Canara Robeco Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹10.03-1.28%1 day
- Return since launch
- 0.8%
- 52-week range
- ₹9.42 — ₹10.57
- AUM
- ₹1,079 Cr
Canara Robeco Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from Canara Robeco Mutual Fund with ₹1,079 Cr under management, launched in 2024. The expense ratio is 2.38% 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 -2.4% against +0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -3.7% | −4.2 pts | 0.6% | -0.5% |
| 2Y | -0.8% | −2.4 pts | 1.5% | 1.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.5% | −0.8 pts | -2.6% | -2.7% |
| 3M | -1.4% | −0.8 pts | -0.5% | -0.5% |
| 6M | 3.2% | −1.0 pts | 4.2% | 4.1% |
| 1Y | -2.4% | −3.0 pts | 0.6% | 0.7% |
| 2Y | -2.2% | −2.3 pts | 0.1% | 0.3% |
Since launch (12 Jul 2024): 0.8%
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
2.39%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.91%
- Brokerage
- 0.04%
- Transaction charges
- 0.01%
- Statutory levies
- 0.43%
- 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 31 Aug 2026
Asset allocation
- Equity70.5%
- Debt18.8%
- Other10.7%
Market cap split
- Large75.9%
- Mid8.0%
- Small16.1%
- P/E
- 20.72
- P/B
- 3.03
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 10.69% | ₹115 Cr | +22.29% | +21.53% | +19.79% |
| ICICI Bank Ltd. | Financial | 5.25% | ₹56.71 Cr | +4.32% | +4.32% | +3.86% |
| HDFC Bank Ltd. | Financial | 3.91% | ₹42.20 Cr | -3.25% | -3.57% | -3.38% |
| Reliance Industries Ltd. | Energy | 3.07% | ₹33.15 Cr | -2.95% | -2.84% | -2.44% |
| Axis Bank Ltd. | Financial | 2.79% | ₹30.16 Cr | +2.63% | +2.58% | +1.72% |
| State Bank of India | Financial | 2.41% | ₹25.97 Cr | +3.02% | +3.43% | +2.22% |
| Infosys Ltd. | Technology | 2.34% | ₹25.28 Cr | +2.28% | +2.20% | +2.20% |
| LIC Housing Finance Ltd. | Financial | 2.32% | ₹25.00 Cr | +2.19% | +2.03% | +1.80% |
| Kotak Mahindra Prime Ltd. | Financial | 2.31% | ₹24.95 Cr | +2.19% | +2.02% | — |
| company:6233 | Financial | 2.30% | ₹24.83 Cr | — | — | +1.80% |
| Bajaj Housing Finance Ltd. | Financial | 2.28% | ₹24.62 Cr | +2.16% | +2.00% | +1.77% |
| Eternal Ltd. | Services | 2.28% | ₹24.61 Cr | +1.84% | +1.42% | +1.60% |
| Larsen & Toubro Ltd. | Construction | 2.26% | ₹24.41 Cr | -1.67% | -1.59% | -1.18% |
| Samvardhana Motherson International Ltd. | Automobile | 2.09% | ₹22.53 Cr | +1.90% | +1.21% | +0.74% |
| Bharti Airtel Ltd. | Communication | 2.04% | ₹22.01 Cr | -2.35% | -2.19% | -1.94% |
| Reserve Bank of India | Financial | 1.84% | ₹19.84 Cr | +1.72% | +0.39% | +0.35% |
| Divi's Laboratories Ltd. | Healthcare | 1.81% | ₹19.55 Cr | +1.21% | +1.06% | +0.90% |
| Power Finance Corporation Ltd. | Financial | 1.81% | ₹19.51 Cr | +2.63% | +2.32% | +1.88% |
| Bajaj Finance Ltd. | Financial | 1.66% | ₹17.97 Cr | +1.36% | +1.36% | +1.49% |
| Shriram Finance Ltd | Financial | 1.62% | ₹17.48 Cr | +1.15% | +1.19% | +0.57% |
