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Canara Robeco Mutual Fund

The joint venture of Canara Bank and Robeco of the Netherlands is serving the nation since 2007. The experience of Canara bank in the Indian market along with Robeco’s experience in global market makes this partnership a trusted company of not only the national market but also of the international market.

A scheme of mutual funds offered by Canara bank was established in 1987 but after their partnership with Robeco, it was renamed as Canara Robeco mutual fund. A mutual fund is a financial instrument in which a fund is created with mutual contribution from multiple investors in a form of variety of assets. Since it is a mutual investment, all the gains whether it’s a reward or risk it will be shared by all the investors according to their investment proportion.

Canara Robeco mutual funds welcome every type of investor with open arms and every type of entity is eligible for investing such as partnership firms, NRI’s, cooperative societies, non-banking financial institutions etc. A mutual fund is not just an investment, it is actually purchasing a part of the company and its assets in the form of shares.

Types of Funds offered by Canara Robeco Mutual Fund

Canara Robeco mutual funds are the fastest-growing mutual fund in the country. It offers 24 schemes in the form of equity, hybrid, debt and others. Out of these, 6 schemes are close-ended whereas the rest are open-ended schemes. All the schemes offered by Canara Robeco mutual funds are listed below in detail:

Equity Funds

Equity funds schemes of Canara Robeco Mutual Fund focus its investment in stocks and are also known as stock funds. In these equity funds, investors can invest in stocks and equity bonds and gain maximum returns. In this category, Canara Robeco Mutual Fund offers 6 schemes, let’s check each scheme in detail:

Canara Robeco Infrastructure

Investment Objective: Investing in equity and its related securities of infrastructure firms.

Suitable for: Those who want to invest in equities of firm related to infrastructure sector and achieve capital growth for over a long term.

Benchmark index	S & P BSE India Infrastructure
Total Expense Ratio	As on June 2018, TER: 2.77% for regular plan and 1.80% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	If the investor switches before 1 year from allotment date 1% exit load will be applicable and after 1 year no exit load will be charged
Risk	High

Canara Robeco Equity Diversified Fund

Investment objective: This scheme invests in stocks of large capital, mid capital and small capital companies.

Suitable for: Who wish to invest in equities and related securities and want to achieve capital growth for their investment over a long-term period.

Benchmark index	S & P BSE 200 TRI
Total Expense Ratio	As on June 2018, TER: 2.51% for regular plan and 1.74% for direct plan
Total Expense Ratio	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	If the investor switches before 1 year from allotment date 1% exit load will be applicable and after 1 year no exit load will be charged
Risk	Moderately High

Canara Robeco Emerging Equities

Investment objective: This scheme invests in both large and mid-cap companies to generate capital appreciation by allocating a part of their investment on equity and related securities.

Suitable for: Those investors who want to grow their capital over a long term.

Benchmark index	S & P BSE 200 TRI
Total Expense Ratio	As on June 2018, TER: 2.05% for regular plan and 0.81% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	If the investor switches before 1 year from allotment date 1% exit load will be applicable and after 1 year no exit load will be charged
Risk	Moderately High

Canara Robeco Equity Tax Saver Fund

Investment objective: This scheme has a statutory-lock period of 3 years and gives investor tax benefits under Section 80C of the Income Tax Act, 1961.

Suitable for: Those investors who want to grow their capital along with tax benefits.

Benchmark index	S & P BSE 100 TRI
Total Expense Ratio	As on June 2018, TER: 2.35% for regular plan and 1.50% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 500
Entry Load	Nil
Exit Load	Nil
Risk	High

Canara Robeco Consumer Trends Fund

Investment objective: Under this scheme funds are invested in equity and its related instruments of those companies that are engaged in financial services and consumption segment.

Suitable for: Investors who wish to take a risk to invest in equities of consumption and financial segment.

Benchmark index	S & P BSE 100 TRI
Benchmark index	S & P BSE 100 TRI
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	If the investor switches before 1 year from allotment date 1% exit load will be applicable and after 1 year no exit load will be charged
Risk	Moderately High

Canara Robeco Bluechip Equity Fund

Investment objective: This open ended equity schemes provide great returns to the investor by investing in equity of those firms that have large market capitalisation.

Suitable for: Investors who wish to take a risk to invest in equities and its associated securities to achieve capital gains.

Benchmark index	S & P BSE 100 TRI
Total Expense Ratio	As on June 2018, TER: 2.80% for regular plan and 1.72% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Entry Load	If the investor switches before 1 year from allotment date 1% exit load will be applicable and after 1 year no exit load will be charged
Risk	Moderately High

Hybrid schemes

Hybrid schemes of Canara Robeco mutual funds are a combined investment of equity, debt, gold etc. There are 2 open-ended and 6 close-ended schemes under this category details regarding this scheme are given below:

Canara Robeco Equity Debt Allocation Fund

Investment objective: This open ended hybrid schemes produce great returns for the investor by investing in equity and its related securities and a small portion on money market and debt securities.

