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Table of Contents
- About Canara Bank Mutual Fund
- Best Canara Robeco Mutual Fund Schemes
- Canara Robeco Mutual Fund Name Changes
- Canara Robeco SIP Mutual Fund
- Mutual Fund SIP Calculator
- How to Invest in Canara Robeco MF Online?
- Canara Mutual Fund NAV
- Canara Robeco Mutual Fund Statement
- Corporate Office Address
- Sponsors
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Canara Robeco Mutual Fund
Canara Robeco Mutual Fund is the second non-UTI Mutual Fund company in India established in the year 1987. This Mutual Fund company was soon established after the public sector banks, Life Insurance Corporation of India (LIC) and general insurance Corporation of India (GIC) started to set up Mutual Funds.
Canara Robeco Mutual Fund offers a gamut of Mutual Fund schemes across various categories such as Equity Funds, Debt fund, Hybrid Fund, fund of funds, and exchange-traded funds. By the virtue of an investment management agreement, the assets of Canara Robeco Mutual Fund are managed by Canara Robeco Asset Managenemtn Company (CRAMC). Canara Robeco Mutual Fund company has been one of the fast-growing mutual fund companies in terms of Assets Under Management (AUM).
| AMC | Canara Robeco Mutual Fund |
|---|---|
| Date of Setup | December 19, 1987 |
| AUM | INR 13334.15 crore (Jun-30-2018) |
| CEO/MD | Mr. Rajnish Narula |
| Compliance Officer | Mr. Ashutosh Vaidya |
| Investor Service Officer | Mr. M. Paparao |
| Customer Care Number | 1800 209 2726 |
| Telephone Number | 022-66585000 |
| Website | www.canararobeco.com |
| crmf[AT][canararobeco.com |
About Canara Bank Mutual Fund
Canara Robeco Mutual Fund is a joint venture between Canara Bank and Robeco Asset Management Company in the year 2007. Canara Robeco Mutual Fund originally commenced its operations as Canbank Mutual Fund in December 1987 by Canara Bank. Canara Bank, established in 1906, is one of the leading nationalized banks having its operations in India as well as overseas in Hong Kong, China and the UK where it has its own office. Canara Bank through its subsidiaries such as Canfin Homes, Canara Bank Securities Ltd., Canbank Financial Services, and so on offers a wide variety of financial services.
Robeco is a well-known independent asset manager founded in 1929, in Rotterdam, the Netherlands. Robeco offers investment solution to more than a million private investors, institutional clients, and distribution partners. Orix purchased 90% of Robeco shares from Rabobank in 2013. In this joint venture, the shareholding of Canara Bank is 51% and of Robeco Group N.V., is 49%.
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Best Canara Robeco Mutual Fund Schemes
Like most Asset Management Companies, Canara Robeco Mutual Fund also offers a wide variety of Mutual Fund schemes under various category such as equity, debt, and hybrid funds to cater the diverse requirements of people. The various categories of mutual fund along with the best mutual funds to invest in each category are as follows.
Equity Funds
These schemes invest their corpus in equity and equity-related instruments of various companies. These schemes are considered as a good option for long-term investment. Since the returns on equity are market-linked, therefore, even the returns on equity funds are also not guaranteed. Some of the Best Mutual Funds to Invest under equity category of Canara Robeco are:
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Canara Robeco Emerging Equities Growth ₹211.38
↓ -1.64 ₹20,325 5.7 16.1 33.5 18.2 17.5 24 Canara Robeco Consumer Trends Fund Growth ₹94.54
↓ -0.21 ₹1,364 6.5 16.1 36.9 20.1 19.2 26.4 Canara Robeco Bluechip Equity Fund Growth ₹53.5
↓ -0.28 ₹12,185 4.7 14.8 29.9 15.3 16.6 22.2 Canara Robeco Equity Diversified Growth ₹288.11
↓ -1.70 ₹11,875 4.4 15.3 30.5 16.5 16.4 22.8 Canara Robeco Equity Tax Saver Growth ₹149.77
↓ -0.69 ₹7,333 3.5 15.2 30.5 17.1 18 23.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Apr 24
Debt Funds
These schemes invest their corpus in fixed income instruments. These prices of these schemes fluctuate less as compared to equity funds. They are a good option for short and medium-term tenure. Some of the fixed income instruments in which these schemes include treasury bills, commercial papers, government Bonds, and much more. Canara Robeco's some of the best Mutual Funds to invest under debt category are tabulated as follows.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Canara Robeco Gilt Fund Growth ₹68.5226
↑ 0.05 ₹104 2 4.7 6.3 4.6 6.5 7.16% 7Y 8D 12Y 11M 29D Canara Robeco Liquid Growth ₹2,892.29
↑ 0.51 ₹3,292 1.9 3.7 7.3 5.5 7 7.32% 1M 3D 1M 6D Canara Robeco Savings Fund Growth ₹38.6038
↑ 0.02 ₹859 1.9 3.6 7.1 5.2 7 7.68% 10M 23D 1Y 1M 2D Canara Robeco Ultra Short Term Fund Growth ₹3,506.65
↑ 1.34 ₹522 1.8 3.3 6.5 4.8 6.4 7.59% 4M 24D 5M 6D Canara Robeco Corporate Bond Fund Growth ₹19.8754
↑ 0.01 ₹148 1.8 3.5 6.3 4.6 6 7.67% 2Y 1M 30D 3Y 4M 17D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Apr 24
Hybrid Funds
Hybrid schemes invest their corpus in both equity and debt instruments. Investors looking for capital appreciation over long term along with regular flow of income can choose to invest in hybrid funds. Canara Robeco offers numerous schemes under hybrid category to cater diverse requirements of the individuals. Some of the best Mutual Funds under hybrid category are given below.
