Canara Robeco Mutual Fund
Canara Robeco Mutual Fund is one of the oldest and well-established fund houses in India, providing tailor-made investment solutions for achieving your financial goals with varying risk appetites.
It is offered by Canara Robeco Asset Management Company, a joint venture between Canara Bank and Robeco Groep N.V., an Amsterdam-based global investment management firm. The combination of Canara Bank’s thorough knowledge of the Indian market and Robeco’s global asset management expertise.
A Brief History of Canara Robeco Mutual Fund
Canbank Mutual Fund was the first company to be established in the ink of India in 1987.
The roots of Robeco Groep N.V. were planted in 1929 in the Netherlands, and it has become a renowned global investment manager with a presence in 15 countries and with billions of assets under management worldwide. Robeco had a partnership with Canara Bank since 1990, leading to a joint venture in 2007, known as Canara Robeco AMC.
As per the latest updates, the company holds total assets under management (AUM) of over Rs 47,000 crores and provides a variety of equity, debt, hybrid and thematic funds.
Investment Philosophy
The fund house focuses on
Long-term wealth creation consistently
Prudent risk management
Transparent investment practice
Products diversified to cater to various investor needs
The Canara Robeco schemes are managed by a dedicated team of fund managers who possess strong academic and professional backgrounds in finance and investment management.
Key Information About Canara Robeco Mutual Fund
Mutual Fund name | Canara Robeco Mutual Fund |
Asset Management Company Name | Canara Robeco Asset Management Company Limited |
AMC Setup Date | 19th December, 1987 |
AMC Incorporation Date | 2nd March, 1993 |
Sponsor name | Canara Bank, Orix Corporation Europe N.V. (formerly known as Robeco Groep N.V.) |
Name of Trustees | J. Balasubramanian (Independent Trustee) Sunit Vasant Joshi (Independent Trustee) Mr. Joseph Silvanus (Independent Trustee) Ms. Sumit M. Chadha (Independent Trustee) |
CIO | Mr. Rajnish Narula |
MD and CEO | Mr. Rajnish Narula |
Compliance Officer | Mr. Ashutosh Vaidya |
Investor Service Officer | Ms. Tejal Talekar |
Total AUM (as of end of last quarter) | Rs. 46,924.15 Cr. |
How to Invest in Canara Robeco Mutual Funds
Investing in Canara Robeco Mutual Funds is quite easy through any registered mutual fund platform or directly via the AMC's website.
Here's a simple step-by-step process:
Complete KYC using a valid identity and address proof.
Then choose an appropriate fund type – either equity, hybrid, or debt – based on risk tolerance and objectives.
Choose the investment type: one-time (lump sum) or regular (SIP).
Determine the amount of investment to make, and then proceed with the transaction online.
Once processed, units are allotted within 3–4 working days.
Investors can monitor performance anytime through online portals or periodic account statements.
Top Fund Managers at Canara Robeco AMC
Canara Robeco's success is driven by an efficient fund management team led by:
Mr. Shridatta Bhandwaldar: Head of Equities, known for managing flagship equity funds like Bluechip and Equity Diversified Fund.
Ms. Suman Prasad: An experienced manager, handling different short-term and savings funds.
Mr. Miyush Gandhi: Manages emerging equity and hybrid funds with strong consistency in performance.
Ms. Cheenu Gupta: Expert in sectoral and ELSS schemes such as consumer trends and equity tax saver funds.
Mr. Girish Hisaria: Senior Fund Manager of gilt, liquid, and bond schemes.
Top Canara Robeco Mutual Funds
Below is a list of some of the most popular and best-performing mutual fund schemes offered by Canara Robeco across various categories.
Fund Name | Category | Min Investment | AUM | 1Y Returns | SIP |
Canara Robeco Infrastructure Direct Growth | Equity | Rs 5,000 | Rs 2911 Cr | 1.6% | Rs 1,000 |
Canara Robeco Focused Fund Direct Growth | Equity | Rs 5,000 | Rs 2749 Cr | 7.5% | Rs 1,000 |
Canara Robeco Large Cap Fund Direct Growth | Equity | Rs 100 | Rs 16,514 Cr | 6.3% | Rs 100 |
Canara Robeco Liquid Direct Plan Growth | Debt | Rs 5,000 | Rs 7328 Cr | 6.8% | Rs 1000 |
Canara Robeco Value Fund Direct Growth | Equity | Rs 5,000 | Rs 1283 Cr | 1.6% | Rs 1,000 |
Canara Robeco Small Cap Fund Direct Growth | Equity | Rs 5,000 | Rs 12857 Cr | -4.3% | Rs 1,000 |
Canara Robeco Consumer Trends Fund Direct Growth | Equity | Rs 5,000 | Rs 1928 Cr | 3.9% | Rs 1,000 |
Canara Robeco Large and Mid Cap Fund Direct Growth | Equity | Rs 5,000 | Rs 25,483 Cr | 3.7% | Rs 1,000 |
Canara Robeco Flexi Cap Fund Direct Growth | Equity | Rs 5,000 | Rs 13,363 Cr | 6.5% | Rs 500 |
Canara Robeco ELSS Tax Saver Direct Growth | Equity | Rs 500 | Rs 8,799 Cr | 3.6% | Rs 500 |
Canara Robeco Equity Hybrid Fund Direct Growth | Hybrid | Rs 5,000 | Rs 11,073 Cr | 5.2% | Rs 1000 |
Canara Robeco Conservative Hybrid Fund Direct Growth | Hybrid | Rs 5,000 | Rs 936 Cr | 6.0% | Rs 1000 |
Canara Robeco Savings Fund Direct Growth | Debt | Rs 5,000 | Rs 1464 Cr | 7.7% | Rs 1000 |
Canara Robeco Gilt Fund Direct Growth | Debt | Rs 5,000 | Rs 147 Cr | 4.9% | Rs 1,000 |
Canara Robeco Banking and PSU Debt Fund Direct Growth | Debt | Rs 5,000 | Rs 194 Cr | 7.6% | Rs 1,000 |
Conclusion
Canara Robeco Mutual Fund continues to be distinctive for its long-term view, strong governance, and steady performance. With its bouquet of equity, hybrid, and debt schemes, it remains an investor's haven for stability-cum-growth exposure in their financial journey. Whether it be for the creation of wealth, saving on taxes, or regular income, Canara Robeco has some real solutions based on decades of experience and judicious fund management.
Frequently Asked Questions
1. How to Start Canara Robeco Mutual Fund SIP Online?
Investing in Canara Robeco Mutual Fund is easy because one can do it online using Groww. Alternatively, they may as well invest in the respective fund houses site. It is also possible to invest in Canara Robeco Mutual Funds using any other online platform or mobile application.
2. What is Canara Robeco Mutual Fund?
Canara Robeco Mutual Fund is a joint venture providing diversified investment solutions in the form of equity, debt and hybrid.
3. How can investors start investing in Canara Robeco Mutual Funds?
When the KYC is done, the preferred schemes are selected, and the SIP or lump sum is chosen, investors will be able to start online.
4. Are Canara Robeco mutual funds suitable for long-term investments?
Canara Robeco Mutual Funds are, indeed, the best place to leave your money and build a wealth portfolio that is professionally managed and disciplined over the long term.
5. Which kinds of schemes are offered at Canara Robeco Mutual Fund?
The fund has provided equity, hybrid, debt and tax-saving plans that suit various investor objectives and risk profiles.
