ICICI Prudential vs Canara Robeco Mutual Fund: Which Mutual Fund House is Better for You?

Our comparison page allows you to compare mutual funds with all the necessary information in one place.

Unique Strengths of Each AMC

ICICI Prudential Mutual Fund Strengths

• Large Distribution Network: Presence in almost every city and a wide reach through ICICI Bank branches.
• Strong in Debt & Hybrid Funds: ICICI Prudential Debt Funds and ICICI Prudential Balanced Advantage Fund are investor favorites.
• Trusted Brand: Backed by ICICI Bank and Prudential Plc, ensuring strong corporate governance.
• Product Innovation: Pioneers in dynamic asset allocation strategies (balanced advantage funds).
• Tax Saving Options: Best ICICI Prudential ELSS funds for Section 80C benefits.
• Digital Access: Easy to buy ICICI Prudential Mutual Funds online or invest in ICICI Prudential MF through 5paisa.

Canara Robeco Mutual Fund Strengths

• Equity-Oriented Expertise: Known for consistent long-term equity mutual fund performance.
• Strong SIP Book: Attracts retail investors with affordable SIPs (starting ₹500 per month).
• Heritage & Trust: Backed by Canara Bank’s legacy and Robeco’s global investment strategies.
• Steady Growth: Achieved AUM of ₹1 lakh crore in 2025 with a retail investor-friendly approach.
• Focus on Tax Saving & ELSS: Popular among first-time investors for Canara Robeco Equity Tax Saver Fund.
• Balanced Offerings: Provides both aggressive equity schemes and stable debt funds for diverse risk profiles.

Who Should Invest?

Choosing between ICICI Prudential Mutual Fund and Canara Robeco Mutual Fund depends on your risk profile, investment horizon, and financial goals.

Choose ICICI Prudential Mutual Fund if you:

• Prefer conservative investment schemes like debt and hybrid funds.
• Want the security of a large fund house with ₹9.8 lakh crore AUM.
• Are looking for top-performing balanced advantage funds and innovative products.
• Want to open SIP with ICICI Prudential starting at just ₹500 per month.
• Value a strong distribution network for easy access and customer service.

Choose Canara Robeco Mutual Fund if you:

• Want long-term equity exposure with consistent returns.
• Prefer an AMC with strong retail investor focus and transparent portfolio management.
• Seek affordable SIP options such as Canara Robeco SIP ₹500 per month.
• Are looking for the best Canara Robeco equity mutual funds for long-term wealth creation.
• Prefer tax-saving funds like Canara Robeco Equity Tax Saver (ELSS).

Conclusion

Both ICICI Prudential Mutual Fund and Canara Robeco Mutual Fund have carved their space in India’s mutual fund industry. ICICI Prudential MF, with its massive AUM, strong hybrid and debt offerings, and widespread distribution, is ideal for investors seeking stability, trust, and conservative exposure. Canara Robeco MF, on the other hand, appeals to equity-oriented and long-term investors who prefer consistent growth and affordable SIPs.

Ultimately, the best AMC depends on your investment style—stability with ICICI Prudential or growth with Canara Robeco.