(ELSS Scheme) Seeking to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of
the scheme will be realized. Canara Robeco Equity Tax Saver is a Equity - ELSS fund was launched on 2 Feb 09. It is a fund with Moderately High risk and has given a Below is the key information for Canara Robeco Equity Tax Saver Returns up to 1 year are on To generate capital appreciation by primarily investing in diversified
mid cap stocks. However, there can be no assurance that the investment objective of the scheme will be realized. Canara Robeco Emerging Equities is a Equity - Large & Mid Cap fund was launched on 11 Mar 05. It is a fund with Moderately High risk and has given a Below is the key information for Canara Robeco Emerging Equities Returns up to 1 year are on (Erstwhile Canara Robeco Large Cap+ Fund) The Investment Objective of the fund is to provide capital appreciation by predominantly investing in companies having a large market capitalization. However, there can be no assurance that the investment objective of the scheme will be realized. Canara Robeco Bluechip Equity Fund is a Equity - Large Cap fund was launched on 20 Aug 10. It is a fund with Moderately High risk and has given a Below is the key information for Canara Robeco Bluechip Equity Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Canara Robeco Equity Debt Allocation Fund Growth ₹309.85
↓ -1.46 ₹9,677 3.5 12.6 25.4 13.9 14.3 19.9 Canara Robeco Income Saver Fund Growth ₹86.5933
↑ 0.01 ₹984 2 5.5 11 7.5 9 9.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Apr 24 1. Canara Robeco Equity Tax Saver
CAGR/Annualized return of 19.5% since its launch. Ranked 36 in ELSS category. Return for 2023 was 23.7% , 2022 was -0.2% and 2021 was 35.1% . Canara Robeco Equity Tax Saver
Growth Launch Date 2 Feb 09 NAV (18 Apr 24) ₹149.77 ↓ -0.69 (-0.46 %) Net Assets (Cr) ₹7,333 on 29 Feb 24 Category Equity - ELSS AMC Canara Robeco Asset Management Co. Ltd. Rating ☆ Risk Moderately High Expense Ratio 1.96 Sharpe Ratio 2.11 Information Ratio -0.82 Alpha Ratio -4.1 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,282 31 Mar 21 ₹14,378 31 Mar 22 ₹17,295 31 Mar 23 ₹17,203 31 Mar 24 ₹22,943 Returns for Canara Robeco Equity Tax Saver
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24 Duration Returns 1 Month 1.9% 3 Month 3.5% 6 Month 15.2% 1 Year 30.5% 3 Year 17.1% 5 Year 18% 10 Year 15 Year Since launch 19.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 23.7% 2022 -0.2% 2021 35.1% 2020 27.4% 2019 10.7% 2018 2.7% 2017 32% 2016 0% 2015 0.6% 2014 45.2% Fund Manager information for Canara Robeco Equity Tax Saver
Name Since Tenure Vishal Mishra 26 Jun 21 2.77 Yr. Shridatta Bhandwaldar 1 Oct 19 4.5 Yr. Data below for Canara Robeco Equity Tax Saver as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 27.81% Consumer Cyclical 12.51% Industrials 11.86% Technology 11.18% Energy 6.63% Health Care 6.42% Consumer Defensive 6.26% Basic Materials 5.94% Communication Services 2.99% Utility 2.83% Real Estate 1% Asset Allocation
Asset Class Value Cash 4.57% Equity 95.43% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK6% ₹468 Cr 3,337,584 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK6% ₹424 Cr 4,026,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY5% ₹370 Cr 2,211,310 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE5% ₹330 Cr 1,131,000
↑ 30,000 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325553% ₹207 Cr 6,175,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | LT3% ₹203 Cr 584,369
↑ 20,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS3% ₹201 Cr 490,073 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 21 | BHARTIARTL2% ₹173 Cr 1,540,000
↑ 40,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN2% ₹166 Cr 2,220,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Nov 21 | SUNPHARMA2% ₹164 Cr 1,040,000 2. Canara Robeco Emerging Equities
CAGR/Annualized return of 17.3% since its launch. Ranked 10 in Large & Mid Cap category. Return for 2023 was 24% , 2022 was -1.6% and 2021 was 37% . Canara Robeco Emerging Equities
