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 ₹965.21 Crores and the latest NAV decalared is ₹39.130 as on 17 Oct 2019 at 11:35 pm.
Canara Robeco Equity Tax Saver Direct- Dividend Payout scheme return performance in last 1 year is 14.12%, in last 3 years is 37.56% and 128.77% 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.