Canara Robeco Asset Management Company Ltd. (CRAMC), also known as 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, was the asset management arm of Canara Bank and is the second oldest mutual fund in India. Robeco Groep N.V., founded in 1929, is a global asset management company and was initially part of Rabobank, a Dutch multinational bank. The partnership between Robeco and Canbank Mutual Fund dates back to 1990, with Rabobank acquiring Robeco in 2001. Later, in 2013, Orix Europe purchased a 90.01% stake in Robeco for $2.7 billion and acquired the remaining shares in 2016. Orix Europe is a subsidiary of Orix Corporation, a Japanese financial services conglomerate. Today, Robeco Groep N.V. operates in 15 offices worldwide, employing over 900 people. By March 2024, it manages assets worth ₹87,069.50 crore. In FY 2017-18, the company reported net revenues of €582.6 million, a pre-tax profit of €109.9 million, and a post-tax profit of €87.5 million. In 2007, Canbank Mutual Fund sold a 49% stake to Robeco Groep N.V. for ₹115 crore, forming Canara Robeco Asset Management Company Ltd. (CRAMC). CRAMC offers a variety of investment options, including hybrid and monthly income funds, various debt and treasury funds, and a range of equity schemes, both thematic and diversified. For FY 2017-18, CRAMC reported a net income of ₹10,915.37 lakh, with a pre-tax profit of ₹3,240.56 lakh and a post-tax profit of ₹2,270.50 lakh. The company operates 22 branches across India and, as of May 2022, manages assets worth ₹47,955.87 crore.
Fund Name
Rating
1Y Return
3Y Return
Fund Size (in Cr)
Canara Robeco Infrastructure Direct Plan Growth
4
34.77%
28.25%
₹871.76 Cr
Canara Robeco Value Fund Direct Growth
4
17.85%
21.52%
₹1248.91 Cr
Canara Robeco Small Cap Fund Direct Growth
4
21.48%
20.54%
₹12543.87 Cr
Canara Robeco Consumer Trends Fund Direct Plan Growth
NA
19.69%
17.83%
₹1751.32 Cr
Canara Robeco Focused Equity Fund Direct Growth
4
24.51%
16.81%
₹2554.99 Cr
Canara Robeco Emerging Equities Direct Plan Growth Option
4
26.15%
15.90%
₹24886.60 Cr
Canara Robeco ELSS Tax Saver Direct Plan Growth Option
4
17.96%
13.98%
₹8817.34 Cr
Canara Robeco Bluechip Equity Fund Direct Plan Growth
5
18.85%
13.83%
₹14799.00 Cr
Canara Robeco Flexi Cap Fund Direct Plan Growth Option
4
18.07%
13.01%
₹12804.68 Cr
Canara Robeco Equity Hybrid Fund Direct Plan Growth
4
15.61%
12.55%
₹10747.36 Cr
Canara Robeco Conservative Hybrid Fund Direct Plan Growth Option
4
11.25%
8.56%
₹951.54 Cr
Canara Robeco Gilt Fund Direct Plan Growth option
4
10.05%
6.67%
₹138.66 Cr
Canara Robeco Liquid Direct Plan Growth
NA
7.43%
6.51%
₹3196.95 Cr
Canara Robeco Dynamic Bond Fund Direct Plan Growth
4
9.39%
6.51%
₹125.23 Cr
Canara Robeco Savings Fund Direct Plan Growth Option
4
7.70%
6.44%
₹982.80 Cr
Canara Robeco Income Fund Direct Plan Growth Option
4
9.40%
6.30%
₹120.61 Cr
Canara Robeco Ultra Short Term Fund Direct Plan Growth option
4
7.39%
6.28%
₹582.59 Cr
Canara Robeco Corporate Bond Fund Direct Growth
4
8.29%
6.19%
₹133.09 Cr
Canara Robeco Short Duration Fund Direct Plan Growth
4
7.98%
6.11%
₹343.26 Cr
Canara Robeco Overnight Fund Direct Growth
NA
6.61%
6.00%
₹193.84 Cr
Mutual fund name
Canara Robeco Mutual Fund
Asset Management Company Name
Canara Robeco Asset Management Co. Ltd
AMC Setup Date
19-Dec-1987
AMC Incorporation Date
02-Mar-1993
Sponsor Name
Canara Bank ORIX Corporation Europe N. V. (Formerly Known as Robeco Groep N.V.)
