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Canara Robeco Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (21-Nov-24)
₹9.95-0.40%1D
Returns (Since Inception)
-0.50%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,472 Cr
Expense Ratio
0.46%
ISIN
INF760K01LD0
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
02 Aug 2024
About this fund
This fund has been in existence for 3 months and 20 days, having been launched on 02-Aug-24.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹9.95, Assets Under Management (AUM) of 1472.37 Crores, and an expense ratio of 0.46%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹9.95, Assets Under Management (AUM) of 1472.37 Crores, and an expense ratio of 0.46%.
- Canara Robeco Balanced Advantage Fund Direct Growth has given a CAGR return of -0.50% since inception.
- The fund's asset allocation comprises around 65.35% in equities, 28.96% in debts, and 5.69% in cash & cash equivalents.
- You can start investing in Canara Robeco Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
-0.50%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹962.2 Cr | 65.35% |
| Debt | ₹426.33 Cr | 28.96% |
| Others | ₹83.85 Cr | 5.69% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDB Financial Services Ltd. | Bond - Corporate Bond | ₹75 Cr | 5.09% |
| Treps | Cash - Repurchase Agreement | ₹67.94 Cr | 4.61% |
| ICICI Bank Ltd | Equity | ₹62.03 Cr | 4.21% |
| 364 DTB 24072025 | Bond - Gov't/Treasury | ₹53.14 Cr | 3.61% |
| 7.10%Goi 08/04/2034 | Bond - Gov't/Treasury | ₹50.89 Cr | 3.46% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹50.28 Cr | 3.41% |
| 6.79 Goi 2034 | Bond - Gov't/Treasury | ₹49.94 Cr | 3.39% |
| HDFC Bank Ltd | Equity | ₹49.17 Cr | 3.34% |
| Infosys Ltd | Equity | ₹40.24 Cr | 2.73% |
| Larsen & Toubro Ltd | Equity | ₹37.49 Cr | 2.55% |
| Bharti Airtel Ltd | Equity | ₹36.53 Cr | 2.48% |
| State Bank of India | Equity | ₹32.07 Cr | 2.18% |
| Reliance Industries Ltd | Equity | ₹31.44 Cr | 2.14% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹30.13 Cr | 2.05% |
| Axis Bank Ltd | Equity | ₹26.57 Cr | 1.80% |
| NTPC Ltd | Equity | ₹26.24 Cr | 1.78% |
| HCL Technologies Ltd | Equity | ₹26.05 Cr | 1.77% |
| 7.30 Goi 19062053 | Bond - Gov't/Treasury | ₹26 Cr | 1.77% |
| 07.18 Goi 14082033 | Bond - Gov't/Treasury | ₹25.52 Cr | 1.73% |
| Power Finance Corp Ltd | Equity | ₹25.48 Cr | 1.73% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹25.19 Cr | 1.71% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.98 Cr | 1.70% |
| ITC Ltd | Equity | ₹23.95 Cr | 1.63% |
| TVS Motor Co Ltd | Equity | ₹20.45 Cr | 1.39% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹17.83 Cr | 1.21% |
| Varun Beverages Ltd | Equity | ₹17.04 Cr | 1.16% |
| Other Current Assets | Cash | ₹16.73 Cr | 1.14% |
| Hindalco Industries Ltd | Equity | ₹16.71 Cr | 1.13% |
| Coal India Ltd | Equity | ₹16.43 Cr | 1.12% |
| Mahindra & Mahindra Ltd | Equity | ₹15.96 Cr | 1.08% |
| Divi's Laboratories Ltd | Equity | ₹15.4 Cr | 1.05% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹15.25 Cr | 1.04% |
| Cipla Ltd | Equity | ₹15.21 Cr | 1.03% |
| Bharat Electronics Ltd | Equity | ₹15.13 Cr | 1.03% |
| InterGlobe Aviation Ltd | Equity | ₹15.1 Cr | 1.03% |
| SBI Life Insurance Co Ltd | Equity | ₹15.09 Cr | 1.02% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹15.01 Cr | 1.02% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹14.23 Cr | 0.97% |
| Piramal Pharma Ltd | Equity | ₹13.16 Cr | 0.89% |
| Samvardhana Motherson International Ltd | Equity | ₹12.49 Cr | 0.85% |
| Brigade Enterprises Ltd | Equity | ₹12.38 Cr | 0.84% |
| Angel One Ltd Ordinary Shares | Equity | ₹12.21 Cr | 0.83% |
| Zomato Ltd | Equity | ₹12.11 Cr | 0.82% |
| Shriram Finance Ltd | Equity | ₹11.77 Cr | 0.80% |
| Tata Power Co Ltd | Equity | ₹11.44 Cr | 0.78% |
| Indian Bank | Equity | ₹10.84 Cr | 0.74% |
| KEI Industries Ltd | Equity | ₹10.33 Cr | 0.70% |
| PVR INOX Ltd | Equity | ₹10.28 Cr | 0.70% |
| Deepak Nitrite Ltd | Equity | ₹10.02 Cr | 0.68% |
