UTI vs Canara Robeco Mutual Fund: Which Mutual Fund House is Better for You?
Selecting an Asset Management Company while investing in mutual funds is as crucial as choosing the ideal scheme. UTI Mutual Fund and Canara Robeco Mutual Fund are two of India's most reputed AMCs, with their own heritage, strengths, and investor base.
As of June 2025, UTI Mutual Fund has a huge AUM of ₹3.6 lakh crore, ranking among the biggest mutual fund houses in India. In contrast,
Canara Robeco Mutual Fund has gradually earned investor confidence with a more concentrated strategy and an AUM of ₹1 lakh crore with consistent growth over the past few years.
Both the AMCs offer various investor needs through products such as equity funds, debt funds, ELSS, ETFs, and hybrid funds. But the million-dollar question is: Which AMC is best for you – UTI or Canara Robeco?
Invest in Indian Markets and Unlock Future Potential With 5paisa!About the AMC
| UTI Mutual Fund | Canara Robeco Mutual Fund |
| Founded in 1964, UTI is India’s oldest mutual fund house with extensive market reach and a vast investor base. | Established in 1993, Canara Robeco is a joint venture between Canara Bank (a PSU giant) and Robeco (a Dutch asset manager). |
| AUM as of June 2025: ₹3.6 lakh crore | AUM as of June 2025: ₹1 lakh crore |
| Offers a broad range of Equity, Debt, Hybrid, and Thematic Funds. | Known for robust Equity Schemes and consistent Debt Fund performance. |
| Strong presence in Tier-2 and Tier-3 cities with an extensive distribution network. | Appeals to retail investors and professionals seeking steady SIP-based wealth creation. |
Fund Categories Offered
Both UTI AMC and Canara Robeco AMC provide a variety of investment schemes, suitable for all investor types.
- Equity Funds: Large-cap, mid-cap, small-cap, flexi-cap, and thematic equity mutual funds.
- SIPs: Both AMCs allow systematic investment plans, with options starting as low as ₹500 per month.
- Debt Funds: Liquid funds, corporate bond funds, overnight funds, and dynamic bond funds.
- Hybrid Funds: Balanced advantage funds, aggressive hybrid funds, and equity savings funds.
- ELSS (Tax Saving Funds): 80C tax-saving equity funds with a 3-year lock-in.
- ETFs & Index Funds: Passive investment options tracking Nifty, Sensex, and global indices
Top Funds Offered
Here’s a list of the Top 10 Funds from each AMC (based on performance, popularity, and AUM size):
Take a look at our dedicated comparison page to compare mutual funds and make informed financial choices.
Unique Strengths of Each AMC
UTI Mutual Fund Strengths
Distributed Broadly: Wide spread in semi-urban and rural markets.
Debt Fund Strength: Unmatched popularity in liquid, treasury, and hybrid funds.
Investor-Focused Strategy: Renowned for transparency, stability, and risk-averse investment approaches.
UTI SIP Features: Flexible SIPs from ₹500/month, attracting novice investors.
Brand Legacy & Trust: Being India's first mutual fund house, UTI enjoys unmatched credibility.
Portfolio Management Services (PMS): UTI also offers portfolio management for HNIs, above retail schemes.
Canara Robeco Mutual Fund Strengths
Equity Performance: Continuously top in long-term equity fund performance.
Tax Saving Advantage: Their ELSS fund has given good returns, so it is a top pick under Section 80C.
Global Expertise: Supported by Robeco's global fund management expertise.
Strong SIP Book: Favorite among young professionals investing for long-term wealth creation.
Balanced Options: Good combination of equity, hybrid, and ELSS funds suiting various objectives.
Digital-first AMC: Convenient to purchase Canara Robeco Mutual Fund online or invest with 5paisa.
Who Should Invest?
Both UTI AMC and Canara Robeco AMC cater to different investor personas.
Choose UTI Mutual Fund if you:
- Prefer conservative debt funds and hybrid schemes.
- Value a trusted fund house with decades of credibility.
- Are a first-time investor looking to start with UTI SIP ₹500 per month.
- Want to invest in India’s most trusted AMC with a large AUM base.
Choose Canara Robeco Mutual Fund if you:
- Focus on long-term wealth creation through equity funds.
- Prefer a fund house with a strong track record in tax-saving schemes (Canara Robeco ELSS).
- Are comfortable investing in high-growth themes like small-cap or infrastructure.
- Want to leverage global fund management expertise along with Indian market knowledge.
Conclusion
Both UTI Mutual Fund and Canara Robeco Mutual Fund are robust AMCs with contrasting strengths. UTI MF, having an AUM of ₹3.6 lakh crore, is best suited for stability-oriented investors, conservative exposure seekers, and those who desire extensive distribution coverage.
In contrast, Canara Robeco MF, having an AUM of ₹1 lakh crore, excels in terms of consistent equity returns, ELSS performance, and international expertise.
Explore our options in mutual fund and find one that aligns with your financial goals.
Finally, the better AMC is based on your investment horizon and risk appetite. Conservative investors have their first choice AMC as UTI, whereas growth-seekers might find Canara Robeco more lucrative.
Frequently Asked Questions
What are the AUM of UTI Mutual Fund and Canara Robeco Mutual Fund?
Is Canara Robeco Mutual Fund suitable for long-term?
Which UTI fund is ideal for SIP?
Can I invest in UTI and Canara Robeco via 5paisa?
- Flat ₹20 Brokerage
- Next-gen Trading
- Advanced Charting
- Actionable Ideas
Trending on 5paisa
5paisa Capital Ltd
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.