Canara Robeco Large and Mid Cap Fund Review: Plans, NAV, Returns and Portfolio Analysis 2026

August 4, 2026
Posted by: Ankit Jaiswal
Category: Mutual Funds

Canara Robeco Large and Mid Cap Fund has 4 plan/option variants. Representative NAV Rs 295.72 (20-Jul-2026). Category Large And Mid Cap Fund. Risk Very High.

Canara Robeco Large and Mid Cap Fund is a large and mid cap fund offered by Canara Robeco Mutual Fund, available in Direct and Regular Plans across IDCW, Growth. The scheme aims to generate long term capital appreciation through investment in both large cap and mid cap stocks, with at least 35% of the portfolio in each segment at all times. With multiple variants, Canara Robeco Large and Mid Cap Fund lets investors choose between different cost structures and payout approaches within the same base scheme.

This article reviews Canara Robeco Large and Mid Cap Fund across all its available plans and options, covering the latest NAV, expense ratio, portfolio approach, performance, exit load and investor suitability, based on publicly available data as of August 2026.

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Table of Contents

Canara Robeco Large and Mid Cap Fund Plans and Options Available

Canara Robeco Large and Mid Cap Fund is offered across 4 scheme codes. The table below lists all available variants with ISIN codes and latest NAV figures.

Scheme Code	Plan	Option	ISIN (Growth / Payout)	ISIN (Reinvestment)	NAV (Rs)	NAV Date
118278	Direct Plan	Growth	INF760K01EI4	–	295.72	20-Jul-2026
118277	Direct Plan	IDCW	INF760K01EG8	INF760K01EH6	127.62	20-Jul-2026
102920	Regular Plan	Growth	INF760K01167	–	255.62	20-Jul-2026
102921	Regular Plan	IDCW	INF760K01175	INF760K01183	83.02	20-Jul-2026

Investment Objective and Portfolio Approach

Canara Robeco Large and Mid Cap Fund seeks to generate long term capital appreciation through investment in both large cap and mid cap stocks, with at least 35% of the portfolio in each segment at all times.

In terms of portfolio construction, the scheme holds at least 35% of assets in large cap stocks (top 100 by market capitalisation) and at least 35% in mid cap stocks (101st to 250th), with the remaining allocation flexible.

Canara Robeco Large and Mid Cap Fund Performance and Returns

Canara Robeco Large and Mid Cap Fund has delivered returns that are dependent on the fund manager’s portfolio decisions, market conditions and the expense ratio differential between plans; investors should check the latest factsheet for current figures. Performance across individual plans and options may vary slightly due to differing expense ratios and whether gains are paid out under the IDCW option or reinvested under the Growth option.

The Direct Plan of any mutual fund typically delivers a slightly higher return than the Regular Plan of the same scheme over time, since it charges a lower expense ratio by excluding distributor commission. Investors should review the latest scheme factsheet from the AMC for current performance figures.

Direct Plan vs Regular Plan: Key Differences in Canara Robeco Large and Mid Cap Fund

The Direct Plan of Canara Robeco Large and Mid Cap Fund is available for investors transacting directly with the AMC or through a registered investment advisor, and carries lower than the Regular Plan of the same scheme, since it excludes distributor commission. The Regular Plan carries not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener.

Over longer holding periods, the compounding effect of this cost difference can be meaningful, which is why cost conscious investors often prefer the Direct Plan when they are comfortable transacting without distributor support.

Growth Option vs IDCW Option in Canara Robeco Large and Mid Cap Fund

The Growth option of Canara Robeco Large and Mid Cap Fund reinvests any gains back into the scheme NAV, supporting long term wealth compounding for investors who do not need periodic payouts.

The IDCW option of Canara Robeco Large and Mid Cap Fund distributes available surplus to unit holders according to the chosen frequency, subject to the fund house declaring a distribution. Payouts under any IDCW option are not guaranteed and depend on distributable surplus.

Expense Ratio and Exit Load

The expense ratio for the Regular Plan of Canara Robeco Large and Mid Cap Fund is not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener, while the Direct Plan carries lower than the Regular Plan of the same scheme, since it excludes distributor commission. This is the annual fee deducted from the scheme’s assets.

The exit load on Canara Robeco Large and Mid Cap Fund is typically 1% exit load on redemptions within 12 months; investors should confirm in the scheme information document.