| Cummins India Ltd | Equity | ₹9.63 Cr | 0.65% |
| Sonata Software Ltd | Equity | ₹9.42 Cr | 0.64% |
| PNB Housing Finance Ltd | Equity | ₹9.28 Cr | 0.63% |
| JK Cement Ltd | Equity | ₹8.93 Cr | 0.61% |
| Safari Industries (India) Ltd | Equity | ₹8.83 Cr | 0.60% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹8.75 Cr | 0.59% |
| FSN E-Commerce Ventures Ltd | Equity | ₹8.63 Cr | 0.59% |
| Voltas Ltd | Equity | ₹8.58 Cr | 0.58% |
| United Spirits Ltd | Equity | ₹8.48 Cr | 0.58% |
| Bharat Petroleum Corp Ltd | Equity | ₹8.41 Cr | 0.57% |
| Vinati Organics Ltd | Equity | ₹8.39 Cr | 0.57% |
| Metropolis Healthcare Ltd | Equity | ₹8.37 Cr | 0.57% |
| CG Power & Industrial Solutions Ltd | Equity | ₹7.92 Cr | 0.54% |
| KEC International Ltd | Equity | ₹7.88 Cr | 0.54% |
| UltraTech Cement Ltd | Equity | ₹7.75 Cr | 0.53% |
| Jyothy Labs Ltd | Equity | ₹7.42 Cr | 0.50% |
| CCL Products (India) Ltd | Equity | ₹7.39 Cr | 0.50% |
| Vedant Fashions Ltd | Equity | ₹7.22 Cr | 0.49% |
| Arvind Fashions Ltd | Equity | ₹7.16 Cr | 0.49% |
| Oil & Natural Gas Corp Ltd | Equity | ₹7.05 Cr | 0.48% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹6.65 Cr | 0.45% |
| Mphasis Ltd | Equity | ₹6.34 Cr | 0.43% |
| Avenue Supermarts Ltd | Equity | ₹6.29 Cr | 0.43% |
| Greenply Industries Ltd | Equity | ₹5.91 Cr | 0.40% |
| Motherson Sumi Wiring India Ltd | Equity | ₹5.77 Cr | 0.39% |
| Tata Motors Ltd | Equity | ₹5.71 Cr | 0.39% |
| Shoppers Stop Ltd | Equity | ₹5.18 Cr | 0.35% |
| Apollo Tyres Ltd | Equity | ₹1.01 Cr | 0.07% |
| Margin On Derivatives | Cash | ₹-0.83 Cr | 0.06% |
Allocation By Market Cap (Equity)
Large Cap Stocks
45.59%
Mid Cap Stocks
7.19%
Small Cap Stocks
12.57%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹287.35 Cr | 19.52% |
| Consumer Cyclical | ₹124.75 Cr | 8.47% |
| Industrials | ₹112.05 Cr | 7.61% |
| Technology | ₹82.05 Cr | 5.57% |
| Consumer Defensive | ₹79.32 Cr | 5.39% |
| Basic Materials | ₹64.34 Cr | 4.37% |
| Energy | ₹63.32 Cr | 4.30% |
| Healthcare | ₹52.13 Cr | 3.54% |
| Communication Services | ₹46.81 Cr | 3.18% |
| Utilities | ₹37.69 Cr | 2.56% |
| Real Estate | ₹12.38 Cr | 0.84% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.86%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.75
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.37
Higher the better
Fund Managers
SP
Suman Prasad
Since August 2024
SB
Shridatta Bhandwaldar
Since August 2024
Ennette Fernandes
Since August 2024
AK
Amit Kadam
Since August 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF760K01LD0 | Expense Ratio 0.46% | Exit Load 1.00% | Fund Size ₹1,472 Cr | Age 3 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Hybrid 50+50 - Moderate TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1238.19 Cr | 11.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1238.19 Cr | 13.3% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1349.99 Cr | 31.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1349.99 Cr | 29.3% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2268.45 Cr | 17.9% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2268.45 Cr | 16.4% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹890.15 Cr | 19.7% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹890.15 Cr | 21.7% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1742.15 Cr | 17.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1742.15 Cr | 15.5% |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Canara Robeco Balanced Advantage Fund Direct Growth?
The NAV of Canara Robeco Balanced Advantage Fund Direct Growth, as of 21-Nov-2024, is ₹9.95.
What is the portfolio composition of Canara Robeco Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 65.35% in equities, 28.96% in bonds, and 5.69% in cash and cash equivalents.
Who manages the Canara Robeco Balanced Advantage Fund Direct Growth?
The fund managers responsible for Canara Robeco Balanced Advantage Fund Direct Growth are:-
- Suman Prasad
- Shridatta Bhandwaldar
- Ennette Fernandes
- Amit Kadam
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.