Canara Robeco Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹10.45+0.87%1 day
- Return since launch
- 2.0%
- 52-week range
- ₹9.42 — ₹10.57
- AUM
- ₹1,007 Cr
Canara Robeco Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from Canara Robeco Mutual Fund with ₹1,007 Cr under management, launched in 2024. The expense ratio is 2.39% and the SEBI riskometer reading is Very High.
Performance
Canara Robeco Balanced Advantage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +0.1% against +2.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.3% | +3.5 pts | 1.9% | 5.8% |
| 2Y | 3.6% | −1.0 pts | 4.6% | 4.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 5.0% | +1.0 pts | 4.0% | 4.8% |
| 3M | 0.4% | +0.3 pts | 0.1% | 0.1% |
| 6M | 2.5% | 0.0 pts | 2.5% | 4.0% |
| 1Y | 0.1% | −1.8 pts | 1.9% | 2.0% |
| 2Y | 1.5% | −1.6 pts | 3.1% | 3.6% |
Since launch (12 Jul 2024): 2.0%
Calendar-year returns
Category average4.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 4.7% | −2.0 pts | 6.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.37%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.91%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.42%
- Exit load
- Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Hybrid 50+50 Moderate Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Canara Robeco Balanced Advantage Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity70.8%
- Debt19.5%
- Other9.6%
Market cap split
- Large74.9%
- Mid8.5%
- Small16.7%
- P/E
- 19.29
- P/B
- 2.82
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 9.63% | ₹96.99 Cr | +21.26% | +21.65% | +19.41% |
| ICICI Bank Ltd. | Financial | 5.12% | ₹51.55 Cr | +4.77% | +4.25% | +3.77% |
| HDFC Bank Ltd. | Financial | 4.19% | ₹42.17 Cr | -3.47% | -3.31% | -3.41% |
| Bharti Airtel Ltd. | Communication | 3.42% | ₹34.47 Cr | -1.19% | -1.17% | -0.98% |
| Larsen & Toubro Ltd. | Construction | 3.12% | ₹31.40 Cr | -0.86% | -0.73% | -0.61% |
| Reliance Industries Ltd. | Energy | 3.08% | ₹31.04 Cr | -2.91% | -3.07% | -2.48% |
| Axis Bank Ltd. | Financial | 2.82% | ₹28.44 Cr | +2.77% | +2.44% | +1.88% |
| LIC Housing Finance Ltd. | Financial | 2.48% | ₹24.97 Cr | +2.23% | +2.26% | +1.82% |
| Kotak Mahindra Prime Ltd. | Financial | 2.47% | ₹24.90 Cr | +2.22% | +2.26% | — |
| National Bank For Agriculture & Rural Development | Financial | 2.46% | ₹24.75 Cr | — | — | +1.82% |
| Bajaj Housing Finance Ltd. | Financial | 2.43% | ₹24.52 Cr | +2.20% | +2.23% | +1.79% |
| State Bank of India | Financial | 2.33% | ₹23.51 Cr | +2.24% | +3.14% | +2.45% |
| Infosys Ltd. | Technology | 2.20% | ₹22.17 Cr | +1.98% | +2.52% | +2.18% |
| Samvardhana Motherson International Ltd. | Automobile | 2.14% | ₹21.55 Cr | +1.95% | +1.10% | +0.85% |
| Mahindra & Mahindra Ltd. | Automobile | 2.01% | ₹20.22 Cr | -0.69% | -0.68% | -0.62% |
