Canara Robeco Banking And Financial Services Fund
- NAV as on 25 Sep 2026
- ₹10.54+0.29%1 day
- Return since launch
- 6.6%
- 52-week range
- ₹9.78 — ₹11.18
- AUM
- ₹657 Cr
Canara Robeco Banking And Financial Services Fund is a Sectoral-Banking equity fund from Canara Robeco Mutual Fund with ₹657 Cr under management, launched in 2026. The expense ratio is 2.70% and the SEBI riskometer reading is Very High.
Performance
Canara Robeco Banking And Financial Services Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.6% against +9.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.6% | −0.6 pts | -5.0% | -3.9% |
| 3M | -2.8% | +0.7 pts | -3.5% | -3.4% |
| 6M | 6.3% | −1.1 pts | 7.4% | 7.3% |
Since launch (27 Feb 2026): 6.6%
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
2.67%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.06%
- Brokerage
- 0.08%
- Transaction charges
- 0.00%
- Statutory levies
- 0.53%
- 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
- NIFTY Financial Services TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Canara Robeco Banking And Financial Services Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity95.6%
- Other4.4%
Market cap split
- Large65.4%
- Mid17.6%
- Small17.1%
- P/E
- 20.17
- P/B
- 2.67
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 10.79% | ₹70.90 Cr | +9.90% | +6.64% | — |
| HDFC Bank Ltd. | Financial | 10.29% | ₹67.60 Cr | +8.65% | +6.13% | — |
| State Bank of India | Financial | 7.82% | ₹51.36 Cr | +8.12% | +6.75% | — |
| Axis Bank Ltd. | Financial | 7.25% | ₹47.65 Cr | +7.93% | +5.69% | — |
| Kotak Mahindra Bank Ltd. | Financial | 5.01% | ₹32.94 Cr | +4.64% | +3.54% | — |
| Bajaj Finance Ltd. | Financial | 4.89% | ₹32.12 Cr | +4.68% | +2.69% | — |
| Others | Others | 4.40% | ₹28.89 Cr | +0.18% | -3.08% | — |
| Shriram Finance Ltd | Financial | 4.24% | ₹27.86 Cr | +4.13% | +2.16% | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 4.00% | ₹26.25 Cr | +3.59% | +1.20% | — |
| One97 Communications Ltd. | Services | 3.84% | ₹25.24 Cr | +3.15% | +1.58% | — |
| Tata Capital Ltd. | Financial | 3.00% | ₹19.68 Cr | +2.84% | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.74% | ₹18.02 Cr | +1.92% | +1.40% | — |
| Max Financial Services Ltd. | Financial | 2.71% | ₹17.78 Cr | +3.29% | +1.99% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 2.56% | ₹16.80 Cr | +3.62% | +1.55% | — |
| PB Fintech Ltd. | Services | 2.51% | ₹16.50 Cr | +2.60% | +1.47% | — |
| Aadhar Housing Finance Ltd | Financial | 2.44% | ₹16.05 Cr | +2.35% | — | — |
| Karur Vysya Bank Ltd. | Financial | 2.44% | ₹16.02 Cr | +2.29% | +1.73% | — |
| Nippon Life India Asset Management Ltd. | Financial | 2.31% | ₹15.17 Cr | +3.74% | +0.95% | — |
| Crisil Ltd. | Services | 2.24% | ₹14.71 Cr | +1.75% | +0.25% | — |
| RBL Bank Ltd. | Financial | 2.13% | ₹13.98 Cr | +2.20% | — | — |
| Prudent Corporate Advisory Services Ltd. | Financial | 1.93% | ₹12.64 Cr | +1.63% | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 1.75% | ₹11.49 Cr | +1.82% | — | — |
| ICICI Prudential Asset Management Company Ltd. | Unclassified | 1.73% | ₹11.34 Cr | +2.28% | +1.71% | — |
| 360 One Wam Ltd. | Financial | 1.65% | ₹10.85 Cr | — | — | — |
| Indian Bank | Financial | 1.59% | ₹10.47 Cr | — | — | — |
