Canara Robeco Manufacturing Fund Direct Growth

Canara Robeco Manufacturing Fund Direct Growth is an equity fund. This fund was started on 11 March, 2024. The fund is managed by Pranav Gokhale, Shridatta Bhandwaldar. The fund could potentially beat inflation in the long-run.

1. Canara Robeco Manufacturing Fund Direct Growth has ₹1627 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.7.
   

Canara Robeco Manufacturing Fund Direct Growth has given a CAGR return of 20.20% since inception. Over the last 1 year the fund has given a CAGR return of 1.28%.

Canara Robeco Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Energy, Consumer Defensive, Health, Tech. Its top holdings are Mahindra & Mahindra Ltd, Bharat Electronics Ltd, Reliance Industries Ltd, Maruti Suzuki India Ltd, Solar Industries India Ltd

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The scheme aims to generate long-term capital appreciation by investing predominantly in equities and equity related instruments of companies engaged in the Manufacturing theme. However, there can be no assurance that the investment objective of the scheme will be realized.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Canara Robeco Manufacturing Fund Direct Growth has no lock in period.