Canara Robeco Mutual Fund, India’s second oldest mutual fund, launched Canara Robeco Multi Cap Fund. This solution aims to generate long-term capital appreciation through diversified investments in large, mid, and small-cap stocks, benefiting investors from the power of equity markets. The fund uses the Nifty 500 Multicap Index TRI as a benchmark, categorizing large, mid, and small-cap stocks.
The new fund invests in firms with a wide range of market capitalizations, with an emphasis on active portfolio management and diversification to achieve strong returns while reducing overall risk. The multi-cap fund has a minimum equity exposure limit of 75%, with the flexibility to go overweight in large, mid, and small-cap stocks.
Its dynamic strategy combines portfolio stability and alpha generation, allowing investors to participate throughout a company’s life cycle, creating long-term wealth.Mr. Shridatta Bhandwaldar, Head Equities and Fund Manager said, “This product allows investors to selectively participate in the broader market and at the same time maintain resilience through large caps, creating opportunity for good risk-adjusted returns through market cycles.”