Canara Robeco’s AuM has grown impressively to over Rs.70,000crs, taking it into the top 15 fund houses in the country.
Canara Robeco has launched its multicap fund to give investors an ideal platform to truly participate in the unfolding India growth story – which is secular, broad based and needs participation across market caps to best harness its wealth creation potential.
Multicap funds have a much better return profile compared to large caps and come with much lower volatility compared to mid and small cap funds – thus offering an optimal risk adjusted return to long term investors.
Multicap category has the potential to be our industry’s i-phone moment: it can unleash a new growth wave for equity funds by offering along term wealth creation solution that participates in the entire spectrum of market opportunities without any need for rebalancing/switching at the investor’s end. This offers convenience to investors and scalability to distributors and fund houses – a true win-win-win for all.
The multicap category is today only 5% of industry equity AuM. Gaurav strongly believes this category can become the engine of future growth and can grow manifold from here given its superiority as an effective and convenient solution for investors.
Gaurav highlights 7 Ps to articulate his case for why Canara Robeco deserves strong consideration of all distributors and investors especially in the multicap space.
Gaurav and team have traveled to more than 60 cities, meeting distributors and talking about not only this fund but the importance of focusing on this category. Extensive material has been made available in physical and digital formats and in multi-lingual mode to ensure wider investor reach.
The NFO comes with an auto-switch facility to park funds in liquid/debt funds and switch on the last day of the NFO into the new fund.