Canara Robeco Balanced Advantage Fund Direct Growth

Fund Overview

Fund Size

₹1,466 Cr

Expense Ratio

0.65%

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 10 months and 7 days, having been launched on 02-Aug-24.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹10.40, Assets Under Management (AUM) of 1466.23 Crores, and an expense ratio of 0.65%.

Canara Robeco Balanced Advantage Fund Direct Growth has given a CAGR return of 4.00% since inception.
The fund's asset allocation comprises around 68.73% in equities, 25.75% in debts, and 5.52% 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

+4.00%

— (Cat Avg.)

Portfolio Summaryas of 31st May 2025

Equity	₹1,007.79 Cr	68.73%
Debt	₹377.53 Cr	25.75%
Others	₹80.91 Cr	5.52%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDB Financial Services Ltd.	Bond - Corporate Bond	₹75.39 Cr	5.07%
ICICI Bank Ltd	Equity	₹69.4 Cr	4.67%
Treps	Cash - Repurchase Agreement	₹66.1 Cr	4.45%
HDFC Bank Ltd	Equity	₹63.46 Cr	4.27%
Reliance Industries Ltd	Equity	₹57.26 Cr	3.85%
Treasury Bills	Bond - Gov't/Treasury	₹54.24 Cr	3.65%
7.1% Govt Stock 2034	Bond - Gov't/Treasury	₹52.71 Cr	3.55%
Bajaj Finance Limited	Bond - Corporate Bond	₹50.73 Cr	3.41%
Bharti Airtel Ltd	Equity	₹41.06 Cr	2.76%
Larsen & Toubro Ltd	Equity	₹38.04 Cr	2.56%
Infosys Ltd	Equity	₹32.97 Cr	2.22%
State Bank of India	Equity	₹31.76 Cr	2.14%
Bajaj Finance Limited	Bond - Corporate Bond	₹30.32 Cr	2.04%
Axis Bank Ltd	Equity	₹30 Cr	2.02%
Power Finance Corp Ltd	Equity	₹28.29 Cr	1.90%
7.3% Govt Stock 2053	Bond - Gov't/Treasury	₹26.51 Cr	1.78%
6.79% Govt Stock 2034	Bond - Gov't/Treasury	₹25.9 Cr	1.74%
LIC Housing Finance Limited	Bond - Corporate Bond	₹25.76 Cr	1.73%
Bajaj Finance Ltd	Equity	₹25.71 Cr	1.73%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹25.15 Cr	1.69%
TVS Motor Co Ltd	Equity	₹22.8 Cr	1.53%
InterGlobe Aviation Ltd	Equity	₹22.55 Cr	1.52%
NTPC Ltd	Equity	₹21.47 Cr	1.44%
Bharat Electronics Ltd	Equity	₹20.92 Cr	1.41%
Mahindra & Mahindra Ltd	Equity	₹20.41 Cr	1.37%
Eternal Ltd	Equity	₹17.16 Cr	1.15%
SBI Life Insurance Co Ltd	Equity	₹16.85 Cr	1.13%
Coal India Ltd	Equity	₹16.57 Cr	1.12%
Other Current Assets	Cash - Collateral	₹15.52 Cr	1.04%
Hindalco Industries Ltd	Equity	₹15.43 Cr	1.04%
ITC Ltd	Equity	₹15.26 Cr	1.03%
Sun Pharmaceuticals Industries Ltd	Equity	₹15.1 Cr	1.02%
Cipla Ltd	Equity	₹14.36 Cr	0.97%
Tata Power Co Ltd	Equity	₹14.08 Cr	0.95%
Angel One Ltd Ordinary Shares	Equity	₹13.66 Cr	0.92%
