Canara Robeco Mid Cap Fund reaches Rs 4,000 crore AUM in 3 years, offers CAGR of 21% since inception

Canara Robeco Mid Cap Fund, an open ended equity scheme predominantly investing in mid-cap stocks, has reached an AUM of Rs 3,996.69 crore in three years of launch (as of November 28, 2025) and since its inception, the fund has delivered a CAGR of 20.75%, according to a press release by the fund house.

Since its inception, the scheme (Regular Plan – Growth Option) has delivered a CAGR of 20.75% to investors as against 22.22% of the benchmark and 12.31% of the additional benchmark.

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The last 1-year Compounded Annual Growth Rate (CAGR) returns of Regular Plan - Growth Option of the Scheme is 6.37%, as compared to 5.10% of the benchmark (BSE 150 Mid Cap TRI) and 8.72% of the additional benchmark (BSE SENSEX TRI), considering the returns as on 28th November 2025.

Further, Rs 10,000 invested in the scheme (Regular Plan – Growth Option) at inception would have grown to Rs 17,580 as on November 28, 2025 as against Rs 18,225 in the benchmark and Rs 14,153 in the additional benchmark.

“Over the years, Canara Robeco Mid Cap Fund has stayed true to its investment philosophy. We are grateful to our investors for the confidence they have shown in us. As a fund house, we remain committed to identifying high potential opportunities within the mid cap segment and navigating market cycles with a disciplined, research driven approach,” said Rajnish Narula, Managing Director and Chief Executive Officer, Canara Robeco Asset Management Company.

“Canara Robeco Mid Cap Fund aims to capture India’s growth potential by focusing on scalable and competitive mid-sized businesses with strong fundamentals. Over its three-year journey, the fund has stayed aligned to its core philosophy of investing in quality mid-cap companies with sustainable growth drivers,” said Shridatta Bhandwaldar, Chief Investment Officer – Equities at Canara Robeco Asset Management Company.

Bhandwaldar further added that, “A disciplined approach to stock selection and diversification within the mid-cap universe may help deliver risk-adjusted returns, and we continue to look for businesses with strong execution, robust balance sheets, and long-term compounding potential.”

“Canara Robeco Mid Cap Fund has built a meaning full presence over the past three years by investing in high-quality, growth-oriented mid-sized companies,” said Gaurav Goyal, Head – Sales and Marketing, Canara Robeco Asset Management Company.

“As a business, we continue to witness strong momentum driven by disciplined fund management and expanding investor trust. The AUM of Canara Robeco Mid Cap Fund was Rs. 3,996.69 crore as of November 28, 2025. Mid cap funds as a category saw an AUM growth of 150% in the last 3 years i.e. from October 2022 to October 2025. This shows growing investor interest in the category,” Goyal added.

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The fund is managed by Pranav Gokhale, Fund Manager, and Shridatta Bhandwaldar, Chief Investment Officer - Equities. The benchmark of the scheme is BSE 150 Mid Cap Total Return Index (TRI).

The investment objective of the Scheme is to generate capital appreciation by investing predominantly in equity and equity related instruments of mid cap companies.

The scheme can allocate 65% to 100% of the total assets towards equity and equity related instruments of mid cap companies and 0% to 35% towards other equity and equity related instruments of companies other than Midcap Companies, debt and money market instruments. The scheme may also invest in REITs and InviTs which range from 0% to 10% of its total assets.