| BSE Ltd. | Services | 1.39% | ₹9.16 Cr | +3.31% | +0.49% | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.20% | ₹7.86 Cr | — | — | — |
| Computer Age Management Services Ltd. | Services | 1.15% | ₹7.53 Cr | +1.79% | +0.25% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Indian Bank | 0.46% | 1.59% | +1.13% |
| HDFC Bank Ltd. | 11.29% | 10.29% | -1.00% |
| Power Finance Corporation Ltd. | 0.94% | 0.00% | -0.94% |
| Computer Age Management Services Ltd. | 1.64% | 1.15% | -0.49% |
| Bajaj Finance Ltd. | 5.36% | 4.89% | -0.47% |
| BSE Ltd. | 1.79% | 1.39% | -0.40% |
| One97 Communications Ltd. | 3.44% | 3.84% | +0.40% |
| 360 One Wam Ltd. | 1.26% | 1.65% | +0.39% |
| Ujjivan Small Finance Bank Ltd. | 4.31% | 4.00% | -0.31% |
| Mahindra & Mahindra Financial Services Ltd. | 0.92% | 1.20% | +0.28% |
| Nippon Life India Asset Management Ltd. | 2.59% | 2.31% | -0.28% |
| PB Fintech Ltd. | 2.23% | 2.51% | +0.28% |
| Kotak Mahindra Bank Ltd. | 4.75% | 5.01% | +0.26% |
| Others | 0.07% | -0.19% | -0.26% |
| Multi Commodity Exchange Of India Ltd. | 2.37% | 2.56% | +0.19% |
| Prudent Corporate Advisory Services Ltd. | 1.79% | 1.93% | +0.14% |
| Axis Bank Ltd. | 7.39% | 7.25% | -0.14% |
| Crisil Ltd. | 2.11% | 2.24% | +0.13% |
| ICICI Prudential Asset Management Company Ltd. | 1.83% | 1.73% | -0.10% |
| Cholamandalam Investment and Finance Company Ltd. | 2.84% | 2.74% | -0.10% |
| Tata Capital Ltd. | 3.09% | 3.00% | -0.09% |
| ICICI Bank Ltd. | 10.87% | 10.79% | -0.08% |
| Shriram Finance Ltd | 4.16% | 4.24% | +0.08% |
| State Bank of India | 7.88% | 7.82% | -0.06% |
| RBL Bank Ltd. | 2.18% | 2.13% | -0.05% |
| Karur Vysya Bank Ltd. | 2.48% | 2.44% | -0.04% |
| Max Financial Services Ltd. | 2.68% | 2.71% | +0.03% |
| Aadhar Housing Finance Ltd | 2.42% | 2.44% | +0.02% |
| Billionbrains Garage Ventures Ltd. | 1.74% | 1.75% | +0.01% |
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 | ₹2,982 Cr | 2.23% | -0.6% | 8.8% | 12.4% |
 SBI Banking & Financial Services Fund | ₹10,873 Cr | 2.16% | -7.2% | 6.8% | 11.6% |
 Invesco India Financial Services Fund | ₹1,896 Cr | 2.19% | -3.1% | 7.8% | 13.2% |
 Bandhan Financial Services Fund | ₹1,122 Cr | 2.49% | -2.7% | 5.5% | — |
 Quant BFSI Fund | ₹922 Cr | 3.48% | 14.7% | 15.3% | — |
 Kotak Nifty Financial Services Ex-Bank Index Fund | ₹99.18 Cr | 0.83% | -4.7% | 8.6% | — |
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 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.
Fund managers
- Amit KadamMr. Kadam is a BE (Electronics), MMS (Finance)Prior to joining Canara Robeco Asset Management Company Ltd he has worked with LIC Mutual Fund Asset Management Ltd, Sykes and Ray Equities (I) Ltd.
- Shridatta BhandwaldarMr. Bhandwaldar is a BE (Mechanical) and MMS (Finance).Prior to joining Canara Robeco Mutual Fund he was associated with SBI Pension Funds Pvt. Ltd. (Jul 2012-Jun 2016) as Head-Research, Heritage India Advisory Pvt. Ltd. (Oct 2009-Jun 2012) as Senior Equity Analyst, Motilal Oswal Securities (Jan 2008-Sep 2009) and MF Global Securities (Apr 2006-Dec 2008).
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 months6.25% absolute | ₹60,000 | ₹63,750 | 6.25% |
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.