Direct
NAV (11-Sep-24)
₹10.31-0.19%1D
Returns (Since Inception)
3.10%
Rated ★4.5+ on 
Fund Overview
Fund Size
-
Expense Ratio
-
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 1 months and 14 days, having been launched on 02-Aug-24
- Canara Robeco Balanced Advantage Fund Direct Growth has given a CAGR return of 3.10% since inception.
- The fund's asset allocation comprises around 65.23% in equities, 25.16% in debts, and 9.61% 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
+3.10%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹NaN Cr | 65.23% |
| Debt | ₹NaN Cr | 25.16% |
| Others | ₹NaN Cr | 9.61% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹131.98 Cr | 9.22% |
| HDB Financial Services | Bond - Corporate Bond | ₹74.82 Cr | 5.22% |
| 364 DTB 24072025 | Bond - Gov't/Treasury | ₹52.53 Cr | 3.67% |
| Bajaj Finance Ltd. | Bond - Corporate Bond | ₹50.08 Cr | 3.50% |
| ICICI Bank Ltd | Equity | ₹47.94 Cr | 3.35% |
| Infosys Ltd | Equity | ₹44.51 Cr | 3.11% |
| HDFC Bank Ltd | Equity | ₹41.17 Cr | 2.87% |
| Larsen & Toubro Ltd | Equity | ₹38.34 Cr | 2.68% |
| Reliance Industries Ltd | Equity | ₹35.63 Cr | 2.49% |
| Bharti Airtel Ltd | Equity | ₹33.77 Cr | 2.36% |
| State Bank of India | Equity | ₹31.89 Cr | 2.23% |
| Power Finance Corp Ltd | Equity | ₹30.77 Cr | 2.15% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹30.04 Cr | 2.10% |
| HCL Technologies Ltd | Equity | ₹28.67 Cr | 2.00% |
| NTPC Ltd | Equity | ₹26.76 Cr | 1.87% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹25.92 Cr | 1.81% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹25.62 Cr | 1.79% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹25.47 Cr | 1.78% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹25.41 Cr | 1.77% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹25.39 Cr | 1.77% |
| LIC Housing Finance Ltd. | Bond - Corporate Bond | ₹25 Cr | 1.75% |
| ITC Ltd | Equity | ₹24.59 Cr | 1.72% |
| Axis Bank Ltd | Equity | ₹23.86 Cr | 1.67% |
| TVS Motor Co Ltd | Equity | ₹23.07 Cr | 1.61% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹19.92 Cr | 1.39% |
| Coal India Ltd | Equity | ₹19.08 Cr | 1.33% |
| SBI Life Insurance Company Limited | Equity | ₹17.21 Cr | 1.20% |
| Hindalco Industries Ltd | Equity | ₹17.08 Cr | 1.19% |
| Mahindra & Mahindra Ltd | Equity | ₹16.41 Cr | 1.15% |
| Cipla Ltd | Equity | ₹16.22 Cr | 1.13% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹16.17 Cr | 1.13% |
| InterGlobe Aviation Ltd | Equity | ₹16.04 Cr | 1.12% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹14.02 Cr | 0.98% |
| Bharat Electronics Ltd | Equity | ₹13.9 Cr | 0.97% |
| Divi's Laboratories Ltd | Equity | ₹13.32 Cr | 0.93% |
| Oil & Natural Gas Corp Ltd | Equity | ₹13.2 Cr | 0.92% |
| Brigade Enterprises Ltd | Equity | ₹12.65 Cr | 0.88% |
| Zomato Ltd | Equity | ₹12.55 Cr | 0.88% |
| Mphasis Ltd | Equity | ₹11.33 Cr | 0.79% |
| KEI Industries Ltd | Equity | ₹10.6 Cr | 0.74% |
| Shriram Finance Ltd | Equity | ₹10.41 Cr | 0.73% |
| Indian Bank | Equity | ₹10.38 Cr | 0.72% |
| Piramal Pharma Ltd | Equity | ₹10.3 Cr | 0.72% |
| Cummins India Ltd | Equity | ₹10.3 Cr | 0.72% |
| Sonata Software Ltd | Equity | ₹10.25 Cr | 0.72% |
| PVR INOX Ltd | Equity | ₹9.92 Cr | 0.69% |
| Bharat Petroleum Corp Ltd | Equity | ₹9.67 Cr | 0.68% |
| Samvardhana Motherson International Ltd | Equity | ₹9.57 Cr | 0.67% |
| JK Cement Ltd | Equity | ₹9.2 Cr | 0.64% |