Growth Launch Date 11 Mar 05 NAV (18 Apr 24) ₹211.38 ↓ -1.64 (-0.77 %) Net Assets (Cr) ₹20,325 on 29 Feb 24 Category Equity - Large & Mid Cap AMC Canara Robeco Asset Management Co. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.77 Sharpe Ratio 2.16 Information Ratio -1.25 Alpha Ratio -5.12 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,940 31 Mar 21 ₹13,681 31 Mar 22 ₹16,762 31 Mar 23 ₹16,429 31 Mar 24 ₹22,424 Returns for Canara Robeco Emerging Equities
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24 Duration Returns 1 Month 3.6% 3 Month 5.7% 6 Month 16.1% 1 Year 33.5% 3 Year 18.2% 5 Year 17.5% 10 Year 15 Year Since launch 17.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 24% 2022 -1.6% 2021 37% 2020 24.5% 2019 8.7% 2018 -9.3% 2017 52.1% 2016 2.6% 2015 13.1% 2014 96% Fund Manager information for Canara Robeco Emerging Equities
Name Since Tenure Shridatta Bhandwaldar 1 Oct 19 4.5 Yr. Amit Nadekar 28 Aug 23 0.59 Yr. Data below for Canara Robeco Emerging Equities as on 29 Feb 24
Equity Sector Allocation
Sector Value Consumer Cyclical 23.88% Financial Services 22.66% Industrials 17.86% Health Care 9.61% Basic Materials 7.71% Technology 7.53% Communication Services 2.51% Real Estate 1.4% Energy 1.31% Consumer Defensive 1.1% Utility 1.05% Asset Allocation
Asset Class Value Cash 3.38% Equity 96.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK5% ₹1,008 Cr 9,577,032
↑ 150,000 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Apr 21 | BEL3% ₹700 Cr 34,144,939
↓ -1,000,000 Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Mar 22 | 5008503% ₹622 Cr 10,607,567
↑ 450,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | HDFCBANK3% ₹613 Cr 4,366,122
↓ -725,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | 5002513% ₹601 Cr 1,548,058
↓ -248,382 UNO Minda Ltd (Consumer Cyclical)
Equity, Since 30 Sep 16 | UNOMINDA3% ₹589 Cr 8,792,364
↑ 150,000 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Apr 21 | 5323433% ₹561 Cr 2,621,729
↑ 150,000 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Apr 21 | MAXHEALTH3% ₹520 Cr 6,549,875
↓ -1,072,954 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 21 | BHARTIARTL3% ₹510 Cr 4,541,411 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322152% ₹504 Cr 4,687,090 3. Canara Robeco Bluechip Equity Fund
CAGR/Annualized return of 13.1% since its launch. Ranked 52 in Large Cap category. Return for 2023 was 22.2% , 2022 was 0.8% and 2021 was 24.5% . Canara Robeco Bluechip Equity Fund
Growth Launch Date 20 Aug 10 NAV (18 Apr 24) ₹53.5 ↓ -0.28 (-0.52 %) Net Assets (Cr) ₹12,185 on 29 Feb 24 Category Equity - Large Cap AMC Canara Robeco Asset Management Co. Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 1.8 Sharpe Ratio 2.08 Information Ratio -0.89 Alpha Ratio 0.07 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,686 31 Mar 21 ₹14,212 31 Mar 22 ₹16,451 31 Mar 23 ₹16,419 31 Mar 24 ₹21,871 Returns for Canara Robeco Bluechip Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24 Duration Returns 1 Month 1.3% 3 Month 4.7% 6 Month 14.8% 1 Year 29.9% 3 Year 15.3% 5 Year 16.6% 10 Year 15 Year Since launch 13.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 22.2% 2022 0.8% 2021 24.5% 2020 23.1% 2019 15.7% 2018 3.4% 2017 31.4% 2016 1.9% 2015 -0.5% 2014 35.9% Fund Manager information for Canara Robeco Bluechip Equity Fund
Name Since Tenure Vishal Mishra 1 Jun 21 2.84 Yr. Shridatta Bhandwaldar 5 Jul 16 7.75 Yr. Data below for Canara Robeco Bluechip Equity Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 28.96% Technology 11.7% Consumer Cyclical 11.66% Industrials 11.21% Health Care 8.47% Consumer Defensive 7.02% Energy 6.83% Communication Services 4.27% Basic Materials 3.38% Utility 2.97% Asset Allocation
Asset Class Value Cash 3.52% Equity 96.48% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | HDFCBANK8% ₹946 Cr 6,741,256 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK7% ₹874 Cr 8,305,600
↑ 75,000 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 17 | RELIANCE7% ₹832 Cr 2,848,250
↑ 50,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 10 | INFY5% ₹644 Cr 3,849,142
