| Launch date | 11 Nov 2022 |
| Allotment date | 02 Dec 2022 |
| End date | 25 Nov 2022 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.57%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Pranav GokhaleNov 2023 - PresentView details
Shridatta BhandwaldarNov 2022 - PresentView details
Fund house & investment objective
| Rank (total assets) | #18 in India |
|---|---|
| Total AUM | ₹1,18,147.54Cr |
| Date of Incorporation | 19 Dec 1987 |
|---|
Canara Robeco Mid Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 19 Dec 1987. Shridatta Bhandwaldar is the Current Fund Manager of Canara Robeco Mid Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,18,148 Cr and the Latest NAV as of 30 Sep 2025 is ₹17.65. The Canara Robeco Mid Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if redeemed within 1 year. ;
Investment Objective
The Scheme seeks to generate capital appreciation by investing predominantly in equity and equity related instruments of mid cap companies. ;
| Fund benchmark | BSE 150 MidCap Total Return Index |
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Fund house contact details
Peer Comparison
| Equity, Mid Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HDFC Mid Cap Fund Direct Growth | 5 | -1.4% | 26.3% | 83,104.83 |
Motilal Oswal Midcap Fund Direct Growth | 5 | -7.3% | 26.2% | 34,779.74 |
Nippon India Growth Mid Cap Fund Direct Growth | 4 | -2.9% | 25.8% | 38,385.96 |
Edelweiss Mid Cap Direct Plan Growth | 5 | -2.5% | 25.7% | 11,297.33 |
Sundaram Mid Cap Fund Direct Growth | 4 | -4.0% | 24.1% | 12,501.03 |