fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-48913909
Canara Robeco Mutual Fund | Best Mutual Fund to Invest 2024

Fincash » Mutual Funds » Canara Robeco Mutual Fund

Canara Robeco Mutual Fund

Updated on April 11, 2024 , 20669 views

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
Email 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%.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

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:

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
Canara Robeco Emerging Equities Growth ₹217.03
↓ -0.94
₹20,325718.436.92018.324
Canara Robeco Consumer Trends Fund Growth ₹96.12
↓ -0.71
₹1,3646.317.640.621.919.826.4
Canara Robeco Bluechip Equity Fund Growth ₹54.75
↓ -0.47
₹12,1855.516.831.816.817.322.2
Canara Robeco Equity Diversified Growth ₹295.08
↓ -1.81
₹11,8755.417.433.118.117.122.8
Canara Robeco Equity Tax Saver Growth ₹153.05
↓ -0.99
₹7,333416.732.918.718.623.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 12 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.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2023 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Canara Robeco Gilt Fund Growth ₹68.4953
↓ -0.25
₹10424.56.34.56.57.16%7Y 8D12Y 11M 29D
Canara Robeco Liquid Growth ₹2,890.02
↑ 0.53
₹3,2921.93.77.35.577.32%1M 3D1M 6D
Canara Robeco Savings Fund Growth ₹38.5557
↑ 0.01
₹8591.93.67.15.277.68%10M 23D1Y 1M 2D
Canara Robeco Ultra Short Term Fund Growth ₹3,502.66
↑ 1.11
₹5221.73.36.54.76.47.59%4M 24D5M 6D
Canara Robeco Corporate Bond Fund Growth ₹19.8556
↓ -0.01
₹1481.83.56.34.567.67%2Y 1M 30D3Y 4M 17D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 12 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.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
Canara Robeco Equity Debt Allocation Fund Growth ₹315.21
↓ -1.86
₹9,6773.91427.315.114.819.9
Canara Robeco Income Saver Fund Growth ₹86.9104
↓ -0.22
₹9841.95.811.47.79.19.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 12 Apr 24

1. Canara Robeco Equity Tax Saver

(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 CAGR/Annualized return of 19.7% since its launch.  Ranked 36 in ELSS category.  Return for 2023 was 23.7% , 2022 was -0.2% and 2021 was 35.1% .

Below is the key information for Canara Robeco Equity Tax Saver

Canara Robeco Equity Tax Saver
Growth
Launch Date 2 Feb 09
NAV (12 Apr 24) ₹153.05 ↓ -0.99   (-0.64 %)
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.

DateValue
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

Canara Robeco Equity Tax Saver SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
Invest Now

Returns for Canara Robeco Equity Tax Saver

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 2.3%
3 Month 4%
6 Month 16.7%
1 Year 32.9%
3 Year 18.7%
5 Year 18.6%
10 Year
15 Year
Since launch 19.7%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Vishal Mishra26 Jun 212.77 Yr.
Shridatta Bhandwaldar1 Oct 194.5 Yr.

Data below for Canara Robeco Equity Tax Saver as on 29 Feb 24

Equity Sector Allocation
SectorValue
Financial Services27.81%
Consumer Cyclical12.51%
Industrials11.86%
Technology11.18%
Energy6.63%
Health Care6.42%
Consumer Defensive6.26%
Basic Materials5.94%
Communication Services2.99%
Utility2.83%
Real Estate1%
Asset Allocation
Asset ClassValue
Cash4.57%
Equity95.43%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
6%₹468 Cr3,337,584
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
6%₹424 Cr4,026,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
5%₹370 Cr2,211,310
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE
5%₹330 Cr1,131,000
↑ 30,000
NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 532555
3%₹207 Cr6,175,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | LT
3%₹203 Cr584,369
↑ 20,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS
3%₹201 Cr490,073
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 21 | BHARTIARTL
2%₹173 Cr1,540,000
↑ 40,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
2%₹166 Cr2,220,000
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Nov 21 | SUNPHARMA
2%₹164 Cr1,040,000

2. Canara Robeco Emerging Equities

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 CAGR/Annualized return of 17.5% since its launch.  Ranked 10 in Large & Mid Cap category.  Return for 2023 was 24% , 2022 was -1.6% and 2021 was 37% .