| Coal India Ltd. | Materials | 1.55% | ₹16.76 Cr | +1.68% | +1.44% | +1.11% |
| The Indian Hotels Company Ltd. | Services | 1.44% | ₹15.50 Cr | +0.46% | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.42% | ₹15.31 Cr | — | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.30% | ₹13.99 Cr | -1.37% | -1.38% | -1.15% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 1.17% | ₹12.59 Cr | — | — | — |
| Varun Beverages Ltd. | Consumer Staples | 1.06% | ₹11.41 Cr | +1.33% | +1.03% | +0.98% |
| Interglobe Aviation Ltd. | Services | 1.02% | ₹11.00 Cr | -0.05% | -0.05% | -0.59% |
| Tech Mahindra Ltd. | Technology | 1.01% | ₹10.91 Cr | +1.01% | +0.84% | +0.81% |
| Maruti Suzuki India Ltd. | Automobile | 1.00% | ₹10.84 Cr | +0.93% | +0.95% | +1.05% |
| United Spirits Ltd. | Consumer Staples | 0.98% | ₹10.58 Cr | +0.79% | +0.79% | +0.66% |
| Bharat Petroleum Corporation Ltd. | Energy | 0.96% | ₹10.39 Cr | +0.45% | +0.53% | +0.59% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.95% | ₹10.31 Cr | +0.91% | +0.66% | +0.55% |
| Angel One Ltd. | Financial | 0.93% | ₹10.04 Cr | +1.34% | +0.84% | +0.70% |
| GOI | Sovereign | 0.93% | ₹9.99 Cr | +0.89% | +3.30% | +1.06% |
| PNB Housing Finance Ltd. | Financial | 0.92% | ₹9.88 Cr | +0.78% | +0.57% | +0.46% |
| Cholamandalam Financial Holdings Ltd. | Financial | 0.89% | ₹9.66 Cr | +0.63% | +0.60% | +0.55% |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.89% | ₹9.60 Cr | +0.76% | +0.63% | — |
| Brigade Enterprises Ltd. | Construction | 0.85% | ₹9.18 Cr | +0.60% | +0.59% | +0.69% |
| Bharat Electronics Ltd. | Capital Goods | 0.81% | ₹8.70 Cr | +0.76% | +1.09% | +0.90% |
| Info Edge (India) Ltd. | Services | 0.80% | ₹8.67 Cr | +0.48% | +0.45% | +0.53% |
| Tata Consultancy Services Ltd. | Technology | 0.78% | ₹8.40 Cr | +0.70% | +0.74% | — |
| Cummins India Ltd. | Capital Goods | 0.76% | ₹8.17 Cr | +0.83% | +1.08% | +0.75% |
| Ultratech Cement Ltd. | Materials | 0.74% | ₹8.02 Cr | +0.71% | +0.71% | +0.63% |
| PVR Inox Ltd. | Services | 0.73% | ₹7.91 Cr | +0.56% | +0.54% | +0.52% |
| Britannia Industries Ltd. | Consumer Staples | 0.73% | ₹7.88 Cr | +0.69% | +0.72% | +0.62% |
| Gland Pharma Ltd. | Healthcare | 0.72% | ₹7.79 Cr | — | — | — |
| Global Health Ltd. | Healthcare | 0.69% | ₹7.40 Cr | — | — | — |
| JK Cement Ltd. | Materials | 0.66% | ₹7.13 Cr | +0.63% | +0.63% | +0.68% |
| Vinati Organics Ltd. | Chemicals | 0.65% | ₹6.98 Cr | +0.60% | +0.62% | +0.64% |
| Motherson Sumi Wiring India Ltd. | Automobile | 0.64% | ₹6.96 Cr | +0.65% | +0.66% | +0.56% |
| Arvind Fashions Ltd. | Textiles | 0.64% | ₹6.86 Cr | +0.62% | +0.54% | +0.56% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.63% | ₹6.77 Cr | -0.60% | -0.49% | -0.56% |
| Asian Paints Ltd. | Materials | 0.61% | ₹6.63 Cr | +0.59% | — | — |
| Jubilant FoodWorks Ltd. | Services | 0.61% | ₹6.55 Cr | +0.50% | +0.55% | — |
| Abbott India Ltd. | Healthcare | 0.60% | ₹6.46 Cr | — | — | — |