Divi's Laboratories Ltd	Equity	₹13.65 Cr	0.92%
Varun Beverages Ltd	Equity	₹13.56 Cr	0.91%
Awfis Space Solutions Ltd	Equity	₹13.54 Cr	0.91%
Indian Bank	Equity	₹12.95 Cr	0.87%
Crompton Greaves Consumer Electricals Ltd	Equity	₹12.85 Cr	0.86%
Cholamandalam Financial Holdings Ltd	Equity	₹12.6 Cr	0.85%
Maruti Suzuki India Ltd	Equity	₹12.32 Cr	0.83%
Tech Mahindra Ltd	Equity	₹12.12 Cr	0.82%
ICICI Lombard General Insurance Co Ltd	Equity	₹11.82 Cr	0.80%
Brigade Enterprises Ltd	Equity	₹11.49 Cr	0.77%
Samvardhana Motherson International Ltd	Equity	₹11.48 Cr	0.77%
JK Cement Ltd	Equity	₹11.35 Cr	0.76%
United Spirits Ltd	Equity	₹10.79 Cr	0.73%
FSN E-Commerce Ventures Ltd	Equity	₹10.62 Cr	0.71%
7.02% Govt Stock 2031	Bond - Gov't/Treasury	₹10.51 Cr	0.71%
KEI Industries Ltd	Equity	₹10.11 Cr	0.68%
Vinati Organics Ltd	Equity	₹9.68 Cr	0.65%
HCL Technologies Ltd	Equity	₹9.41 Cr	0.63%
Safari Industries (India) Ltd	Equity	₹9.23 Cr	0.62%
Cummins India Ltd	Equity	₹8.99 Cr	0.60%
PNB Housing Finance Ltd	Equity	₹8.99 Cr	0.60%
Shriram Finance Ltd	Equity	₹8.79 Cr	0.59%
Bharat Petroleum Corp Ltd	Equity	₹8.61 Cr	0.58%
Deepak Nitrite Ltd	Equity	₹8.51 Cr	0.57%
UltraTech Cement Ltd	Equity	₹7.85 Cr	0.53%
CG Power & Industrial Solutions Ltd	Equity	₹7.73 Cr	0.52%
Motherson Sumi Wiring India Ltd	Equity	₹7.3 Cr	0.49%
Voltas Ltd	Equity	₹7.16 Cr	0.48%
Arvind Fashions Ltd	Equity	₹6.98 Cr	0.47%
Jyothy Labs Ltd	Equity	₹6.95 Cr	0.47%
Mrs Bectors Food Specialities Ltd Ordinary Shares	Equity	₹6.76 Cr	0.45%
Greenply Industries Ltd	Equity	₹6.47 Cr	0.44%
PVR INOX Ltd	Equity	₹6.45 Cr	0.43%
Avenue Supermarts Ltd	Equity	₹6.4 Cr	0.43%
Oil & Natural Gas Corp Ltd	Equity	₹6.34 Cr	0.43%
Sonata Software Ltd	Equity	₹6.3 Cr	0.42%
Piramal Pharma Ltd	Equity	₹5.88 Cr	0.40%
Sumitomo Chemical India Ltd Ordinary Shares	Equity	₹5.88 Cr	0.40%
7.23% Govt Stock 2039	Bond - Gov't/Treasury	₹5.37 Cr	0.36%
Vedant Fashions Ltd	Equity	₹4.11 Cr	0.28%
Shoppers Stop Ltd	Equity	₹3.92 Cr	0.26%
ITC Hotels Ltd	Equity	₹0.79 Cr	0.05%
Margin On Derivatives	Cash - Collateral	₹0.38 Cr	0.03%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹334.27 Cr	22.50%
Consumer Cyclical	₹147.11 Cr	9.90%
Industrials	₹121.86 Cr	8.20%
Energy	₹88.78 Cr	5.98%
Basic Materials	₹65.17 Cr	4.39%
Technology	₹60.8 Cr	4.09%
Consumer Defensive	₹59.73 Cr	4.02%
Healthcare	₹49 Cr	3.30%
Communication Services	₹47.51 Cr	3.20%
Utilities	₹35.55 Cr	2.39%
Real Estate	₹11.49 Cr	0.77%

