Canara Bank SIP Investment

What is Canara Bank SIP Investment?

Canara Bank SIP Investment is a Systematic Investment Plan (SIP) that allows you to invest in mutual funds and insurance funds regularly, with small fixed amounts. It helps you invest over time without needing a large amount at once. 

A SIP calculator can help you estimate your future returns from your regular investments in the Canara SIP plans for a fixed period.

Key Features:

• Affordable: You can start with small amounts, often as low as ₹500.

• Flexibility: Allows you to choose the amount and frequency (monthly or quarterly).

• Wealth Creation: You can choose from a variety of best SIP plans to invest for long-term growth.

• Rupee Cost Averaging: Reduces the impact of market fluctuations by buying units at different prices.

Canara Bank SIP Calculator Online

The Canara Bank SIP Calculator helps you estimate the future value of your Systematic Investment Plan investments. It considers factors like monthly investment amount, expected returns, and investment duration. This online tool provides a simple way to plan your Canara Bank SIP plans and visualize how your money can grow over time. 

Top Canara Bank SIP Plans in India in 2025^~

Canara Bank offers several ULIP and mutual fund schemes through SIPs (Systematic Investment Plans) for investors seeking consistent returns and long-term growth. 

Following are the best SIP plans for 2024 under different categories:

Canara SIP Plans - ULIP Funds

SIP Calculator

I know my investment amount I know my goal amount

Monthly SIP Yearly SIP Lumpsum

I want to invest Pro Tip

Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth

/Month

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

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Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

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Total Wealth ₹22.4 L

View Plans

I want to save

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

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Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

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Monthly Investment ₹22.4 L

View Plans

Top Funds with High Returns (Past 7 Years)

12.4%

Equity Pension

16.14%

Global Equity Index Funds Strategy

17.8%

High Growth Fund

15.5%

Pension India Consumption Fund

20.55%

Multi Cap Fund

14.29%

Accelerator Mid-Cap Fund II

15.52%

Multiplier

14.14%

Frontline Equity Fund

18.41%

Pension Mid Cap Fund

10.66%

Equity II Fund

13.87%

US Equity Fund

14.47%

Growth Opportunities Plus Fund

11.51%

Equity Top 250 Fund

13.36%

Future Apex Fund

11.25%

Pension Dynamic Equity Fund

13.72%

Accelerator Fund

Details of Canara SIP Plans in ULIP 

1. Canara HSBC Growth Plus Fund

   Canara HSBC Growth Plus Fund is offered with a Canara HSBC Life ULIP Plan (Unit Linked Insurance Plan) and focuses on equity and debt assets with the aim for long-term capital growth. It balances aggressive equity investments with stable debt holdings​

   • Investment Objective: Aims to provide long-term capital appreciation by investing primarily in equity and equity-related instruments.

   • Benchmark: Nifty 50 and Customized UL Growth Plus Composite Bond Index

   • Launch Date: September 31, 2010

   • Fund Manager: Vijay Sarda and Chirag Hirkane

   • Tax Benefits: Tax advantages available under Section 80C and Section 10(10D).

   • Life Cover: Provides life insurance coverage along with investment opportunities.

2. Canara HSBC Equity II Fund 

   The Canara HSBC Equity II Fund focuses on equity investments, mainly in large and mid-cap stocks. This fund is designed to deliver high growth and is ideal for those seeking long-term wealth creation through equity markets​.

   • Investment Objective: Focuses on generating capital appreciation by investing in a diversified portfolio of equity shares.

   • Benchmark: Nifty 50 Index

   • Launch Date: January 07, 2010

   • Fund Manager: Biswarup Mohapatra

   • Tax Benefits: Income deductions can be availed under Section 80C and Section 10(10D).

   • Life Cover: Combines the benefits of life insurance with the potential for significant market-linked returns.

   

3. Canara HSBC Balanced Plus Fund

   The Canara HSBC Balanced Plus Fund invests in both equity and debt instruments to provide moderate growth with reduced risk. It is a suitable option for investors looking for stability while still benefiting from equity market returns.

   • Investment Objective: Seeks to provide a balance between growth and income by investing in both equity and debt instruments.

   • Benchmark: Nifty 50 and Customized UL Balanced Plus Composite Bond Index

   • Launch Date: September 13, 2010

   • Fund Manager: Biswarup Mohapatra and Chirag Hirkane

   • Tax Benefits: You can avail of tax deductions under Section 80C and Section 10(10D).

   • Life Cover: Provides life cover while also allowing for wealth creation through market-linked investments.

4. Canara HSBC Debt Fund

   The Canara HSBC Debt Fund primarily invests in fixed-income securities like bonds, offering stable and predictable returns. It is an excellent choice for conservative investors who prioritize safety over high returns​.