Who Should Consider Canara Robeco Large and Mid Cap Fund

Long term wealth builders. Canara Robeco Large and Mid Cap Fund suits investors with a long term horizon of 5 years or more who can ride out equity market cycles.

Investors seeking diversification. The broad market exposure in the scheme avoids concentration in a single sector or market cap segment.

Growth oriented investors. Investors focused on long term capital appreciation rather than regular income may find the scheme suitable.

Key Risks in the scheme

Equity market risk. The equity portfolio of the scheme is fully exposed to stock market downturns with no debt cushion.

Concentration risk. Being actively managed, the fund may take meaningful sector or stock level bets that can underperform the broader market.

Fund manager risk. Performance depends on the fund manager’s stock selection and market timing decisions.

How to Invest in Canara Robeco Large and Mid Cap Fund

Investors evaluating Canara Robeco Large and Mid Cap Fund should begin by deciding between the Direct and Regular Plan, and between the Growth option for long term compounding and the IDCW option for periodic payouts.

Completing KYC through a SEBI registered intermediary or the AMC portal is mandatory before investing for the first time. Investors who have existing KYC registration can proceed directly.

Investment in Canara Robeco Large and Mid Cap Fund can be made as a lump sum or through a Systematic Investment Plan of at least Rs 1,000 lump sum, followed by regular monitoring of NAV and portfolio composition at least quarterly.

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Conclusion

Canara Robeco Large and Mid Cap Fund is a large and mid cap fund scheme from Canara Robeco Mutual Fund available across 4 plan and option variants, giving investors flexibility in cost structure and payout approach. The representative NAV of Rs 295.72 for the Direct Plan Growth option as on 20-Jul-2026 reflects the scheme’s performance since launch. Investors should review the latest scheme information document and consult a SEBI registered advisor before investing.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions on Canara Robeco Large and Mid Cap Fund

What plans and options are available in Canara Robeco Large and Mid Cap Fund?

Ans. Canara Robeco Large and Mid Cap Fund is available in Direct and Regular Plans and IDCW, Growth, giving investors 4 scheme codes to choose from depending on cost preference and payout requirements.

What is the latest NAV of Canara Robeco Large and Mid Cap Fund?

Ans. The latest NAV of the Direct Plan Growth option of Canara Robeco Large and Mid Cap Fund is Rs 295.72 as on 20-Jul-2026. NAVs for all plan and option variants are updated at the end of every business day.

What is the investment objective of Canara Robeco Large and Mid Cap Fund?

Ans. The primary objective of Canara Robeco Large and Mid Cap Fund is to generate long term capital appreciation through investment in both large cap and mid cap stocks, with at least 35% of the portfolio in each segment at all times.

What is the difference between the Direct and Regular Plan in Canara Robeco Large and Mid Cap Fund?

Ans. The Direct Plan of Canara Robeco Large and Mid Cap Fund carries lower than the Regular Plan of the same scheme, since it excludes distributor commission, excluding distributor commission. The Regular Plan carries not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener. The lower cost of the Direct Plan can improve long term compounding.

What is the expense ratio of Canara Robeco Large and Mid Cap Fund?

Ans. The Regular Plan of Canara Robeco Large and Mid Cap Fund carries an expense ratio of not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener, and the Direct Plan carries lower than the Regular Plan of the same scheme, since it excludes distributor commission. The exact current figure can be confirmed in the latest AMC factsheet.

What is the exit load on Canara Robeco Large and Mid Cap Fund?

Ans. The exit load on Canara Robeco Large and Mid Cap Fund is typically 1% exit load on redemptions within 12 months; investors should confirm in the scheme information document. Investors should confirm this in the current scheme information document before redeeming.

Who should invest in Canara Robeco Large and Mid Cap Fund?

Ans. Canara Robeco Large and Mid Cap Fund can suit investors whose financial goals, risk appetite and investment horizon align with the large and mid cap fund category. Consult a SEBI registered advisor to assess personal suitability.

Is Canara Robeco Large and Mid Cap Fund a good investment?

Ans. Canara Robeco Large and Mid Cap Fund can be appropriate for investors who understand the large and mid cap fund category mandate and are comfortable with the associated risk. Past performance does not guarantee future returns.

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Author: Ankit Jaiswal

Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.