With the aim of generating capital growth through investments in equity and equity-related securities, the scheme achieved approximately 1.79 crore in 22 years. However, it is not possible to guarantee that the scheme’s investment objective will be met. The scheme’s benchmark is the BSE 500 Total Return Index (TRI), as mentioned in the Canara Robeco press release.
Rajnish Narula, MD & CEO of Canara Robeco Asset Management Company Ltd., stated, “The flexi cap approach largely enables wealth creation across different market cycles, due to its flexibility in investing in large, mid, and small cap companies. As we move forward, our focus remains on disciplined research, prudent processes, long-term investments, and diversification, with an endeavour to provide value and sustainable growth to our investors.”
The Assets Under Management (AUM) of the Canara Robeco Flexi Cap Fund was ₹13,301.47 crore as of August 29, 2025. Managed by Shridatta Bhandwaldar, Head of Equities, and Pranav Gokhale, Fund Manager, the scheme has generated Compound Annual Growth Rate (CAGR) returns of -0.71%, 14.46%, and 18.72% over the last one, three, and five years, respectively. These compared to -4.72%, 14.41%, and 20.33% of the benchmark (BSE 500 TRI) and -1.95%, 11.65%, and 17.05% of the additional benchmark (BSE SENSEX TRI), as of date mentioned above.
Since its inception on September 16, 2003, the scheme has delivered a CAGR of 17.37% to investors, compared to 16.13% of the benchmark (BSE 500 TRI) and 16.61% of the additional benchmark (BSE Sensex TRI), according to the press release.
Further, ₹10,000 invested in the scheme at inception would have grown to ₹3,37,460 as on August 29, 2025, as against ₹2,69,298 in the benchmark. Whereas a SIP of ₹10,000 invested every month in the regular plan since inception, which would total ₹26,40,000 as of August 29, 2025, would have grown to ₹1,79,44,759, delivering a XIRR of 15.04%, according to the press release.
Under normal circumstances, the scheme may allocate 65% to 100% of its total assets towards equity and equity-related instruments, and 0% to 35% of its total assets towards debt and money-market instruments. The scheme may also invest in REITs and Invits, which range from 0% to 10% of the total assets, per the release.