Canara Robeco Asset Management Company Ltd. (CRAMC), also known as Canara Robeco Mutual Fund, came into existence in 2007 through a collaborative venture between Canara Bank, a venerable and expansive public sector bank in India, and Robeco, an international asset management company based in the Netherlands. The establishment of this fund house transpired when Canbank Mutual Fund divested 49% of its stake to Robeco Groep N.V. As of December 2023, the Asset Management Company (AMC) oversees Assets Under Management (AUM) of more than 79 thousand crores.
Inception date | December 19, 1987 |
Sponsor (s) | Canara Bank & ORIX Corporation Europe N. V. (Formerly Known as Robeco Groep N.V.) |
Chief Executive Officer | Mr. Rajnish Narula |
Chief Investment Officer | Mr. Shridatta Bhandwaldar (Head – Equities) & Mr. Avnish Jain (Head – Fixed Income) |
No. of Schemes | 23 |
Average AUM (Rs. in Crores) | 87984.86 |
As on February 2024
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