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Canara Robeco Mutual Fund logo
EQUITY•MID CAP FUND

Canara Robeco Mid Cap Fund Direct Plan IDCW Payout

3 Year return

18.95%
NAV on April 03, 2026
15.07
1D Returns
0%
Launched on November 2022(4 years)

Investment Details

₹1000
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹3,600
Gain
35.39%₹1,274
Total Value ₹4,874

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹4,198.92 Cr.
Expense Ratio
0.62% (inclusive of GST)
Exit Load
1.00% - If redeemed / Switched-out within 365 days from the date of allotment. Nil - If redeemed / switched-out after 365 days from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

Value Research
0
Crisil
0
Morning Star
0

Tax Implications

Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year

Canara Robeco Mutual Fund Manager

PG

Pranav Gokhale

Fund Manager since Feb 2024

SB

Shridatta Bhandwaldar

Fund Manager since Feb 2024

Fund House Details

Canara Robeco Mutual Fund

Canara Robeco Mutual Fund

Asset management company

AUM
₹1,22,253.63 Cr.
No. of Schemes
97
Setup Date
December 1987

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
Motilal Oswal Midcap Fund20.0411%
4.5
Nippon India Growth Mid Cap Fund24.1191%
4.5
HDFC Mid Cap Fund23.2295%
4

Schemes by Canara Robeco Mutual Fund

List of mutual fund schemes by AMC

Funds
3 Years Returns
Canara Robeco Mutual Fund logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Canara Robeco Balanced Advantage Fund Direct Plan Growth
0%
Canara Robeco Mutual Fund logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Canara Robeco Balanced Advantage Fund Direct Plan IDCW Payout
0%
Canara Robeco Mutual Fund logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Canara Robeco Balanced Advantage Fund Direct Plan IDCW Reinvestment
0%
Canara Robeco Mutual Fund logo

Equity . Sectoral / Thematic

Canara Robeco Banking and Financials Services Fund Direct Plan Growth
0%
Canara Robeco Mutual Fund logo

Equity . Sectoral / Thematic

Canara Robeco Banking and Financials Services Fund Direct Plan IDCW Payout
0%

About Canara Robeco Mid Cap Fund Direct Plan IDCW Payout

Canara Robeco Mid Cap Fund Direct Plan IDCW Payout is an open-ended mutual fund from Canara Robeco Mutual Fund. The fund will also offer a payout option, which means that investors will receive regular income from the fund in the form of dividends. The expense ratio of Canara Robeco Mid Cap Fund Direct Plan IDCW Payout is slightly higher than the average expense ratio for mid-cap funds in India. Being an open-ended scheme, investors can buy or sell fund units at any time.

Investment Objective of the Scheme

The fund will invest a maximum of its corpus in equity and equity-related instruments of mid-cap companies. The investment objective of Canara Robeco Mid Cap Fund is to generate capital appreciation from long-term investment in a diversified portfolio of mid-cap companies with the potential for generating above-average returns.

Key Features of The Fund

5-year return
0%
Expense Ratio
0.62%
Fund Manager
Pranav Gokhale
Fund Size
₹4198.92 Cr.
Risk Profile
Very High

Is This Scheme Right for Me?

The Canara Robeco Mid Cap Fund Direct Plan IDCW Payout is a good option for investors who are looking for a diversified portfolio of mid-cap companies with the potential to deliver capital appreciation over the long term. The fund's payout option can make it a good option for investors who are looking for a regular source of income. However, talk to your financial advisor and do your own research before making a decision.

AMC Contact Details

NameCanara Robeco Mutual Fund
Launch DateDecember 1987
Address4th Floor - Construction House, 5 - Walchand Hirachand Marg, Mumbai 400001
Contact1800-209-2726
Emailcrmf@canararobeco.com
Websitehttps://www.canararobeco.com/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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Take control of your financial future by using our systematic investment plan calculator. All you have to do is input your desired investment amount and time horizon into our SIP calculator. Witness firsthand the potential growth of your investments as you tailor your strategy to match your unique financial objectives. With a personalised approach, you can ensure steady wealth accumulation over time, bringing you closer to your financial goals.

FAQs

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Canara Robeco Mid Cap Fund Direct Plan IDCW Payout on April 03, 2026, is ₹15.07
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Canara Robeco Mid Cap Fund Direct Plan IDCW Payout, is ₹4198.92 crore.
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Canara Robeco Mid Cap Fund Direct Plan IDCW Payout is 0.62%
The Canara Robeco Mid Cap Fund Direct Plan IDCW Payout was launched on November 11, 2022. The fund has delivered a CAGR of undefined since inception.
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Canara Robeco Mid Cap Fund Direct Plan IDCW Payout is ₹1000.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

₹
₹4,874 in 3Y at 18.9503% returns
SIP Date1st of every month

Your next SIP Payment will be on 3 May 2026

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