Best Performing Canara Robeco Mutual Funds in 2022

Canara Robeco Mutual Fund was launched in December 1987 as Canbank Mutual Fund, making it the second-oldest mutual fund in India. Consequently, in 2007, Canara Bank teamed with Robeco (now a division of Japan’s ORIX Corporation), and the mutual fund was renamed Canara Robeco Mutual Funds. Since then, it has regularly been one of the AMC in India with the quickest growth in terms of AUM. Canara Robeco’s investing options include diverse and thematic stock schemes, hybrid and monthly income funds, and a vast array of debt and treasury instruments.

 

 

Best Canara Robeco Mutual Fund Schemes to Invest. (as per 3-Year Return)

 

Scheme	3-Year Return	AUM (INR) (Cr)
Canara Robeco Small Cap Fund	39.98%	4,161.05
Canara Robeco Infrastructure Fund	24.93%	249.92
Canara Robeco Equity Tax Saver Fund	22.24%	4,480.87
Canara Robeco Emerging Equities Fund	21.68%	15,553.98
Canara Robeco Consumer Trends Fund	20.40%	957.92
Canara Robeco Flexi Cap Fund	19.41%	8,747.17
Canara Robeco Bluechip Equity Fund	18.56%	8,654.13

Source: AMFI (data as of 22/11/2022)

 

Closer Look at Top Equity Canara Robeco Mutual Funds (as per 3-Year Return)

 

• Canara Robeco Small Cap Fund

 

Canara Robeco Mutual Fund’s Canara Robeco Small Cap Fund Direct-Growth is a Small Cap mutual fund. This fund has existed for three years and nine months, having been established on January 25, 2019. As of 16th November 2022, Canara Robeco Small Cap Fund Direct-Growth has INR 4,161.05 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund’s expense ratio of 0.39% is lower than that of the majority of other Small Cap funds.

 

• One year return for Canara Robeco Small Cap Fund Direct-Growth was 7.42%. Since its inception, it has generated average yearly returns of 29.24%. Every two years, the fund has quadrupled the money put in it.

 

• The majority of the fund’s assets are invested in the Services, Financial, Capital Goods, Materials, and Chemicals industries. It has less exposure to the Services and Financial sectors than other funds in the same category.

 

• City Union Bank Ltd., Cera Sanitaryware Ltd., Kei Industries Ltd., Schaeffler India Ltd., and Indian Hotels Co. Ltd. are the top five holdings of the fund.

 

• Canara Robeco Infrastructure Fund

 

Canara Robeco Infrastructure Direct-Growth is a Sectoral-Infrastructure mutual fund. This fund has existed for 9 years and 10 months, having been established on 01/01/2013. As of 16th November 2022, Canara Robeco Infrastructure Direct-Growth has INR 249.92 Crores in assets under management (AUM) and is a medium-sized fund within its category. The expense ratio of 1.33 percent is comparable to that of the majority of other sector-infrastructure funds.

 

• The one-year returns for Canara Robeco Infrastructure Direct-Growth were 9.26%. Since inception, it has generated average annual returns of 14.91 percent. Every three years, the fund has doubled the money invested in it.

 

• The majority of the fund’s assets are invested in the Capital Goods, Construction, Energy, Financial, Metals & Mining, and Financial sectors. It has less exposure to the Capital Goods and Construction industries than other funds in its category.

 

• Larsen & Toubro Ltd., Bharat Electronics Ltd., ICICI Bank Ltd., Siemens Ltd., and Schaeffler India Ltd. are the top five holdings of the fund.

 

• Canara Robeco Equity Tax Saver Fund

 

Canara Robeco Equity Tax Saver Direct-Growth is an Equity-Linked Savings Scheme (ELSS) mutual fund from Canara Robeco Mutual Fund. This fund has existed for 9 years and 10 months, having been established on 01/01/2013. As of 16th November 2022, Canara Robeco Equity Tax Saver Direct-Growth has INR 4,480.87 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund’s expense ratio of 0.6% is lower than the expense ratios of the majority of other ELSS funds.

 

• Last year, Canara Robeco Equity Tax Saver Direct-Growth returns were -0.07%. Since its inception, it has generated average yearly returns of 15.90%. Every three years, the fund has doubled the money invested in it.

 

• The majority of the fund’s assets are invested in the Financial, Technology, Automobile, Capital Goods, and Healthcare industries. It has less exposure to the Financial and Technology sectors than other funds in the same category.

 

• ICICI Bank Ltd., Infosys Ltd., HDFC Bank Ltd., Reliance Industries Ltd., and Axis Bank Ltd. are the top five holdings of the fund.

 

• Canara Robeco Bluechip Equity Fund

 

Canara Robeco Mutual Fund’s Canara Robeco Bluechip Equity Fund Direct-Growth is a Large Cap mutual fund. This fund has existed for 9 years and 10 months, having been established on 01/01/2013. As of 16th November 2022, Canara Robeco Bluechip Equity Fund Direct-Growth has an AUM of 8,548 Crores and is a medium-sized fund in its category. The fund’s expense ratio of 0.38% is comparable to that of most other Large Cap funds.

