MonitorDirect · GrowthWatch before adding
Canara Robeco Mid Cap Fund
Canara Robeco Mutual FundEquity Schemes - Mid Cap Fund3.9 years
The Scheme seeks to generate capital appreciation by investing predominantly in equity and equity related instruments of mid cap companies.
- NAV
- 18.23
- 29 Oct 2026
- 1Y
- -1.3%
- Trailing CAGR
- AUM
- ₹4,992.95 Cr
- 30 Sept 2026
- Volatility
- Medium
- 15.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer WhiteOak Capital Mid Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
3.9 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.91% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -21.2%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Pranav Gokhale · 3.0 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 26.4% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 21%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-1.3%
- 3Y+15.9%
- 5Yn/a
- 10Yn/a
- SI+16.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.4%
- 3Y+7.2%
- 5Yn/a
- 10Yn/a
- Since inception
- +16.6%
- Calendar-day CAGR
- Excess 1Y
- -1.3%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 33
- Vs comparable share classes
- SIP 3Y XIRR
- +7.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +14.3%
- 219 daily-ending windows
- Median rolling 3Y
- +20.2%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -21.2%
- Worst peak-to-trough
- Current
- -8.2%
- Below last peak
- Current spell
- 65 days
- Days below latest peak
- Time below peak
- +83%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 9 days
- 58 recovered episodes
- Longest recovery
- 173 days
- Trough to prior peak
24 Sept 2024 – 20 Aug 2025
Trough 28 Feb 2025 · recovered in 173 days
-21.2%
18 Sept 2025 – 6 May 2026
Trough 23 Mar 2026 · recovered in 44 days
-13.8%
25 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-11.7%
3 Jun 2024 – 7 Jun 2024
Trough 4 Jun 2024 · recovered in 3 days
-6.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
33
Vs category
42
Consistency
12
Risk-adjusted
61
Drawdown
47
Mean
39
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 61 holdings · top 10 are 26.4%.
- Top 5
- 14.8%
- Top 10
- 26.4%
- Largest holding
- 3.4%
- Effective holdings
- 52.8
Repo
Unspecified
3.4%
Multi Commodity Exchange Of India Ltd
Financial
3.2%
Lenskart Solutions Ltd.
Consumer Discretionary
3.0%
Bharat Heavy Electricals Ltd
Industrials
2.7%
Global Health Ltd
Healthcare
2.6%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
DECISION
Status moved from MONITOR to REVIEW.
22 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
18 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
17 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
WhiteOak Capital Mid Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- +4.5%
- 3Y
- +20.6%
- Vol
- 14.8%
- Max DD
- -19.3%
- Sharpe
- 0.99
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
BANDHAN MID CAP FUND
Bandhan Mutual Fund
- 1Y
- +2.8%
- 3Y
- +17.4%
- Vol
- 15.0%
- Max DD
- -22.7%
- Sharpe
- 0.75
- 3Y win
- +6%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
Invesco India Mid Cap Fund
Invesco Mutual Fund
- 1Y
- -0.1%
- 3Y
- +22.0%
- Vol
- 16.2%
- Max DD
- -34.1%
- Sharpe
- 0.88
- 3Y win
- +52%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Helios Mid Cap Fund
Helios Mutual Fund
- 1Y
- +2.2%
- 3Y
- n/a
- Vol
- 16.5%
- Max DD
- -16.7%
- Sharpe
- 0.79
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns
HSBC Midcap Fund
HSBC Mutual Fund
- 1Y
- +10.9%
- 3Y
- +22.2%
- Vol
- 17.2%
- Max DD
- -26.0%
- Sharpe
- 0.93
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER