Small Cap Mutual Fund
Small Cap Mutual Fund: Among mutual funds, small cap mutual funds are somewhat risky. Despite the high risk in these small cap mutual funds compared to blue chips, the returns are also at the same level. If you have some courage and put money in these, you can have money in hand. Canara Robeco Small Cap Fund is one of the small cap mutual funds that can make money for investors. It stands second among the best small cap funds.
Small Cap Mutual Fund: Equity markets have recovered a bit after Corona. Many individual stocks and equity mutual funds have given good returns. Compared to the returns of 2020-21.. their returns have become attractive in the financial year 2021-22. However, small-cap stocks carry the highest risk compared to blue-chip companies. The higher the risk, the higher the returns, so these stocks are also providing good profits to the investors. During the bull market period, these high-risk stocks reaped the harvest of investors.
Canara Robeco is a small cap fund in the small-cap category with a compounded growth rate (CAGR) of 38 percent over the last three years. Funds in this category gave an average of only 30 percent returns during this period. The fund has been given 5 stars by Value Research. It is an open ended equity scheme of smallcap stocks. It stands second among the best small cap funds.
Here are the allocations of Canara Robeco Smallcap Fund as on September 30. The fund has allocated 69.52 percent in small caps, 23.02 percent in midcaps and 7.73 percent in large caps. If you started a monthly SIP of Rs.10,000 in this mutual fund last year, the amount would have been Rs.1.27 lakh at present. Also, two years ago, if the monthly sip of this mutual fund was started with Rs.10,000, it would have changed to Rs.3.18 lakhs now. If you have invested Rs.2.40 lakhs.. they will turn into Rs.3.18 lakhs. Also, if someone started investing in this mutual fund with a SIP of Rs.10,000 three years ago, they would have got Rs.6.34 lakhs in their hands now. If your investment amount is only Rs.3.60 Lakhs..the returns received is Rs.6.34 Lakhs.
The mutual fund’s top 10 holdings as on September 20 are City Union Bank, Schaeffler India Ltd, Cera Sanitaryware Ltd, Indian Hotels Co Ltd, Century Textile and Industries Ltd, Grindwell Norton Ltd, CreditAccess Grameen Ltd, Can Fin Homes Ltd, Aditya Birla Investments and Retail Ltd. Ltd. and Tinken India Ltd.