Risk & Performance Ratios

Fund Managers

Suman Prasad

Since August 2024

Pranav Gokhale

Since May 2025

Ennette Fernandes

Since August 2024

Amit Kadam

Since August 2024

Additional Scheme Detailsas of 31st May 2025

ISIN

INF760K01LD0

Expense Ratio

0.65%

Exit Load

1.00%

Fund Size

₹1,466 Cr

Age

10 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
Unifi Dynamic Asset Allocation Fund Direct Growth Moderate Risk	0.9%	1.0%	-	-
Unifi Dynamic Asset Allocation Fund Regular Growth Moderate Risk	1.5%	1.0%	-	-
Canara Robeco Balanced Advantage Fund Regular Growth Very High Risk	2.1%	1.0%	₹1466.23 Cr	-
Canara Robeco Balanced Advantage Fund Direct Growth Very High Risk	0.7%	1.0%	₹1466.23 Cr	-
Helios Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹300.87 Cr	8.4%
Helios Balanced Advantage Fund Regular Growth Very High Risk	2.4%	1.0%	₹300.87 Cr	6.6%
Parag Parikh Dynamic Asset Allocation Fund Regular Growth Moderate Risk	0.6%	1.0%	₹1919.67 Cr	9.7%
Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk	0.3%	1.0%	₹1919.67 Cr	10.0%
Samco Dynamic Asset Allocation Fund Direct Growth Very High Risk	0.8%	1.0%	₹478.25 Cr	4.9%
Samco Dynamic Asset Allocation Fund Regular Growth Very High Risk	2.4%	1.0%	₹478.25 Cr	3.2%
Bajaj Finserv Balanced Advantage Fund Direct Growth Very High Risk	0.5%	1.0%	₹1287.96 Cr	7.0%
Bajaj Finserv Balanced Advantage Fund Regular Growth Very High Risk	2.0%	1.0%	₹1287.96 Cr	5.4%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1497.26 Cr	11.7%
HDFC Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹97460.90 Cr	9.8%
HDFC Balanced Advantage Fund Regular Growth Very High Risk	1.4%	1.0%	₹97460.90 Cr	9.1%
Edelweiss Balanced Advantage Fund Regular Growth Very High Risk	1.7%	1.0%	₹12455.32 Cr	7.2%
Sundaram Balanced Advantage Fund Direct Growth High Risk	0.6%	1.0%	₹1536.89 Cr	11.2%
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth Very High Risk	0.7%	0.0%	₹7532.74 Cr	13.1%
Nippon India Balanced Advantage Fund Direct Growth Very High Risk	0.6%	1.0%	₹9049.42 Cr	10.6%
Invesco India Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	0.0%	₹965.33 Cr	10.5%
Tata Balanced Advantage Fund Regular Growth High Risk	1.7%	1.0%	₹10154.27 Cr	6.3%
Tata Balanced Advantage Fund Direct Growth High Risk	0.4%	1.0%	₹10154.27 Cr	7.7%
DSP Dynamic Asset Allocation Fund Regular Growth Moderately High risk	1.9%	1.0%	₹3310.56 Cr	10.9%
DSP Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.7%	1.0%	₹3310.56 Cr	12.2%
HSBC Balanced Advantage Fund Regular Growth Moderately High risk	2.1%	1.0%	₹1497.26 Cr	10.2%
LIC MF Balanced Advantage Fund Regular Growth Very High Risk	2.3%	1.0%	₹830.92 Cr	12.2%
LIC MF Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹830.92 Cr	14.0%
ICICI Prudential Balanced Advantage Fund Regular Growth High Risk	1.4%	1.0%	₹62527.91 Cr	11.1%
ITI Balanced Advantage Fund Regular Growth Moderately High risk	2.4%	0.0%	₹390.85 Cr	9.7%
ITI Balanced Advantage Fund Direct Growth Moderately High risk	0.6%	0.0%	₹390.85 Cr	11.6%
Invesco India Balanced Advantage Fund Regular Growth Moderately High risk	2.1%	0.0%	₹965.33 Cr	9.0%
Sundaram Balanced Advantage Fund Regular Growth High Risk	2.1%	1.0%	₹1536.89 Cr	9.6%
Union Balanced Advantage Fund Regular Growth Very High Risk	2.1%	1.0%	₹1377.80 Cr	7.5%
Union Balanced Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹1377.80 Cr	8.8%
Edelweiss Balanced Advantage Fund Direct Growth Very High Risk	0.5%	1.0%	₹12455.32 Cr	8.5%
Bank of India Balanced Advantage Fund Regular Growth Very High Risk	2.3%	1.0%	₹134.23 Cr	3.7%
Bank of India Balanced Advantage Fund Direct Growth Very High Risk	1.2%	1.0%	₹134.23 Cr	4.8%
Kotak Balanced Advantage Fund Regular Growth Very High Risk	1.7%	1.0%	₹16987.87 Cr	10.8%
Kotak Balanced Advantage Fund Direct Growth Very High Risk	0.6%	1.0%	₹16987.87 Cr	12.1%
PGIM India Balanced Advantage Fund Regular Growth Very High Risk	2.2%	0.0%	₹967.50 Cr	10.2%
PGIM India Balanced Advantage Fund Direct Growth Very High Risk	0.5%	0.0%	₹967.50 Cr	12.1%
Axis Balanced Advantage Fund Regular Growth Moderately High risk	2.0%	1.0%	₹2935.36 Cr	11.9%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹2935.36 Cr	13.2%
ICICI Prudential Balanced Advantage Fund Direct Growth High Risk	0.8%	1.0%	₹62527.91 Cr	11.7%
Baroda BNP Paribas Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹4155.29 Cr	12.5%
Baroda BNP Paribas Balanced Advantage Fund Regular Growth Very High Risk	1.9%	1.0%	₹4155.29 Cr	11.2%
NJ Balanced Advantage Fund Regular Growth Very High Risk	1.9%	1.0%	₹3747.88 Cr	3.1%
NJ Balanced Advantage Fund Direct Growth Very High Risk	0.6%	1.0%	₹3747.88 Cr	4.3%
UTI Balanced Advantage Fund Regular Growth Very High Risk	2.0%	1.0%	₹2945.08 Cr	10.6%
UTI Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹2945.08 Cr	12.1%

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 06-Jun-2025, is ₹10.40.

What is the portfolio composition of Canara Robeco Balanced Advantage Fund Direct Growth?

The fund's allocation of assets is distributed as 68.73% in equities, 25.75% in bonds, and 5.52% 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
Pranav Gokhale
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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Fund Overview

Fund Size

₹1,466 Cr

Expense Ratio

0.65%

ISIN

INF760K01LD0

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

02 Aug 2024

Risk Level

Your principal amount will be at Very High Risk