Canara Robeco Mutual Fund was established in December 1987 as Canbank Mutual Fund and is India's second-oldest Mutual Fund. Further, in 2007, Canara Bank partnered with Robeco Groep N.V. (now part of ORIX Corporation Europe N.V.), and the mutual fund was renamed Canara Robeco Mutual Fund. Canara Robeco AMC is the Investment Manager of Canara Robeco MF. Its solutions offer a range of investment choices, including diversified and thematic equity schemes, various debt and treasury products, and hybrid and monthly income funds.
Key Information About Canara Robeco Mutual Fund
How to Invest in the Canara Robeco Mutual Fund
Investing in the best Canara Robeco Mutual Funds can be a complex process. To make it easier, here is a step-by-step guide:
1. Choose Your Mutual Fund Type
According to your risk tolerance (low, mid, or high) and financial goals, choose your mutual types, such as equity, debt, hybrid, index, and sector funds.
2. Select a Mutual Fund Scheme
After carefully analysing the historical returns, expense ratio, reviews, and ratings of different schemes, choose your preferred Canara Robeco Mutual Fund.
3. Login or Open a Demat Account
Log in to your Stack Wealth account. If you do not have an account, you can register with your mobile number and create a new one immediately.
4. Complete KYC (Know Your Customer) Requirements
The next step involves providing personal information and verifying identity. You must upload a government-issued ID such as PAN, Aadhar and proof of address. Follow the instructions in the app to complete this step smoothly.
5. Select Investment Mode (SIP or lumpsum)
If you prefer regular, disciplined investing, you can set-up a systematic investment plan (SIP), which is periodic (monthly, quarterly, etc.). You can also make a lump-sum investment if you have a large amount to invest. Select the investment period of your choice.
6. Confirm and Track Your Investment
After setting up your investment, sit back and watch your money grow. The Stack Wealth app will provide regular updates and reports on your portfolio’s performance. You can also adjust your investments or withdraw funds as needed.
List of Best Canara Robeco Mutual Funds in India
Here is the list of some of the best Canara Robeco Mutual Funds in India:
* All data as of Jan 31, 2025
Detailed Overview of Canara Robeco Mutual Fund Schemes
Now, let’s discuss these 10 Canara Robeco Mutual Fund schemes in detail:
1. Canara Robeco Emerging Equities Fund-Regular Plan-Growth
Canara Robeco Emerging Equities Fund is an open-ended equity scheme investing in a diversified portfolio of large and mid-cap stocks to generate capital appreciation.
- Fund Performance: Canara Robeco Emerging Equities Fund is an open-ended equity scheme investing in large and mid-cap stocks. The fund's annualized returns for the past three and five years have been around 13.54% and 18.62%, respectively.
- Minimum Investment Amount: The minimum lump sum required for the Canara Robeco Emerging Equities Fund is ₹5000; the minimum SIP is ₹1000 for any date/monthly frequency and Rs. 2,000 for quarterly frequency.
2. Canara Robeco Gilt Fund-Regular Plan-Growth
Canara Robeco Gilt Fund is an open-ended debt scheme or gilt fund that invests in government securities across maturity. It aims to provide a risk-free return (except interest rate risk) while maintaining capital stability and liquidity.
- Fund Performance: Canara Robeco Gilt Fund is an open-ended debt scheme that invests majorly in government securities across maturity with relatively high interest rates and relatively low credit risk. The fund's annualized returns for the past three and five years have been around 6.05% and 5.89%, respectively.
- Minimum Investment Amount: The minimum lump sum required for the Canara Robeco Gilt Fund is ₹5000; the minimum SIP is ₹1000 for any date/monthly frequency and Rs. 2,000 for quarterly frequency.
3. Canara Robeco Conservative Hybrid Fund-Regular Plan-Growth
Canara Robeco Conservative Hybrid Fund is an open-ended hybrid scheme that invests in various debt securities and money market instruments of different maturities, with a small portion invested in equities and equity-related instruments.
- Fund Performance: Canara Robeco Conservative Hybrid Fund is an open-ended hybrid scheme that invests mainly in debt instruments. The fund's annualized returns for the past three and five years have been around 7.11% and 8.73%, respectively.
- Minimum Investment Amount: The minimum lump sum required for the Canara Robeco Conservative Hybrid Fund is ₹5000; the minimum SIP is ₹1000 for any date/monthly frequency and Rs. 2,000 for quarterly frequency.
4. Canara Robeco ELSS Tax Saver Fund-Regular Plan-Growth
Canara Robeco ELSS Tax Saver Fund is an open-ended equity-linked savings scheme that predominantly invests in equities. Its three-year statutory lock-in facilitates subscribers' access to tax benefits.
- Fund Performance: Canara Robeco ELSS Tax Saver Fund is an open-ended equity-linked savings scheme with a three-year statutory lock-in and tax benefit. The fund's annualized returns for the past three and five years have been around 12.11% and 18.61%, respectively.
- Minimum Investment Amount: The minimum lump sum required for the Canara Robeco ELSS Tax Saver Fund is ₹500; the minimum SIP is ₹500 for any date/monthly frequency and Rs. 1,000 for quarterly frequency.
5. Canara Robeco Ultra Short-Term Fund-Regular Plan-Growth
Canara Robeco Ultra Short-Term Fund is an open-ended ultra-short-term debt scheme investing in debt & money market instruments such that the portfolio‘s Macaulay duration is between 3 and 6 months. It aims to generate returns with relatively low interest rates and moderate credit risk.