 

• The one-year returns for the Canara Robeco Bluechip Equity Fund Direct-Growth were 0.36 percent. Since inception, it has generated average yearly returns of 14.87 percent. Every three years, the fund has doubled the money invested in it.

 

• The majority of the fund’s assets are allocated to the Financial, Technology, Consumer Staples, Energy, and Automobile sectors. It has less exposure to the Financial and Technology sectors than other funds in the same category.

 

• ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., Reliance Industries Ltd., and Axis Bank Ltd. are the top five holdings of the fund.

 

• Canara Robeco Emerging Equities Fund

 

Canara Robeco Emerging Equities Fund Direct-Growth is a plan of Canara Robeco Mutual Fund’s Large & MidCap mutual fund. This fund has existed for 9 years and 10 months, having been established on 01/01/2013. As of 16th November 2022, Canara Robeco Emerging Equities Fund Direct-Growth has INR 15,553.98 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund’s expense ratio of 0.58% is lower than that of the majority of other Large & Midcap funds.

 

• The one-year returns for the Canara Robeco Emerging Equities Fund Direct-Growth were -1.08%. Since its inception, it has generated average annual returns of 21.05%. Every three years, the fund has doubled the money invested in it.

 

• The majority of the fund’s assets are invested in the Financial, Automobile, Services, Healthcare, and Technology industries. It has less exposure to the Financial and Automotive sectors than other funds in its category.

 

• ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., Reliance Industries Ltd., and State Bank of India are the top five holdings of the fund.

 

• Canara Robeco Consumer Trends Fund

 

Canara Robeco Consumer Trends Fund Direct-Growth is a Canara Robeco Mutual Fund Thematic-Consumption mutual fund scheme. This fund has existed for 9 years and 10 months, having been established on 01/01/2013. As of 16th November 2022, Canara Robeco Consumer Trends Fund Direct-Growth has INR 957.92 Crores in assets under management (AUM) and is a medium-sized fund within its category. The expenditure ratio of 1.0% is comparable to that of the majority of Thematic-consumption funds.

 

• The one-year returns for the Canara Robeco Consumer Trends Fund Direct-Growth were 4.26 percent. Since its inception, it has generated average yearly returns of 17.23%. Every three years, the fund has doubled the money invested in it.

 

• The majority of the fund’s assets are allocated to the Financial, Consumer Staples, Automobile, Services, and Consumer Discretionary sectors. It has less exposure to the Financial and Consumer Staples sectors than other funds in its category.

 

• ICICI Bank Ltd., ITC Ltd., Hindustan Unilever Ltd., Maruti Suzuki India Ltd., and Axis Bank Ltd. are the top five holdings of the fund.

 

• Canara Robeco Flexi Cap Fund

 

This fund has existed for 9 years and 10 months, having been established on 01/01/2013. As of 16th November 2022, Canara Robeco Flexi Cap Fund Direct-Growth has an AUM of 8,747.17 Crores and is a medium-sized fund within its category. The fund’s expense ratio of 0.49% is lower than that of the majority of other Multi Cap funds.

 

• The one-year returns for the Canara Robeco Flexi Cap Fund Direct-Growth were -1.50%. Since its inception, it has generated average annual returns of 14.65%. Every three years, the fund has doubled the money invested in it.

 

• The majority of the fund’s assets are invested in the Financial, Technology, Energy, Capital Goods, and Healthcare industries. It has less exposure to the Financial and Technology sectors than other funds in the same category.

 

• ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., Reliance Industries Ltd., and Axis Bank Ltd. are the top five holdings of the fund.

 

• Canara Robeco Bluechip Equity Fund

 

Canara Robeco Mutual Fund’s is a Large Cap mutual fund. This fund has existed for 9 years and 10 months, having been established on 01/01/2013. As of 16th November 2022, Canara Robeco Bluechip Equity Vehicle Direct-Growth has an AUM of INR 8,654.13 Crores and is a medium-sized fund in its category. The fund’s expense ratio of 0.38% is comparable to that of most other Large Cap funds.

 

• The one-year returns for the Canara Robeco Bluechip Equity Fund Direct-Growth were 0.36 percent. Since inception, it has generated average yearly returns of 14.87 percent. Every three years, the fund has doubled the money invested in it.

 

• The majority of the fund’s assets are allocated to the Financial, Technology, Consumer Staples, Energy, and Automobile sectors. It has less exposure to the Financial and Technology sectors than other funds in the same category.

 

• ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., Reliance Industries Ltd., and Axis Bank Ltd. are the top five holdings of the fund.

 

Top Canara Robeco Mutual Fund Managers

 

• Mr Shirdatta Bhandwaldar

Mr. Bhandwaldar is the Equity Head at Canara Robeco Asset Management Company Ltd. He  has fourteen years of experience. Since July 2016, he has been affiliated with Canara Robeco AMC limited. Prior to joining Canara Robeco AMC Limited, Mr. Bhandwaldar worked for SBI Pension Funds Private Limited as the Head of Research and Portfolio Manager. Additionally, he has held the positions of Senior Equity Analyst at Heritage India Advisory Pvt Ltd, Research Analyst at Motilal Oswal Securities, and Research Associate at MF Global Securities.