↓ -120,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 16 | LT5% ₹583 Cr 1,675,992 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 19 | BHARTIARTL4% ₹467 Cr 4,160,316 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS4% ₹427 Cr 1,043,055 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325553% ₹362 Cr 10,800,000
↑ 750,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 5322153% ₹350 Cr 3,259,200
↑ 75,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹348 Cr 4,650,000
Canara Robeco Mutual Fund Name Changes
After SEBI's (Securities and Exchange Board of India) circulation on re-categorisation and rationalisation of open-ended mutual funds, many Mutual Fund Houses are incorporating changes in their scheme names and categories. SEBI introduced new and broad categories in Mutual Funds in order to bring uniformity in similar schemes launched by the different Mutual Funds. This is to aim and ensure that investors can find it easier to compare the products and evaluate the different options available before Investing in a scheme.
Here is a list of Canara Robeco schemes that got new names:
| Existing Scheme Name | New Scheme Name |
|---|---|
| Canara Robeco Balance | Canara Robeco Equity Debt Allocation Fund |
| Canara Robeco F.O.R.C.E Fund | Canara Robeco Consumer Trends Fund |
| Canara Robeco GILT PGS | Canara Robeco Gilt Fund |
| Canara Robeco Income | Canara Robeco Income Fund |
| Canara Robeco Large Cap+ Fund | Canara Robeco Bluechip Equity Fund |
| Canara Robeco Medium Term Opportunities Fund | Canara Robeco Corporate Bond Fund |
| Canara Robeco Monthly Income Plan | Canara Robeco Income Saver Fund |
| Canara Robeco savings plus Fund | Canara Robeco Savings Fund |
| Canara Robeco Treasury Advantage Fund | Canara Robeco Ultra Short Term fund |
| Canara Robeco Yield Advantage Fund | Canara Robeco Short Duration Fund |
*Note-The list will be updated as and when we get an insight about the changes in the scheme names.
Canara Robeco SIP Mutual Fund
Canara Robeco Mutual Fund offers SIP option in many of its scheme. SIP or Systematic Investment plan is an investment mode in Mutual Fund in which the investors invest small amounts at regular intervals. The minimum SIP amount in many of the schemes of Canara Robeco is INR 1,000. Through SIP individuals can plan and accomplish various goals such as purchasing a house, purchasing a vehicle, planning for higher education, retirment planning, and much more.
Mutual Fund SIP Calculator
Mutual Fund sip calculator helps individuals to determine their present savings amount to achieve their future financial goals. Individuals use SIP calculator for planning various objectives like Retirement planning, planning for higher education, purchasing a vehicle, and many other objectives. The SIP calculator considers an individual’s age, income, financial obligations, and other such factors to determine the savings amount. Individuals also need to specify their expected rate of Inflation and rate of returns they expect on their investment. Based on the SIP calculator, individuals can choose the mutual fund schemes that are in-line with their objectives. Like most fund houses, Canara Robeco Mutual Fund also has a SIP calculator.
Know Your Monthly SIP Amount
How to Invest in Canara Robeco MF Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
Canara Mutual Fund NAV
Canara Bank Mutual Fund’s current as well as historical NAV or Net Asset Value is available from the Association of Mutual Funds in India or AMFI’s website. Canara Robeco Mutual Fund's website also provides the latest NAV. NAV or Net Asset Value helps individuals to check the performance of the scheme over a given timeframe.
Canara Robeco Mutual Fund Statement
Unitholders of any mutual fund scheme can view their mutual fund statement online by logging into their account through Canara Robeco Mutual Fund's website and check their statement. Individuals investing in Mutual Funds through offline mode receive the mutual fund statements of Canara Robeco Mutual Funds through the post.
Corporate Office Address
Construction House, 4th Floor, 5 Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001.
Sponsors
Canara Bank
Robeco Group N.V., The Netherlands
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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