Canara Robeco Small Cap Fund – Direct Plan since its inception on 15th February 2019 has been offering excellent returns to its investors. The fund has been given a 5-star rating by Value Research. Let us understand the complete arithmetic of the investment received in this fund.
Mumbai. In the mutual fund market, if you invest money in a right scheme, then the chances of getting huge returns increase. Canara Robeco Small Cap Fund – Direct Plan is one such small-cap mutual fund plan. This small-cal mutual fund plan has been giving great returns to its investors since its inception on 15th February 2019. The fund has been given a 5-star rating by Value Research. It has given annual returns of more than 45 per cent to its investors in the last three years.
According to the mutual fund SIP calculator, if an investor had started a monthly SIP of ₹10,000 in this fund three years ago, his entire amount would be around ₹6.87 lakh. This mutual fund scheme has given an annual return of 46.78 percent in the last three years. However, if an investor had invested ₹1 lakh three years ago, his ₹1 lakh would have become ₹9.78 lakh today.
Almost 3 times return in a year
If an investor had invested ₹1 Lakh in Canara Robeco Small Cap Fund – Direct Plan a year ago, his ₹1 Lakh would become ₹2.58 Lakh today. The fund gave 23.9 per cent annualized returns during this period. Similarly, if one had invested ₹1 lakh in this small cap mutual fund, his ₹1 lakh would have grown to ₹5.67 lakh with an annual return of 44.32 per cent.
Canara Robeco Small Cap Fund – Direct Plan offers SIP plan for such investors if an investor is unable to invest earlier. Through this SIP you can start investing in it anytime.
How much return on SIP
According to the SIP calculator, if an investor had made a SIP of ₹ 10,000 in this scheme a year ago, he would have got a return of ₹ 1.33 lakh. This period would have yielded 11.23 percent absolute returns and 21.45 percent annualized returns. Similarly, if an investor had started a monthly SIP of ₹10,000 in this small cap mutual fund plan two years back, his ₹10,000 would have grown to ₹3.47 lakh.
In this time, this investment has given an absolute return of 44.66 percent and an annual return of 40.08 percent. Similarly, if an investor had started a monthly SIP of ₹10,000 in this mutual fund scheme three years ago, his ₹10,000 monthly investment would have increased to ₹6.87 lakh today.
