Canara Robeco Mid Cap Fund Hits ₹4,000 Crore AUM in 3 Years

Canara Robeco Mid Cap Fund has reached an Asset Under Management figure of ₹3,996.69 crore as of November 28, 2025. The fund completed its 3-year record during a period of rising interest in mid-cap schemes.  

Data from AMFI shows that AUM for the mid-cap category grew 150% between October 2022 and October 2025. 

3-Year Performance Record 

As per news reports, the scheme, launched in December 2022, has delivered a Compounded Annual Growth Rate of 20.75% since inception under its Regular Plan – Growth Option.  

Over the same period, the benchmark BSE 150 Mid Cap TRI reported a CAGR of 22.22%, while the BSE Sensex TRI, used as an additional benchmark, recorded 12.31%. 

Short-Term Return Details 

For the 1-year period ending November 28, 2025, the fund posted returns of 6.37%. This compares with 5.10% for the benchmark and 8.72% for the additional benchmark. 

 A ₹10,000 investment at launch would have grown to ₹17,580, whereas the benchmark equivalent would stand at ₹18,225 and the BSE Sensex TRI at ₹14,153. 

Portfolio Structure and Allocation Range 

The scheme is structured as an open-ended equity fund focused on mid-cap stocks. Under SEBI’s category norms, it may allocate 65-100% of its assets to mid-cap equities.  

The remainder can be invested in other equities, debt, or money-market instruments, with a maximum of 10% permitted in REITs and InvITs. The fund is managed by Pranav Gokhale and Shridatta Bhandwaldar, who also serves as CIO – Equities. 

Read More: AMFI: Mutual Funds Log ₹29,894 Crore Net Equity Inflows in November 2025! 

Conclusion 

With its 3-year history now completed, the Canara Robeco Mid Cap Fund has built a sizeable AUM base and delivered returns that show movement in the broader mid-cap segment and its stated investment strategy. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   

Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.