Suitable for: Investors who wish to take a risk and get higher gains by investing in equities and its associated securities to achieve capital gains.

Benchmark index	CRISIL Hybrid 35+65- Aggressive index
Total Expense Ratio	As on June 2018, TER: 2.40% for regular plan and 1.05% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	If the investor switches before 1 year from allotment date 1% exit load will be applicable and after 1 year no exit load will be charged, no exit load on 10% of the investment but for the rest 1% will be charged
Risk	Moderately High

Canara Robeco Income Saver Fund

Investment Objective: An open-ended hybrid scheme that produces income for the investor by investing a major portion in debt instrument and remaining portion in money market securities of various maturities.

Suitable for: For those seeking medium and long term capital growth should invest in this scheme.

Benchmark index	CRISIL Hybrid 85+15- Conservative index
Total Expense Ratio	As on June 2018, TER: 2.54% for regular plan and 1.29% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	If the investor switches before 1 year from allotment date 1% exit load will be applicable and after 1 year no exit load will be charged, no exit load on 10% of the investment but for the rest 1% will be charged
Risk	Moderately High

Canara Robeco Capital Protection Oriented Fund Series 5, 6, 7, 8, 9

Investment Objective: There are 5 schemes in this category which are all close-ended and are Capital Protection Oriented Funds that invest in a combination of equity and debt instruments. This investment provides security to the capital by investing in high quality fixed income securities that offer low risk and also offer capital appreciation

Suitable for: Those who wish to grow their capital and prefer to invest in low-risk securities such as fixed income securities must try this scheme.

Name of the fund	Benchmark Index	Investment Options/ Minimum Investment amount	Entry Load/Exit load	Riskometer
Canara Robeco Capital Protection Oriented Fund Series 5	CRISIL MIP blended fund index	Growth and Dividend	NIL	Moderately Low
Canara Robeco Capital Protection Oriented Fund Series 6	CRISIL MIP blended fund index	Growth and Dividend	NIL	Moderately Low
Canara Robeco Capital Protection Oriented Fund Series 7	CRISIL MIP blended fund index	Rs. 5000	NIL	Moderately Low
Canara Robeco Capital Protection Oriented Fund Series 8	CRISIL MIP Blended Fund Index Tenure of this scheme is 1140 days	Rs. 5000	NIL	Moderately Low
Rs. 5000	CRISIL MIP Blended Fund Index Tenure of this scheme is 1134 days	Rs. 5000	NIL	Moderately Low

Canara Robeco Dual Advantage Fund Series 1

Investment Objective: A close-ended hybrid scheme that invests in a mix of equity and debt securities and offers stability and capital gain to the invested capital. The scheme has tenure of 1105 days.

Suitable for: Those who wish to grow their capital over a long term and prefer to invest in a mix of debt and equity instruments.

Benchmark index	CRISIL Hybrid 85+15- Conservative index
Total Expense Ratio	As on June 2018, TER: 2.17% for regular plan and 1.07% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	Nil
Risk	Moderately Low

Debt Mutual funds

Canara Robeco Mutual Fund offers 8 schemes under this category. In debt schemes money is invested in fixed income securities such as corporate bonds, commercial papers, government securities, treasury bills, and other money market securities

Canara Robeco Savings Fund

Investment Objective: An open ended low duration scheme that gives capital appreciation by investing money in a debt and money market securities with a low duration of 6 to 12 months.

Suitable for: Who wish to achieve capital appreciation at a low time duration strategy.

Benchmark index	CRISIL Ultra Short Term Debt Index
Total Expense Ratio	As on June 2018, TER: 0.55% for regular plan and 0.35% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	Nil
Risk	Moderately Low

Canara Robeco Income Fund

Investment Objective: An open ended medium-to-long term debt scheme that creates income/capital gains for the investor through investments in a debt and money market securities.

Suitable for: Who wish income/capital growth over medium to long term and prefer to invest in money market and debt securities.

Benchmark index	CRISIL Composite bond fund Index
Total Expense Ratio	As on June 2018, TER: 1.90% for regular plan and 0.99% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	If the investor switches before 1 year from allotment date 1% exit load will be applicable and after 1 year no exit load will be charged
Risk	Moderate

Canara Robeco Gilt Fund

Investment Objective: An open-ended debt scheme that offer risk-free returns to the investor while maintaining capital stability by investing in government securities across maturities as defined under Sec.2 (2) of Public Debt Act, 1944.

