Canara Robeco Banking and Financial Services Fund
Canara Robeco Mutual Fund · Sectoral/Thematic · Direct plan, growth option
| Period | Scheme | Category median | Banking & financial services median |
|---|---|---|---|
| 1 month | -6.3% | -5.4% | -6.1% |
| 3 months | -5.8% | -2.8% | -6.4% |
| 6 months | 5.1% | 8.9% | 6.7% |
| Year to date | n/a | -2.0% | -5.9% |
| 1 year | n/a | 1.4% | 0.2% |
| 3 years (CAGR) | n/a | 13.0% | 11.0% |
| 5 years (CAGR) | n/a | 12.0% | 11.3% |
| 7 years (CAGR) | n/a | 17.0% | 12.3% |
| 10 years (CAGR) | n/a | 14.6% | 11.9% |
| Since first NAV (CAGR) | 5.1% | – | – |
“Banking & financial services” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | n/a | 11.8% |
| 3Y rolling median | n/a | 17.5% |
| 3Y rolling worst | n/a | 3.0% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | 84% |
| 5Y rolling median | n/a | 15.6% |
| 5Y rolling worst | n/a | 1.8% |
| 5Y periods ahead of benchmark | n/a | 91% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 16.7% |
| Sharpe ratio | n/a | 0.42 |
| Sortino ratio | n/a | 0.63 |
| Beta | n/a | 0.96 |
| Alpha (ann.) | n/a | 3.7% |
| Upside capture | n/a | 106.94 |
| Downside capture | n/a | 95.17 |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −7.8% | −23.1% |
| Maximum drawdown, last 10Y | n/a | −38.3% |
| Maximum drawdown, last 5Y | n/a | −22.3% |
| Current drawdown | −7.8% | −8.3% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the markets below, which are also close to how many of them are benchmarked. Where those markets stand today:
- P/E 12.9: higher than 2% of days since 2022 (median 15.2)
- 1Y −1.2% · 3Y +7.5% p.a. · 5Y +8.5% p.a. (index fund NAV, after costs)
- −11.5% from its 52-week high
- P/E 15.1: higher than 0% of days since 2022 (median 17.4)
- 1Y −6.9% · 3Y +7.4% p.a. · 5Y n/a p.a. (index fund NAV, after costs)
- −13.7% from its 52-week high (proxy NAV)
- P/E 16.5: higher than 35% of days since 2022 (median 17.3)
- 1Y −1.1% · 3Y +4.9% p.a. · 5Y n/a p.a. (index fund NAV, after costs)
- −8.5% from its 52-week high (proxy NAV)
- P/E 7.2: higher than 15% of days since 2022 (median 8.1)
- 1Y +6.1% · 3Y +14.9% p.a. · 5Y +26.6% p.a. (index fund NAV, after costs)
- −19.7% 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 2.65% 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.
- 1 Oct 2026: TER reduced from 1.08% to 1.05% (AMFI TER disclosure)
- 24 Sep 2026: TER increased from 1.07% to 1.08% (AMFI TER disclosure)
- 23 Sep 2026: TER reduced from 1.08% to 1.07% (AMFI TER disclosure)
- 21 Sep 2026: TER increased from 1.07% to 1.08% (AMFI TER disclosure)
- 18 Sep 2026: TER reduced from 1.08% to 1.07% (AMFI TER disclosure)
- 15 Sep 2026: TER increased from 1.07% to 1.08% (AMFI TER disclosure)
- 11 Sep 2026: TER reduced from 1.08% to 1.07% (AMFI TER disclosure)
- 9 Sep 2026: TER increased from 1.07% to 1.08% (AMFI TER disclosure)
| Fund manager | Role | Managing since |
|---|---|---|
| Amit Kadam | 20 Mar 2026 | |
| Shridatta Bhandwaldar | 20 Mar 2026 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.05% | 1.15% |
| AUM, whole scheme (₹ crore) | 624 | 1,272 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| 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 Direct plans; how it is calculated.
- What is the latest NAV of Canara Robeco Banking and Financial Services Fund?
- The NAV of the Direct plan (growth option) was ₹10.3900 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 253 Sectoral/Thematic schemes (Direct 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 7.8%.
- What is the expense ratio (TER) of Canara Robeco Banking and Financial Services Fund?
- The total expense ratio of the Direct plan is 1.05% a year, as disclosed to AMFI (median of Sectoral/Thematic Direct plans: 1.15%). 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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