Canara Robeco AMC

SEBI board decided on Wednesday to cut the expense ratio for mutual funds, revising its long-standing norms in an effort to boost retail investors' participation and improve compliance.

Canara Robeco Asset Management share price has delivered moderate returns of over 2.73 per cent in the past five trading sessions. Canara Robeco AMC shares got listed on the bourses on October 16.

Canara Robeco AMC IPO received bids for 33,99,83,168 shares as against 3,48,98,051 shares on offer, as per data from BSE, translating into a subscription status of 9.74 times.

Canara Bank's shares continued to rally, increasing 1.3% to ₹128.40, approaching a 14-year high. The stock has gained 61.50% since March and 27% year-to-date, fueled by positive developments including possible increase in FPI limits.

Shridatta Bhandwalda anticipates a recovery in earnings growth for FY26 and FY27. He believes that with fair valuations in large caps and above-average valuations in mid/small caps, we expect the market to undergo consolidation.

Canara Robeco Mutual Fund House recently launched Canara Robeco Mid-Cap Fund. Here's all you need to know about the NFO:

SEBI board decided on Wednesday to cut the expense ratio for mutual funds, revising its long-standing norms in an effort to boost retail investors' participation and improve compliance.