Trustee Organisation
Canara Robeco Mutual Fund
CIO
Mr. Rajnish Narula
MD & CEO
Mr. Rajnish Narula
Compliance Officer
Ms. Akshata Shenoy
To invest in canara robeco mutual funds Mutual Funds through the Lemonn App, you can follow these general steps:
Step 1 : Download the Lemonn App
If you haven't already, download the Lemonn App from the Google Play Store or Apple App Store.
Step 2 : Sign up / Log in
Sign up by providing your phone number and completing the basic registration process.
If you already have an account, simply log in.
Step 3 : Complete KYC
Before investing, ensure your KYC (Know Your Customer) verification is complete. Most mutual fund apps will guide you through this. You’ll need PAN, Aadhaar, and other necessary details.
Step 4 : Search for canara robeco mutual funds Mutual Funds
Once your KYC is done, search for the canara robeco mutual funds Mutual Fund schemes you're interested in by using the search bar.
Step 5 : Choose a Scheme
You will see a list of various funds under canara robeco mutual funds. Explore the options, check their performance, risk profile, and investment objectives.
Choose a scheme that aligns with your investment goals (e.g., equity, debt, hybrid funds).
Step 6 : Decide on the Investment Amount
You can either make a lump sum investment or set up a SIP (Systematic Investment Plan) to invest a fixed amount periodically.
Step 7 : Confirm the Investment
Enter the amount you wish to invest.
Review the details and confirm the payment method (Net Banking, UPI, etc.).
After making the payment, you will receive a confirmation of your investment.
Step 8 : Track Your Investment
You can track the performance of your canara robeco mutual funds Mutual Funds on the Lemonn App dashboard. It will show NAV, returns, and other key details.
If you need any assistance, the Lemonn App usually has customer support or chat options to help. Keep an eye on expenses like entry/exit loads and expense ratios to optimize returns!
Ms. Suman Prasad
Ms. Suman Prasad has been with Canara Robeco Mutual Fund since 1977. She currently manages an Assets under Management (AuM) of Rs. 5,152 Crore across 30 schemes, including Canara Robeco Short Duration Fund, Canara Robeco Savings Fund, Canara Robeco Liquid Fund, and Canara Robeco Ultra Short Term Fund. She holds an MBA in Finance from the SDM Institute for Management Development.
Mr. Shridatta Bhandwaldar
Mr. Shridatta Bhandwaldar has been serving as the Fund Manager of Equities at Canara Robeco Asset Management Company Ltd. since 2016. He manages an Assets under Management (AuM) of Rs. 5,255 Crore across 12 schemes, including Canara Robeco Equity Diversified Fund, Canara Robeco Bluechip Equity Fund, Canara Robeco Infrastructure Fund, and Canara Robeco Equity Hybrid Fund. He began his career as an Equity Analyst at MF Global Securities in 2006. In 2008, he joined Motilal Oswal Financial Services Ltd. as an Equity Analyst, and a year later, he moved to Heritage Capital as a Senior Equity Analyst. In 2012, he became the Portfolio Manager at SBI Pension Fund before joining Canara Robeco. Mr. Bhandwaldar holds a degree in Mechanical Engineering from the Government College of Engineering, Aurangabad, and an MMS in Finance from the Sydenham Institute of Management.
Mr. Miyush Gandhi
Mr. Miyush Gandhi has been serving as the Fund Manager of Emerging Equities at Robeco Canara Mutual Fund since 2018. He manages an Assets under Management (AuM) of Rs. 5,700 Crore across 8 schemes, including Canara Robeco Emerging Equities Fund and Canara Robeco Conservative Hybrid Fund. Before joining Robeco Canara, Mr. Gandhi worked as the Senior Research Analyst of Equities at SBI Life Insurance Co. Ltd. starting in 2008. He became the Fund Manager at SBI Life Insurance in 2015. Mr. Gandhi holds an MBA in Capital Markets from the Narsee Monjee Institute of Management Studies (NMIMS).
Ms. Cheenu Gupta
Ms. Cheenu Gupta joined Canara Robeco Asset Management Company Ltd. as a Fund Manager of Equities in 2018. She currently manages an Assets under Management (AuM) of Rs. 2,192 Crore across 9 schemes, including Canara Robeco Consumer Trends Fund and Canara Robeco Equity Tax Saver Fund. Ms. Gupta began her career as a Software Engineer at Patni Computer Services in 2003. In 2006, she transitioned to UTI Mutual Fund as an Equity Research Analyst. She then moved to ING Investment Management India Private Ltd. in 2007 in the same role. In 2009, Ms. Gupta joined Tata AIA Life Insurance as a Senior Equity Research Analyst and was promoted to Assistant Equity Fund Manager in 2012. She was further elevated to Fund Manager of Equities and Assistant Vice President of Investments in 2014.
