Mutual Fund

Canara Robeco Mutual Fund

Investment Details

Investor Type
Mutual Fund

Asset Class Focus
Equity, Debt, Hybrid, Treasury

Stage Focus
Growth, Late Stage

Geographical Focus
India

Industries Focus

  • Financial Services

Investment Size:
1,000,000 to 100,000,000 USD

Investor Details Founded: 1987

Canara Robeco Mutual Fund, established in 1987 as Canbank Mutual Fund, is India's second oldest mutual fund. In 2007, it became a joint venture between Canara Bank and Robeco, a global asset management firm, and was renamed Canara Robeco Mutual Fund. This partnership combines Canara Bank's extensive experience in the Indian market with Robeco's global asset management expertise.

The fund offers a variety of investment options, including diversified and thematic equity schemes, hybrid and monthly income funds, and a wide range of debt and treasury products. It primarily focuses on the Indian market, catering to both retail and institutional investors.

In October 2025, Canara Robeco Asset Management Company, the investment manager for Canara Robeco Mutual Fund, launched an initial public offering (IPO) with a price band of ₹253–₹266 per share, aiming for a valuation of approximately ₹53.05 billion. The IPO was fully subscribed on the final day, with strong demand from institutional investors. The shares began trading on the National Stock Exchange in October 2025, marking a significant milestone for the firm.

Requirements
  • Investment horizon: 3-5 years
  • Risk tolerance: Medium to High
Contact

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