About Canara Robeco Equity Tax Saver Direct- Growth
Canara Robeco Equity Tax Saver Direct- Growth 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 ₹995.11 Crores and the latest NAV decalared is ₹70.680 as on 15 Nov 2019 at 9:05 pm.
Canara Robeco Equity Tax Saver Direct- Growth scheme return performance in last 1 year is 13.71%, in last 3 years is 51.64% and 134.90% 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.