Canara Robeco ELSS - Tax Saver Fund - Direct Plan - IDCW (Payout)
ELSS seeking to provide long term capital appreciation by predominantly investing in equity and equity related instruments in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance.
AMC websiteScheme documentsNAV history (AMFI)हिंदी में
- Current NAV₹75.4600
- Fund Size (AUM)₹ 8,167 Cr.
- Expense Ratio0.70 %
- 1Y Return-7.71%
- 3Y Return (CAGR)+5.33%
- 5Y Return (CAGR)+3.97%
- Category Rank (3Y)—
- RiskometerVery High Risk
- Min. SIP / Lump sum₹ 500 / ₹ 500
More figures (11)
- Since Launch (CAGR)+10.10%
- BenchmarkNifty 500
- Volatility (3Y)14.25 %
- Sharpe Ratio (3Y)-0.08
- Beta (3Y)0.94
- 52-week High / Low₹83.0400 / ₹68.8600
- Max Drawdown-37.9 %
- Launched1 Jan 2013
- Lock-in0 years
- Portfolio Turnover13 %
- Fund ManagersVishal Mishra, Shridatta Bhandwaldar
Performance chart
Benchmark: Nifty 500 price index (excludes dividends, so it slightly understates the index's total return). Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 4.0% a year, against Nifty 500 7.1%.
- Volatility over 3 years was 14.3% a year (Nifty 500: 14.5%), with a Sharpe ratio of -0.08.
- Its biggest fall from a peak was 37.9% (28 Aug 2018 to 23 Mar 2020).
- It did better than the Nifty 500 in 1 of the last 10 calendar years.
- Across all 3-year periods since launch, yearly returns ranged from -6.7% to 24.2% and were positive 96% of the time.
- Expense ratio 0.70%, fund size ₹8,167 crore.
Pros
AI- Expense ratio of 0.70% is below the category median of 1.06%.
- Long track record of 13.8 years since 2 Jan 2013.
Cons
AI- Behind the Nifty 500 by 3.2 points a year over 5 years (4.0% against 7.1%).
- Trailed the Nifty 500 in 9 of the last 10 calendar years.
- Beat the Nifty 500 in only 16% of rolling 3-year periods.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +1.67% | -0.42% | -3.26% | -0.21% | -5.98% | -7.71% | -6.14% | +5.33% | +3.97% | +9.98% | +8.43% | +10.10% |
| Nifty 500 | +1.84% | -1.16% | -4.14% | -1.70% | -6.71% | -5.49% | -3.01% | +8.59% | +7.14% | +13.32% | +11.51% | +11.96% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in ELSS Tax Saver Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -5.98% | +1.11% | +13.13% | +21.51% | +0.17% | +24.43% | +18.52% | +2.95% | -4.26% | +27.94% | +0.55% |
| Nifty 500 | -6.71% | +6.69% | +15.16% | +25.76% | +3.02% | +30.19% | +16.67% | +7.66% | -3.38% | +35.91% | +3.84% |
| Difference | +0.73% | -5.58% | -2.03% | -4.25% | -2.85% | -5.76% | +1.85% | -4.71% | -0.88% | -7.97% | -3.29% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.8 | 1.5 | -13.0 | 9.8 | -0.2 | 2.5 | 2.1 | 0.3 | -5.9 | 1.2 | |||
| 2025 | -4.0 | -8.0 | 4.4 | 3.2 | 4.6 | 3.1 | -2.3 | -1.3 | 1.0 | 3.6 | 1.0 | -3.1 | 1.1 |
| 2024 | 0.8 | -0.6 | 1.2 | 3.2 | 1.9 | 6.5 | 4.9 | 1.8 | 2.2 | -5.1 | 0.1 | -3.9 | 13.1 |
| 2023 | -3.2 | -1.0 | 0.1 | 3.5 | 4.0 | 4.0 | 3.0 | -1.1 | 1.7 | -2.6 | 4.8 | 6.8 | 21.5 |
| 2022 | -1.1 | -4.4 | 1.9 | -2.1 | -3.2 | -4.5 | 10.4 | 4.2 | -2.5 | 3.7 | 1.8 | -3.1 | 0.2 |
| 2021 | -0.4 | 8.4 | -3.8 | 0.5 | 7.0 | 2.9 | 3.1 | 6.5 | 1.3 | 1.9 | -7.5 | 3.4 | 24.4 |
| 2020 | 2.1 | 0.1 | -25.2 | 12.6 | -2.1 | 5.4 | 8.5 | 2.0 | 4.1 | 1.9 | 9.2 | 4.1 | 18.5 |
| 2019 | -0.1 | -5.6 | 8.5 | -0.1 | 3.5 | -0.6 | -7.2 | -0.6 | 5.7 | 3.0 | 0.2 | -2.6 | 2.9 |
