Canara Robeco Balanced Advantage Fund - Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Strong capital defense: downside capture of 64% limits losses during market corrections.
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +6.98% | +5.51% | +1.47% |
| 3 Months | +1.63% | +1.29% | +0.34% |
| 6 Months | +5.48% | +5.25% | +0.23% |
| 1 Year | +0.86% | +2.38% | -1.52% |
| Since Inception | +2.57% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +0.95% | +1.91% | -0.96% |
| 2025 | +4.70% | +5.68% | -0.98% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -6.95% | +1.20% | +0.89% | +10.26% | 58.2% | 52.4% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-27 | 2025-02-28 | -11.5% | 5 months | 8 months |
| 2025-11-26 | 2026-03-30 | -10.9% | 4 months | 7 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity Related Instruments- 65% to 100% Debt and Money Market Instruments - 0% to 35% | Per Scheme Mandate |
Investment Objective & Strategy
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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 1,057 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Balanced Advantage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Balanced Advantage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Helios Balanced Advantage Fund | 4.4 | - | 2.81% | 52.3% | Rs 281 cr | Compare → |
| Samco Dynamic Asset Allocation Fund | 2.5 | - | 3.44% | 23.5% | Rs 57.0 cr | Compare → |
| Bajaj Finserv Balanced Advantage Fund | 4.2 | - | 2.63% | 64.9% | Rs 1,296 cr | Compare → |
| Parag Parikh Dynamic Asset Allocation Fund | 6.9 | - | 0.75% | 8.0% | Rs 2,471 cr | Compare → |
| Unifi Dynamic Asset Allocation Fund | 9.8 | - | - | -15.6% | Rs 1,560 cr | Compare → |
Frequently Asked Questions about Canara Robeco Balanced Advantage Fund
What is the expense ratio of Canara Robeco Balanced Advantage Fund?
Canara Robeco Balanced Advantage Fund has a total expense ratio (TER) of 2.37% with a base expense ratio of 1.91%, compared to the Balanced Advantage category median of 2.40%.
Who manages Canara Robeco Balanced Advantage Fund?
Canara Robeco Balanced Advantage Fund is managed by Ennette Fernandes (tenure: 2.3 years since 2024-07-12).
What are the historical returns of Canara Robeco Balanced Advantage Fund?
Canara Robeco Balanced Advantage Fund has a 1-year return of +0.86%.
How large is Canara Robeco Balanced Advantage Fund?
Canara Robeco Balanced Advantage Fund manages assets of Rs 1,057 cr, placing it in the 'comfortable' size band relative to Balanced Advantage peers.
How is Canara Robeco Balanced Advantage Fund scored on MFIQ?
Canara Robeco Balanced Advantage Fund holds an MFIQ Score of 3.6/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Canara Robeco Balanced Advantage Fund?
Canara Robeco Balanced Advantage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 10.51% with a maximum historical drawdown of -11.52%.