Fundalysisby DARKHORSESTOCKS

Scheme

Canara Robeco Banking and Financial Services Fund

Holds 30 companies worth ₹600 Cr in Sept 2026.

  • Fund house

    Canara RobecoThe fund house that runs this scheme.

  • AUM

    ₹624 CrCanara Robeco Banking and Financial Services Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.3% on Aug 2026, ₹652 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 10.8% of this scheme's NAV.

  • Fund manager

    Amit KadamRuns it since 20 Mar 2026, as the fund house dates it. With Shridatta Bhandwaldar (fund manager).

Overview(9 Oct 2026)

Fund managers2

  1. Amit KadamFund manager · Mar 2026 · 14y · MMS B.E.
  2. Shridatta BhandwaldarFund manager · Mar 2026 · 20y · MMS B.E.

    Key facts

    Benchmark
    Nifty Financial Services Index TRI
    Risk
    Very High
    Expense
    Regular 2.68% · Direct 1.08%
    Exit load
    12% within 365 days
    Started
    20 Mar 2026
    Minimum
    ₹5,000

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

    What changed(9 changes)

    Sept 2026

    1 change
    1. Expense ratio
      10 SeptRegular 2.7% → 2.67%Direct 1.12% → 1.08%

    Aug 2026

    1 change
    1. Expense ratio
      30 AugRegular 2.76% → 2.7%Direct 1.07% → 1.12%

    Jul 2026

    1 change
    1. Expense ratio
      13 JulRegular 2.9% → 2.76%Direct 1.2% → 1.07%

    Source.Its filings at NSE, since Mar 2026.

    Fund managers over time(Mar 2026 – now)

    1. Amit Kadam
    2. Shridatta Bhandwaldar
    MainCoSlice
    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(Mar 2026 – Oct 2026)

    Every change to the expense ratio, newest first.
    8 changesRegularDirectΔ pt
    10 Sept 20262.67%1.08%0.04
    30 Aug 20262.70%1.12%0.05
    13 Jul 20262.76%1.07%0.13
    12 Jun 20262.90%1.20%0.43
    13 May 20262.43%0.77%0.01
    23 Apr 20262.42%0.76%1.56
    12 Apr 20263.98%2.32%1.65
    23 Mar 20262.36%0.67%–
    Direct plan, 10 Sept 2026
    1.08%
    Regular plan 2.67% · 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 objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in the banking and financial services sector. There is no assurance that the investment objective of the Scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open-ended equity scheme investing in Banking and Financial Services Sector
    Benchmark
    Nifty Financial Services Index TRI

    Asset allocation it may hold% of NAV

    1. Equity and Equity-related Instruments of entities engaged in banking and financial services sector
      Allowed80–100%
    2. Equity and Equity-related Instruments of entities other than above
      Allowed0–20%
    3. Money Market Instruments, other liquid instruments, Gold ETFs, Silver ETFs and other permissible securities/instruments as may be approved by SEBI from time to time
      Allowed0–20%
    4. Units issued by InvITs
      Allowed0–10%Holds0.0%

    Holds in Sept 2026.96.1% equity · 3.9% 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(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)
    Most
    No Limit

    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
    Sectoral Fund
    Offer
    27 Feb 2026 to 13 Mar 2026
    Started
    20 Mar 2026
    Reopened
    24 Mar 2026
    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/E/SEC/26/01/0028