
Canara Robeco Balanced Advantage Fund Direct Growth
Canara Robeco Balanced Advantage Fund Direct Growth
as on 03 Nov 2026
Canara Robeco Balanced Advantage Fund Direct Growth is a Hybrid mutual fund scheme launched on 02 Aug 2024. The current NAV stands at ₹10.4200 as of 03 Nov 2026. From the funds total AUM, its top holdings include HDFC Bank at 6.77%, Reliance Industries at 5.21%, ICICI Bank at 4.30%, GOI TBILL 364D-19/03/27 at 3.88%, Larsen & Toubro at 3.70%
Scheme Overview
- Inception Date : 02 Aug 2024
- AUM : ₹1,007.12 Cr
- 1Y Returns (CAGR) : -3.55%
- Expense Ratio : 1.05%
- Min. SIP : ₹1,000
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 5.89 L
-3.55%
Total Investment
₹ 6,00,000
Returns
₹ -11,413 (-3.55%)
Maturity Value
₹ 5,88,587
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 1,007.12 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹1,007.12 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 27.33% | ||
| Financial Services | 26.74% | ||
| Consumer Cyclical | 10.55% | ||
| Industrials | 9.27% | ||
| Energy | 7.33% | ||
| Technology | 4.33% | ||
| Communication Services | 4.18% | ||
| Consumer Defensive | 3.67% | ||
| Basic Materials | 3.55% | ||
| Utilities | 1.23% | ||
| Healthcare | 1.21% | ||
| Real Estate | 0.60% |
Stock Holdings
as of 31 May 2026
Fund Comparison
Fund Details
52W High NAV
₹ 10.7700
Min. SIP Amount
₹ 1,000.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 1,007.12
Expense Ratio
1.05%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 9.6500
Inception Date
02 Aug 2024
Fund Age
2 Yrs
Benchmark
CRISIL Hybrid 50+50 - Moderate Index
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Suman Prasad | PGDM (Finance) |
| Avnish Jain | PGDM-IIM,Kolkatta, B.Tech(Hons)-IIT Kharagpur. |
| Pranav Gokhale | M.com., CA. |
| Ennettee Fernandes | PGDBM (Finance) |
| Amit Kadam | BE (Electronics), MMS (Finance) |
Fund Objective
The fund aims to generate long-term capital appreciation with income generation by dynamically investing in equity and equity related instruments and debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Canara Robeco Mutual Fund
No. of Schemes
27
Total AUM
₹ 1,20,668.99 Cr
Contact Details
Construction House,4th Floor,5 Walchand Hirachand Marg,Ballard Estate, Mumbai 400 001
Contact Details
Construction House,4th Floor,5 Walchand Hirachand Marg,Ballard Estate, Mumbai 400 001
FAQs
When was Canara Robeco Balanced Advantage Fund launched?
What is the current NAV of Canara Robeco Balanced Advantage Fund?
What is the AUM of Canara Robeco Balanced Advantage Fund?
What is the rate of return of Canara Robeco Balanced Advantage Fund?
- In the past 1Y: -3.55%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Canara Robeco Balanced Advantage Fund?
What is exit load of Canara Robeco Balanced Advantage Fund?
What is the portfolio of Canara Robeco Balanced Advantage Fund?
- HDFC Bank: 6.77%
- Reliance Industries: 5.21%
- ICICI Bank: 4.30%
- Larsen & Toubro: 3.70%
- Bharti Airtel: 3.15%
Top 3 sectoral holdings include:
- Others: 27.33%
- Financial Services: 26.74%
- Consumer Cyclical: 10.55%
How risky is investing in Canara Robeco Balanced Advantage Fund?
Who is the fund manager Canara Robeco Balanced Advantage Fund?
What is the minimum investment required in Canara Robeco Balanced Advantage Fund?
How to invest in Canara Robeco Balanced Advantage Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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