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 2024, it manages an AuM of Rs. 87069.50 Cr.
In the year 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 22 branches throughout India. As of May 2022, it has an asset under the management of Rs. 47955.87 crores.
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
Canara Robeco Value Fund | Equity | Very High | 32.5% | 5 | ₹1,342 |
Canara Robeco Infrastructure Fund | Equity | Very High | 55.5% | 4 | ₹883 |
Canara Robeco Small Cap Fund | Equity | Very High | 30.9% | 4 | ₹12,590 |
Canara Robeco Equity Tax Saver Fund | Equity | Very High | 11.6% | 4 | ₹6,041 |
Canara Robeco Focused Equity Fund | Equity | Very High | 36.6% | 4 | ₹2,647 |
Canara Robeco Bluechip Equity Fund | Equity | Very High | 31.5% | 4 | ₹15,311 |
Canara Robeco Conservative Hybrid Fund | Hybrid | Moderately High | 14.0% | 4 | ₹978 |
Canara Robeco Liquid Fund | Debt | Low to Moderate | 7.5% | 4 | ₹2,817 |
Canara Robeco Consumer Trends Fund | Equity | Very High | 29.8% | 3 | ₹1,849 |
Canara Robeco Emerging Equities Fund | Equity | Very High | 36.5% | 3 | ₹25,507 |
Canara Robeco ELSS Tax Saver Fund | Equity | Very High | 31.0% | 3 | ₹9,255 |
Canara Robeco Flexi Cap Fund | Equity | Very High | 30.4% | 3 | ₹13,712 |
Canara Robeco Equity Hybrid Fund | Hybrid | Very High | 25.8% | 3 | ₹11,278 |
Canara Robeco Short Term Fund | Debt | Moderately Low | 5.9% | 3 | ₹108 |
Canara Robeco Gilt Fund | Debt | Moderate | 9.9% | 3 | ₹120 |
| View All |
| Mutual fund name | Canara Robeco Mutual Fund | |||||
| Asset management company name | Canara Robeco Asset Management Company Limited | |||||
| AMC Setup Date | 19 December 1987 | |||||
| AMC Incorporation Date | 2 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) | Ms. A. Manimekhalai (Associate Trustee) | Mr. Jai Diwanji (Associate 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. 46924.15 Cr. |
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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.
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.
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The Canara Robeco Value Fund comes under the Equity category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Value Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,342Cr |
| 1Y Returns | 32.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 29.8% & 30.24%. The Canara Robeco Infrastructure Fund comes under the Equity category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Infrastructure Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹883Cr |
| 1Y Returns | 55.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 22.27% & 35.37%. The Canara Robeco Small Cap Fund comes under the Equity category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Small Cap Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹12,590Cr |
| 1Y Returns | 30.9% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 20.32% & 18.56%. The Canara Robeco Equity Tax Saver Fund comes under the Equity category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Equity Tax Saver Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹6,041Cr |
| 1Y Returns | 11.6% |
Fund Performance: The Canara Robeco Focused Equity Fund comes under the Equity category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Focused Equity Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,647Cr |
| 1Y Returns | 36.6% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 14.87% & 19.54%. The Canara Robeco Bluechip Equity Fund comes under the Equity category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Bluechip Equity Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹15,311Cr |
| 1Y Returns | 31.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.7% & 10.58%. The Canara Robeco Conservative Hybrid Fund comes under the Hybrid category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Conservative Hybrid Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹978Cr |
| 1Y Returns | 14.0% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.35% & 5.23%. The Canara Robeco Liquid Fund comes under the Debt category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Liquid Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,817Cr |
| 1Y Returns | 7.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 18.09% & 21.8%. The Canara Robeco Consumer Trends Fund comes under the Equity category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Consumer Trends Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,849Cr |
| 1Y Returns | 29.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 16.5% & 22.77%. The Canara Robeco Emerging Equities Fund comes under the Equity category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Emerging Equities Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹25,507Cr |
| 1Y Returns | 36.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 15.22% & 22.07%. The Canara Robeco ELSS Tax Saver Fund comes under the Equity category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco ELSS Tax Saver Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹9,255Cr |
| 1Y Returns | 31.0% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 14.24% & 20.12%. The Canara Robeco Flexi Cap Fund comes under the Equity category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Flexi Cap Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹13,712Cr |
| 1Y Returns | 30.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 13.74% & 17.34%. The Canara Robeco Equity Hybrid Fund comes under the Hybrid category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Equity Hybrid Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹11,278Cr |
| 1Y Returns | 25.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.27% & 7.79%. The Canara Robeco Short Term Fund comes under the Debt category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Short Term Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹108Cr |
| 1Y Returns | 5.9% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.32% & 6.45%. The Canara Robeco Gilt Fund comes under the Debt category of Canara Robeco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Canara Robeco Gilt Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹120Cr |
| 1Y Returns | 9.9% |
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