May 1, 2025
mayank
Canara Robeco Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.0400
NAV IDCW: Rs 10.0400
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
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 Manager:
1) Ennette Fernandes
Education: Ms. Fernandes is B.com & PGDBM
Experience: Prior to joining Canara Robeco Mutual Fund she has worked with Tata Asset Management Limited and Philip Capital (India) Pvt. Ltd.
2) Shridatta Bhandwaldar
Education: Mr. Bhandwaldar is a BE (Mechanical) and MMS (Finance).
Experience: 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).
3) Suman Prasad
Education: Ms. Prasad is B.Sc and PGDMS.
Experience: She has been associated with Canara Robeco since 1996.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 12% of the investment, 1% will be charged for redemption within 365 days |
Basic Details of Canara Robeco Balanced Advantage Fund
| Fund House | Canara Robeco Mutual Fund |
| Launch Date | 02-Aug-24 |
| Return Since Launch | 0.40% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,436 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.77% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Canara Robeco Balanced Advantage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Canara Robeco Balanced Advantage Dir | -0.40 | -0.30 | 2.34 | 2.34 | -1.08 | — | — | — | — | — |
| VR Dynamic Asset TRI | -0.02 | -0.29 | 2.64 | 2.32 | -0.79 | — | — | — | — | — |
| Hybrid: Dynamic Asset Allocation | 0.04 | -0.15 | 2.14 | 2.31 | 0.30 | — | — | — | — | — |
| Rank within category | 25 | 30 | 18 | 26 | 30 | — | — | — | — | — |
| Number of funds in category | 37 | 38 | 38 | 37 | 37 | 36 | 27 | 22 | 15 | 10 |
Peer Comparison of Canara Robeco Balanced Advantage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Canara Robeco Balanced Advantage Dir | Unrated | — | — | — | 0.77 | 1,436 | 0.40 | 1.00 (365) | 8M | — |
| HDFC Balanced Advantage Dir | 5 star | 7.92 | 20.76 | 25.71 | 0.88 | 94,824 | 15.76 | 1.00 (365) | 12Y 4M | 28.88 |
| ICICI Pru Balanced Advantage Dir | 4 star | 10.59 | 13.66 | 17.09 | 0.92 | 60,591 | 13.13 | 1.00 (365) | 12Y 4M | 34.00 |
| SBI Balanced Advantage Dir | 5 star | 8.79 | 14.65 | — | 0.71 | 34,015 | 12.89 | 1.00 (365) | 3Y 8M | 17.00 |
| Tata Balanced Advantage Dir | 4 star | 6.48 | 12.41 | 15.77 | 0.36 | 10,075 | 13.40 | 1.00 (90) | 6Y 3M | 24.35 |
Portfolio Analysis of Canara Robeco Balanced Advantage Fund
| No. of Stocks | 68 |
| Top 10 Holdings | 33.98% |
| Top 5 Stocks | 20.72% |
| Top 3 Sectors | 30.34% |
| Portfolio P/B Ratio | 3.36 |
| Portfolio P/E Ratio | 21.38 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,98,092 | 2,48,824 |
| Giant (%) | 62.00 | 62.23 |
| Large (%) | 16.38 | 20.80 |
| Mid (%) | 14.81 | 12.57 |
| Small (%) | 6.81 | 4.97 |
| Tiny (%) | — | 0.08 |
| Fund | Category | |
| Number of Securities | 94 | 120 |
| Macaulay Duration (yrs) | 3.05 | 3.19 |
| Average Maturity (yrs) | 4.63 | 4.78 |
| Yield to Maturity (%) | 7.10 | 7.00 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Canara Robeco Balanced Advantage Fund
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