| 2018 | 1.5 | -6.6 | -2.4 | 6.0 | -1.3 | -1.1 | 6.1 | 5.7 | -9.3 | -3.4 | 4.5 | -2.8 | -4.3 |
| 2017 | 5.0 | 2.8 | 4.0 | 4.6 | 1.8 | -0.5 | 4.2 | -0.3 | -1.0 | 3.9 | -2.8 | 3.6 | 28.0 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 72 of 118 months shown (61%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 14.25% | 14.29% |
| Nifty 500 volatility ? | 14.52% | 14.58% |
| Sharpe ratio ? | -0.08 | -0.18 |
| Sortino ratio ? | -0.11 | -0.23 |
| Beta ? | 0.94 | 0.93 |
| Alpha (yearly) ? | -3.13% | -3.13% |
| R-squared ? | 0.91 | 0.91 |
| Up-market capture ? | 92.40% | 91.50% |
| Down-market capture ? | 108.80% | 107.60% |
| Maximum drawdown | -22.11% | -22.11% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
How it handled market falls
When the Nifty 500 fell more than 10%
| Fall (peak to bottom) | Nifty 500 | This fund | Difference | Fund, 1 year after bottom | Index, 1 year after bottom |
|---|---|---|---|---|---|
| 26 Sep 2024 → 28 Feb 2025 | -18.8% | -20.2% | -1.4 | 12.9% | 16.5% |
| 1 Dec 2022 → 28 Mar 2023 | -11.2% | -9.6% | +1.6 | 30.7% | 41.3% |
| 18 Oct 2021 → 20 Jun 2022 | -18.5% | -22.0% | -3.5 | 25.4% | 25.1% |
| 17 Jan 2020 → 23 Mar 2020 | -38.3% | -33.4% | +4.9 | 81.0% | 98.9% |
| 31 Aug 2018 → 26 Oct 2018 | -15.8% | -16.4% | -0.6 | 10.9% | 12.0% |
| 24 Oct 2016 → 26 Dec 2016 | -11.0% | -11.3% | -0.3 | 32.3% | 40.8% |
Every fall of more than 10% in the benchmark since the fund was launched, measured between the index's peak and bottom dates. "Difference" in percentage points: positive means the fund fell less.
Biggest falls in this fund's NAV
| Peak | Bottom | Fall | Back to the peak on | Time to recover |
|---|---|---|---|---|
| 28 Aug 2018 | 23 Mar 2020 | -37.8% | 9 Nov 2020 | 8 months |
| 3 Mar 2015 | 29 Feb 2016 | -22.4% | 6 Sep 2016 | 6 months |
| 18 Oct 2021 | 17 Jun 2022 | -22.1% | 5 Jul 2023 | 13 months |
| 26 Sep 2024 | 3 Mar 2025 | -22.1% | Not yet | — |
| 15 Jan 2013 | 28 Aug 2013 | -14.1% | 30 Oct 2013 | 2 months |
| 15 Feb 2021 | 12 Apr 2021 | -11.6% | 15 Jun 2021 | 2 months |
Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR | Nifty 500 XIRR |
|---|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,16,328 | ₹-3,672 | -5.60% | -6.28% |
| 3Y | ₹3,60,000 | ₹3,55,748 | ₹-4,252 | -0.77% | +1.15% |
| 5Y | ₹6,00,000 | ₹6,70,965 | ₹70,965 | +4.42% | +7.13% |
| 10Y | ₹12,00,000 | ₹18,33,236 | ₹6,33,236 | +8.21% | +11.28% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all ELSS Tax Saver Funds (38)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aditya Birla Sun Life ELSS Tax Saver FundAditya Birla Sun Life Mutual Fund | ₹66.1500 | — | — | — | — | — | 1.08 | 13,559 | Very High Risk |
| 2. | Axis ELSS- Tax Saver FundAxis Mutual Fund | ₹107.0159 | — | — | — | — | — | 1.04 | 30,269 | Very High Risk |
| 3. | Bajaj Finserv ELSS - Tax Saver FundBajaj Finserv Mutual Fund | ₹11.5170 | — | — | — | — | — | — | — | — |
| 4. | BANDHAN ELSS - Tax Saver FundBandhan Mutual Fund | ₹175.7800 | — | — | — | — | — | 0.96 | 6,596 | Very High Risk |
| 5. | BANK OF INDIA ELSS TAX SAVER FUNDBank of India Mutual Fund | ₹188.2300 | — | — | — | — | — | 1.06 | 1,366 | Very High Risk |
| 6. | Baroda BNP Paribas ELSS Tax Saver FundBaroda BNP Paribas Mutual Fund | ₹109.1696 | — | — | — | — | — | 1.08 | 857 | Very High Risk |
