Canara Robeco Value Fund Regular Growth INF760K01JZ7

Canara Robeco Value Fund earns a Below Average Process Pillar rating.

The process is strengthened by its team of two portfolio managers, which is enough to execute the process. However, the rating is weakened by the parent firm's five-year risk-adjusted success ratio of 27%. The measure indicates the percentage of a firm's funds that have outperformed their respective category's median return for the period. The parent's modest success ratio suggests that the firm could do better across its fund lineup. The parent firm's five-year retention rate of 67% also holds the process back.

This strategy has more exposure to the Growth factor than the Value Morningstar Category average. But in terms of size exposure, it does not have much of a bias and resembles the typical portfolio. Analyzing additional factors, this strategy has consistently had exposure to high-momentum stocks compared with Morningstar Category peers over the past few years. Momentum is based on the premise that stocks that have recently outperformed will continue to outperform, and those that have underperformed will stay behind. In recent months, the strategy was more exposed to the Momentum factor compared with its Morningstar Category peers as well. The managers have also tended to underweight yield compared with peers during recent years. Its preference for stocks with lower yields may well lead to a growthier portfolio. However, growth stocks court additional risks if their forecasts do not come to fruition and are often more volatile than companies with stable dividends. Similarly, in recent months, the strategy also had less exposure to the Yield factor than peers. In addition, this strategy holds highly liquid companies. This gives the managers more flexibility during bear markets to sell without adversely affecting prices. Nevertheless, the fund's Liquidity exposure was in line with peers in the latest month. More information on a fund and its respective category's factor exposure can be found in the Factor Profile module within the Portfolio section.

The portfolio is overweight in industrials by 6.0 percentage points in terms of assets compared with the category average, and its real estate allocation is similar to the category. The sectors with low exposure compared with category peers are financial services and basic materials, with financial services underweighting the average portfolio by 3.0 percentage points of assets and basic materials similar to the average. The portfolio is composed of 58 holdings and is relatively concentrated. In particular, 41.5% of the strategy's assets are housed within the top 10 holdings, compared with the typical peer's 39.2%.