Below is the key information for Canara Robeco Emerging Equities

Canara Robeco Emerging Equities
Growth
Launch Date 11 Mar 05
NAV (12 Apr 24) ₹217.03 ↓ -0.94   (-0.43 %)
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.

DateValue
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

Canara Robeco Emerging Equities SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
Invest Now

Returns for Canara Robeco Emerging Equities

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 4.9%
3 Month 7%
6 Month 18.4%
1 Year 36.9%
3 Year 20%
5 Year 18.3%
10 Year
15 Year
Since launch 17.5%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Shridatta Bhandwaldar1 Oct 194.5 Yr.
Amit Nadekar28 Aug 230.59 Yr.

Data below for Canara Robeco Emerging Equities as on 29 Feb 24

Equity Sector Allocation
SectorValue
Consumer Cyclical23.88%
Financial Services22.66%
Industrials17.86%
Health Care9.61%
Basic Materials7.71%
Technology7.53%
Communication Services2.51%
Real Estate1.4%
Energy1.31%
Consumer Defensive1.1%
Utility1.05%
Asset Allocation
Asset ClassValue
Cash3.38%
Equity96.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
5%₹1,008 Cr9,577,032
↑ 150,000
Bharat Electronics Ltd (Industrials)
Equity, Since 30 Apr 21 | BEL
3%₹700 Cr34,144,939
↓ -1,000,000
Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Mar 22 | 500850
3%₹622 Cr10,607,567
↑ 450,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | HDFCBANK
3%₹613 Cr4,366,122
↓ -725,000
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | 500251
3%₹601 Cr1,548,058
↓ -248,382
UNO Minda Ltd (Consumer Cyclical)
Equity, Since 30 Sep 16 | UNOMINDA
3%₹589 Cr8,792,364
↑ 150,000
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Apr 21 | 532343
3%₹561 Cr2,621,729
↑ 150,000
Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Apr 21 | MAXHEALTH
3%₹520 Cr6,549,875
↓ -1,072,954
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 21 | BHARTIARTL
3%₹510 Cr4,541,411
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
2%₹504 Cr4,687,090

3. Canara Robeco Bluechip Equity Fund

(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 CAGR/Annualized return of 13.3% since its launch.  Ranked 52 in Large Cap category.  Return for 2023 was 22.2% , 2022 was 0.8% and 2021 was 24.5% .

Below is the key information for Canara Robeco Bluechip Equity Fund

Canara Robeco Bluechip Equity Fund
Growth
Launch Date 20 Aug 10
NAV (12 Apr 24) ₹54.75 ↓ -0.47   (-0.85 %)
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.

DateValue
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

Canara Robeco Bluechip Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for Canara Robeco Bluechip Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 2.4%
3 Month 5.5%
6 Month 16.8%
1 Year 31.8%
3 Year 16.8%
5 Year 17.3%
10 Year
15 Year
Since launch 13.3%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Vishal Mishra1 Jun 212.84 Yr.
Shridatta Bhandwaldar5 Jul 167.75 Yr.

Data below for Canara Robeco Bluechip Equity Fund as on 29 Feb 24

Equity Sector Allocation
SectorValue
Financial Services28.96%
Technology11.7%
Consumer Cyclical11.66%
Industrials11.21%
Health Care8.47%
Consumer Defensive7.02%
Energy6.83%
Communication Services4.27%
Basic Materials3.38%
Utility2.97%
Asset Allocation
Asset ClassValue
Cash3.52%
Equity96.48%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | HDFCBANK
8%₹946 Cr6,741,256
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
7%₹874 Cr8,305,600
↑ 75,000
Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 17 | RELIANCE
7%₹832 Cr2,848,250
↑ 50,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 10 | INFY
5%₹644 Cr3,849,142
↓ -120,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 16 | LT
5%₹583 Cr1,675,992
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 19 | BHARTIARTL
4%₹467 Cr4,160,316
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
4%₹427 Cr1,043,055
NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 532555
3%₹362 Cr10,800,000
↑ 750,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 532215
3%₹350 Cr3,259,200
↑ 75,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
3%₹348 Cr4,650,000

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

   
My Goal Amount:
Goal Tenure:
Years
Expected Annual Returns:
%
Total investment required is ₹3/month for 20 Years
  or   ₹257 one time (Lumpsum)
to achieve ₹5,000
Invest Now

How to Invest in Canara Robeco MF Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

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

Disclaimer:
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.
How helpful was this page ?
Rated 4.8, based on 4 reviews.
POST A COMMENT