Suitable for: For those who prefer to invest in risk-free securities and achieve capital appreciation for over a long term.

Benchmark index	I-Sec Li-Bex
Total Expense Ratio	As on June 2018, TER: 1.25% for regular plan and 0.62% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	Nil
Risk	Moderate

Canara Robeco Dynamic Bond Fund

Investment Objective: An open-ended dynamic debt scheme that generates capital appreciation for the investor through investment in a money market and debt securities.

Suitable for: Those who wish to achieve capital gains from investments in debt and money market instruments must invest under this scheme.

Benchmark index	CRISIL Composite bond fund Index
Total Expense Ratio	As on June 2018, TER: 1.75% for regular plan and 1.04% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	If the investor switches before 6 months from allotment date 0.5% exit load will be applicable and after 6 months no exit load will be charged
Risk	Moderate

Canara Robeco Corporate Bond Fund

Investment Objective: An open-ended debt scheme that invests in corporate bonds to generate income and capital growth for the investor by investing in corporate bonds rated AA+ and above.

Ideal for: Those investors who seek capital growth through investments that follow a low credit risk strategy.

Benchmark index	CRISIL Composite bond fund Index
Total Expense Ratio	As on June 2018, TER: 1.25% for regular plan and 0.54% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	If the investor switches before 1 year from allotment date 1% exit load will be applicable and after 1 year no exit load will be charged, no exit load on 10% of the investment but for the rest 1% will be charged
Risk	Moderate

Canara Robeco Short Duration Fund

Investment Objective: An open-ended short term debt scheme produces capital returns for the investor through investments in money market and debt securities of different maturities and risk profile.

Suitable for: Those investors who wish to grow their capital over a short term by investing in money market and debt securities then this scheme is perfect option for them.

Benchmark index	CRISIL Short term bond fund Index
Total Expense Ratio	As on June 2018, TER: 1.25% for regular plan and 0.48% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	Nil
Risk	Moderately Low

Canara Robeco Ultra Short Term Fund

Investment Objective: An open-ended ultra-short term debt scheme that produce capital returns for the investor through investments in money market and debt securities across different risk profiles and maturities.

Suitable for: Who wish to achieve capital appreciation over an ultra-short term at low risk must choose this scheme.

Benchmark index	CRISIL Liquid fund Index
Total Expense Ratio	As on June 2018, TER: 0.95% for regular plan and 0.25% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	Nil
Risk	Low

Canara Robeco Liquid Fund

Investment Objective: An open-ended liquid scheme that invests in money market and debt securities to augment the income of the investor while also offering liquidity through investments in debt and money market securities for maturity period of up to 91 days only.

Suitable for: Those who wish to maintain a high level of liquidity along with capital growth prefer investing in this scheme.

Benchmark index	CRISIL Liquid fund Index
Total Expense Ratio	As on June 2018, TER: 0.10% for regular plan and 0.04% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	Nil
Risk	Low

Other Mutual Funds

Canara Robeco Gold Savings Fund

Investment Objective: An open-ended Fund of Fund (FoF) scheme that invests in the Canara Robeco Gold Exchange Traded Fund to offer capital growth to the investor. A FoF basically invests in other schemes of the same mutual fund and offers great returns.

Suitable for: Those who are wishing to achieve similar capital returns as provided by the Canara Robeco Gold Exchange Traded Fund. This scheme is perfect option for them.

Benchmark index	Price of Physical Gold
Total Expense Ratio	As on June 2018, TER: 0.06% for regular plan and 0.04% for direct plan
Investment option	Growth and Dividend
Minimum Investment	Rs. 5000
Entry Load	Nil
Exit Load	Nil
Risk	Low

Canara Robeco Gold Exchange Traded Fund:

Investment Objective: An open-ended scheme that tracks the domestic price of gold and invests mainly in gold bullion of 0.995 fineness to produce returns similar to returns offered by the performance of gold.

Suitable for: Investors who wish to achieve capital appreciation by investing in gold over a long term.

Benchmark index	Domestic Price of Gold
Total Expense Ratio	As on June 2018, TER: 0.81% for regular plan and 0% for direct plan
Exchange listed on	National Stock Exchange
Minimum Lot	One unit/share
Entry Load/Exit load	Nil
Taxation treatment	Debt
Risk	Moderately high

Eligibility criteria for investing in Canara Robeco Mutual Fund

Mutual funds are open for everyone anyone can invest in mutual funds as per their requirement. The following individual or firms can invest in Canara Robeco Mutual funds as:

Any Adult individual who is residing In India or the Persons of Indian Origin (PIOs) can make investments. Whether you are a Non-Resident Indians (NRIs) or an Overseas Citizens of India (OCI) on repatriation or non-repatriation basis can invest in these mutual funds of Canara Robeco.
A Karta of Hindu Undivided Family (HUF) or Any Minors through a parent or a legal guardian can invest their savings and get good returns.

