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 #31 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹9.84 (as of 2026-10-01) |
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| AUM | ₹1,111 Cr |
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| Expense ratio | 1.90% |
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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 | 75.9% |
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| Mid cap | 8.0% |
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| Small cap | 16.1% |
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Concentration
| Top 5 holdings | 21.8% |
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| Top 10 holdings | 33.7% |
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| Total holdings | 62 |
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Top holdings
- HDFC Bank Ltd. — 5.5%
- ICICI Bank Ltd. — 5.3%
- Reliance Industries Ltd — 4.6%
- Bharti Airtel Ltd. — 3.3%
- Larsen & Toubro Limited — 3.1%
- AXIS Bank Ltd. — 2.8%
- TREPS — 2.8%
- State Bank Of India — 2.4%
- Infosys Ltd — 2.3%
- 7.74% LIC Housing Finance Ltd (22/10/2027) — 2.3%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −6.1% | Q4 (Bottom) | #29 of 35 |
| 2025 | 4.7% | Q3 | #23 of 34 |