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 ₹940.59 Crores and the latest NAV decalared is ₹33.880 as on 03 Jun 2020 at 2:34 am.
Canara Robeco Equity Tax Saver Direct - Dividend Payout scheme return performance in last 1 year is -8.28%, in last 3 years is 15.21% and 115.18% 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.