CanaraRobeco Emerging Equities is the best amongst the small cap & mid cap category and it is ranked 2nd by CRISIL. It aims to generate long term capital appreciation through investing in diversifies mid-cap stocks which have higher probability to turn into bigger corporate in the coming future.
Portfolio Analysis: As per the sectoral holdings Banking & Finance have been most favored sector for this fund as it is contributing 12.44% to the entire portfolio followed by Automotive Sector. Top Holdings and Sector Allocation for this fund are shown below.
Top 5 Holdings:
| Company | PE | % Assets |
| Bajaj Finserv | 33.31 | 3.83 |
| Reliance Industries | 16.53 | 3.63 |
| ITC | 28.87 | 2.99 |
| Atul | 35.06 | 2.90 |
| Piramal Enterprises | 30.65 | 2.6 |
Sector Allocation:
| Sector | % |
| Banking & Finance | 12.44 |
| Automotive | 10.74 |
| Pharmaceuticals | 12.07 |
| Chemicals | 8.67 |
| Engineering | 7.55 |
Returns as on 7th March 2018
| Performance | Returns (%) |
| 1 Year | 19.77 |
| 3 Year | 11.26 |
| 5 Year | 17.53 |
Risk Profile:The risk associated with this fund is too high because the total investment is focused on the stocks from small caps and midcaps sector. During the corrective phase or bad times this scripts do not have any lower limits to fall which can turn into capital loss. However every coin has 2 sides as these small size companies have potential to turn large which once happens can add bumper returns to your corpus. It is suitable to investors having high risk bearing ability within the age of 20-40 years.
Technical Perspective:The Daily chart of CanaraRobeco Emerging Equities shows that wave 2 looks to be complete at the recent lows of 64 levels near the channel support and now wave 3 is in course. Also prices have moved above the 50 days EMA which was previously acting as a resistance.
Investment perspective: This fund has maximum exposure to equity and as per our outlook on Indian Equity markets medium term outlook is positive. Parking through SIP route is the best option as of now.
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