Investment Objective and Approach

The Canara Robeco Mid Cap Fund is an open-ended equity scheme that primarily focuses on mid-cap companies. The fund follows a bottom-up approach to predominantly invest in a well diversified portfolio of companies within large & mid cap universe. The fund endeavours to identify the stars of tomorrow within the segment.

The fund's investment strategy centers on identifying undervalued mid-cap companies with strong growth potential. The investment approach involves rigorous fundamental research and stock selection based on financial metrics, management quality, and business prospects. The fund maintains diversification across various sectors while focusing on companies that demonstrate sustainable competitive advantages and robust business models.

Key investment parameters include:

- Fund AUM: ₹1,18,148 Cr as of August 2025

- Latest NAV: ₹18.20 as of August 22, 2025

- 1-year returns: 3.70% and 81.82% since inception

- Minimum SIP amount: ₹1,000

- Minimum lump sum investment: ₹5,000

Fund Managers

Shridatta Bhandwaldar is the Current Fund Manager of Canara Robeco Mid Cap Fund Direct Growth fund. Mr. Shridatta Bhandwaldar serves as the Fund Manager of Equities at Canara Robeco Asset Management Company Ltd. since 2016. Presently, he oversees assets worth nearly Rs 94,956 crore across 13 schemes at the fund house.

Professional Background:

- Mechanical Engineer from Government College of Engineering, Aurangabad, and holds an MMS in Finance from Sydenham Institute of Management

- Started career as Equity Analyst at MF Global Securities (2006), moved to Motilal Oswal Financial Services (2008), then Heritage Capital as Senior Equity Analyst (2009), and became Portfolio Manager at SBI Pension Fund (2012) before joining Canara Robeco

Mr. Bhandwaldar brings extensive experience in equity research and portfolio management, with a proven track record of identifying growth opportunities in the mid-cap segment. His analytical approach and deep understanding of Indian markets have been instrumental in the fund's performance.

About the Fund House (AMC)

Canara Robeco Asset Management Company Ltd. (CRAMC) was formed in 2007 when Canbank Mutual Fund offloaded 49% of its stake to Netherlands-based investment management firm Robeco Groep N.V. for Rs. 115 Crore. This joint venture combines the local market expertise of Canara Bank with the global investment management experience of Robeco.

Key Highlights:

- Offers a wide range of investment options like hybrid and monthly income funds, numerous debt and treasury funds, and thematic and diversified equity schemes

- As of March 2024, it manages an AuM of Rs. 87069.50 Cr

- Strong parent company backing with Canara Bank being one of India's leading public sector banks

- Robeco Groep N.V. currently has 15 offices globally and employs more than 900 individuals

The AMC has established itself as a reliable fund house with a focus on research-driven investment strategies and maintaining high standards of corporate governance.

Should I Invest in Canara Robeco Mid Cap Fund?

The Canara Robeco Mid Cap Fund can be suitable for investors with the following profile:

Ideal for:

- Investors seeking long-term wealth creation through mid-cap exposure

- Those with moderate to high risk appetite

- Investors looking for diversification in their equity portfolio

- People with investment horizon of 5+ years

Key Considerations:

- The fund is rated Very High risk, making it suitable for experienced investors

- Mid-cap funds are generally more volatile than large-cap funds but offer higher growth potential

- The fund's performance depends on the fund manager's stock selection skills and market conditions

- Suitable as part of a diversified portfolio rather than a standalone investment

Risk Factors:

- Market volatility can significantly impact NAV

- Mid-cap stocks are generally less liquid than large-cap stocks

- Economic downturns can disproportionately affect mid-cap companies

- Exit load of 1% if redeemed within 1 year

FAQs

What is today's NAV of Canara Robeco Mid Cap Fund?

The latest NAV of Canara Robeco Mid Cap Fund is ₹18.20 as of August 22, 2025. NAV is updated daily after market hours and reflects the per-unit value of the fund.

What is the AUM of Canara Robeco Mid Cap Fund?

The fund currently has an Asset Under Management (AUM) of ₹1,18,148 Cr as of August 2025. This represents the total market value of all securities held by the fund.

What is the expense ratio of Canara Robeco Mid Cap Fund?

The expense ratio information varies by plan type and is updated periodically. Investors should check the latest scheme information document for current expense ratio details as this changes quarterly.

What are the returns of Canara Robeco Mid Cap Fund since inception?

The fund has delivered 81.82% returns since scheme launch, with 3.70% returns in the last 1 year. Past performance doesn't guarantee future results.

What is the minimum SIP amount to invest in Canara Robeco Mid Cap Fund?

The minimum SIP amount for Canara Robeco Mid Cap Fund is ₹1,000. This allows investors to start systematic investing with a relatively small amount.

How do I invest in Canara Robeco Mid Cap Fund?

You can invest in Canara Robeco Mid Cap Fund through Allvest platform, directly through the fund house website, or through registered mutual fund distributors. Allvest offers a convenient online platform for seamless investment experience.

How to start a SIP in Canara Robeco Mid Cap Fund?

To start a SIP through Allvest, log into your account, search for the fund, select SIP option, choose your investment amount and frequency, and set up auto-debit from your bank account.

How do I automate an SIP in Canara Robeco Mid Cap Fund?

SIP automation is available through Allvest's platform where you can set up automatic monthly investments. Once configured, the chosen amount will be automatically debited from your bank account and invested in the fund.

How can I withdraw/redeem my investment in Canara Robeco Mid Cap Fund?

You can redeem your investment through Allvest platform by selecting the redemption option, choosing partial or full redemption, and the amount will be credited to your registered bank account within 3-4 working days.