Canara Robeco Banking and Financial Services Fund
Canara Robeco Mutual Fund · Sectoral/Thematic · Regular plan, growth option
NAV (₹), 1 Oct 2026
10.3000
1-day change
-0.68%
1Y return
n/a
3Y CAGR
n/a
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 23 Mar 2026 to 1 Oct 2026
Returns vs Sectoral/Thematic median (259 schemes) and “Banking & financial services” median (28)
| Period | Scheme | Category median | Banking & financial services median |
|---|---|---|---|
| 1 month | -6.4% | -5.4% | -6.2% |
| 3 months | -6.2% | -3.1% | -6.7% |
| 6 months | 4.3% | 8.5% | 5.9% |
| Year to date | n/a | -2.6% | -6.9% |
| 1 year | n/a | 0.0% | -1.0% |
| 3 years (CAGR) | n/a | 11.7% | 9.5% |
| 5 years (CAGR) | n/a | 10.6% | 9.6% |
| 7 years (CAGR) | n/a | 15.7% | 11.2% |
| 10 years (CAGR) | n/a | 13.3% | 11.0% |
| Since first NAV (CAGR) | 4.1% | – | – |
“Banking & financial services” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | n/a | 9.8% |
| 3Y rolling median | n/a | 15.6% |
| 3Y rolling worst | n/a | 0.6% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | 71% |
| 5Y rolling median | n/a | 14.2% |
| 5Y rolling worst | n/a | 0.3% |
| 5Y periods ahead of benchmark | n/a | 70% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 16.7% |
| Sharpe ratio | n/a | 0.34 |
| Sortino ratio | n/a | 0.51 |
| Beta | n/a | 0.96 |
| Alpha (ann.) | n/a | 2.3% |
| Upside capture | n/a | 103.56 |
| Downside capture | n/a | 96.87 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −7.9% | −23.7% |
| Maximum drawdown, last 10Y | n/a | −39.3% |
| Maximum drawdown, last 5Y | n/a | −22.8% |
| Current drawdown | −7.9% | −8.8% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.65% a year and the Direct plan's 1.05%, a gap of 1.60%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹35,06,777.
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.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 2.67% to 2.65% (AMFI TER disclosure)
- 30 Sep 2026: TER reduced from 2.68% to 2.67% (AMFI TER disclosure)
- 29 Sep 2026: TER increased from 2.67% to 2.68% (AMFI TER disclosure)
- 24 Sep 2026: TER increased from 2.66% to 2.67% (AMFI TER disclosure)
- 23 Sep 2026: TER reduced from 2.67% to 2.66% (AMFI TER disclosure)
- 21 Sep 2026: TER increased from 2.66% to 2.67% (AMFI TER disclosure)
- 18 Sep 2026: TER reduced from 2.67% to 2.66% (AMFI TER disclosure)
- 15 Sep 2026: TER increased from 2.66% to 2.67% (AMFI TER disclosure)
- 11 Sep 2026: TER reduced from 2.67% to 2.66% (AMFI TER disclosure)
- 9 Sep 2026: TER increased from 2.66% to 2.67% (AMFI TER disclosure)
- 2 Sep 2026: TER increased from 2.65% to 2.66% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Amit Kadam | 20 Mar 2026 | |
| Shridatta Bhandwaldar | 20 Mar 2026 |
Objective: The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in the banking and financial services sector. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Equity and Equity-related Instruments of entities engaged in banking and financial services sector 80% to 100% Equity and Equity-related Instruments of entities other than above 0% to 20% Money Market Instruments, other liquid instruments, Gold ETFs, Silver ETFs and other permissible securities/instruments as may be approved by SEBI from time to time 0% to 20% Units issued by InvITs 0% to 10%
Benchmark (tier 1): Nifty Financial Services Index TRI
Exit load: 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
Minimum application: Rs. 5000
Allotment date: 20 Mar 2026
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.65% | 2.38% |
| AUM, whole scheme (₹ crore) | 624 | 1,245 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|
Official benchmark: Nifty Financial Services TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Sectoral/Thematic Regular plans; how it is calculated.
Scheme facts
Category: Sectoral/Thematic
Plan / option: Regular · Growth
AMFI scheme code: 154248
ISIN: INF760K01LM1
First NAV in MFIC data: 23 Mar 2026
History: 0.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Questions about Canara Robeco Banking and Financial Services Fund
- What is the latest NAV of Canara Robeco Banking and Financial Services Fund?
- The NAV of the Regular plan (growth option) was ₹10.3000 on 1 Oct 2026, as published by AMFI.
- Which category is Canara Robeco Banking and Financial Services Fund in?
- It is classified as Sectoral/Thematic in AMFI's daily NAV file; a Sectoral/Thematic scheme invests at least 80% in one sector or theme. MFIC compares it with 259 Sectoral/Thematic schemes (Regular plans).
- What was the largest fall in Canara Robeco Banking and Financial Services Fund's NAV?
- The largest peak-to-trough fall in its available history was 7.9%.
- What is the expense ratio (TER) of Canara Robeco Banking and Financial Services Fund?
- The total expense ratio of the Regular plan is 2.65% a year, as disclosed to AMFI (median of Sectoral/Thematic Regular plans: 2.38%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Canara Robeco Banking and Financial Services Fund?
- Assets under management of the whole scheme were ₹624 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Canara Robeco Banking and Financial Services Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages Canara Robeco Banking and Financial Services Fund?
- According to its Scheme Summary Document, Canara Robeco Banking and Financial Services Fund is managed by Amit Kadam (since 20 Mar 2026), Shridatta Bhandwaldar (since 20 Mar 2026).
- What is the exit load of Canara Robeco Banking and Financial Services 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 Banking and Financial Services Fund?
- The minimum application amount is Rs. 5000. SIP details: Rs. 1000 (for Monthly, Daily, Weekly), Rs. 2000 (for Quarterly/Annual).
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.