Firms, corporate bodies, PSUs (Public Sector Undertakings), Co-operative societies registered under the Co-operative Societies Act, 1912, and Societies registered under the Societies Registration Act, 1860, partnership Firms, Religious and charitable trusts, private trusts, and Wakfs or endowments of private trust (subject to receipt of necessary approvals as required) can also invest in mutual funds.
Pension Funds/Pension Fund Managers

Financial institutions and banks

Mutual funds/alternative investment funds registered with SEBI

Foreign Portfolio Investors (FPIs) and Foreign Institutional Investors (FIIs) registered with SEBI

Council of Scientific and Industrial Research, India

Reserve Bank of India (RBI) and Government of India approved Bilateral Development Corporation Agencies/Multilateral Financial Institutions/Corporate Bodies incorporated outside India

Air Force, Navy, Army, and other paramilitary bodies

Other schemes of LIC Mutual Fund subject to SEBI regulations

Documents required for invest in Canara Robeco Mutual Fund

To invest in the schemes of Canara Robeco Mutual Fund, the investor needs to fill up 2 forms KYC (Know Your Customer) and a SIP (Systematic Investment Plan) application form. If you are first-time investor you need to submit the KYC form along with the following relevant documents:

PAN card

Passport size photos

Proof of Identity

Proof of Address

Existing investors who are KYC compliant or an account holder in a bank just need to submit a cancelled cheque leaf along with the form for a particular scheme, duly filled with all the necessary details. You can also visit the company’s website and make your investments. While investing online, investors can complete e-KYC process for investments of up to Rs.50,000.

How to Invest in Canara Robeco Mutual Fund Online?

Investing in mutual funds is now made simpler with the online portal of Canara Robeco Mutual Fund. To subscribe to the units of the fund, the below-mentioned steps are needed to be followed:

Access the official website of Canara Robeco Mutual Fund at www.canararobeco.com

Click on the ‘Invest Online’ button which can be navigated on the right-hand side of the webpage.
If you are investing for the very first time, click on ‘First-Time Investor’.

To check if the investor is KYC compliant, he/she needs to fill up his/her basic details.

Insert all the contact details asked of the investors in the system.

An investor needs to select the fund he/she wishes to put his money in, the category of the scheme, and the investment option.

Add a nominee to his/her account by entering his/her complete details.

The bank account of the investor needs to be linked with the mutual fund account.

The investor then needs to fill in the Foreign Account Tax Compliance Act (FATCA) details and then confirm the fund selection and later enter the amount to be invested and confirm the purchase.

Reason to invest with Canara Robeco Mutual Funds?

Experience: One of the oldest mutual fund companies in India Canara bank has an experience of almost 3 decades in this mutual fund industry. With its ample experience investor one can feel safe and secure about investing their money. The experience of Robeco in the international market and Canara bank in the Indian market has made them one of the most experienced brands in the mutual fund industry.

Trustworthiness: Both the partners of Canara Robeco mutual funds are trustworthy brands as an individual but through their partnership, customers get double assured about the safety of their money. Investors look out for trustworthy brands to invest their hard earned money and Canara Robeco mutual funds is the best amalgamation of trusted brands for mutual funds investment.

Tax benefit: Despite capital appreciation, Canara Robeco mutual funds also offers tax benefits to its investors. The Canara Robeco Equity Tax Saver scheme which is an equity-linked saving scheme lets the investor enjoy tax benefits.

Professional management: Canara Robeco mutual funds have a highly qualified professional team that assist and research on the potential of various companies and find best-suited investment option for you.

Varied options: With 24 schemes in their catalogue, these mutual funds have something for every sect of the investor. Whether you want to seek tax benefits or high capital appreciation you can choose your scheme depending on your appetite.

FAQs on Canara Robeco Mutual Funds

Can I do cash investment?

Yes, Investors can invest via cash up to Rs.50,000 through the branches in a financial year.

How do I decide which funds to invest in?

Read the scheme information document (SID) carefully, compare the various schemes available, and the professional experience of the fund manager handling the fund.

Can the asset allocation of a mutual fund be changed while deploying investors’ funds?

Yes. The fund manager can change the allocation of assets according to the trends in the market but is usually done on a short-term basis so as to protect the Net Asset Value (NAV).

How can we add mutual fund biller in Canara Bank?

To add a mutual fund biller in Canara Bank, all you need to do is Login to Internet banking.

Now, click on Payment and Transfers” and select Bill Payments Option.

Then, go to Manage Billers > Register Biller from the LHS Menu. Now, fill in the details of the biller and give your consent and hit “Submit”. Voila! Your biller has been added.