Canara Robeco Mutual Fund

This mutual fund invests in companies showing both growth and value traits, aiming for high revenue. It seizes market downturns to buy undervalued stocks from value companies at discounted prices, balancing potential growth opportunities with risk management.

MR. Anup Maheshwari (CIO)

MR Anup Maheshwari is the co-founder and Chief Investment Officer (CIO). He obtained a Post Graduate Diploma in Management (PGDM) from the Indian Institute of Management in Lucknow. Mr Maheshwari brings plenty of knowledge to the financial services sector, having spent over 24 years there. Before joining IIFL Asset Management Limited, he was an Executive Vice President and Chief Investment Officer at DSP Investment Managers Private Limited for nearly 11 years. His professional experience includes positions with HSBC Asset Management (India) Private Limited and Merrill Lynch India Equities Fund (Mauritius) Limited. Mr. Maheshwari is a Commerce graduate from Bombay University.

Canara Robeco Asset Management Company (CRAMC), which manages Canara Robeco Mutual Fund, is a collaboration between Canara Bank and Robeco of the Netherlands. Combining Canara Bank's Indian market expertise with Robeco's global knowledge, the company manages a portfolio worth around US$180 billion worldwide.

Canbank Mutual Fund was founded in December 1987 and was renamed Canara Robeco Mutual Fund in 2007 after a cooperation with Robeco. Since then, it has continuously been one of India's fastest-growing mutual funds, with an impressive 94% year-on-year gain from March 2009 to March 2010. Canara Robeco Asset Management Company Ltd. provides a variety of investment choices, including equity schemes, hybrid funds, and debt products, to fulfil the different demands of investors.

It is the most important step when entering into the Canara Robeco MF. It takes a clear understanding of various factors such as:

• Creating Goals: Establish attainable objectives for your financial decisions. Identify and create a strategy to address their requirements.
• Risk Tolerance Assessment: Determine how comfortable you are with risk, keeping in mind that higher risk can provide higher rewards.
• Applying Diversification: To lower risk and boost potential earnings, distribute your investments among several industries.
• Self-education: Make it a priority to educate yourself about finances. Examine historical results and financial operations.
• Regular Monitoring: Keep a close eye on your investments and adjust them as needed in response to shifts in the market.
• Seeking Advice: Speak with experts because changes in the market could affect mutual funds.

You may use the SIP Calculator to view annual returns and get help making better financial decisions, which can help you create achievable goals when it comes to mutual funds.

You can Invest in Canara Robeco Mutual Funds in a variety of methods, with mysiponline standing out for its easy and simple means of investing.

• Step 1: Log in to MySIPonline
• Step 2:  Check your KYC and if it is not registered do Video KYC
• Step 3: Complete profile (PAN card, aadhar, bank details, nominee, signature)
• Step 4: Explore top funds from Respective AMC Name or Talk to an expert.
• Step 5: Select your preferred Fund.
• Step 6: Add funds to the cart and choose the investment option.
• Step 7: Make a payment from UPI or net banking.
• Step 8: Track investment daily on a dashboard and use our analysis to manage it.

In the end, every investor needs an easy source to conduct their investment journey smoothly. MySIPonline provides all such services including investments through Online SIP.

The taxation of Canara Robeco Mutual Funds depends on which category they fall under equity or debt.

Equity-Oriented Mutual Funds

• Short-term Capital Gains (STCG): Taxed at a flat rate of 15% if units are sold within one year of purchase.
• Long-term Capital Gains (LTCG): Gains exceeding Rs. 1 lakh in a financial year are taxed at 10% without indexation if units are sold after one year.

Debt-Oriented Mutual Funds

• Short-term Capital Gains (STCG): Taxed according to the investor's income tax slab rate if units are sold within three years of purchase.
• Long-term Capital Gains (LTCG): Taxed at a rate of 20% with the benefit of indexation if units are sold after three years.