Canara Robeco Mutual Fund

Canara Robeco Asset Management Company Ltd. (CRAMC) or Canara Robeco Mutual Fund is a joint venture between the now defunct Canbank Mutual Fund and Robeco Groep N.V.

Canbank Mutual Fund

Established in 1987, Canbank Mutual Fund was the asset management company (AMC) of Canara Bank. It is the second oldest mutual fund in India.

Robeco Groep N.V.

Robeco Groep N.V. is a multinational asset management company established back in 1929. It was initially the asset management arm of Rabobank, a Dutch multinational banking and financial services company. Cooperation between the two firms began as early as 1990. Rabobank eventually acquired Robeco in 2001.

In 2013, Orix Europe, bought 90.01% shares of Robeco from Rabobank at an estimated $2.7 billion. The former purchased the remaining 9.99% shares in 2016. Orix Europe is part of Orix Corporation, a Japanese financial services group.

Robeco Groep N.V. currently has 15 offices globally and employs more than 900 individuals. As of March 2019, it manages an AuM of €179 billion.

As of FY 2017-18, Robeco Groep N.V. has a net revenue of €582.6 million, an profit before tax of €109.9 million, and a profit after tax of €87.5 million.

Canara Robeco Asset Management Company Ltd. (CRAMC)

In 2007, Canbank Mutual Fund offloaded 49% of its stake to Netherlands-based investment management firm Robeco Groep N.V. for Rs. 115 Crore to form the Canara Robeco Asset Management Company Ltd. (CRAMC).

The company offers a wide range of investment options like hybrid and monthly income funds, numerous debt and treasury funds, and thematic and diversified equity schemes.

As of FY 2017-18 the AMC has a net income of Rs. 10915.37 Lakh, a profit before tax of Rs. 3240.56 Lakh and a profit after tax of Rs. 2270.50 Lakh.

The AMC has 20 branches throughout India. As of May 2019, it has 9 Lakh investors, offers around 64 schemes, and has an asset under management of Rs. 16,226.07 Crore.

Key information

Mutual fundCanara Robeco Mutual Fund
Asset management companyCanara Robeco Asset Management Company Ltd. (CRAMC)
Set up19 December 1987
Incorporated2 March 1993
SponsorsCanara Bank Robeco Groep N.V.
Name of trusteesJ. Balasubramanian (Independent Trustee)Ms. A. Manimekhalai (Associate Trustee)Mr. Jai Diwanji (Associate Trustee)Sunit Vasant Joshi (Independent Trustee)Deveshwar Kumar Kapila (Independent Trustee)Sumit M. Chadha (Independent Trustee)
MD and CEOMr. Rajnish Narula
Investor Service OfficerMr. M. Paparao
Compliance OfficerMr. Ashutosh Vaidya

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How can you invest in Canara Robeco Mutual Funds?

You can invest in Canara Robeco Mutual Fund online by following the few simple steps mentioned below:

Step 1. Log-in to your Groww account or register yourself to create a new one.

Step 2. Upload your photo identity proof documents (Voter ID, Passport, PAN, Aadhaar, Driving License, Central or State Government ID card, etc.).

Step 3. Upload your proof of address documents (any identity KYC document with your permanent address, etc.).

Step 4. Choose how long you want to interest your funds.

Step 5. Choose from the risk level provided (low, mid, or high).

Step 6. Select the Canara Robeco Mutual Fund you want to invest in.

Step 7. Click on “Invest One Time” is you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.

The Canara Robeco Mutual Fund in India you have purchased will appear in your Groww account within 3 to 4 working days.

