Markets
BSE See NSE See 39,101.09
140.30 (0.36%)
collapse Related Readings collapse

Canara Robeco Infrastructure Fund - Towering Potential

| 1/25/2012 8:28 PM Wednesday

If you are among those who believe in the growth potential of the Indian infrastructure sector and wish to be a part of it, the Canara Robeco Infrastructure Fund is one that you can’t ignore. This has been one of the most consistent infrastructure funds, which has proved its mettle over longer as well as shorter time horizons. The fund has been in the numero uno position for the one and five-year periods, and in the number two position in the three-year period, having outperformed its peers by a fair margin. 

Infrastructure stocks have been beaten down quite badly in the last few years, and all infrastructure funds’ returns are in the red. This fund, however, has done quite well to restrict its losses as compared to those of its category. Currently, the fund’s PE and P/BV are significantly lower than that of the BSE Sensex, and this is the case for most of the infra stocks. Thus, this sector and consequently this fund present better value and the chance of capital appreciation for investors over the long term. 

This is a Multi-Cap fund, and the fund manager has done quite well to manage risk, as is evident from its Sharpe ratio that stands at 0.56 and is the best in the category. In December 2011, the fund was majorly invested in energy, construction and the engineering sector, which accounted for 75 per cent of its net assets. Such concentration leads to a higher beta, and thus, investors with a high risk appetite can take limited exposure in this fund and remain invested for a longer period.

Fact Sheet
AMC Canara Robeco Asset Management Company Ltd
Structure Equity - Infrastructure
Investment Option  Growth & Dividend
Exit Load  1% for redemption within 365 days 
Corpus Rs 119.65 crore (31/12/11) 
52 Weeks' High/ Low Rs 23.33 (26/04/11) / Rs 18.24 (20/12/11)
Minimum Investment Rs 5000
Benchmark BSE 100
Launch Date 1-Nov-05
Fund Manager/s Soumendra Nath Lahiri & Yogesh Patil

Trailing returns (%) as on 20/01/2012         
Time Frames Fund  Category 
Year-to-Date 9.44 12
1-Year -7.86 -17.64
3-Year 24.4 16.56
5-Year 6.54 2.45
Returns up to 1 year are absolute and over 1 year are annualized

Top Five Holdings (% of Net Asset as on 31/12/11)
ACC 6.48%
Power Gird Corporation  6.17%
Reliance Industries 5.31%
Bharat Electronics 4.12%
Bharti Airtel 4.04%
Total of Ten Holdings43.42%

 

Find More Articles on: DSIJ Magazine, Fund of the Fortnight, Personal Finance, Mutual Funds

news letter

More for the early bird.

Get the post-market reports and breakfast news right in your inbox. See latest »

DSIJ Mindshare

12345678910Last

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Logistics sector will play a vital role in making the concept of ‘Make in India’ a success. This will be further aided by some of the recent steps taken by Government of India such as granting of infra sector status to logistics sector.

Best and worst Performing Sector Funds of Year 2017

Best and worst Performing Sector Funds of Year 2017

As the year-end has approached most of you are eager to know the mutual fund movers and shakers of the year 2017. Read on to find the performance of various sector dedicated funds.

Markets may start positive, but volatility likely due to F&O expiry

Markets may start positive, but volatility likely due to F&O expiry

The start of the F&O expiry day is likely to be in the green, but volatility may creep in with the progress of the session. The SGX Nifty suggests that the Nifty could open at 10,525 with gains of 32 points at the opening bell. 

Pidilite announces buyback of Rs 500 crore

Pidilite announces buyback of Rs 500 crore

The buyback offer comprises purchase of up to 50,00,000 equity shares. The buyback offer size comprises 0.975 per cent of the total paid-up equity capital of the company.

Bank Nifty drags markets to close in the red

Bank Nifty drags markets to close in the red

The late session fall in Bank Nifty changed the direction of the market, leading to a marginal fall in the benchmark indices. Bank Nifty yet again resisted at its multiple point downward sloping trendline level at 25733.

Six major underperforming MF schemes having higher expense ratios

Six major underperforming MF schemes having higher expense ratios

Mutual funds with a large size of assets under management (AUMs) are supposed to have lower expense ratios. However, there are schemes with large AUMs but having higher expense ratios and generating lower returns. 

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma index has come in as the healer in an otherwise sluggish market. Index has given a consolidation breakout at the 9420 level today and if the it sustains 9420, followed by 9628 on the upside, it has a long way to go.

Ten stocks close to their 52-week low

Ten stocks close to their 52-week low

Following stocks are close to their 52-week low as at 12.35 p.m. on December 27.

Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The markets on December 27 opened gap down. BSE Sensex is trading at 34,068.15, up by 57.54 points and the Nifty is trading at 10,539.45, up by 7.95 points.

Five stocks with selling interest

Five stocks with selling interest

Overall volumes in futures & options currently stand at 62.75 lakh contracts with a turnover of Rs. 5,19,204.72 crore.