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Today Date : Monday, May 20, 2024

Canara Robeco launches Multi Cap Fund for equity opportunities

Canara Robeco launches Multi Cap Fund for equity opportunities

Canara Robeco Mutual Fund, India's second oldest mutual fund,
has launched the Canara Robeco Multi Cap Fund, a solution that aims to generate long-term
capital appreciation through diversified investments in large, mid, and small cap stocks. The
fund offers investments across companies of different market capitalizations, with active
management of the portfolio generating good performance and diversification reducing
overall portfolio risk. The fund has an equity exposure limit of minimum 75% (25% each in
large, mid, and small cap stocks respectively) and follows a dynamic strategy with the
flexibility to go overweight in any of these caps.
The fund manager's investment strategy combines portfolio stability along with alpha
generation, allowing investors to participate across a company's life cycle and create long-
term wealth. The fund aims to combine portfolio stability through risk containment through
proven compounding businesses across large, mid, and small cap stocks and alpha generation
through cyclical turn arounds, reflection of OW/UW in sectors through market capitalization
rather than just absolute weights and superior compounding stories. This product allows
investors to selectively participate in broader markets (mid/small caps) while maintaining
resilience through large caps, creating opportunities for good risk adjusted returns through
market cycles.
The Nifty 500 Multicap 50:25:25 Index TRI is the first-tier benchmark of the Canara Robeco
Multi Cap Fund. Large cap stocks in the fund are among the first 100 companies, mid cap
stocks are from 101st to 250th companies, and small cap stocks are leaders of tomorrow with
great potential for accelerated growth. The fund managers, Gaurav Goyal, National Head -
Sales and Marketing, and Shridatta Bhandwaldar and Vishal Mishra, believe that the Canara
Robeco Multi Cap Fund is a single key solution providing investors access to the power of all
three worlds viz large cap, mid cap, and small cap stocks.