| Varun Beverages Ltd | Equity | ₹9.16 Cr | 0.64% |
| Voltas Ltd | Equity | ₹9.07 Cr | 0.63% |
| FSN E-Commerce Ventures Ltd | Equity | ₹8.83 Cr | 0.62% |
| United Spirits Ltd | Equity | ₹8.62 Cr | 0.60% |
| PNB Housing Finance Ltd | Equity | ₹8.45 Cr | 0.59% |
| Metropolis Healthcare Ltd | Equity | ₹8.35 Cr | 0.58% |
| UltraTech Cement Ltd | Equity | ₹7.91 Cr | 0.55% |
| Avenue Supermarts Ltd | Equity | ₹7.88 Cr | 0.55% |
| CCL Products (India) Ltd | Equity | ₹7.85 Cr | 0.55% |
| CG Power & Industrial Solutions Ltd | Equity | ₹7.83 Cr | 0.55% |
| Tata Motors Ltd | Equity | ₹7.61 Cr | 0.53% |
| KEC International Ltd | Equity | ₹7.58 Cr | 0.53% |
| Safari Industries (India) Ltd | Equity | ₹7.55 Cr | 0.53% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹7.45 Cr | 0.52% |
| Jyothy Labs Ltd | Equity | ₹7.02 Cr | 0.49% |
| Deepak Nitrite Ltd | Equity | ₹6.99 Cr | 0.49% |
| Arvind Fashions Ltd | Equity | ₹6.73 Cr | 0.47% |
| Motherson Sumi Wiring India Ltd | Equity | ₹6.47 Cr | 0.45% |
| Vedant Fashions Ltd | Equity | ₹6.44 Cr | 0.45% |
| Vinati Organics Ltd | Equity | ₹6.4 Cr | 0.45% |
| Shoppers Stop Ltd | Equity | ₹6.24 Cr | 0.44% |
| Greenply Industries Ltd | Equity | ₹6.14 Cr | 0.43% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹5.93 Cr | 0.41% |
| Other Current Assets | Cash | ₹5.93 Cr | 0.41% |
| Apollo Tyres Ltd | Equity | ₹0.99 Cr | 0.07% |
| Margin On Derivatives | Cash | ₹-0.21 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
46.59%
Mid Cap Stocks
7.54%
Small Cap Stocks
11.10%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹256.02 Cr | 17.88% |
| Consumer Cyclical | ₹128.64 Cr | 8.98% |
| Industrials | ₹113.66 Cr | 7.94% |
| Technology | ₹94.76 Cr | 6.62% |
| Energy | ₹77.58 Cr | 5.42% |
| Consumer Defensive | ₹72.57 Cr | 5.07% |
| Basic Materials | ₹59.65 Cr | 4.17% |
| Healthcare | ₹48.18 Cr | 3.36% |
| Communication Services | ₹43.69 Cr | 3.05% |
| Utilities | ₹26.76 Cr | 1.87% |
| Real Estate | ₹12.65 Cr | 0.88% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.43%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.99
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.99
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 August 2024
ISIN | INF760K01LD0 | Expense Ratio | - | Exit Load | 1.00% | Fund Size | - | Age | 02 Aug 2024 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹1315.31 Cr | 23.5% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1315.31 Cr | 25.0% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1403.36 Cr | 52.7% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1403.36 Cr | 50.4% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2321.90 Cr | 22.1% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2321.90 Cr | 20.6% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹886.22 Cr | 26.2% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹886.22 Cr | 28.4% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1734.82 Cr | 22.0% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1734.82 Cr | 20.4% |
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
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 11-Sep-2024, is ₹10.31.
What is the portfolio composition of Canara Robeco Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 65.23% in equities, 25.16% in bonds, and 9.61% 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.
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.