| Launch date | 27 Feb 2026 |
| Allotment date | 20 Mar 2026 |
| End date | 13 Mar 2026 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: --
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%.
Minimum investment amounts
| Min. for 1st investment | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
Fund management
Shridatta BhandwaldarFeb 2026 - PresentView details
Amit KadamFeb 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | #18 in India |
|---|---|
| Total AUM | ₹1,20,121.04Cr |
| Date of Incorporation | 19 Dec 1987 |
|---|
Canara Robeco Banking And Financial Services Fund Direct Growth is a -- Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was made available to investors on 19 Dec 1987. Shridatta Bhandwaldar is the Current Fund Manager of Canara Robeco Banking And Financial Services Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,20,121 Cr and the Latest NAV as of 27 Feb 2026 is ₹10.00. The Canara Robeco Banking And Financial Services Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. 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 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 benchmark | NIFTY Financial Services Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Fund name | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Franklin India Mid Cap Fund Direct Growth | 3 | 6.9% | 20.3% | 12,327.87 |
Nippon India Small Cap Fund Direct Growth | 4 | 7.8% | 19.6% | 67,641.50 |
Franklin India Small Cap Fund Direct Growth | 3 | 5.3% | 17.3% | 12,934.43 |
HDFC Small Cap Fund Direct Growth | 4 | 10.3% | 17.0% | 37,423.94 |
Franklin India Technology Fund Direct Growth | -- | -5.8% | 15.5% | 1,670.19 |