| company:15709 | Chemicals | 0.59% | ₹6.34 Cr | — | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 0.58% | ₹6.24 Cr | — | — | — |
| Safari Industries (India) Ltd. | Consumer Discretionary | 0.56% | ₹6.04 Cr | +0.53% | +0.58% | +0.61% |
| Greenply Industries Ltd. | Materials | 0.54% | ₹5.80 Cr | +0.44% | +0.35% | +0.44% |
| Awfis Space Solutions Ltd. | Services | 0.50% | ₹5.44 Cr | +0.61% | +0.49% | +0.84% |
| Mrs. Bectors Food Specialities Ltd. | Consumer Staples | 0.49% | ₹5.25 Cr | +0.35% | +0.39% | +0.45% |
| Indian Bank | Financial | 0.45% | ₹4.85 Cr | +0.69% | +1.15% | +0.97% |
| Sonata Software Ltd. | Technology | 0.42% | ₹4.50 Cr | +0.36% | +0.33% | +0.38% |
| Jyothy Labs Ltd. | Consumer Staples | 0.38% | ₹4.10 Cr | +0.36% | +0.41% | +0.49% |
| Shoppers Stop Ltd. | Services | 0.27% | ₹2.96 Cr | +0.24% | +0.19% | +0.29% |
| Vedant Fashions Ltd. | Services | 0.26% | ₹2.81 Cr | +0.19% | +0.16% | +0.27% |
| TVS Motor Company Ltd - Pref. Shares | Automobile | 0.02% | ₹0.22 Cr | +0.02% | +0.02% | +0.01% |
| NTPC Ltd. | Energy | 0.00% | ₹0.03 Cr | -0.93% | -0.84% | -0.63% |
| Hindalco Industries Ltd. | Metals & Mining | -0.01% | ₹-0.06 Cr | -1.20% | -0.90% | -0.60% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:6233 | 0.00% | 2.30% | +2.30% |
| Kei Industries Ltd. | 0.77% | 0.00% | -0.77% |
| company:15709 | 0.00% | 0.59% | +0.59% |
| Eternal Ltd. | 2.72% | 2.28% | -0.44% |
| Power Finance Corporation Ltd. | 2.22% | 1.81% | -0.41% |
| Divi's Laboratories Ltd. | 1.50% | 1.81% | +0.31% |
| Axis Bank Ltd. | 2.57% | 2.79% | +0.23% |
| ICICI Bank Ltd. | 5.04% | 5.25% | +0.21% |
| Lenskart Solutions Ltd. | 0.96% | 1.17% | +0.21% |
| State Bank of India | 2.27% | 2.41% | +0.14% |
| Kotak Mahindra Bank Ltd. | 1.28% | 1.42% | +0.14% |
| Shriram Finance Ltd | 1.48% | 1.62% | +0.14% |
| Tech Mahindra Ltd. | 1.14% | 1.01% | -0.13% |
| Brigade Enterprises Ltd. | 0.73% | 0.85% | +0.12% |
| Gland Pharma Ltd. | 0.61% | 0.72% | +0.11% |
| PNB Housing Finance Ltd. | 0.82% | 0.92% | +0.10% |
| Jubilant FoodWorks Ltd. | 0.52% | 0.61% | +0.09% |
| Bajaj Finance Ltd. | 1.75% | 1.66% | -0.08% |
| CG Power and Industrial Solutions Ltd. | 0.87% | 0.95% | +0.08% |
| Samvardhana Motherson International Ltd. | 2.01% | 2.09% | +0.08% |
| Varun Beverages Ltd. | 1.14% | 1.06% | -0.08% |
| Info Edge (India) Ltd. | 0.73% | 0.80% | +0.07% |
| Infosys Ltd. | 2.27% | 2.34% | +0.07% |
| Bharat Electronics Ltd. | 0.73% | 0.81% | +0.07% |
| Vedant Fashions Ltd. | 0.19% | 0.26% | +0.07% |
| PVR Inox Ltd. | 0.67% | 0.73% | +0.07% |
| LIC Housing Finance Ltd. | 2.26% | 2.32% | +0.06% |
| Kotak Mahindra Prime Ltd. | 2.25% | 2.31% | +0.06% |
| Reserve Bank of India | 1.78% | 1.84% | +0.06% |
| Mrs. Bectors Food Specialities Ltd. | 0.43% | 0.49% | +0.06% |
| Bajaj Housing Finance Ltd. | 2.23% | 2.28% | +0.05% |
| Hindustan Aeronautics Ltd. | 0.84% | 0.89% | +0.05% |
| Global Health Ltd. | 0.63% | 0.69% | +0.05% |
