Canara Robeco Mutual Fund has announced the launch of its new fund offer 'Canara Robeco Value Fund'. This fund is an open-ended equity scheme that will follow a value investment strategy, to invest in businesses that are trading at a price less than their intrinsic values and are expected to realise their true worth in the future.
The NFO is open from 13 August 2021, and will close on 27 August 2021 and will re-open for purchase and redemption from 6 September.
Investment Objective
The fund aims to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instrument, with higher focus on value stocks. The fund aims to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instrument, with higher focus on value stocks. However there is no assurance or guarantee that the investment objective of the scheme will be realized
Investment Strategies
In medium-long term, stock price would follow changes in intrinsic value of the company. The fund would follow a philosophy of identifying mispriced opportunities between the intrinsic value and the market price of a company to make an investment decision. Market participants typically overreact on positive & negative news leading to changes in investment rationale for buying / selling a company. Due to overreaction to news, stock prices do not reflect the intrinsic value of the underlying business. This strategy would look at overreaction of market participants to the short-term developments in industries/companies and exploit available opportunities for investment returns. This strategy also relies on the analytical and behavioral edge to generate investor alpha.
Benchmark
Benchmark: S&P BSE 500 TRI
Asset Allocation
Under normal circumstances, the asset allocation of the Scheme will be as follows:
Fund Manager
Mr. Vishal Mishra, Fund Manager – Equities, would be managing the new scheme Canara Robeco Value Fund. Mr. Mishra is currently also the co-fund manager for Canara Robeco Equity Tax Saver Fund, Canara Robeco Infrastructure and Canara Robeco Bluechip Equity Fund. A Chartered Accountant and a Commerce Graduate from Mumbai University.
Existing Scheme Performance
Here is the performance of some existing Balanced Advantage funds. This would give an idea to investors on how these funds have performed in medium to long term. Returns indicated here are annualized returns
Suitability
This product is suitable for investors who are seeking*
Investors looking for long-term Wealth Creation
Investors whose investment time horizon is five years or more, this scheme may be suitable for them.
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*Investors should consult their financial advisors if in doubt about whether the product is suitable for them
Note: The above information has been sourced from the Scheme Information Document provided by Canara Robeco Asset Management. Read the entire document before investing, Disclaimer: Jaiprakash (ARN/Distributor - 70524; brand name Vasundhra Investment ) is the distributor of the mutual fund. Please consult your investment advisor before investing Mutual Fund investments are subject to market risks, read all scheme related documents carefully.