   • Investment Objective: Focuses on generating regular income by investing primarily in fixed-income securities such as bonds and debentures.

   • Benchmark: Customized UL Debt Composite Bond Index

   • Launch Date: July 09, 2008

   • Fund Manager: Chirag Hirkane

   • Tax Benefits: You get tax advantages under Section 80C and Section 10(10D).?=

   • Life Cover: Ensures life insurance coverage while offering fixed-income investment opportunities.

5. Canara HSBC Liquid Fund

   The Canara HSBC Liquid Fund invests in short-term money market instruments to offer liquidity and consistent returns. This fund is ideal for those who need quick access to their investments with low risk​.

   • Investment Objective: Designed to provide liquidity and short-term capital appreciation by investing in short-term debt instruments and money market securities.

   • Benchmark:  Customized UL Liquid Index.

   • Launch Date: July 14, 2008.

   • Fund Manager: Chirag Hirkane

   • Tax Benefits: You are offered tax advantages under Section 80C and Section 10(10D).

   • Life Cover: Provides life insurance protection while allowing easy access to funds when needed.

Canara SIP Plans - Mutual Funds

Details of Canara SIP Plans in Mutual Funds

1. Canara Robeco Infrastructure Fund

   Canara Robeco Infrastructure Fund is a mutual fund focused on investing in the infrastructure sector. Following are the key details:

   Parameters	Details
   Fund Name	Canara Robeco Infrastructure Fund Regular-Growth
   NAV	₹ 162.81 (as on 18th October, 2025)
   AUM	₹917.06 Crs
   Expense Ratio	2.27%
   Return 3 Years	25.65%
   Return 5 Years	32.24%
   Return 10 Years	15.96%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
   Risk Level	Principal at very high risk
   Launch Date	2nd December, 2005
   Asset Allocation	Equity: 95.2%, Others: 4.8%
   Top Sectors	Consumer Discretionary Industrials Diversified Energy & Utilities Financial Materials Real Estate Technology
   Top Holdings	Larsen & Toubro Ltd Repo Reliance Industries Ltd State Bank of India NTPC Ltd Bharat Electronics Ltd Interglobe Aviation Ltd GE T&D India Ltd Dixon Technologies (India) Ltd Tata Power Company Ltd
   Fund Managers	Vishal Mishra Shridatta Bhandwaldar
   Fund Type	Open-ended

2. Canara Robeco Small Cap Fund 

   The Canara Robeco Small Cap Fund invests predominantly in a diversified portfolio of small-cap companies. This strategy focuses on companies with high growth potential, which may become larger firms in the future.

   Parameters	Details
   Fund Name	Canara Robeco Small Cap Fund Regular - Growth
   NAV	₹ 38.78 (as on 18th October, 2025)
   AUM	₹12,982.03 Crs
   Expense Ratio	1.67%
   Return 3 Years	16.19%
   Return 5 Years	27.47%
   Return 10 Years	N/A
   Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
   Risk Level	Principal at very high risk
   Launch Date	15th February, 2019
   Asset Allocation	Equity: 96.99%, Others: 3.01%
   Top Sectors	Consumer Discretionary Industrials Consumer Staples Diversified Energy & Utilities Financial Healthcare Materials Real Estate Technology
   Top Holdings	Repo Multi Commodity Exchange Of India Ltd Kei Industries Ltd GE T&D India Ltd Karur Vysya Bank Ltd City Union Bank Ltd Blue Star Ltd JB Chemicals & Pharmaceuticals Ltd EID-Parry (India) Ltd TBO Tek Ltd.
   Fund Managers	Pranav Gokhale Shridatta Bhandwaldar
   Fund Type	Open-ended

3. Canara Robeco Short Term Fund

   The Canara Robeco Short Duration Fund provides income and capital appreciation by investing primarily in short-term debt and money market instruments, making it suitable for investors seeking moderate returns with lower risk.

   Parameters	Details
   Fund Name	Canara Robeco Value Fund Regular - Growth
   NAV	₹ 18.38 (as on 18th October, 2025)
   AUM	₹1,307.76 Crs
   Expense Ratio	2.12%
   Return 3 Years	18.13%
   Return 5 Years	N/A
   Return 10 Years	N/A
   Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
   Risk Level	Principal at very high risk
   Launch Date	3rd September, 2021
   Asset Allocation	Equity: 96.28%, Others: 3.72%
   Top Sectors	Consumer Discretionary Industrials Consumer Staples Energy & Utilities Financial Healthcare Materials Real Estate Technology
   Top Holdings	HDFC Bank Ltd ICICI Bank Ltd Repo Reliance Industries Ltd Bharti Airtel Ltd Infosys Ltd NTPC Ltd State Bank of India Larsen & Toubro Ltd Varun Beverages Ltd
   Fund Managers	Vishal Mishra Silky Jain
   Fund Type	Open-ended

4. Canara Robeco Gilt Fund

   The Canara Robeco Gilt Fund is a debt mutual fund that invests primarily in government securities (G-Secs) and treasury bills, ensuring high safety and minimal credit risk. 