| Motherson Sumi Wiring India Ltd. | 0.69% | 0.64% | -0.05% |
| Larsen & Toubro Ltd. | -0.82% | -0.87% | -0.05% |
| Indian Bank | 0.41% | 0.45% | +0.04% |
| Hindalco Industries Ltd. | -0.53% | -0.57% | -0.04% |
| Bharat Petroleum Corporation Ltd. | 0.92% | 0.96% | +0.04% |
| The Indian Hotels Company Ltd. | 1.40% | 1.44% | +0.04% |
| Others | 7.18% | 7.22% | +0.04% |
| Cummins India Ltd. | 0.80% | 0.76% | -0.04% |
| HDFC Bank Ltd. | -1.65% | -1.61% | +0.03% |
| Tata Consultancy Services Ltd. | 0.75% | 0.78% | +0.03% |
| Reliance Industries Ltd. | -1.49% | -1.52% | -0.03% |
| Bharti Airtel Ltd. | -1.28% | -1.25% | +0.03% |
| Sonata Software Ltd. | 0.45% | 0.42% | -0.03% |
| Vinati Organics Ltd. | 0.62% | 0.65% | +0.03% |
| Abbott India Ltd. | 0.63% | 0.60% | -0.03% |
| Greenply Industries Ltd. | 0.51% | 0.54% | +0.02% |
| Awfis Space Solutions Ltd. | 0.53% | 0.50% | -0.02% |
| Arvind Fashions Ltd. | 0.61% | 0.64% | +0.02% |
| Maruti Suzuki India Ltd. | 1.03% | 1.00% | -0.02% |
| JK Cement Ltd. | 0.68% | 0.66% | -0.02% |
| Jyothy Labs Ltd. | 0.36% | 0.38% | +0.02% |
| GOI | 0.91% | 0.93% | +0.02% |
| Mahindra & Mahindra Ltd. | -0.77% | -0.79% | -0.02% |
| NTPC Ltd. | -0.43% | -0.41% | +0.02% |
| Crompton Greaves Consumer Electricals Ltd. | -0.18% | -0.17% | +0.01% |
| United Spirits Ltd. | 0.97% | 0.98% | +0.01% |
| Billionbrains Garage Ventures Ltd. | 0.57% | 0.58% | +0.01% |
| Angel One Ltd. | 0.94% | 0.93% | -0.01% |
| Ultratech Cement Ltd. | 0.75% | 0.74% | -0.01% |
| Shoppers Stop Ltd. | 0.27% | 0.27% | 0.00% |
| Asian Paints Ltd. | 0.62% | 0.61% | 0.00% |
| Cholamandalam Financial Holdings Ltd. | 0.90% | 0.89% | 0.00% |
| Coal India Ltd. | 1.56% | 1.55% | 0.00% |
| Britannia Industries Ltd. | 0.73% | 0.73% | 0.00% |
| Safari Industries (India) Ltd. | 0.56% | 0.56% | 0.00% |
| TVS Motor Company Ltd - Pref. Shares | 0.02% | 0.02% | 0.00% |
| Interglobe Aviation Ltd. | -0.03% | -0.03% | 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 | ₹39,803 Cr | 1.98% | 0.3% | 5.2% | 9.8% |
 HDFC Balanced Advantage Fund | ₹1,07,296 Cr | 1.31% | -3.8% | 3.3% | 10.5% |
 ICICI Prudential Balanced Advantage Fund | ₹75,399 Cr | 1.57% | 1.2% | 6.7% | 9.4% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹10,125 Cr | 1.95% | 4.6% | 7.5% | 9.6% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,343 Cr | 2.05% | 1.4% | 6.3% | 9.6% |
 Quant Dynamic Asset Allocation Fund | ₹852 Cr | 3.03% | -2.1% | 2.5% | — |
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 months3.19% absolute | ₹60,000 | ₹61,914 | 3.19% | |
| 1 year−2.43% annualised | ₹1,20,000 | ₹1,18,432 | −1.31% |
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 ₹10.03 as on 24 Sep 2026.
What is the expense ratio of Canara Robeco Balanced Advantage Fund?
The expense ratio of Canara Robeco Balanced Advantage Fund is 2.38% 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 ₹1,18,728 Cr under management.