 

• Ms. Cheenu Gupta

Fund Manager at Canara Robeco Asset Management Company Ltd. She worked as a Research Analyst for UTI mutual fund from May 2006 to September 2007 and as a Senior Research Analyst at ING Investment Management between September 2007 and August 2009. She was also an Equity Fund Manager at Tata AIA Life Insurance.

 

• Mr. Sanjay Bembalkar

Mr. Bembalkar is the Equities Fund Manager for Canara Robeco Asset Management Company Limited. He holds a Bachelor of Commerce and a Master of Science in Accounting and Finance. In addition, he holds ACA and CFA Charters. He has 12 years of experience overall. Since December 2019, he has been associated with Canara Robeco AMC Limited. Prior to joining Canara Robeco, he worked for LIC Mutual Fund Asset Management Ltd., Quantum Advisors Pvt. Ltd., and Autonomous LLP as an Intern Analyst.

 

• Mr. Abhinav Khandelwal 

Mr. Khandelwal serves as the Offshore Fund Manager at Canara Robeco Asset Management Company Ltd. He also has fourteen years of experience. Since June 2018, he has been linked with Canara Robeco. Prior to joining Canara Robeco AMC Limited, he managed Asian Market Securities, Systematic Shares, and Stocks at Aegon Life Insurance.

 

• Mr. Vishal Mishra

Mr. Mishra is a manager of equity funds at Canara Robeco. Additionally, he has more than 18 years of experience in stocks and financial markets. Before joining Canara Robeco in May 2021, he held positions at Daiwa Portfolio Advisory (India) Private Ltd., Daiwa Asset Management (India) Pvt. Ltd., and Shinsei Asset Management (India) Pvt. Ltd. He is both an Associate Chartered Accountant and a Bachelor of Commerce holder.

 

• Mr Miyush Gandhi

Mr. Gandhi is the Manager of Funds for Canara Robeco Asset Management Company Limited. He also holds a master’s degree in business administration and a bachelor’s degree in commerce. In addition, he has a total of ten years of experience. Prior to joining Canara Robeco, he worked as a Research Analyst at SBI Life Insurance Company Ltd. from August 2008 to March 2015 and as a Research Analyst from April 2015 to February 2018.

 

• Mr. Avnish Jain

Mr. Jain is the Fixed Income Head for Canara Robeco Asset Management Company Limited. IIM, Kolkata granted him a postgraduate diploma in management. In addition, he has over 21 years of experience in Banking and Asset Management. Since 2013, he has been affiliated with Canara Robeco AMC Limited. Before joining Canara Robeco AMC Limited, he was the Fund Manager of CR Income and Medium Term and the Co-Fund Manager of MIP, IndiGo, Gold FoF, and Gold ETF. Currently, he is accountable for Fixed Income’s overall performance. He is also responsible for the adoption of macro perspectives and diverse trading methods.

 

How to Invest in Canara Robeco Mutual Funds?

 

• Online

 

• Download the form and submit it to Canara Robeco Mutual Funds or Kfintech branches.
• Consult a competent Mutual Fund Distributor (MFD)

 

• Online

Before investing in mutual funds, all KYC procedures must be completed. Not all mutual funds would permit online investment by new investors. A client must visit the website of the Mutual Fund Company or AMC and register online in order to invest in mutual funds online. 

 

• You can invest online using Canara Robeco’s official website.
• Through Mobile App, you can invest. Download the “Canara Robeco Mutual Fund App” from either the Google Play or Apple App stores.

 

How to Invest in Canara Robeco Mutual Funds via Kuvera?

 

You can invest in Canara Robeco direct mutual funds through Kuvera and avoid paying commissions. It is the best platform to invest in mutual funds as it is 100% free and helps you find the right investment for your life goals. 

To invest in mutual funds via Kuvera, follow the given steps:

 

Step 1: Sign up at www.kuvera.in. 

Step 2: Complete the KYC requirements and link your bank account.

Step 3: Click on MF in the Explore section to choose mutual funds for investment. 

 

How to Download Canara Robeco Mutual Fund Investment Statement?

 

• Investors who have registered their email address with mutual funds serviced by KARVY, CAMS, FTAMIL, and SBFS can obtain a consolidated PDF Account Statement via email.

 

• You can receive your Account Statement via your registered e-mail address on the official Canara Robeco mutual fund website by entering your Folio Number and transaction period.

 

FAQ

 

• Are Canara Robeco mutual funds safe to invest in?

Canara Robeco Mutual Funds is one of the largest Asset Management Companies (AMCs) governed by SEBI in the country. Regarding safety, it will depend on how you define the term. When it comes to market-linked assets such as mutual funds, no AMC can guarantee your capital’s safety. It is prudent to evaluate and select a fund that meets your needs.

 

• What are Small Cap funds?

Small cap funds are mutual funds that, per Securities and Exchange Board of India (SEBI) laws, must invest at least 65 percent of their assets in equities of small cap companies. Small cap companies are rated from 251st onwards in terms of market capitalisation.

 

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