Plan.
- Recent Performance: Over the last year, it achieved 12.90% returns (Direct Plan) and 8.96% (Regular Plan).
- Consistency: It has outperformed its benchmark (BSE 100 Index) in multiple periods, showcasing resilience even in bearish markets.
2. Low Expense Ratio
- The Direct Plan’s 0.5% expense ratio is among the lowest in its category, meaning more of your money stays invested for growth.
- Compare this to the category average of ~1.5% for large-cap funds, and you save significantly over time.
3. Diversified Portfolio
- The fund invests 96.13% in equities and 3.87% in cash equivalents, spreading risk across sectors like BFSI (Banking, Financial Services, and Insurance), IT, and Construction.
- Top holdings include HDFC Bank, ICICI Bank, and Infosys, which account for ~22% of the portfolio.
4. Accessibility
- Start with as little as ₹100 via SIP or ₹5,000 for a lump sum, making it affordable for students, young professionals, and retirees.
- No lock-in period, offering flexibility to redeem investments when needed.
5. Expert Management
- Managed by Shridatta Bhandwaldar and Vishal Mishra, experienced fund managers with a track record of navigating market cycles.
Understanding the Risks: Is It Right for You?
While the Canara Robeco Bluechip Equity Fund offers strong potential, it’s not without risks. Here’s a balanced look:
Potential Risks
- Market Volatility: As an equity fund, it’s subject to stock market fluctuations, which can lead to short-term losses.
- Exit Load: Redeeming within a year incurs a 1% exit load, discouraging short-term trading.
- High Risk Rating: The fund is rated Very High risk due to its equity-heavy portfolio, unsuitable for ultra-conservative investors.
- Performance Variability: Regular plans with higher fees (1.68%) may underperform compared to Direct Plans.
Canara Robeco Bluechip Equity Fund Mitigating Risks
- Long-Term Horizon: Invest for at least 5 years to ride out market dips.
- SIP Approach: Regular investments via SIPs reduce the impact of market volatility.
- Diversification: The fund’s focus on large-cap stocks minimizes risk compared to mid- or small-cap funds.
Who Should Invest?
- Beginners seeking a stable equity fund.
- Professionals aiming for long-term goals like retirement or buying a home.
- Investors with moderate to high risk tolerance.
How to Start Investing in Canara Robeco Bluechip Equity Fund
Canara Robeco Bluechip Equity Fund Ready to invest? Follow these simple steps to get started:
Step 1: Define Your Goals
- Short-Term: Save for a gadget or vacation (3-5 years).
- Long-Term: Plan for retirement, children’s education, or a home (5+ years).
Step 2: Complete KYC
- Documents Needed: PAN card, Aadhaar, address proof.
- Platforms: Use apps like Groww, ET Money, or the Canara Robeco website to complete KYC online.
- Time: Takes 1-2 days for verification.
Step 3: Choose Your Investment Mode
- SIP: Start with ₹100/month for regular investments.
- Lump Sum: Invest ₹5,000 or more for a one-time contribution.
- Tip: SIPs are ideal for beginners to average out market fluctuations.
Step 4: Open an Account
- Direct Platforms: Invest via Canara Robeco’s website, Groww, or Kotak Securities.
- Financial Advisors: Consult a mutual fund distributor for personalized advice.
- Direct vs. Regular Plan: Choose Direct for lower fees if you’re confident in managing investments.
Step 5: Monitor and Review
- Check performance quarterly but avoid frequent changes.
- Use tools like Moneycontrol or Value Research for updates.
Canara Robeco Bluechip Equity Fund Performance Analysis
The Canara Robeco Bluechip Equity Fund has a strong track record, but how does it compare to peers and benchmarks? Let’s break it down:
Canara Robeco Bluechip Equity Fund Historical Returns (as of April 2025)
- 1-Year: 12.90% (Direct), 8.96% (Regular)
- 3-Year: 53.06% cumulative (Direct), 13.18% annualized (Regular)
- 5-Year: 22.39% annualized (Regular)
- Since Inception: 15.07% (Direct), 12.99% (Regular)
Canara Robeco Bluechip Equity Fund Benchmark Comparison
- BSE 100 Index: The fund’s benchmark returned ~5.47% (1-year) and 23.57% (5-year), showing the fund’s outperformance in shorter periods.
- Category Average: Large-cap funds averaged 5.47% (1-year) and 23.57% (5-year), indicating competitive performance.
Canara Robeco Bluechip Equity Fund Peer Comparison
- Nippon India Large Cap Fund: Slightly higher 1-year returns but higher expense ratio.
- ICICI Prudential Bluechip Fund: Similar returns but larger AUM, potentially less agile.
Key Takeaway: Canara Robeco Bluechip Equity Fund the fund’s low fees and consistent returns make it a strong contender in the large-cap category, especially for long-term investors.
Common Myths About the Canara Robeco Bluechip Equity Fund
Canara Robeco Bluechip Equity Fund Misconceptions can deter potential investors. Let’s debunk some myths:
Myth 1: It’s Only for Wealthy Investors
- Truth: With a minimum SIP of ₹100, anyone can start investing, from students to retirees.
Myth 2: Large-Cap Funds Are Too Safe to Grow Wealth
- Truth: The fund’s 15.07% average annual returns since inception prove large-caps can deliver strong growth with stability.
Myth 3: You Need to Be a Market Expert
- Truth: Professional fund managers handle all investment decisions, making it beginner-friendly.
Myth 4: Past Performance Guarantees Future Results
- Truth: While past returns are promising, market conditions vary. Focus on long-term consistency.
Tips for Long-Term Success with Canara Robeco Bluechip Equity Fund
Canara Robeco Bluechip Equity Fund Investing is like planting a tree—patience and care yield the best results. Here are expert tips to maximize your returns:
- Stay Invested for 5+ Years: Large-cap funds perform best over long periods, smoothing out market volatility.
- Increase SIP Contributions: As your income grows, boost your SIP amount to accelerate wealth creation.
- Diversify Across Funds: Pair this fund with debt or hybrid funds for a balanced portfolio.
- Avoid Panic Selling: Market dips are normal; stay calm and trust the fund’s long-term strategy.
- Review Annually: Check if the fund aligns with your goals, but avoid frequent switches.
Tax Implications: What You Need to Know
Canara Robeco Bluechip Equity Fund Understanding taxes ensures you keep more of your returns. Here’s how the Canara Robeco Bluechip Equity Fund is taxed:
- Short-Term Capital Gains (STCG): If units are sold within 1 year, gains are taxed at 15%.
- Long-Term Capital Gains (LTCG): Gains above ₹1 lakh after 1 year are taxed at 10% without indexation.
- Dividend Taxation: Dividend income is added to your taxable income and taxed per your slab rate. TDS of 10% applies if dividends exceed ₹5,000 in a year.
Tip: Hold investments for over a year to benefit from lower LTCG rates for Canara Robeco Bluechip Equity Fund.
Conclusion: Your Path to Financial Freedom Starts Here
The Canara Robeco Bluechip Equity Fund is a powerful tool for building wealth with stability. Its focus on large-cap stocks, low expense ratio, and consistent performance make it ideal for beginners and seasoned investors alike. Whether you’re a student like Priya or a professional like Ramesh, this fund offers an accessible way to achieve your financial dreams.
By starting with a small SIP for Canara Robeco Bluechip Equity Fund, staying invested, and following the tips in this guide, you can grow your wealth confidently. Don’t let market fears hold you back—take the first step today!
