Canara Robeco Balanced Advantage Fund
The scheme seeks to generate long-term capital appreciation with income generation by dynamically investing in equity and equity related instruments and debt and money market instruments.
Growthvine rating: 1/5 — ranked #33 of 37 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹9.77 (as of 2026-10-23) |
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| AUM | ₹1,007 Cr |
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| Expense ratio | 1.92% |
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| Riskometer | Very High |
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| Fund manager | Avnish Jain |
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| Exit load | For units in excess of 12% of the investment, 1% will be charged for redemption within 365 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −11.52% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 108.1% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 125.4% of its downside.
Market cap allocation
| Large cap | 74.9% |
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| Mid cap | 8.5% |
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| Small cap | 16.7% |
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Concentration
| Top 5 holdings | 22.1% |
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| Top 10 holdings | 33.6% |
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| Total holdings | 64 |
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Top holdings
- HDFC Bank Ltd. — 5.9%
- ICICI Bank Ltd. — 5.1%
- Reliance Industries Ltd — 4.6%
- Bharti Airtel Ltd. — 3.4%
- Larsen & Toubro Limited — 3.1%
- AXIS Bank Ltd. — 2.8%
- 7.74% LIC Housing Finance Ltd (22/10/2027) — 2.5%
- 7.745% KOTAK MAHINDRA PRIME LTD 19-NOV-27 — 2.5%
- 7.44% National Bank For Agriculture & Rural Development (17/07/2029) — 2.5%
- 6.97% Bajaj Housing Finance Ltd (17/07/2028) — 2.4%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −6.8% | Q3 | #27 of 35 |
| 2025 | 4.7% | Q3 | #23 of 34 |