Fund Overview
Fund Size
₹2,154 Cr
Expense Ratio
0.68%
ISIN
INF760K01KI1
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
02 Dec 2022
About this fund
Canara Robeco Mid Cap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by Canara Robeco Mutual Fund. This fund has been in existence for 1 years, 5 months and 18 days, having been launched on 02-Dec-22.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹15.18, Assets Under Management (AUM) of 2153.67 Crores, and an expense ratio of 0.68%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹15.18, Assets Under Management (AUM) of 2153.67 Crores, and an expense ratio of 0.68%.
- Canara Robeco Mid Cap Fund Direct Growth has given a CAGR return of 33.18% since inception.
- The fund's asset allocation comprises around 96.83% in equities, 0.00% in debts, and 3.17% in cash & cash equivalents.
- You can start investing in Canara Robeco Mid Cap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+47.81%
+52.83% (Cat Avg.)
Since Inception
+33.18%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹2,085.42 Cr | 96.83% |
| Others | ₹68.25 Cr | 3.17% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Trent Ltd | Equity | ₹71.84 Cr | 3.34% |
| UNO Minda Ltd | Equity | ₹61.76 Cr | 2.87% |
| Indian Bank | Equity | ₹57.6 Cr | 2.67% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹57.48 Cr | 2.67% |
| JK Cement Ltd | Equity | ₹54.87 Cr | 2.55% |
| Abbott India Ltd | Equity | ₹54.09 Cr | 2.51% |
| Linde India Ltd | Equity | ₹54.03 Cr | 2.51% |
| Global Health Ltd | Equity | ₹52.12 Cr | 2.42% |
| CRISIL Ltd | Equity | ₹48.99 Cr | 2.27% |
| K.P.R. Mill Ltd | Equity | ₹48.32 Cr | 2.24% |
| Sundaram Finance Ltd | Equity | ₹46.93 Cr | 2.18% |
| Zomato Ltd | Equity | ₹44.22 Cr | 2.05% |
| Max Financial Services Ltd | Equity | ₹43.48 Cr | 2.02% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹41.14 Cr | 1.91% |
| Bharat Electronics Ltd | Equity | ₹39.33 Cr | 1.83% |
| AIA Engineering Ltd | Equity | ₹38.75 Cr | 1.80% |
| Mphasis Ltd | Equity | ₹37.92 Cr | 1.76% |
| Voltas Ltd | Equity | ₹36.72 Cr | 1.70% |
| Power Finance Corp Ltd | Equity | ₹36.65 Cr | 1.70% |
| Bharti Airtel Ltd | Equity | ₹35.8 Cr | 1.66% |
| Treps | Cash - Repurchase Agreement | ₹35.27 Cr | 1.64% |
| Cummins India Ltd | Equity | ₹33.83 Cr | 1.57% |
| The Federal Bank Ltd | Equity | ₹33.82 Cr | 1.57% |
| Shriram Finance Ltd | Equity | ₹33.28 Cr | 1.55% |
| Deepak Nitrite Ltd | Equity | ₹33.23 Cr | 1.54% |
| Sundaram Fasteners Ltd | Equity | ₹33.17 Cr | 1.54% |
| Net Current Assets | Cash | ₹32.98 Cr | 1.53% |
| KEI Industries Ltd | Equity | ₹32.95 Cr | 1.53% |
| Kajaria Ceramics Ltd | Equity | ₹32.86 Cr | 1.53% |
| NHPC Ltd | Equity | ₹32.04 Cr | 1.49% |
| Astral Ltd | Equity | ₹31.87 Cr | 1.48% |
| Persistent Systems Ltd | Equity | ₹31.48 Cr | 1.46% |
| APL Apollo Tubes Ltd | Equity | ₹31.47 Cr | 1.46% |
| CG Power & Industrial Solutions Ltd | Equity | ₹29.83 Cr | 1.39% |
| Torrent Power Ltd | Equity | ₹29.25 Cr | 1.36% |
| Bharat Heavy Electricals Ltd | Equity | ₹29.15 Cr | 1.35% |
| Coforge Ltd | Equity | ₹29.04 Cr | 1.35% |
| HDFC Bank Ltd | Equity | ₹29.02 Cr | 1.35% |
| United Breweries Ltd | Equity | ₹28.92 Cr | 1.34% |
| Mankind Pharma Ltd | Equity | ₹28.05 Cr | 1.30% |
| ICICI Bank Ltd | Equity | ₹27.03 Cr | 1.26% |
| LIC Housing Finance Ltd | Equity | ₹26.64 Cr | 1.24% |
| Polycab India Ltd | Equity | ₹26.62 Cr | 1.24% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹26.32 Cr | 1.22% |
| Phoenix Mills Ltd | Equity | ₹25.73 Cr | 1.19% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹25.28 Cr | 1.17% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹25.06 Cr | 1.16% |
