About Canara Robeco Equity Tax Saver Direct - Dividend Payout
Canara Robeco Equity Tax Saver Direct - Dividend Payout is a Tax Saver
mutual fund scheme from Canara Robeco Mutual Fund
. This scheme was launched on 02 Jan 2013 and is currently managed by its fund managers Shridatta Bhandwaldar
and Cheenu Gupta
. It has an AUM of ₹1,032.51 Crores and the latest NAV decalared is ₹41.640 as on 24 Feb 2020 at 9:00 pm.
Canara Robeco Equity Tax Saver Direct - Dividend Payout scheme return performance in last 1 year is 21.95%, in last 3 years is 51.46% and 153.55% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.