Canara Robeco Large & Midcap Fund: Track record of wealth creation and alpha

Canara Robeco Large and Midcap Fund has completed more than 20 years since its launch in 2005. This large and midcap scheme has a great track record of wealth creation. If you invested Rs 1 lakh in the scheme at the time of its inception, your investment would have multiplied 25X to Rs 25.08 lakhs. The scheme created alpha for investors outperforming its benchmark index. In this article, we will review Canara Robeco Large and Midcap Fund.

Source: NSE, Advisorkhoj Research as on 16^th September 2026

Current Market Scenario

Markets turned volatile again due to heightened geo-political risks and uncertainties. FII flows turned negative in September after 2 months of net inflows. Net FII outflow on a year-to-date basis is Rs 2.5 lakh crores (source: NSDL, as on 15^th September 2026). Volatile market conditions persisting since the beginning of the year have brought down valuations from their previous peaks in large and midcap segments. The correction can provide investment opportunities in high-quality stocks at reasonable valuations. The macros of Indian economy remain robust with strong GDP growth of 7.8% in Q1 FY 2026-27. Fiscal deficit in the first four months of the FY 2026-27 narrowed compared to the same period in the previous year. In the current market conditions, large and midcap funds may be suitable for long term investors.

Source: NSE, Advisorkhoj Research as on 31^st August 2026

Canara Robeco Large and Midcap Fund Regular Growth Option

The fund follows a bottom-up approach to predominantly invest in a well-diversified portfolio of companies within large (top 100 companies by market capitalization) and midcap (101^st to 250^th companies by market capitalization) stocks and endeavours to identify the potential stocks within the segment. As per SEBI's mandate, large and midcap funds must invest minimum 35% each in large and midcap stocks. Large cap stocks endeavour to provide stability & liquidity and mid cap stocks can potentially generate higher returns to the portfolio.

Wealth Creation with Canara Robeco Large and Midcap fund

A monthly SIP of Rs 10,000/ would have grown to Rs 2.05 Crores as on 16th September 2025 giving an XIRR of 16.5%. (see the chart below)

Source: NSE, Advisorkhoj Research as on 16^th September 2026

Consistent outperformance versus benchmark index

The table below show the rolling returns distribution of the Canara Robeco Large and Midcap Fund versus the benchmark index for different investment tenures since the inception of the scheme. You can see that the scheme had more percentage instances of 12%+ CAGR returns compared to the benchmark index across different investment tenures.

Source: NSE, Advisorkhoj Research as on 16^th September 2026. 1. Benchmark: Nifty Large Midcap 250 TRI

Consistent outperformance versus category average

The charts below show the rolling returns distribution of the Canara Robeco Lare and Midcap Fund versus the large and midcap category average for different investment tenures since the inception of the scheme. You can see that the scheme had more percentage instances of 12%+ CAGR returns compared to the category average across different investment tenures.

Source: NSE, Advisorkhoj Research as on 16^th September 2026. 1. Category: Large and Midcap Fund category average

SIP Rolling Returns

The chart below shows the 10 year rolling SIP XIRR of Canara Robeco Large and Midcap Fund since the inception of the scheme. You can see that the scheme has always given double digit SIP XIRR returns over 10 year SIP tenures.

Source: Advisorkhoj Research as on 16^th September 2026.

The table below show the rolling SIP XIRR distribution of the Canara Robeco Large and Midcap Fund versus the benchmark index for different SIP tenures since the inception of the scheme. You can see that the scheme had more percentage instances of 12%+ CAGR returns compared to the benchmark index across different investment tenures.

Source: NSE, Advisorkhoj Research as on 16^th September 2026. 1. BM: Nifty Large Midcap 250 TRI

Strong SWP track record

The chart below of shows the result of Rs 70,000 monthly SWP from an investment of Rs 1 crore in Canara Robeco Large and Midcap Fund over the last 20 years. You can see that despite withdrawing Rs 1.68 crores (more than what you had invested), the value of your balance units would have grown to Rs 6.23 crores in the last 20 years.

Source: NSE, Advisorkhoj Research as on 16^th September 2026

Current Portfolio Construct

Source: Advisorkhoj Research, NSE, as on 31^st August 2026

Who should invest in Canara Robeco Large and Midcap Fund?

• Investors looking to build their core equity portfolio for long-term wealth creation.


• Investors should have minimum 5-year investment horizon for this fund.


• Investors should have high risk-taking appetite for investing in this fund.

Investors should consult with their financial advisor or mutual fund distributor if Canara Robeco Large and Midcap Fund is suitable for their investment needs.