Canara Robeco Balanced Advantage Fund
Canara Robeco Mutual Fund · Balanced Advantage · Direct plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.2% | -3.7% |
| 3 months | -2.8% | -2.4% |
| 6 months | 3.7% | 4.5% |
| Year to date | -5.1% | -2.4% |
| 1 year | -2.7% | 0.4% |
| 3 years (CAGR) | n/a | 8.8% |
| 5 years (CAGR) | n/a | 8.4% |
| 7 years (CAGR) | n/a | 10.7% |
| 10 years (CAGR) | n/a | 9.7% |
| Since first NAV (CAGR) | 0.7% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 2.7% | 9.0% |
| 3Y rolling median | n/a | 12.6% |
| 3Y rolling worst | n/a | 6.7% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 11.7% |
| 5Y rolling worst | n/a | 4.0% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 9.2% |
| Sharpe ratio | n/a | 0.35 |
| Sortino ratio | n/a | 0.50 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −11.0% | −15.3% |
| Maximum drawdown, last 10Y | n/a | −25.9% |
| Maximum drawdown, last 5Y | n/a | −9.9% |
| Current drawdown | −5.8% | −5.2% |
| Recovery time of worst fall | 201 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme hold only part of their money in each of these markets; the mix is set by the scheme and changes over time.
- P/E 19.2: higher than 0% of days since 2023 (median 22.1)
- 1Y −9.0% · 3Y +5.4% p.a. · 5Y +5.9% p.a. (index fund NAV, after costs)
- −14.8% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 2.38% a year and the Direct plan's 1.03%, a gap of 1.35%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹30,13,177.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
- 1 Oct 2026: TER reduced from 1.05% to 1.03% (AMFI TER disclosure)
- 26 Sep 2026: TER increased from 1.04% to 1.05% (AMFI TER disclosure)
- 25 Sep 2026: TER reduced from 1.05% to 1.04% (AMFI TER disclosure)
- 24 Sep 2026: TER increased from 1.04% to 1.05% (AMFI TER disclosure)
- 18 Sep 2026: TER increased from 1.01% to 1.04% (AMFI TER disclosure)
- 9 Sep 2026: TER increased from 1.00% to 1.01% (AMFI TER disclosure)
- 8 Sep 2026: TER increased from 0.99% to 1.00% (AMFI TER disclosure)
| Fund manager | Role | Managing since |
|---|---|---|
| Ennette Fernandes | 12 Jul 2024 | |
| Pranav Gokhale | 12 Jul 2024 | |
| Suman Prasad | 12 Jul 2024 | |
| Amit Kadam | 12 Jul 2024 | |
| Avnish Jain | 12 Jul 2024 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.03% | 1.04% |
| AUM, whole scheme (₹ crore) | 1,007 | 2,109 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -1.7% | 0.2% TRI |
Official benchmark: CRISIL Hybrid 50+50 - Moderate Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Balanced Advantage Direct plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -5.1% | n/a | – |
| 2025 | 6.1% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,16,635 | -5.2% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Canara Robeco Aggressive Hybrid Fund | Aggressive Hybrid | 0.99 | 9.8% |
| Nippon India Aggressive Hybrid Fund (Existing Number of Segregated Portfolios - 2) | Aggressive Hybrid | 0.99 | 9.4% |
| Aditya Birla Sun Life Aggressive Hybrid Fund | Aggressive Hybrid | 0.99 | 8.8% |
| HDFC Balanced Advantage Fund | Balanced Advantage | 0.99 | 10.0% |
| WhiteOak Capital Balanced Advantage Fund | Balanced Advantage | 0.99 | 11.0% |
| WhiteOak Capital Balanced Hybrid Fund | Balanced Hybrid | 0.99 | n/a |
- What is the latest NAV of Canara Robeco Balanced Advantage Fund?
- The NAV of the Direct plan (growth option) was ₹10.1500 on 1 Oct 2026, as published by AMFI.
- Which category is Canara Robeco Balanced Advantage Fund in?
- It is classified as Balanced Advantage in AMFI's daily NAV file; a Balanced Advantage scheme changes its equity and debt mix dynamically. MFIC compares it with 37 Balanced Advantage schemes (Direct plans).
- What was the largest fall in Canara Robeco Balanced Advantage Fund's NAV?
- The largest peak-to-trough fall in its available history was 11.0%.
- What is the expense ratio (TER) of Canara Robeco Balanced Advantage Fund?
- The total expense ratio of the Direct plan is 1.03% a year, as disclosed to AMFI (median of Balanced Advantage Direct plans: 1.04%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Canara Robeco Balanced Advantage Fund?
- Assets under management of the whole scheme were ₹1,007 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Canara Robeco Balanced Advantage Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages Canara Robeco Balanced Advantage Fund?
- According to its Scheme Summary Document, Canara Robeco Balanced Advantage Fund is managed by Ennette Fernandes (since 12 Jul 2024), Pranav Gokhale (since 12 Jul 2024), Suman Prasad (since 12 Jul 2024), Amit Kadam (since 12 Jul 2024), Avnish Jain (since 12 Jul 2024).
- What is the exit load of Canara Robeco Balanced Advantage Fund?
- As stated in its scheme documents: 1% - if redeemed/switched out above 12% of allotted units within 365 days from the date of allotment. Nil - if redeemed/switched out upto 12% of allotted units within 365 days from the date of allotment, Nil - if redeemed/switched out after 365 days from the date of allotment Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Canara Robeco Balanced Advantage Fund?
- The minimum application amount is Rs. 5000. SIP details: Rs. 1000 (for Monthly, Daily, Weekly), Rs. 2000 (for Quarterly/Annual).
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -2.7% and the Regular plan's by -4.0%. The Regular plan includes the services of a distributor.
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