AMC Canara

Canara Robeco Mutual Fund

Canara Robeco Asset Management Company Ltd. (CRAMC), also known as Canara Robeco Mutual Fund, is the second oldest and fastest-growing mutual fund house in India in terms of fund size. It is a partnership between Canara Bank, one of India's oldest public banks, and Robeco, a global asset management company based in the Netherlands. 

 

List of Canara Robeco Asset Management Co. Ltd. Fund Managers

Name
Experience
Schemes
AUM (Cr)
Ennette Fernandes
10 Years
6
₹22577 Cr
Suman Prasad
22 Years
17
---
Kunal Jain
13 Years
29
---
Shridatta Bhandwaldar
13 Years
36
---
Avnish Jain
21 Years
51
---
Pranav Gokhale
14 Years
12
---

Key information about Canara Robeco Mutual Funds

Mutual fund name

ICICI Prudential Mutual Fund

Name of trustees

Mr. Vimal Bhandari (Chairman)

Mr. V. Srinivasa Rangan (Director)

Mr. Mehernosh Kapadia (Independent Director)

Mr. Dindayal Jalan (Independent Director)

How to Invest in Canara Robeco MF

Investing in Canara Robeco Mutual Fund schemes through INDmoney is an easy process. Follow the steps mentioned below to start investing:

  • Step 1: Open an INDmoney account

    First, download the INDmoney mobile app from the Google Play Store or Apple App Store. Once done, open the app and set up your account by providing some personal details.

  • Step 2: Complete your KYC

    Login using your registered credentials and undergo the KYC verification process. For this, you need to upload your PAN card, Aadhaar card, voter ID card and driving licence.

  • Step 3: Link your bank account

    Look for the option to link your bank account on the app. You need to enter all the bank account details to complete the linking process.

  • Step 4: Select a mutual fund

    Scroll below and choose Canara Robeco Mutual Fund schemes. INDmoney makes it easy for you to analyse different mutual fund schemes, based on factors like risk-return ratio and past market trends.

  • Step 5: Select your payment mode

    Choose a suitable payment method for investing in ITI mutual funds from the two available options, SIP or lump sum. Make the payment to start investing. Once you go through all the above-mentioned steps, you will receive units of the fund in your INDmoney account within 3-4 working days. INDmoney ensures a cost-effective investment experience for all individuals by charging zero transaction fees. Import your existing mutual fund investments and check their analytics for free on our app.

Factors to Consider before Investing in ITI Mutual Fund AMC

When it comes to investing in mutual funds, there are some factors that you need to consider to make an informed decision. Some of those factors are discussed below:

  • AMC performance

    Given that most investment decisions are made by the fund house, selecting the right company is essential. As an investor, you should check the past records of an asset management company before investing.

  • Fund performance

    Before investing in these mutual funds, you must check their past year’s performance. It will help you analyse the Canara Robeco mutual fund returns and risks under different market conditions.

  • Fund manager experience

    The qualification and experience of the fund managers in ITI Asset Management Limited is another important factor to consider. You must choose a mutual fund based on the fund manager’s ability to add value by actively managing the fund.

  • Expense ratio

    The expense ratio is an annual expense that investors need to pay for managing a mutual fund, including the fund manager’s fees and operation costs. By choosing funds with lower expense ratios, you can increase your net profits.

  • Assets Under Management

    As the name suggests, AUM or Assets Under Management represents the total assets managed by an asset management company (AMC). A larger AUM indicates better popularity and a substantial pool of funds. As of 2024, ITI Mutual Fund’s AUM stands at Rs. 6,364 crore.

  • Risk Appetite

    Mutual funds are vulnerable to market changes, so it is essential to know how much risk you can comfortably take. Depending on how much risk you can tolerate, you should choose a scheme that matches your risk appetite.

Frequently asked questions on Canara Robeco MF Asset Management Compnay

Before investing, you must learn about mutual funds by reading analysts' reports online. These reports provide information about the mutual fund. You can also contact financial advisors to assist you in making better investment decisions.

A team of skilled fund managers actively manages these funds. These managers use their expertise, research, and awareness of market trends to make investment decisions, aiming to deliver returns in line with the scheme’s objectives.

Yes, you can stop your SIP in Canara Robeco Mutual Fund for up to three months. If you have invested directly in the funds, you will need to fill out an online SIP pause form and mention the duration when you want to stop your SIPs. 

Yes, investing in Canara Robeco Mutual Funds is safe because they are regulated by the Securities and Exchange Board of India (SEBI) and adhere to strict regulatory standards. However, all mutual funds are market-linked investments, so they always carry some risks.

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