Canara Robeco Equity Tax Saver Fund is a predominantly large cap mutual fund which provides Tax Saving benefits under section 80C.
Quick facts about the Canara Robeco Equity Tax Saver Fund
- Launch Year: 1993
- Size of Fund: ~ 900 crores
- Expense Ratio: 2.41 %
- Minimum Investment: Rs 500
- Minimum SIP Investment: Rs 500
- Exit Load: Nil
Performance of Canara Robeco Equity Tax Saver Fund
- Return Since Launch: ~ 15%
- Return since last 10 years: ~ 13 %
- Return since last 5 years: ~ 15%
- Return since last 3 years: ~ 8%
- Return since last 1 years: ~ 19% ( Invest Now >> )
What this essentially means is that this fund has given an average annual return of 13% every year over the last 10 years. If you had invested Rs 10,000 per month, your total savings of Rs 12 lakhs would have grown to Rs 27 lakhs. See chart data below from ValueResearchOnline.com
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