| Reserve Bank of India | Financial | 1.98% | ₹19.92 Cr | +1.75% | +1.75% | +0.35% |
| Divi's Laboratories Ltd. | Healthcare | 1.91% | ₹19.19 Cr | +1.21% | +1.11% | +0.84% |
| Power Finance Corporation Ltd. | Financial | 1.87% | ₹18.88 Cr | +2.19% | +2.39% | +2.05% |
| Coal India Ltd. | Materials | 1.76% | ₹17.73 Cr | +1.63% | +1.70% | +1.17% |
| Eternal Ltd. | Services | 1.75% | ₹17.60 Cr | +2.35% | +1.49% | +1.68% |
| Bajaj Finance Ltd. | Financial | 1.62% | ₹16.31 Cr | +1.52% | +1.23% | +1.58% |
| Shriram Finance Ltd | Financial | 1.54% | ₹15.48 Cr | +1.46% | +1.08% | +0.61% |
| The Indian Hotels Company Ltd. | Services | 1.52% | ₹15.30 Cr | +1.33% | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.51% | ₹15.22 Cr | +1.27% | — | — |
| Varun Beverages Ltd. | Consumer Staples | 1.22% | ₹12.31 Cr | +1.29% | +0.99% | +0.91% |
| Interglobe Aviation Ltd. | Services | 1.04% | ₹10.47 Cr | -0.06% | -0.04% | -0.05% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 0.99% | ₹9.93 Cr | +0.87% | — | — |
| GOI | Sovereign | 0.98% | ₹9.84 Cr | +0.90% | +3.63% | +1.09% |
| Bharat Petroleum Corporation Ltd. | Energy | 0.96% | ₹9.72 Cr | +0.86% | +0.43% | +0.66% |
| PNB Housing Finance Ltd. | Financial | 0.96% | ₹9.63 Cr | +0.79% | +0.59% | +0.53% |
| United Spirits Ltd. | Consumer Staples | 0.95% | ₹9.61 Cr | +0.85% | +0.78% | +0.67% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.95% | ₹9.61 Cr | +0.95% | +0.67% | +0.60% |
| Angel One Ltd. | Financial | 0.95% | ₹9.59 Cr | +1.03% | +0.93% | +0.69% |
| Maruti Suzuki India Ltd. | Automobile | 0.95% | ₹9.57 Cr | +1.00% | +0.89% | +1.03% |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.93% | ₹9.34 Cr | +0.78% | +0.63% | — |
| Cholamandalam Financial Holdings Ltd. | Financial | 0.89% | ₹9.01 Cr | +0.96% | +0.56% | +0.61% |
| Bharat Electronics Ltd. | Capital Goods | 0.81% | ₹8.15 Cr | +0.77% | +0.76% | +1.00% |
| Brigade Enterprises Ltd. | Construction | 0.80% | ₹8.05 Cr | +0.62% | +0.62% | +0.67% |
| Info Edge (India) Ltd. | Services | 0.80% | ₹8.05 Cr | +0.57% | +0.48% | +0.52% |
| PVR Inox Ltd. | Services | 0.79% | ₹7.98 Cr | +0.56% | +0.54% | +0.50% |
| Gland Pharma Ltd. | Healthcare | 0.78% | ₹7.83 Cr | +0.60% | — | — |
| Ultratech Cement Ltd. | Materials | 0.76% | ₹7.67 Cr | +0.70% | +0.68% | +0.61% |
| Cummins India Ltd. | Capital Goods | 0.76% | ₹7.62 Cr | +0.80% | +0.71% | +0.77% |
| Britannia Industries Ltd. | Consumer Staples | 0.72% | ₹7.25 Cr | +0.69% | +0.74% | +0.64% |
| Tata Consultancy Services Ltd. | Technology | 0.71% | ₹7.18 Cr | +0.63% | +0.75% | — |
| JK Cement Ltd. | Materials | 0.70% | ₹7.05 Cr | +0.67% | +0.64% | +0.63% |
| Global Health Ltd. | Healthcare | 0.68% | ₹6.83 Cr | +0.58% | — | — |
| Abbott India Ltd. | Healthcare | 0.67% | ₹6.78 Cr | +0.57% | — | — |
| Motherson Sumi Wiring India Ltd. | Automobile | 0.64% | ₹6.44 Cr | +0.67% | +0.63% | +0.62% |