Mr. Abhinav Khandelwal
Mr. Abhinav Khandelwal is the Fund Manager of Offshore Investments at Canara Robeco Mutual Fund, a position he has held since 2018. He began his career as a Senior Research Analyst with Systematix Shares & Stocks India Ltd. in 2006. In 2010, he joined Aegon Life as an Assistant Fund Manager of Equities before moving to Canara Robeco.
ITI Asset Management Limited
IDBI Asset Management Limited
IDFC Asset Management Company Limited
NJ Asset Management Private Limited
Bandhan Asset Management Company Limited
Groww Asset Management Ltd.
Kotak Mahindra Asset Management Co Ltd
HSBC Asset Management(India)Private Ltd
Mahindra Manulife Investment Management Pvt. Ltd.
Zerodha Asset Management Private Limited
Helios Capital Asset Management (India) Private Limited
Sundaram Asset Management Company Ltd
Aditya Birla Sun Life AMC Ltd
Shriram Asset Management Co Ltd
360 ONE Asset Management Limited
Invesco Asset Management (India) Private Ltd
Samco Asset Management Pvt Ltd
Union Asset Management Co. Pvt. Ltd.
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Tata Asset Management Limited
Bajaj Finserv Asset Management Limited
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Motilal Oswal Asset Management Co. Ltd
Quantum Asset Management Co Pvt. Ltd.
PGIM India Asset Management Private Limited
DSP Investment Managers Private Limited
Taurus Asset Management Company Limited
Nippon Life India Asset Management Ltd
Quant Money Managers Limited
Navi AMC Limited
PPFAS Asset Management Pvt. Ltd
Indiabulls Asset Management Company Ltd.
Mirae Asset Investment Managers (India) Private Limited
HDFC Asset Management Company Limited
IIFL Asset Management Limited
ICICI Prudential Asset Management Company Limited
Old Bridge Asset Management Private Limited
Trust Asset Management Private Limited
Bank of India Investment Managers Private Limited
JM Financial Asset Management Limited
Edelweiss Asset Management Limited
Axis Asset Management Company Limited
UTI Asset Management Co Ltd
WhiteOak Capital Asset Management Limited
LIC Mutual Fund Asset Management Limited
SBI Funds Management Ltd
ITI Asset Management Limited
IDBI Asset Management Limited
IDFC Asset Management Company Limited
NJ Asset Management Private Limited
Bandhan Asset Management Company Limited
Groww Asset Management Ltd.
Kotak Mahindra Asset Management Co Ltd
HSBC Asset Management(India)Private Ltd
Mahindra Manulife Investment Management Pvt. Ltd.
Zerodha Asset Management Private Limited
Helios Capital Asset Management (India) Private Limited
Sundaram Asset Management Company Ltd
Aditya Birla Sun Life AMC Ltd
Shriram Asset Management Co Ltd
360 ONE Asset Management Limited
Invesco Asset Management (India) Private Ltd
Samco Asset Management Pvt Ltd
Union Asset Management Co. Pvt. Ltd.
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Tata Asset Management Limited
Bajaj Finserv Asset Management Limited
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Motilal Oswal Asset Management Co. Ltd
Quantum Asset Management Co Pvt. Ltd.
PGIM India Asset Management Private Limited
DSP Investment Managers Private Limited
Taurus Asset Management Company Limited
Nippon Life India Asset Management Ltd
Quant Money Managers Limited
Navi AMC Limited
PPFAS Asset Management Pvt. Ltd
Indiabulls Asset Management Company Ltd.
Mirae Asset Investment Managers (India) Private Limited
HDFC Asset Management Company Limited
IIFL Asset Management Limited
ICICI Prudential Asset Management Company Limited
Old Bridge Asset Management Private Limited
Trust Asset Management Private Limited
Bank of India Investment Managers Private Limited
JM Financial Asset Management Limited
Edelweiss Asset Management Limited
Axis Asset Management Company Limited
UTI Asset Management Co Ltd
WhiteOak Capital Asset Management Limited
LIC Mutual Fund Asset Management Limited
SBI Funds Management Ltd
1.Should I invest in a Canara Robeco Mutual fund scheme?
2.How to Start a Canara Robeco Mutual Fund SIP online?
3.How to redeem Canara Robeco Mutual funds Online?
4.How much time does it take to redeem the Canara Robeco Mutual funds?
Download Now