Canara Robeco Mid Cap Fund - NFO Review

 

Canara Robeco has filed a draft for mid-cap NFO in SEBI on 23/09/2021 and possibly NFO opens in next few days. This scheme is an open-ended equity scheme, predominantly investing in mid-cap stocks.

For whom this Fund is suitable?

This product is suitable for investors who are seeking:

• Long term capital appreciation
• Investments predominantly in equity and equity related instruments of madcap companies.

What is the investment objective?

The investment objective of the scheme is to generate capital appreciation by investment predominantly in equity and equity related instruments of mid-cap companies. 

However, there can be no assurance that the investment objective of the scheme will be realized.

What are the plans/Options?

• Regular Plan
• Direct Plan

both have (a) Growth & (b) IDCW options.

What is the minimum investment criteria?

1. Lump sum Investment: Rs.5000.00 and in multiples of Rs.1.00 thereafter.
2. SIP / STP / SWP: Rs. 1000.00 and in multiples of Rs.1.00 thereafter. And for quarterly frequency: Rs.2000.00 and multiples of Rs.1.00 thereafter.

Benchmark: Nifty Mid-cap 150 TRI

How will the scheme allocate its assets?

Under regular situation, the asset allocation of the scheme will be as follows.

1. Equity & Equity related instruments of mid-cap industries- 65% to 100%, risk profile is High.
2. Equity & Equity related instruments of companies other than mid-cap companies- 0% to 35%, risk profile is high.
3. Debt & Money market instruments- 0% to 35%, risk profile is Medium to Low.
4. Units issued by REITs & InvTs- 0% to 10%, risk profile is Medium to High.
5. Investment in Derivatives can be up to 40% of the Net Assets of the Scheme.
6. The Scheme may invest  in foreign securities up to 10% of the net assets of the scheme.
7. The stock lending done by the scheme up to 25% of the net assets of the scheme as on the date of such lending.
8. Investment done by the scheme in ADR's / GDRs shall not exceed 10% of the net assets of the scheme as on the date of such investments.

 Where will the scheme invest?

1. Equity & Equity related instrument
2. Debt Investments
3. Foreign Securities
4. Security Debt
5. Money Market Investments
6. Pass through Certificate
7. Derivatives
8. REIT's / InvIT's.

Can scheme invest in other schemes?

1. The scheme may invest in another scheme under the same asset management company or in other mutual fund without charging any fees up to 5% of NAV of the mutual fund.
2. The scheme shall not make any investment in any fund of fund scheme.

Who manages the scheme?

Mr. Shridatta Bhandwaldar, [B.E.(Mechanical), M.M.S (Finance)], manages the fund. He has 15 years of experience and also manages 9 other funds.

Risk-O-Meter

Name of Mutual Fund: Canara Robeco Mutual Fund.
Name of Asset Management Company: Canara Robeco Asset Management  Company Ltd.
Name of the Trust: Canara Robeco Mutual Fund.
Address: Canara Robeco Asset Management Company Ltd. Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Mumbai — 400001.

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Top 5 Advantages of Equity SIP,

        

Overview of SBI Retirement Benefit Fund

SBI Retirement Benefit Fund is an open-ended Retirement benefit scheme. The scheme has lock-in of 5 years or till retirement age, which ever is earlier.

Investment Objectives

The Objective of the scheme is to provide a comprehensive retirement saving solution that serves the variable needs of the investors through long term diversified investments in major asset classes.

Four types of plan launched under this scheme

1. SBI Retirement Benefit Fund- Aggressive Plan.

2. SBI Retirement Benefit Fund- Aggressive Hybrid Plan.

3. SBI Retirement Benefit Fund- Conservative Hybrid Plan.

4. SBI Retirement Benefit Fund- Conservative Plan.

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Who should invest into which plan?

• Investor's who are looking for long term capital appreciation and  investment in predominantly in equity and equity related instruments should invest in SBI Retirement Benefit Fund- Aggressive Plan.
  
  
  
• Investors who are looking for long term capital appreciation, investment predominantly in equity and equity related instruments, and balance in debt and money market instruments should invest in SBI Retirement Benefit Fund- Aggressive Hybrid Plan.
• Investors who are looking for long term capital appreciation, investment predominantly in debt and money market instruments and balance in equity and equity related instruments should invest in SBI Retirement Benefit fund- Conservative Hybrid Plan.
• Investors who are looking for long term capital appreciation, investment predominantly in debt and capital market instruments, and remaining equity and equity and equity related instruments should invest in SBI Retirement Benefit Fund- Conservative Plan.

Click here for understanding of Top 5 Advantages of Equity SIP

Riskometer

• SBI Retirement Benefit Fund- Aggressive Plan
• SBI Retirement Benefit Fund- Aggressive Hybrid Plan 
• SBI Retirement Benefit Fund- Conservative Hybrid plan

• SBI Retirement Benefit Fund- Conservative Plan.

Asset Allocation

The asset allocation for each plan of the scheme, under normal conditions, shall be as follows.

Aggressive Pan:

1. Allocation in  Equity and Equity related instruments including equity ETFs, derivatives and foreign securities minimum 80% and maximum 100%, risk ratio High.
2. Allocation in Debt Securities including debt ETFs, securitized debt including debt derivatives and money marketing instruments minimum 0% and maximum 20%, risk ratio Low to Moderate.
3. Allocation in Unit issued by REIT and InvITs minimum 0% and maximum 10%, risk ratio Medium to High, and commodities including gold and gold rated instruments including Gold ETFs minimum 0% and maximum 20%, risk ratio Medium to High.

The  scheme may seek investments opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETFs/ETNs and debt securities subject to Regulations. Such investment may not to exceed 35% f the net assets of the scheme.