| Vinati Organics Ltd. | Chemicals | 0.61% | ₹6.13 Cr | +0.62% | +0.63% | +0.65% |
| Jubilant FoodWorks Ltd. | Services | 0.60% | ₹6.03 Cr | +0.49% | +0.52% | — |
| Asian Paints Ltd. | Materials | 0.60% | ₹6.01 Cr | +0.59% | — | — |
| Greenply Industries Ltd. | Materials | 0.60% | ₹6.00 Cr | +0.53% | +0.33% | +0.43% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.59% | ₹5.98 Cr | +0.58% | — | — |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.59% | ₹5.97 Cr | -0.38% | -0.48% | -0.50% |
| Gujarat Fluorochemicals Ltd. | Chemicals | 0.59% | ₹5.95 Cr | — | — | — |
| Arvind Fashions Ltd. | Textiles | 0.58% | ₹5.87 Cr | +0.63% | +0.55% | +0.57% |
| Safari Industries (India) Ltd. | Consumer Discretionary | 0.57% | ₹5.72 Cr | +0.57% | +0.52% | +0.63% |
| Awfis Space Solutions Ltd. | Services | 0.51% | ₹5.13 Cr | +0.56% | +0.44% | +0.86% |
| Mrs. Bectors Food Specialities Ltd. | Consumer Staples | 0.48% | ₹4.79 Cr | +0.37% | +0.37% | +0.42% |
| Sumitomo Chemical India Ltd. | Chemicals | 0.47% | ₹4.77 Cr | — | — | — |
| Indian Bank | Financial | 0.43% | ₹4.35 Cr | +0.68% | +1.10% | +0.97% |
| Tech Mahindra Ltd. | Technology | 0.41% | ₹4.11 Cr | +0.96% | +0.96% | +0.77% |
| Sonata Software Ltd. | Technology | 0.39% | ₹3.98 Cr | +0.37% | +0.29% | +0.38% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.39% | ₹3.98 Cr | — | — | -0.18% |
| Jyothy Labs Ltd. | Consumer Staples | 0.37% | ₹3.76 Cr | +0.34% | +0.36% | +0.46% |
| Shoppers Stop Ltd. | Services | 0.32% | ₹3.20 Cr | +0.24% | +0.20% | +0.29% |
| Vedant Fashions Ltd. | Services | 0.27% | ₹2.76 Cr | +0.19% | +0.16% | +0.25% |
| NTPC Ltd. | Energy | 0.00% | ₹0.02 Cr | -0.87% | -0.91% | -0.67% |
| Hindalco Industries Ltd. | Metals & Mining | -0.00% | ₹-0.05 Cr | -1.03% | -0.97% | -0.66% |
| Mahindra & Mahindra Ltd Warrant | Automobile | -0.74% | ₹-7.44 Cr | — | — | — |
| Larsen & Toubro Ltd. Pref. Shares | Construction | -0.86% | ₹-8.69 Cr | — | — | — |
| Bharti Airtel Ltd. Rights | Communication | -1.27% | ₹-12.75 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Bharti Airtel Ltd. | -1.25% | 3.42% | +4.68% |
| Larsen & Toubro Ltd. | -0.87% | 3.12% | +3.98% |
| Mahindra & Mahindra Ltd. | -0.79% | 2.01% | +2.80% |
| Bharti Airtel Ltd. Rights | 0.00% | -1.27% | -1.27% |
| Larsen & Toubro Ltd. Pref. Shares | 0.00% | -0.86% | -0.86% |
| Mahindra & Mahindra Ltd Warrant | 0.00% | -0.74% | -0.74% |
| Tech Mahindra Ltd. | 1.01% | 0.41% | -0.60% |
| Eternal Ltd. | 2.28% | 1.75% | -0.53% |
| Sumitomo Chemical India Ltd. | 0.00% | 0.47% | +0.47% |
| ICICI Lombard General Insurance Company Ltd. | 0.00% | 0.39% | +0.39% |
| Coal India Ltd. | 1.55% | 1.76% | +0.21% |
| Lenskart Solutions Ltd. | 1.17% | 0.99% | -0.18% |
| Varun Beverages Ltd. | 1.06% | 1.22% | +0.17% |
| LIC Housing Finance Ltd. | 2.32% | 2.48% | +0.16% |
