Canara Robeco Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
Launch date12 Jul 2024
Allotment date02 Aug 2024
End date26 Jul 2024
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.78%

Inclusive of GST

Exit load

Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days.

Stamp duty

0.005% (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%.

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Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund house & investment objective

Rank (total assets)#18 in India
Total AUM₹1,22,188.40Cr
Date of Incorporation19 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. ;

Investment Objective

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 benchmarkCRISIL Hybrid 50+50 Moderate Index

Fund house contact details

Address
4th Floor - Construction House,5 - Walchand Hirachand Marg, Mumbai 400001
Phone
022-22621371/ 66585000 / 665850010
Launch Date
19 Dec 1987
E-mail
NA

Peer Comparison

Hybrid, Dynamic Asset Allocation fundsRating1Y3YFund Size(Cr)
5
5.4%18.1%1,07,971.20
5
9.3%15.0%39,337.41
4
11.1%14.0%69,867.93
4
8.5%13.7%3,635.61
4
6.3%13.2%9,662.22