| Launch date | 12 Jul 2024 |
| Allotment date | 02 Aug 2024 |
| End date | 26 Jul 2024 |
| NAV | ₹10.00 |
Inclusive of GST
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days.
0.005% (from July 1st, 2020)
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%.
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
| Rank (total assets) | #18 in India |
|---|---|
| Total AUM | ₹1,22,188.40Cr |
| Date of Incorporation | 19 Dec 1987 |
|---|
Canara Robeco Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 19 Dec 1987. Suman Prasad is the Current Fund Manager of Canara Robeco Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,22,188 Cr and the Latest NAV as of 18 Dec 2025 is ₹10.59. The Canara Robeco Balanced Advantage Fund Direct 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. ;
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 benchmark | CRISIL Hybrid 50+50 Moderate Index |
|---|
| Hybrid, Dynamic Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Growth | 5 | 5.4% | 18.1% | 1,07,971.20 |
SBI Balanced Advantage Fund Direct Growth | 5 | 9.3% | 15.0% | 39,337.41 |
ICICI Prudential Balanced Advantage Direct Growth | 4 | 11.1% | 14.0% | 69,867.93 |
DSP Dynamic Asset Allocation Fund Direct Growth | 4 | 8.5% | 13.7% | 3,635.61 |
Nippon India Balanced Advantage Fund Direct Growth | 4 | 6.3% | 13.2% | 9,662.22 |