| Kotak Mahindra Prime Ltd. | 2.31% | 2.47% | +0.16% |
| National Bank For Agriculture & Rural Development | 2.30% | 2.46% | +0.16% |
| Bajaj Housing Finance Ltd. | 2.28% | 2.43% | +0.15% |
| Infosys Ltd. | 2.34% | 2.20% | -0.14% |
| Reserve Bank of India | 1.84% | 1.98% | +0.14% |
| ICICI Bank Ltd. | 5.25% | 5.12% | -0.14% |
| HDFC Bank Ltd. | -1.61% | -1.73% | -0.12% |
| Divi's Laboratories Ltd. | 1.81% | 1.91% | +0.09% |
| Kotak Mahindra Bank Ltd. | 1.42% | 1.51% | +0.09% |
| The Indian Hotels Company Ltd. | 1.44% | 1.52% | +0.08% |
| Shriram Finance Ltd | 1.62% | 1.54% | -0.08% |
| Abbott India Ltd. | 0.60% | 0.67% | +0.07% |
| State Bank of India | 2.41% | 2.33% | -0.07% |
| Power Finance Corporation Ltd. | 1.81% | 1.87% | +0.07% |
| Tata Consultancy Services Ltd. | 0.78% | 0.71% | -0.07% |
| Others | 7.22% | 7.28% | +0.06% |
| PVR Inox Ltd. | 0.73% | 0.79% | +0.06% |
| Greenply Industries Ltd. | 0.54% | 0.60% | +0.06% |
| Gland Pharma Ltd. | 0.72% | 0.78% | +0.06% |
| Maruti Suzuki India Ltd. | 1.00% | 0.95% | -0.05% |
| Arvind Fashions Ltd. | 0.64% | 0.58% | -0.05% |
| Samvardhana Motherson International Ltd. | 2.09% | 2.14% | +0.05% |
| Brigade Enterprises Ltd. | 0.85% | 0.80% | -0.05% |
| GOI | 0.93% | 0.98% | +0.05% |
| Bajaj Finance Ltd. | 1.66% | 1.62% | -0.05% |
| Shoppers Stop Ltd. | 0.27% | 0.32% | +0.04% |
| PNB Housing Finance Ltd. | 0.92% | 0.96% | +0.04% |
| JK Cement Ltd. | 0.66% | 0.70% | +0.04% |
| Vinati Organics Ltd. | 0.65% | 0.61% | -0.04% |
| Hindustan Aeronautics Ltd. | 0.89% | 0.93% | +0.04% |
| Axis Bank Ltd. | 2.79% | 2.82% | +0.03% |
| Reliance Industries Ltd. | -1.52% | -1.49% | +0.03% |
| United Spirits Ltd. | 0.98% | 0.95% | -0.03% |
| NTPC Ltd. | -0.41% | -0.44% | -0.02% |
| Sonata Software Ltd. | 0.42% | 0.39% | -0.02% |
| Angel One Ltd. | 0.93% | 0.95% | +0.02% |
| company:20133 | 0.02% | 0.00% | -0.02% |
| Ultratech Cement Ltd. | 0.74% | 0.76% | +0.02% |
| Asian Paints Ltd. | 0.61% | 0.60% | -0.02% |
| Indian Bank | 0.45% | 0.43% | -0.02% |
| Billionbrains Garage Ventures Ltd. | 0.58% | 0.59% | +0.02% |
| Vedant Fashions Ltd. | 0.26% | 0.27% | +0.01% |
| Mrs. Bectors Food Specialities Ltd. | 0.49% | 0.48% | -0.01% |
| Britannia Industries Ltd. | 0.73% | 0.72% | -0.01% |
| Jubilant FoodWorks Ltd. | 0.61% | 0.60% | -0.01% |
| Global Health Ltd. | 0.69% | 0.68% | -0.01% |
| Safari Industries (India) Ltd. | 0.56% | 0.57% | +0.01% |
| Crompton Greaves Consumer Electricals Ltd. | -0.17% | -0.16% | +0.01% |
| Jyothy Labs Ltd. | 0.38% | 0.37% | -0.01% |
| Awfis Space Solutions Ltd. | 0.50% | 0.51% | +0.01% |
| Motherson Sumi Wiring India Ltd. | 0.64% | 0.64% | 0.00% |
| Hindalco Industries Ltd. | -0.57% | -0.57% | 0.00% |
| Info Edge (India) Ltd. | 0.80% | 0.80% | 0.00% |
| Gujarat Fluorochemicals Ltd. | 0.59% | 0.59% | 0.00% |