- Fund Performance: Canara Robeco Ultra Short-Term Fund is an open-ended ultra-short-term debt scheme that invests in debt and money market instruments. The portfolio's Macaulay duration is between 3 and 6 months. The fund's annualized returns for the past three and five years have been around 5.78% and 4.84%, respectively.
- Minimum Investment Amount: The minimum lump sum required for the Canara Robeco Ultra Short-Term Fund is ₹500; the minimum SIP is ₹500 for any date/monthly frequency and Rs. 500 for quarterly frequency.
6. Canara Robeco Equity Hybrid Fund-Regular Plan-Growth
Canara Robeco Equity Hybrid Fund is an open-ended, aggressive hybrid scheme that invests predominantly in equity and equity-related instruments. Its goal is to generate long-term capital growth and/or income.
- Fund Performance: Canara Robeco Equity Hybrid Fund is an open-ended hybrid scheme that invests majorly in equity and equity-related instruments. The fund's annualized returns for the past three and five years have been around 10.98% and 14.46%, respectively.
- Minimum Investment Amount: The minimum lump sum required for the Canara Robeco Equity Hybrid Fund is ₹5000; the minimum SIP is ₹1000 for any date/monthly frequency and Rs. 2000 for quarterly frequency.
7. Canara Robeco Value Fund-Regular Plan-Growth
Canara Robeco Value Fund is an open-ended equity scheme following a value investment strategy. It targets to deliver long-term capital growth from a diversified portfolio of predominantly equity, focusing more on value stocks.
- Fund Performance: Canara Robeco Value Fund is an open-ended equity scheme following a value investment strategy. The fund's annualized returns for the past one and three years have been around 10.43% and 17.85%, respectively.
- Minimum Investment Amount: The minimum lump sum required for the Canara Robeco Value Fund is ₹5000; the minimum SIP is ₹1000 for any date/monthly frequency and Rs. 2,000 for quarterly frequency.
8. Canara Robeco Liquid Fund-Regular Plan-Growth
Canara Robeco Liquid Fund is an open-ended liquid scheme that aims to enhance income while maintaining liquidity through investment in a mix of debt securities and MMI.
- Fund Performance: Canara Robeco Liquid Fund is an open-ended scheme with a relatively low interest rate and credit risk. The fund's annualized returns for the past three and five years have been around 6.52% and 5.25%, respectively.
- Minimum Investment Amount: The minimum lump sum required for the Canara Robeco Liquid Fund is ₹5000; the minimum SIP is ₹1000 for any date/monthly frequency and Rs. 2000 for quarterly frequency.
9. Canara Robeco Flexi Cap Fund-Regular Plan-Growth
Canara Robeco Flexi Cap Fund is an open-ended dynamic equity scheme that invests in equity and equity-related securities across large-cap, mid-cap, and small-cap stocks.
- Fund Performance: Canara Robeco Flexi Cap Fund is an open-ended dynamic equity scheme investing in large, mid-sized, and small stocks. Its annualized returns for the past three and five years have been around 11.22% and 16.59%, respectively.
- Minimum Investment Amount: The minimum lump sum required for the Canara Robeco Flexi Cap Fund is ₹5000; the minimum SIP is ₹100 for any date/monthly frequency and Rs. 100 for quarterly frequency.
10. Canara Robeco Blue Chip Equity Fund-Regular Plan-Growth
Canara Robeco Blue Chip Equity Fund is an open-ended equity scheme that predominantly invests in companies with large market capitalisations. The fund aims to provide capital growth.
- Fund Performance: Canara Robeco Blue Chip Equity Fund is an open-ended equity scheme that invests mainly in large-cap stocks. Its annualized returns for the past three and five years have been around 12.43% and 16.42%, respectively.
- Minimum Investment Amount: The minimum lump sum required for the Canara Robeco Blue Chip Equity Fund is ₹5000; the minimum SIP is ₹100 for any date/monthly frequency and Rs. 100 for quarterly frequency.
Top Fund Managers
Below is the list of people who have made Canara Robeco Mutual Fund Investment a premier choice in a highly competitive market.
1. Shridatta Bhandwaldar
Shridatta Bhandwaldar has over 14 years of experience and is the head of equities at Canara Robeco Mutual Fund. He was the fund manager of equities with Canara Robeco Asset Management Company Ltd. from July 2016 to September 2019.
2. Avnish Jain
Avnish Jain is the head of fixed income at Canara Robeco MF. He has around 21 years of experience in Banking and asset Management and has been with Canara Robeco since September 2013. He manages funds such as CR Income, CR Corporate Bond Fund, Conservative Hybrid Fund, and CR Equity Hybrid Fund and is responsible for the overall performance of Fixed Income.
3. Amit Nadekar
Amit Nadekar is a Chartered Accountant who completed a Master's in Management Studies from Jamnalal Bajaj Institute of Management Studies. He has over 22+ years of experience and has been a senior fund manager at Canara Robeco Mutual Fund since August 2023.
4. Mr. Amit Kadam
Amit Kadam has over 20 years of extensive experience. At Canara Robeco AMC, he manages the Canara Robeco Conservative Hybrid Fund and Canara Robeco Focused Equity Fund. He is also a dedicated fund manager for overseas investments. Previously, he worked in equity research for organisations such as LIC Mutual Fund, Ray Equities Ltd., and Sykes.
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