Holding in (%) as of July 31, 2023
(Source: ACE MF) <\/p>\n\n\n\n

As of July 31, 2023, Canara Robeco Flexi Cap Fund held 61 stocks in the portfolio. The top 10 stock holdings in the portfolio accounted for nearly 43.1% of the total assets. Popular large-cap names like HDFC Bank, ICICI Bank, Reliance Industries, Infosys, and L&T appear in the list of its top portfolio holdings. Most of these stocks have been a part of the fund’s core holding for multi years now. The fund’s portfolio turnover has ranged between 25-35% in the last one year, signifying low churning in the portfolio.<\/p>\n\n\n\n

In the last two years, Canara Robeco Flexi Cap Fund has benefited immensely from its holding in ICICI Bank, Polycab India, L&T, ABB India, Max Healthcare Institute, SBI, Cholamandalam Investment & Finance Company, and Axis Bank which turned out to be major contributors to its returns. However, its exposure to certain stocks such as Infosys, Max Financial Services, Gujarat Gas, and Atul, eroded some of its gains.<\/p>\n\n\n\n

While the fund’s portfolio is biased towards cyclicals, it holds substantial exposure to sensitive and defensive sectors as well. Around on third of the fund’s portfolio is concentrated in the Banking and Finance sector, followed by Engineering, Consumption, Infotech, and Auto & Auto Ancillaries that collectively account for another 34.8% of its assets. It also has substantial exposure in Petroleum, Cement, Pharma, Telecom, Chemicals, and Healthcare having an allocation in the range of around 2% to 5% of its assets.<\/p>\n\n\n\n

Is Canara Robeco Flexi Cap Fund suitable for my investment goals and risk tolerance?<\/strong><\/p>\n\n\n\n

Canara Robeco Flexi Cap Fund holds a flexible mandate to invest across market caps without any upper or lower limit and accordingly maintains a well-diversified portfolio of quality stocks with a long-term view. Despite being an aggressive growth-oriented fund, the fund manager avoids taking momentum bets and focuses on quality stocks with solid growth potential in the long run.<\/p>\n\n\n\n

Canara Robeco Mutual Fund is a process-driven fund house that employs sound risk management techniques. This has helped Canara Robeco Flexi Cap Fund do well to curb the downside risk during depressed conditions as seen during the market crash of 2020. Moreover, the performance on the upside has been in line with that of the benchmark. In certain market phases, the fund has more than outperformed the index and the category average. This ability enables it to rank high in terms of risk-adjusted returns.<\/p>\n\n\n\n

Canara Robeco Flexi Cap Fund is suitable for investors looking to benefit from diversification across market caps over an investment horizon of at least 5 years.<\/p>\n\n\n\n

Note:<\/strong>\u00a0This write up is for information purpose and does not constitute any kind of investment advice or a recommendation to Buy \/ Hold \/ Sell a fund. Returns mentioned herein are in no way a guarantee or promise of future returns. As an investor, you need to pick the right fund to meet your financial goals. If you are not sure about your risk appetite, do consult your investment consultant\/advisor. Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.<\/em><\/p>\n\n\n\n

This article first appeared on PersonalFN\u00a0here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed Canara Robeco Flexi Cap Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. Canara Robeco Flexi Cap Fund\u00a0is a growth-oriented\u00a0Flexi Cap Mutual Fund\u00a0that has done reasonably well during the bull as well as the bear market phases and has rewarded investors with…<\/p>\n","protected":false},"author":5,"featured_media":5711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts\/5710"}],"collection":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/comments?post=5710"}],"version-history":[{"count":1,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts\/5710\/revisions"}],"predecessor-version":[{"id":5712,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts\/5710\/revisions\/5712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/media\/5711"}],"wp:attachment":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/media?parent=5710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/categories?post=5710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/tags?post=5710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}