| Prestige Estates Projects Ltd | Equity | ₹24.99 Cr | 1.16% |
| Indian Hotels Co Ltd | Equity | ₹24.01 Cr | 1.12% |
| Brigade Enterprises Ltd | Equity | ₹22.89 Cr | 1.06% |
| Schaeffler India Ltd | Equity | ₹22.78 Cr | 1.06% |
| Oil & Natural Gas Corp Ltd | Equity | ₹22.61 Cr | 1.05% |
| KPIT Technologies Ltd | Equity | ₹22.4 Cr | 1.04% |
| Dixon Technologies (India) Ltd | Equity | ₹22.15 Cr | 1.03% |
| Samvardhana Motherson International Ltd | Equity | ₹21.76 Cr | 1.01% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹21.58 Cr | 1.00% |
| NMDC Ltd | Equity | ₹20.61 Cr | 0.96% |
| Endurance Technologies Ltd | Equity | ₹19.74 Cr | 0.92% |
| Zydus Lifesciences Ltd | Equity | ₹19.01 Cr | 0.88% |
| L&T Finance Ltd | Equity | ₹18.71 Cr | 0.87% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹18.11 Cr | 0.84% |
| PI Industries Ltd | Equity | ₹15.73 Cr | 0.73% |
| Honeywell Automation India Ltd | Equity | ₹13.54 Cr | 0.63% |
| Apar Industries Ltd | Equity | ₹13.4 Cr | 0.62% |
| Go Fashion (India) Ltd | Equity | ₹13.25 Cr | 0.62% |
| Medi Assist Healthcare Services Ltd | Equity | ₹11.75 Cr | 0.55% |
| Happy Forgings Ltd | Equity | ₹8.4 Cr | 0.39% |
Allocation By Market Cap (Equity)
Large Cap Stocks
18.66%
Mid Cap Stocks
68.15%
Small Cap Stocks
10.02%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹468.37 Cr | 21.75% |
| Industrials | ₹410.65 Cr | 19.07% |
| Consumer Cyclical | ₹360.86 Cr | 16.76% |
| Healthcare | ₹248.81 Cr | 11.55% |
| Basic Materials | ₹209.94 Cr | 9.75% |
| Technology | ₹143 Cr | 6.64% |
| Real Estate | ₹73.61 Cr | 3.42% |
| Utilities | ₹61.29 Cr | 2.85% |
| Communication Services | ₹57.37 Cr | 2.66% |
| Consumer Defensive | ₹28.92 Cr | 1.34% |
| Energy | ₹22.61 Cr | 1.05% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
14.21%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.30
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.63
Higher the better
Fund Managers
PG
Pranav Gokhale
Since November 2023
SB
Shridatta Bhandwaldar
Since December 2022
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF760K01KI1 | Expense Ratio | 0.68% | Exit Load | 1.00% | Fund Size | ₹2,154 Cr | Age | 02 Dec 2022 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | S&P BSE 150 MidCap TR INR |
|---|
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1181.31 Cr | 50.7% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1181.31 Cr | 53.1% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹9819.09 Cr | 57.5% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹15139.44 Cr | 51.3% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹15139.44 Cr | 53.0% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹26636.78 Cr | 43.7% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹2433.01 Cr | 66.6% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2433.01 Cr | 64.1% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3637.33 Cr | 56.0% |
About the AMC
Total AUM
₹88,988 Cr
Address
Construction House, 4th Floor, Mumbai, 400 001
Other Funds by Canara Robeco Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Canara Robeco Mid Cap Fund Direct Growth?
The NAV of Canara Robeco Mid Cap Fund Direct Growth, as of 17-May-2024, is ₹15.18.
What is the portfolio composition of Canara Robeco Mid Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 96.83% in equities, 0.00% in bonds, and 3.17% in cash and cash equivalents.
Who manages the Canara Robeco Mid Cap Fund Direct Growth?
The fund managers responsible for Canara Robeco Mid Cap Fund Direct Growth are:-
- Pranav Gokhale
- Shridatta Bhandwaldar
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.