   Parameters	Details
   Fund Name	Canara Robeco Gilt Fund Regular - Growth
   NAV	₹ 75.87 (as on 18th October, 2025)
   AUM	₹156.51 Crs
   Expense Ratio	1.26%
   Return 3 Years	7.13%
   Return 5 Years	4.93%
   Return 10 Years	6.75%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
   Risk Level	Principal at moderate risk
   Launch Date	29th December, 1999
   Asset Allocation	Debt: 94.68%, Others: 5.32%
   Top Sectors	NA
   Top Holdings	GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100 GOVERNMENT OF INDIA 35943 GOI 05MY35 6.33 FV RS 100 GOVERNMENT OF INDIA 35152 GOI 18NV39 6.92 FV RS 100 GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 Repo GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100 GOI Sec 7.23 15/04/2039 GOVERNMENT OF INDIA 33071 GOI 19JU53 7.3 FV RS 100 Net Receivables GOVERNMENT OF INDIA 31719 GOI 20JU27 7.38 FV RS 100
   Fund Managers	Avnish Jain Kunal Jain
   Fund Type	Open-ended

5. Canara Robeco Equity Hybrid Fund

   The Canara Robeco Equity Hybrid Fund is a popular mutual fund that provides capital appreciation and stable returns over the long term by allocating a significant portion of its portfolio to equities while maintaining a debt component for risk management.

   Parameters	Details
   Fund Name	Canara Robeco Equity Hybrid Fund Regular-Growth
   NAV	₹ 367.55 (as on 18th October, 2025)
   AUM	₹11,059.16 Crs
   Expense Ratio	1.71%
   Return 3 Years	14.24%
   Return 5 Years	15.25%
   Return 10 Years	12.29%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
   Risk Level	Principal at very high risk
   Launch Date	NA
   Asset Allocation	Equity: 71%, Debt: 25.55%, Others: 3.45%
   Top Sectors	Consumer Discretionary Industrials Consumer Staples Diversified Energy & Utilities Financial Healthcare Materials Real Estate Technology
   Top Holdings	HDFC Bank Ltd ICICI Bank Ltd Repo Reliance Industries Ltd Bharti Airtel Ltd Infosys Ltd Power Finance Corporation Ltd State Bank of India Axis Bank Ltd Zomato Ltd
   Fund Managers	Avnish Jain Shridatta Bhandwaldar Ennette Fernandes
   Fund Type	Open-ended

What are the Benefits of Canara Bank SIP Investment?

Following are the key benefits of investing in Canara SIP investment plans: 

• Disciplined Savings: Encourages regular investing through small, fixed amounts.

• Convenience: Easy to start and manage SIPs with online and branch facilities.

• Affordable: Begin investing with minimal amounts, making it budget-friendly.

• Wealth Creation: Ideal for long-term financial growth through compounding.

• Risk Mitigation: Reduces market risks by spreading investments over time.

• Flexible: Offers freedom to pause, increase, or stop investments anytime.

• Diverse Options: Access to various mutual funds suiting different goals.

• Tax Benefits: SIP in ULIP funds provide tax-saving opportunities under Section 80C and Section 10(10D).

How to Start a Canara Bank SIP through Policybazaar?

To start a Canara Bank SIP through Policybazaar, follow these short and simple steps:

Step 1: Go to the Policybazaar website or mobile app.

Step 2: Navigate to the SIP Plans section.

Step 3: Provide your personal and financial details as required.

Step 4: Look for Canara Bank Market Linked Plans and click on them.

Step 5: Choose the best investment plan that matches your investment goals.

Step 6: Specify the SIP investment amount you want to invest.

Step 7: Select the duration for your SIP investment.

Step 8: Fulfill the KYC requirements by uploading the necessary documents.

Step 9: Pay the SIP amount through a secure online payment method.

Step 10: After successful payment, you will receive a confirmation of your Canara Bank SIP investment through Policybazaar.

**You can also check returns on your investment by using the SIP calculator, it is a financial tool that provides insights into the potential returns and growth of your investments over time.

Wrapping it up!

Canara Bank SIP Investment offers a convenient way to grow wealth through disciplined, regular investments. With flexible investment options, it allows investors to choose the amount and frequency of contributions based on their financial goals. It’s a simple, risk-managed way to invest, making it ideal for both beginners and experienced investors looking for steady returns.