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Aggressive Hybrid Plan

1. Equity and equity-related instruments, including equity ETFs, derivatives, and foreign securities, will have a minimum allocation of 65% to 80%, with a risk ratio of high, whereas debt securities, including debt EFTs, securitized debt, including debt derivatives, and money market instruments, will have a minimum allocation of 0% to 35%, with a risk ratio of low to moderate.
2. Unit issued by REITs and InvITs will have a minimum allocation of 0% to 10%, with risk ratio of Medium to High, whereas commodities including gold and gold related instruments including Gold ETFs, will have a minimum allocation of 0% to 20%, risk ratio of Medium to High.

The scheme may seek investment opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETF/ETN and debt securities subject to Regulations. Such investment may not exceed 15% of the net assets of the scheme.

Conservative Hybrid Plan

1. Equity and equity-related instruments, including equity ETFs, derivatives, and foreign securities, will have a minimum allocation of 10% to 40%, with a risk ratio of high, whereas debt securities, including debt EFTs, securitized debt, including debt derivatives, and money market instruments, will have a minimum allocation of 60% to 90%, with a risk ratio of low to moderate.
2. Unit issued by REITs and InvITs will have a minimum allocation of 0% to 10%, with risk ratio of Medium to High, whereas commodities including gold and gold related instruments including Gold ETFs, will have a minimum allocation of 0% to 20%, risk ratio of Medium to High.

The scheme may seek investment opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETF/ETN and debt securities subject to Regulations. Such investment may not exceed 15% of the net assets of the scheme.

Conservative Plan

1. Equity and equity-related instruments, including equity ETFs, derivatives, and foreign securities, will have a minimum allocation of 0% to 20%, with a risk ratio of high, whereas debt securities, including debt EFTs, securitized debt, including debt derivatives, and money market instruments, will have a minimum allocation of 80% to 100%, with a risk ratio of low to moderate.
2. Unit issued by REITs and InvITs will have a minimum allocation of 0% to 10%, with risk ratio of Medium to High, whereas commodities including gold and gold related instruments including Gold ETFs, will have a minimum allocation of 0% to 20%, risk ratio of Medium to High.

The scheme may seek investment opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETF/ETN and debt securities subject to Regulations. Such investment may not exceed 10% of the net assets of the scheme.

Benchmark Index

Each plan will have different benchmark.

Plans	Benchmark
Aggressive	BSE 500
Aggressive Hybrid	CRISIL Hybrid 35+60 –Aggressive Index
Conservative Hybrid	CRISIL Hybrid 65+35 –Conservative Index
Conservative	Nifty Composite Debt Index

Minimum Investment 

• The initial lump sum investment is 5000/-Rs., and subsequent investments are made in multiples of 1/-Rs.SIP investments start at 1000/-Rs. And increase in multiples of 1/-Rs.

Load Structure

• Entry Load- Not Applicable
• Exit Load- Redemption done before the lock in period then investors has to pay 1% of nav value.

Fund Manager

• Mr. Gaurav Mehta. (PGBM, IIM Lucknow, B.tech., IIT Bombay, CA, CPA)

Corporate Office, Trustee Company, Asset Management Company Address.

SBI Mutual fund, 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla, Complex, Bandra (East), Mumbai- 400051.

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TOP 5 ADVANTAGES OF EQUITY SIP.

Investment is a very essential for building a wealth and people need to do it with very discipline and systematically method. Nowadays, we all need to save 10% to 30% of our income in any investment schemes. Recently stock market performing well after corona and on 13th August 2020 Indian stock market cross 55000 landmarks. Here I am taking about STOCK SIP or EQUITY SIP in this article.

Equity SIP, like Mutual Fund SIP, is a particularly developed investing method that allows investors to invest in equities and equity indexes. It differs from typical stock market investments in that it provides specific benefits.

What is Equity SIP?

We are all know about SIP, and Equity SIP stands for setting up  a regular investment plan to invest in the equity market, as investor do for mutual funds. The result is building a wealth systematically average method system with minimizing a market risk over a period.

(also read:UTI Focused Equity Fund NFO, Nippon India Flexi cap Fund)

Equity SIP allowing investors to invest in stock market on regular basis. Now, many brokers are suggesting their client's to invest in stock SIP's through their platforms. Equity SIP's allow investors to put their funds in shares, index exchange-traded funds (ETFs), and gold exchange-traded funds in regular manner. Investor can invest their funds monthly basis instead of lump sum.

Because it invests substantially in high-yielding shares and stocks, as well as other traded commodities, equity SIP's can provide greater returns on investment than mutual funds.

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Advantages of Equity SIP

1. Reduces Risk because of Rupee Cost Averaging.

Rupee cost averaging is an approach in which investors invest a fixed amount of money at regular intervals. Investor now can enjoy rupee cost averaging benefits through Equity SIP's. Investors can invest their fund  monthly, weekly, and daily basis and avail stocks on different prices which provide them levarage of rupee costing averaging.

     2. Starting with small investments.

Investor can buy stocks on small investments with Equity SIP and build up their wealth systematically.

    3. Timing the market is not necessary.

With the Equity SIP's, investors do not have to watch the stock market every day and there is no need to depend on their brokers to provide them buying selling calls. 

    4.  Long term financial goal can be aligned with  Equity IP.

Investors can fulfil their long term financial goals with small investments by Equity SIP's like purchasing new car, home, children's education fees, and expensive world tours.

    5.  Disciplined approach towards Investment helps to control the emotions. 

Market volatility brings forth a range of emotions among investors. When the market runs up, there is a sense of excitement and euphoria among investors. And when it corrects, initial denial   gives fear and panic. But in Equity SIP's investors has no need to worry about correction in market due to systematic investment plan, investors kept going to invest their money in correction time to, and it will give them more profit  earning opportunities.