| 7. | Canara Robeco ELSS - Tax Saver FundCanara Robeco Mutual Fund | ₹194.6100 | — | — | — | — | — | 0.70 | 8,167 | Very High Risk |
| 8. | DSP ELSS Tax Saver FundDSP Mutual Fund | ₹149.8530 | — | — | — | — | — | 0.93 | 15,569 | Very High Risk |
| 9. | Edelweiss ELSS Tax Saver FundEdelweiss Mutual Fund | ₹133.7700 | — | — | — | — | — | 0.92 | 428 | Very High Risk |
| 10. | Franklin India ELSS Tax Saver FundFranklin Templeton Mutual Fund | ₹1,540.32 | — | — | — | — | — | 1.17 | 5,839 | Very High Risk |
| 11. | Groww ELSS Tax Saver FundGroww Mutual Fund | ₹21.0900 | — | — | — | — | — | 1.50 | 48 | Very High Risk |
| 12. | HDFC ELSS - Tax Saver FundHDFC Mutual Fund | ₹1,444.09 | — | — | — | — | — | 1.19 | 14,949 | Very High Risk |
| 13. | HSBC ELSS Tax saver FundHSBC Mutual Fund | ₹150.8024 | — | — | — | — | — | 1.22 | 3,974 | Very High Risk |
| 14. | ICICI Prudential ELSS - Tax Saver FundICICI Prudential Mutual Fund | ₹1,001.13 | — | — | — | — | — | 1.21 | 13,498 | Very High Risk |
| 15. | Invesco India ELSS Tax Saver FundInvesco Mutual Fund | ₹146.6800 | — | — | — | — | — | 1.18 | 2,598 | Very High Risk |
| 16. | ITI ELSS Tax Saver FundITI Mutual Fund | ₹27.6554 | — | — | — | — | — | 0.90 | 445 | Very High Risk |
| 17. | JM ELSS - Tax Saver FundJM Financial Mutual Fund | ₹59.1106 | — | — | — | — | — | 1.34 | 240 | Very High Risk |
| 18. | Kotak ELSS Tax Saver FundKotak Mahindra Mutual Fund | ₹134.5670 | — | — | — | — | — | 0.80 | 6,071 | Very High Risk |
| 19. | LIC MF ELSS Tax Saver FundLIC Mutual Fund | ₹164.9286 | — | — | — | — | — | 1.29 | 972 | Very High Risk |
| 20. | Mahindra Manulife ELSS Tax Saver FundMahindra Manulife Mutual Fund | ₹31.4578 | — | — | — | — | — | 1.10 | 829 | Very High Risk |
| 21. | Mirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund | ₹55.0270 | — | — | — | — | — | 1.02 | 24,625 | Very High Risk |
| 22. | Motilal Oswal ELSS Tax Saver FundMotilal Oswal Mutual Fund | ₹63.6984 | — | — | — | — | — | 0.96 | 4,890 | Very High Risk |
| 23. | NAVI ELSS TAX SAVER NIFTY50 INDEX FUNDNavi Mutual Fund | ₹14.0913 | — | — | — | — | — | 0.24 | 145 | Very High Risk |
| 24. | Nippon India ELSS Tax Saver FundNippon India Mutual Fund | ₹140.6334 | — | — | — | — | — | 0.11 | 14,096 | Very High Risk |
| 25. | NJ ELSS Tax Saver FundNJ Mutual Fund | ₹14.2100 | — | — | — | — | — | 0.79 | 332 | Very High Risk |
| 26. | Parag Parikh ELSS Tax Saver FundPPFAS Mutual Fund | ₹31.3729 | — | — | — | — | — | 0.65 | 5,401 | Very High Risk |
| 27. | PGIM India ELSS Tax Saver FundPGIM India Mutual Fund | ₹39.0300 | — | — | — | — | — | 1.15 | 680 | Very High Risk |
| 28. | Quant ELSS Tax Saver Fundquant Mutual Fund | ₹449.1743 | — | — | — | — | — | 1.21 | 13,103 | Very High Risk |
| 29. | Quantum ELSS Tax Saver FundQuantum Mutual Fund | ₹122.1700 | — | — | — | — | — | 0.90 | 196 | Very High Risk |
| 30. | Samco ELSS Tax Saver FundSamco Mutual Fund | ₹13.3400 | — | — | — | — | — | 1.94 | 104 | Very High Risk |
| 31. | SBI ELSS Tax Saver FundSBI Mutual Fund | ₹450.0083 | — | — | — | — | — | 1.26 | 30,027 | Very High Risk |
| 32. | Shriram ELSS Tax Saver FundShriram Mutual Fund | ₹22.7594 | — | — | — | — | — | 0.93 | 44 | Very High Risk |
| 33. | Sundaram ELSS Tax Saver FundSundaram Mutual Fund | ₹512.1448 | — | — | — | — | — | 1.76 | 1,212 | Very High Risk |