Top Performing Canara Robeco Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Canara Robeco Emerging EquitiesEquityModerately High9.7%5star4,980
Canara Robeco Consumer Trends FundEquityHigh22.5%4star354
Canara Robeco Bluechip Equity FundEquityModerately High17.4%4star238
Canara Robeco Equity Tax SaverEquityModerately High14.3%4star965
Canara Robeco Equity Debt Allocation FundHybridModerately High13.6%4star2,607
Canara Robeco Equity DiversifiedEquityModerately High14.1%4star1,438
Canara Robeco Savings FundDebtModerately Low9.0%4star1,061
Canara Robeco Small Cap FundEquityModerately HighN.A4star330
Canara Robeco Income SchemeDebtModerate13.0%4star107
Canara Robeco Income Saver Fund HybridModerately High12.7%3star204
Canara Robeco Dynamic Bond FundDebtModerate10.9%3star109
Canara Robeco Corporate Bond FundDebtModerate11.2%3star183
Canara Robeco Short Duration FundDebtModerate10.1%3star420
Canara Robeco Ultra Short Term FundDebtLow7.3%3star169
Canara Robeco Gilt FundDebtModerate12.2%3star83
View All Top Performing Canara Robeco Mutual Funds

Top Fund Managers

1. Ms. Suman Prasad

Ms. Suman Prasad has been associated with Canara Robeco Mutual Fund since 1977. She manages an AuM of Rs. 5,152 Crore invested in 30 schemes like Canara Robeco Short Duration Fund, Canara Robeco Savings Fund, Canara Robeco Liquid Fund, Canara Robeco Ultra Short Term Fund, Canara Robeco Short Duration Fund, Canara Robeco Savings Fund, etc.

She has a MBA in Finance degree from the SDM Institute for Management Development.

2. Mr. Shridatta Bhandwaldar

Mr. Shridatta Bhandwaldar serves as the Fund Manager of Equities at Canara Robeco Asset Management Company Ltd. since 2016. He manages an AuM of Rs. 5,255 Crore invested in 12 schemes like Canara Robeco Equity Diversified Fund, Canara Robeco Bluechip Equity Fund, Canara Robeco Infrastructure Fund, Canara Robeco Equity Hybrid Fund, etc.

He initially began his career as an Equity Analyst at MF Global Securities back in 2006. In 2008, he joined Motilal Oswal Financial Services Ltd. as an Equity Analyst. A year later, he moved to Heritage Capital as a Senior Equity Analyst. He became the Portfolio Manager at SBI Pension Fund in 2012 before financial joining Canara Robeco.

Mr. Bhandwaldar is a Mechanical Engineer from the Government College of Engineering, Aurangabad. He also holds an MMS in Finance from the Sydenham Institute of Management.

3. Mr. Miyush Gandhi

Mr. Miyush Gandhi is the current Fund Manager of Emerging Equities at Robeco Canara Mutual Fund since 2018. He manages an AuM of Rs. 5,700 Crore invested in 8 schemes like Canara Robeco Emerging Equities Fund, Canara Robeco Conservative Hybrid Fund, etc.

Earlier, he served as the Senior Research Analyst of Equities at SBI Life Insurance Co. Ltd. in 2008. He became the Fund Manager of the same firm in 2015.

Mr. Gandhi holds an MBA in Capital Markets degree from the Narsee Monjee Institute of Management Studies (NMIMS).

4. Ms. Cheenu Gupta

Ms. Cheenu Gupta joined Canara Robeco Asset Management Company Ltd. as a Fund Manager of Equities in 2018. She manages an AuM of Rs. 2,192 Crore invested in 9 schemes like Canara Robeco Consumer Trends Fund, Canara Robeco Equity Tax Saver Fund, etc.

She began her career as a Software Engineer at Patni Computer Services in 2003. In 2006, she joined UTI Mutual Fund as an Equity Research Analyst. A year later, she joined ING Investment Management India Private Ltd. as an Equity Research Analyst. Ms. Gupta then moved to Tata AIA Life Insurance as a Senior Equity Research Analyst in 2009. She was promoted to Assistant Equity Fund Manager in 2012. In 2014, she received the position of Fund Manager of Equities and Assistant Vice President of Investments.

Ms. Cheenu Gupta holds a BE in Information Technology degree from the Vivekanand Education Society's Institute of Technology (VESIT) and a PGDBM in Finance degree from the S. P. Jain Institute of Management and Research (SPJIMR). She is also a Chartered Financial Analyst (CFA).

5. Mr. Abhinav Khandelwal

Mr. Abhinav Khandelwal is currently the Fund Manager of Offshore Investments at Canara Robeco Mutual Fund since 2018.