| Bharat Electronics Ltd. | 0.81% | 0.81% | 0.00% |
| Bharat Petroleum Corporation Ltd. | 0.96% | 0.96% | 0.00% |
| Interglobe Aviation Ltd. | -0.03% | -0.03% | 0.00% |
| CG Power and Industrial Solutions Ltd. | 0.95% | 0.95% | 0.00% |
| Cummins India Ltd. | 0.76% | 0.76% | 0.00% |
| Cholamandalam Financial Holdings Ltd. | 0.89% | 0.89% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹18,275 Cr | 2.11% | 7.0% | 6.8% | 10.2% |
 ICICI Prudential Balanced Advantage Fund | ₹71,913 Cr | 1.52% | 8.7% | 8.5% | 10.4% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹9,836 Cr | 1.96% | 10.4% | 8.9% | 10.4% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,162 Cr | 2.04% | 7.3% | 7.5% | 10.3% |
 Axis Balanced Advantage Fund | ₹3,651 Cr | 2.18% | 7.2% | 6.7% | 9.6% |
 Quant Dynamic Asset Allocation Fund | ₹810 Cr | 2.84% | 1.2% | 2.2% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Avnish JainMr. Jain is a B.Tech from IIT Kharagpur and Post Graduate from IIM Kolkata.Prior to joining Canara Robeco AMC he has worked with ICICI Prudential AMC, PGIM India Mutual Fund, Deutsche Asset Management, Misys Software Solutions, Yes Bank and ICICI Bank.
- Ennette FernandesMs. Fernandes is B.com & PGDBMPrior to joining Canara Robeco Mutual Fund she has worked with Tata Asset Management Limited and Philip Capital (India) Pvt. Ltd.
- Pranav GokhaleMr. Gokhale is a Chartered Accountant & holds M.Com degree.Prior to joining Canara Robeco Mutual Fund, he has worked with Invesco Mutual Fund, IL&FS, ICICI Direct, Rosy Blue Securities Pvt. Ltd., and International Ship Repair LLC Fujairiah.
- Suman PrasadMs. Prasad is B.Sc and PGDMS.She has been associated with Canara Robeco since 1996.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.55% absolute | ₹60,000 | ₹61,530 | 2.55% | |
| 1 year0.10% annualised | ₹1,20,000 | ₹1,20,065 | 0.05% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Canara Robeco Balanced Advantage Fund?
The NAV of Canara Robeco Balanced Advantage Fund is ₹10.45 as on 6 Nov 2026.
What is the expense ratio of Canara Robeco Balanced Advantage Fund?
The expense ratio of Canara Robeco Balanced Advantage Fund is 2.39% per year.
What is the minimum SIP amount for Canara Robeco Balanced Advantage Fund?
You can start a SIP in Canara Robeco Balanced Advantage Fund with ₹3,000 a month.
Is there a lock-in or exit load on Canara Robeco Balanced Advantage Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days..
How risky is Canara Robeco Balanced Advantage Fund?
Canara Robeco Balanced Advantage Fund is rated Very High on the SEBI riskometer and belongs to the Dynamic Asset Allocation category.
Which fund house manages Canara Robeco Balanced Advantage Fund?
Canara Robeco Balanced Advantage Fund is managed by Canara Robeco Mutual Fund, which runs 27 schemes with ₹1,24,404 Cr under management.