Historical NAV & Returns
Absolute
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934 people have invested ₹ 45.2L in Canara Robeco Mid Cap Fund Direct Growth in the last three months
About Canara Robeco Mid Cap Fund Direct Growth
Canara Robeco Mid Cap Fund Direct Growth is an equity fund. This fund was started on 2 December, 2022. The fund is managed by Shridatta Bhandwaldar, Pranav Gokhale. The fund could potentially beat inflation in the long-run.
Key Parameters
- Canara Robeco Mid Cap Fund Direct Growth has ₹2403 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Canara Robeco Mid Cap Fund Direct Growth has given a CAGR return of 18.73% since inception. Over the last 1 year the fund has given a CAGR return of 3.39%.
Holdings
Canara Robeco Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Tech, Health, Basic Materials, Real Estate, Utilities, Communication, Energy, Consumer Defensive. Its top holdings are Trent Ltd, Shriram Finance Ltd, JK Cement Ltd, Phoenix Mills Ltd, UNO Minda Ltd
Taxation
As it is a mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Canara Robeco Mid Cap Fund Direct Growth
The investment objective of the Scheme is to generate capital appreciation by investing predominantly in equity and equity related instruments of mid cap companies. However, there can be no assurance that the investment objective of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Canara Robeco Mid Cap Fund Direct Growth has no lock in period.
Canara Robeco Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.67% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹2403 Cr |
| Inception Date | 2 December, 2022 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 37.87% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (04-Apr-25)
Fund Distribution
as on (28-Feb-25)
Mid cap
70.2%
Large cap
19.1%
Small cap
7.2%
Sector Allocation
Consumer Cyclical
20.2%
Financial Services
18.9%
Industrial
16.5%
Tech
11.5%
Health
9.1%
Basic Materials
6.9%
Real Estate
5.8%
Utilities
4.6%
Communication
3.8%
Energy
1.6%
Consumer Defensive
1.2%
All changes are between Dec'24 and Feb'25
- AUM of the fund stands at 2.4K Cr as of Feb'25
- AUM decreased by 225.5 Cr between Feb'25 and Jan'25
Top Stocks bought last month
United Breweries Ltd's allocation increased from 0% to 1.11%
Ajanta Pharma Ltd's allocation increased from 0.91% to 1.56%
Shriram Finance Ltd's allocation increased from 2.45% to 3.03%
Top Stocks sold last month
Trent Ltd's allocation decreased from 3.36 % to 3.1 %
JK Cement Ltd's allocation decreased from 2.89 % to 2.87 %
UNO Minda Ltd's allocation decreased from 2.79 % to 2.67 %
Mid Cap allocation has gone down from 72% to 70.2%
Large Cap allocation has gone up from 17.9% to 19.1%
Small Cap allocation has gone up from 6.3% to 7.2%
Cash allocation has gone up from 3.5% to 3.5%
Top 3 Sectors in February were Industrial, Financial Services & Consumer Cyclical
Feb'25
Consumer Cyclical
20%
Financial Services
19%
Industrial
16%
Jan'25
Industrial
20%
Financial Services
19%
Consumer Cyclical
18%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Trent Ltd | 3.1% | 0% | |
 Shriram Finance Ltd | 3.03% | 0% | |
 JK Cement Ltd | 2.87% | 0% | |
 Phoenix Mills Ltd | 2.8% | 0% | |
 UNO Minda Ltd | 2.67% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Canara Robeco Mid Cap Fund Direct Growth | 3.39% | - | - | 18.73% |
 Invesco India Mid Cap Fund Direct Plan Growth Option | 14.21% | 21.54% | 33.39% | 20.83% |
 Motilal Oswal Midcap Direct Growth | 10.84% | 26.76% | 38.92% | 23.21% |
 Kotak Emerging Equity Scheme Direct Growth | 8.65% | 17.45% | 33.68% | 20.12% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Mazagon Dock Shipbuilders Ltd | 26.6% |
 BSE Ltd | 26.2% |
 Solar Industries India Ltd | 25% |
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Shridatta Bhandwaldar
Fund Manager of Canara Robeco Mid Cap Fund Direct Growth, since 2 December 2022
Top funds managed
Pranav Gokhale
Fund Manager of Canara Robeco Mid Cap Fund Direct Growth, since 6 November 2023
Top funds managed
Fund House
Canara Robeco Asset Management Co. Ltd.
Total Schemes
Total AUM
₹1.11L Cr
as on 28-Feb-2025
Address
Canara Robeco Asset Management Company Limited,Construction House, 4th Floor,,5 Walchand Hirachand Marg, Ballard Estate,
Phone
+912266585000
Website
crmf@canararobeco.com
Canara Robeco Mid Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.73% since inception which is more than its category average return of 17.93%
Fund Allocations
This fund has an allocation of 96.48% in Equity, 0% in Debt and 3.52% in Cash related instruments
AUM size ₹2403 Cr
This fund has AUM of ₹2403 Cr which is less than its category average of ₹ 10864 Cr
Expense Ratio 0.67%
This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.21%
More funds from Canara Robeco
5Y CAGR
▲ 36.48
3Y CAGR
▲ 17.79
5Y CAGR
▲ 27.09
3Y CAGR
▲ 15.45
Frequently Asked Questions for Canara Robeco Mid Cap Fund Direct Growth
The current NAV of Canara Robeco Mid Cap Fund Direct Growth is ₹14.94 as on 04-Apr-2025.
Existing (Absolute + CAGR) as on 04-Apr-2025.
Canara Robeco Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.03% | 3.03% |
6 Month Returns | -14.87% | -14.87% |
1 Year Returns | 3.39% | 3.39% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.67% as on March 2025
₹2403 Cr as on March 2025
Trent Ltd(3.1%), Shriram Finance Ltd(3.03%), JK Cement Ltd(2.87%), Phoenix Mills Ltd(2.8%), UNO Minda Ltd(2.67%) as on March 2025
Consumer Cyclical(19.49%), Financial Services(18.24%), Industrial(15.88%) as on March 2025
The alpha ratio for the Canara Robeco Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Canara Robeco Mid Cap Fund Direct Growth | 2.92 | - | - |
As on March 2025
The alpha for Canara Robeco Mid Cap Fund Direct Growth is calculated against S&P BSE Midcap TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Canara Robeco Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Canara Robeco Mid Cap Fund Direct Growth | 0.99 | - | - |
As on March 2025
The Beta for Canara Robeco Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Canara Robeco Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Canara Robeco Mid Cap Fund Direct Growth | 0.22 | - | - |
As on March 2025
The sharpe ratio for Canara Robeco Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Canara Robeco Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Canara Robeco Mid Cap Fund Direct Growth | 21.28 | - | - |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Shridatta Bhandwaldar, Pranav Gokhale are the fund managers of Canara Robeco Mid Cap Fund Direct Growth
The Exit load of Canara Robeco Mid Cap Fund Direct Growth is 1%