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 #29 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹10.37 (as of 2026-08-21) |
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| AUM | ₹1,125 Cr |
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| Expense ratio | 1.89% |
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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 134.3% of its downside.
Market cap allocation
| Large cap | 76.5% |
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| Mid cap | 8.0% |
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| Small cap | 15.5% |
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Concentration
| Top 5 holdings | 21.7% |
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| Top 10 holdings | 33.8% |
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| Total holdings | 61 |
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Top holdings
- HDFC Bank Ltd. — 5.7%
- ICICI Bank Ltd. — 5.0%
- Reliance Industries Ltd — 4.6%
- TREPS — 3.5%
- Bharti Airtel Ltd. — 3.5%
- Larsen & Toubro Limited — 3.0%
- Eternal Limited — 2.7%
- AXIS Bank Ltd. — 2.6%
- Infosys Ltd — 2.3%
- State Bank Of India — 2.3%
Top sectors
- Banking & Financial — 18.7%
- Finance & Investments — 7.2%
- Retail — 6.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | -1.0% | Q3 | #26 of 35 |
| 2025 | 4.7% | Q3 | #23 of 34 |