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Canara Robeco Banking And Financial Services Fund Growth
NAV: 15 May '26
₹10.35
Min. for SIP
₹1,000
Fund size (AUM)
₹569.08 Cr
Expense ratio
2.42%
Rating
--
Holdings (25)
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹1,000
Returns and rankings
Annualised returns
Absolute returns
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | +2.0% | -- | -- | +5.9% |
| Category average (Equity Sectoral) | -- | -- | -- | -- |
| Rank (Equity Sectoral) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Fund management
AKAmit KadamFeb 2026 - PresentView details
AK
Amit Kadam
Feb 2026 - Present
View details
SBShridatta BhandwaldarFeb 2026 - PresentView details
SB
Shridatta Bhandwaldar
Feb 2026 - Present
View details
About Canara Robeco Banking And Financial Services Fund Growth
Canara Robeco Banking And Financial Services Fund Growth is a Equity Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 19 Dec 1987. Amit Kadam is the Current Fund Manager of Canara Robeco Banking And Financial Services Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,18,416 Cr and the Latest NAV as of 15 May 2026 is ₹10.35.
The Canara Robeco Banking And Financial Services Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days.
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Investment Objective
The scheme seeks 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.
Fund benchmarkNIFTY Financial Services Total Return Index
Fund house
Rank (total assets)#18 in India
Total AUM₹1,18,416.26 Cr
Date of Incorporation19 Dec 1987
Launch Date19 Dec 1987
Address4th Floor - Construction House,5 - Walchand Hirachand Marg, Mumbai 400001
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,