| 34. | Tata ELSS - Tax Saver FundTata Mutual Fund | ₹52.0504 | — | — | — | — | — | 0.89 | 4,427 | Very High Risk |
| 35. | Taurus ELSS Tax Saver FundTaurus Mutual Fund | ₹198.1400 | — | — | — | — | — | — | — | — |
| 36. | Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) FundUnion Mutual Fund | ₹69.6800 | — | — | — | — | — | 1.73 | 821 | Very High Risk |
| 37. | UTI ELSS Tax Saver FundUTI Mutual Fund | ₹219.6392 | — | — | — | — | — | 1.02 | 3,253 | Very High Risk |
| 38. | WhiteOak Capital ELSS Tax Saver FundWhiteOak Capital Mutual Fund | ₹18.6510 | — | — | — | — | — | 0.86 | 481 | Very High Risk |
| Median: 38 schemes | — | — | — | — | — | — | 1.05 | 2,926 | — |
Detailed comparison with another fund About ELSS Tax Saver Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- ELSS seeking to provide long term capital appreciation by predominantly investing in equity and equity related instruments in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance.
- Fund managers
- Vishal Mishra, Shridatta Bhandwaldar
- Fund house
- Canara Robeco Mutual Fund
- Category
- ELSS Tax Saver Funds · Equity
- Benchmark used here
- Nifty 500 (price index)
- Plan / option
- Direct · IDCW (income distribution)
- AMFI scheme code
- 118286
- ISIN
- INF760K01EJ2, INF760K01EK0
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About ELSS Tax Saver Funds
ELSS Tax Saver Funds invest at least 80% in equity and come with a 3-year lock-in. Investments can qualify for a tax deduction of up to ₹1.5 lakh a year under the old tax regime; there is no such deduction under the new regime.
Generally used by taxpayers on the old regime who want equity exposure and can stay invested 3+ years.
Other plans of this scheme
Tax on your gains
Likely tax treatment: Equity-oriented fund
- Held 12 months or less: short-term gain taxed at 20%.
- Held over 12 months: long-term gain taxed at 12.5% on gains above ₹1.25 lakh a year (the ₹1.25 lakh exemption covers all your equity funds and shares together).
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
This scheme has a lock-in of 0 years. Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Canara Robeco Mutual Fund
- Canara Robeco AMC (NSE:CRAMC) Q2 FY27 Earnings Call Key HighlightsKalkine India · Yesterday
- Canara Robeco AMC (NSE:CRAMC) Interim Dividend and Business UpdateKalkine India · 12 Oct
- Canara Robeco AMC Confirms 35-40 BPS Yield Guidance Supported By 40 BPS Equity YieldsSahi · 12 Oct
- Canara Robeco AMC CRAMC Q2 FY27 Results Investor PresentationKalkine India · 10 Oct
- Canara Robeco AMC Q2 Results: Net profit up 22% to ₹59 crore, declares ₹2 dividend - CNBC TV18LinkedIn · 9 Oct
- Canara Robeco AMC (NSE:CRAMC): What Did Its Q2 FY27 Results and Interim Dividend Reveal?Kalkine India · 9 Oct
- Canara Robeco AMC Q2FY27 Results: Earnings call scheduled for Oct 12scanx.trade · 1 Oct
- Canara Robeco AMC enters Asia and India Book of Records for largest mutual fund investor awareness campaigThe Economic Times · 28 Sep
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
What is the NAV of Canara Robeco ELSS - Tax Saver Fund today?
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What is the difference between Direct and Regular plans?
What are ELSS Tax Saver Funds?
How are gains from Canara Robeco ELSS - Tax Saver Fund taxed?
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