Mr. Khandelwal initially worked with Systematix Shares & Stocks India Ltd. as a Senior Research Analyst back in 2006. He moved to Aegon Life as an Assistant Fund Manager of Equities in 2010 before joining Canara Robeco.

6. Mr. Girish Hisaria

Mr. Girish Hisaria has been with Canara Robeco Asset Management Company Ltd. as a Senior Fund Manager since 2014. He holds a B.Com degree and an MMS in Finance degree from the University of Mumbai.

Mr. Girish Hisaria manages an AuM of Rs. 2,355 Crore invested in 28 schemes like Canara Robeco Gilt Fund, Canara Robeco Dynamic Bond Fund, Canara Robeco Savings Fund, Canara Robeco Liquid Fund, Canara Robeco Ultra Short Term Fund, etc.

He served as a Senior Dealer at Darashaw in 2003. In 2005, he joined JM Financial as a Fund Manager.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Canara Robeco Emerging Equities Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Large & Mid Cap segment. It has given a commendable 12.81% annual returns in the last three years. In the previous year, it delivered 9.65% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹0
AUM4,980Cr
1Y Returns9.7%

Canara Robeco Consumer Trends Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Sectoral/Thematic segment. It has given a commendable 16.64% annual returns in the last three years. In the previous year, it delivered 22.53% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹0
AUM354Cr
1Y Returns22.5%

Canara Robeco Bluechip Equity Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Large Cap segment. It has given a commendable 15.05% annual returns in the last three years. In the previous year, it delivered 17.36% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹0
AUM238Cr
1Y Returns17.4%

Canara Robeco Equity Tax Saver Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in ELSS segment. It has given a commendable 13.33% annual returns in the last three years. In the previous year, it delivered 14.3% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹0
AUM965Cr
1Y Returns14.3%

Canara Robeco Equity Hybrid Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Aggressive segment. It has given a commendable 11.89% annual returns in the last three years. In the previous year, it delivered 13.55% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹0
AUM2,607Cr
1Y Returns13.6%

Canara Robeco Equity Diversified Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Multi Cap segment. It has given a commendable 14.49% annual returns in the last three years. In the previous year, it delivered 14.06% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹0
AUM1,438Cr
1Y Returns14.1%

Canara Robeco Savings Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Ultra Short Duration segment. It has given a commendable 7.52% annual returns in the last three years. In the previous year, it delivered 8.98% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹0
AUM1,061Cr
1Y Returns9.0%

Canara Robeco Small Cap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Small Cap segment. It has given a commendable NA annual returns in the last three years. In the previous year, it delivered NA returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹0
AUM330Cr
1Y ReturnsNA

Canara Robeco Income Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Medium to Long Duration segment. It has given a commendable 7.58% annual returns in the last three years. In the previous year, it delivered 12.96% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹0
AUM107Cr
1Y Returns13.0%

Canara Robeco Conservative Hybrid Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Conservative segment. It has given a commendable 8% annual returns in the last three years. In the previous year, it delivered 12.73% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹0
AUM204Cr
1Y Returns12.7%

Canara Robeco Dynamic Bond Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Dynamic segment. It has given a commendable 6.76% annual returns in the last three years. In the previous year, it delivered 10.87% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹0
AUM109Cr
1Y Returns10.9%

Canara Robeco Corporate Bond Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Corporate Bond segment. It has given a commendable 7.42% annual returns in the last three years. In the previous year, it delivered 11.23% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹0
AUM183Cr
1Y Returns11.2%

Canara Robeco Short Duration Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Short Duration segment. It has given a commendable 7.97% annual returns in the last three years. In the previous year, it delivered 10.11% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹0
AUM420Cr
1Y Returns10.1%

Canara Robeco Ultra Short Term Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Ultra Short Duration segment. It has given a commendable 6.81% annual returns in the last three years. In the previous year, it delivered 7.34% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹0
AUM169Cr
1Y Returns7.3%

Canara Robeco Gilt Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Gilt segment. It has given a commendable 7.32% annual returns in the last three years. In the previous year, it delivered 12.16% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹0
AUM83Cr
1Y Returns12.2%

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