Overview
Canara Robeco Mid Cap Fund Direct Growth
Canara Robeco Mutual Fund
The Scheme seeks to generate capital appreciation by investing predominantly in equity and equity related instruments of mid cap companies.
Investments in Canara Robeco Mid Cap Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 15.85
Fund Size (AUM)
₹2608.37 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹1000
Launch Date
02-Dec-2022
Expense Ratio
0.65%
Exit Load
Exit load of 1% if redeemed within 1 year.
Benchmark
BSE 150 MidCap Total Return Index
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
-10.13%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 10.85% | N/A | N/A | N/A |
| Category Average | 9.96% | 18.68% | 30.26% | N/A |
| Rank Within Category | 20 | N/A | N/A | N/A |
Holdings (58)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Trent Ltd. | Services | Equity | 3.14% |
| The Phoenix Mills Ltd. | Construction | Equity | 3.05% |
| JK Cement Ltd. | Construction | Equity | 2.97% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 2.65% |
| UNO Minda Ltd. | Automobile | Equity | 2.61% |
| Indian Bank | Financial | Equity | 2.54% |
| Suzlon Energy Ltd. | Capital Goods | Equity | 2.4% |
| The Federal Bank Ltd. | Financial | Equity | 2.23% |
| NHPC Ltd. | Energy | Equity | 2.18% |
| Max Financial Services Ltd. | Financial | Equity | 2.13% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Motilal Oswal Midcap Fund Direct Growth | 26028.34 | 15.32 | 27.2 | 0.63 | N/A |
| HDFC Mid Cap Opportunities Fund Direct Growth | 72610.08 | 12.09 | 24.42 | 0.89 | N/A |
| Nippon India Growth Fund Direct Growth | 33174.74 | 16.36 | 24.03 | 0.74 | N/A |
| Kotak Emerging Equity Fund Direct Growth | 48128.71 | 14.62 | 19.26 | 0.46 | N/A |
| SBI Magnum Mid Cap Direct Plan Growth | 20890.26 | 10.35 | 17.97 | 0.83 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 1000
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 5, 15, 20, 25
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 5, 15, 20, 25
Min Amount: ₹ 1000
Min Installments: 6
AMC Details
Asset Management Company
Canara Robeco Mutual Fund
Canara Robeco Mutual Fund started their mutual fund on 19/12/1987 and its managing total assets of ₹11,895 Cr. Its ranked at 20 as per total assets at end of 30th Sep 2017. Canara Robeco Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Canara Robeco is a Asset management company is a joint venture between Canara Bank and Robeco, a Dutch asset management company. Canara Robeco is the second oldest mutual fund in the country and was started in December 1987 (As Canara Mutual Fund).
Canara Robeco Mutual Fund presents a wide variety of funds in various different categories such as equity, debt and hybrid and income. Being a trusted brand, it strongly believes in providing world class investment services to all its customers. As of June 2018, the Asset Under Management of the company is Rs.1,337,458.48.
The equity shareholding structure comprises of Canara Bank owning 51% shares and Robeco Group owning 49% shares. Being one of the oldest mutual fund companies, it has made its mark in the mutual fund industry through its constant and stable performance across different market capitalization.
Launch Date
1987-12-19T00:00:00.263Z
Total AUM
₹ 97703.54 Cr
Address
4th Floor - Construction House,5 - Walchand Hirachand Marg, Mumbai 400001
Phone
022-22621371/ 66585000 / 665850010
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Canara Robeco Mid Cap Fund Direct Growth
Canara Robeco Mutual Fund
You May Be Interested In
JM Small Cap Fund Direct Growth
Small Cap
Axis Nifty500 Momentum 50 Index Fund Direct Growth
Flexi Cap
Motilal Oswal BSE Enhanced Value Index Fund Direct Growth
Value Oriented
ICICI Prudential PSU Equity Fund Direct Growth
Thematic
Franklin India Opportunities Direct Fund Growth
Thematic
HDFC Dividend Yield Fund Direct Growth
Thematic
Axis Greater China Equity FoF Direct Growth
International
ICICI Prudential Manufacturing Fund Direct Growth
Thematic
DSP Natural Resources and New Energy Fund Direct Plan Growth
Thematic
HDFC NIFTY Realty Index Fund Direct Growth
Thematic
Explore More Mutual Funds
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Small Cap Equity Funds
Find top small cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Multi Cap Equity Funds
Find top multi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Flexi Cap Equity Funds
Find top flexi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Liquid Debt Funds
Find top liquid debt funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Canara Robeco Mid Cap Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Canara Robeco Mid Cap Fund Direct Growth?
The top stocks held by Canara Robeco Mid Cap Fund Direct Growth include Trent Ltd., The Phoenix Mills Ltd., JK Cement Ltd..
Which industries does Canara Robeco Mid Cap Fund Direct Growth invest in?
Canara Robeco Mid Cap Fund Direct Growth primarily invests in the following industries: Services, Construction, Healthcare.
Who are the fund managers of Canara Robeco Mid Cap Fund Direct Growth?
The fund managers of Canara Robeco Mid Cap Fund Direct Growth are Pranav Gokhale and Shridatta Bhandwaldar.
How many years has the fund manager been managing Canara Robeco Mid Cap Fund Direct Growth?
Pranav Gokhale:
Calculating...
Shridatta Bhandwaldar:
Calculating...
What is the minimum investment for Canara Robeco Mid Cap Fund Direct Growth?
The minimum investment for Canara Robeco Mid Cap Fund Direct Growth is ₹5000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for Canara Robeco Mid Cap Fund Direct Growth?
Calculating...
What are the average 3-year returns for Canara Robeco Mid Cap Fund Direct Growth?
Calculating...
What is the expense ratio of Canara Robeco Mid Cap Fund Direct Growth, and how does it compare to its category?
The expense ratio of Canara Robeco Mid Cap Fund Direct Growth is 0.65%. The average expense ratio for similar funds in the Equity is Calculating....