Fundalysisby DARKHORSESTOCKS

Scheme

Canara Robeco Balanced Advantage Fund

Holds 63 companies worth ₹787 Cr in Sept 2026.

  • Fund house

    Canara RobecoThe fund house that runs this scheme.

  • AUM

    ₹1,007 CrCanara Robeco Balanced Advantage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.8% on Aug 2026, ₹1,081 Cr.

  • Largest holding

    HDFC BankHDFC Bank is -1.7% of this scheme's NAV.

  • Fund manager

    Amit KadamRuns it since 12 Jul 2024, as the fund house dates it. With Ennette Fernandes (fund manager), Suman Prasad (fund manager), Pranav Gokhale (fund manager), Avnish Jain (fund manager).

Overview(9 Oct 2026)

Fund managers5

  1. Amit KadamFund manager · Jul 2024 · 14y · MMS B.E.
  2. Ennette FernandesFund manager · Jul 2024 · 15y · PGDM
  3. Suman PrasadFund manager · Jul 2024 · 29y · PGDM
  4. Pranav GokhaleFund manager · May 2025 · M.Com
  5. Avnish JainFund manager · Dec 2025 · 27y · PGDM B.Tech
  1. Shridatta BhandwaldarJul 2024 – May 2025

Key facts

Benchmark
CRISIL Hybrid 50+50 – Moderate Index
Risk
Very High
Expense
Regular 2.4% · Direct 1.05%
Exit load
12% within 365 days
Started
2 Aug 2024
Minimum
₹5,000

Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

What changed(30 changes)

Sept 2026

2 changes

Aug 2026

2 changes
  1. Expense ratio
    30 AugRegular 2.4% → 2.38%Direct 1.03% → 1%
  2. Category
    30 AugBalanced Advantage Fund → Balanced Advantage Fund/ Dynamic Asset Allocation Fund

Jul 2026

1 change
  1. Expense ratio
    13 JulRegular 2.31% → 2.4%Direct 0.96% → 1.03%

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Aug 2024 – now)

  1. Amit Kadam
  2. Ennette Fernandes
  3. Suman Prasad
  4. Pranav Gokhale
  5. Avnish Jain
  6. Shridatta Bhandwaldar
MainCoSlice20252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Sept 2024 – Oct 2026)

Every change to the expense ratio, newest first.
27 changesRegularDirectΔ pt
21 Sept 20262.39%1.04%0.03
10 Sept 20262.39%1.01%0.01
30 Aug 20262.38%1.00%0.03
13 Jul 20262.40%1.03%0.07
12 Jun 20262.31%0.96%0.48
13 May 20262.79%1.44%0.44
23 Apr 20263.23%1.88%0.76
12 Apr 20262.47%1.12%0.19
23 Mar 20262.21%0.93%0.03
11 Mar 20262.19%0.90%0.08
12 Feb 20262.15%0.82%0.02
11 Jan 20262.15%0.80%0.02
6 Jan 20262.14%0.78%0.03
11 Dec 20252.13%0.75%0.03
14 Nov 20252.12%0.72%0
14 Oct 20252.11%0.72%0.08
12 Sept 20252.09%0.64%0.01
13 Aug 20252.10%0.65%0.01
11 Jun 20252.09%0.64%0.01
13 May 20252.09%0.65%0.01
11 Apr 20252.10%0.66%0.07
11 Feb 20252.11%0.73%0.13
10 Jan 20252.08%0.60%0.05
11 Dec 20242.08%0.55%0.09
11 Nov 20242.05%0.46%0.11
10 Oct 20242.05%0.35%0.06
10 Sept 20242.06%0.41%–
Direct plan, 21 Sept 2026
1.04%
Regular plan 2.39% · Exit load 12% within 365 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(9 Oct 2026)

Objective

The fund aims to generate long-term capital appreciation with income generation by dynamically investing in equity and equity related instruments and debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended dynamic asset allocation fund investing in debt and equity instruments only.
Benchmark
CRISIL Hybrid 50+50 – Moderate Index

Asset allocation it may hold% of NAV

  1. Equity and Equity Related Instruments
    Allowed65–100%Holds-7.3%
  2. Debt and Money Market Instruments
    Allowed0–35%Holds107.3%

Holds in Sept 2026.107.3% debt and cash

How to invest(9 Oct 2026)

Buying

To start
₹5,000, then in multiple of Re.1
To add
Minimum amount of Rs. 1,000, then in multiple of Re.1
Systematic
SIP(Any Date/Monthly/Quarterly); STP(Daily/Weekly/Monthly/Quarterly); SWP(Monthly/Quarterly/Annual)
Dates
Daily (on all Business Days), Weekly (Mondays), Monthly/Quarterly/Annual (01st or 5th or 15th or 20th or 25th of every month / quarter/of a month of every year)
Minimum
Rs. 1000 (for Monthly, Daily, Weekly), Rs. 2000 (for Quarterly/Annual), then in multiple of Re.1
Instalments
25 installments (for Daily Frequency), 6 installments (for Weekly/Monthly/Quarterly Frequency), 2 installments (for Annual Frequency)

Selling and switching

To redeem
Rs 1000 and in multiples of Re 1 thereafter, or the account balance, whichever is lower
Switch minimum
₹1,000
Switch multiples
In multiple of Re.1

Scheme details(9 Oct 2026)

What it is

Category
Balanced Advantage Fund/ Dynamic Asset Allocation Fund
Offer
12 Jul 2024 to 26 Jul 2024
Started
2 Aug 2024
Reopened
9 Aug 2024
Plans
Regular Plan - Reinvestment of Income Distribution cum Capital Withdrawal Option · Regular Plan - Payout of Income Distribution cum Capital Withdrawal Option · Regular Plan - Growth Option · Direct Plan - Reinvestment of Income Distribution cum Capital Withdrawal Option · Direct Plan- Payout of Income Distribution cum Capital Withdrawal Option · Direct Plan - Growth Option
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Enabling provision is present in the SID of the Scheme. However, no segregated portfolio has been created.
Custodian
Hongkong and Shanghai Banking Corporation Ltd & Sub-custodian: HDFC Bank Ltd
Auditor
M/s. Chokshi & Chokshi LLP
Registrar
KFin Technologies Limited
SEBI code
CANA/O/H/BAF/24/04/0026