EquityFlexi Cap FundDirectGrowthVery High

Canara Robeco Flexi Cap Fund

Q: What is the NAV of Canara Robeco Flexi Cap Fund?

As of 01 Oct 2026, the NAV of Canara Robeco Flexi Cap Fund is ₹367.78 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Canara Robeco Flexi Cap Fund delivered?

Canara Robeco Flexi Cap Fund has returned -4.07% over 1 year, +10.26% per year over 3 years, +8.77% per year over 5 years and +13.52% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Canara Robeco Flexi Cap Fund?

Canara Robeco Flexi Cap Fund charges an expense ratio of 0.69% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Canara Robeco Flexi Cap Fund?

Canara Robeco Flexi Cap Fund's largest holdings are ICICI Bank Ltd (6.8%), HDFC Bank Ltd (6.1%), Bharti Airtel Ltd (3.5%), Reliance Industries Ltd (3.5%) and State Bank of India (3.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Canara Robeco Flexi Cap Fund?

Canara Robeco Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.6% and its worst peak-to-trough fall in our sample was -33.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.28 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Canara Robeco Flexi Cap Fund's 0.28 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Canara Robeco Flexi Cap Fund?

Canara Robeco Flexi Cap Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Canara Robeco Flexi Cap Fund?

Canara Robeco Flexi Cap Fund is managed by Shridatta Bhandwaldar and Pranav Gokhale at Canara Robeco.

Q: How is Canara Robeco Flexi Cap Fund taxed?

Canara Robeco Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Canara Robeco Mutual Fund · Best Flexi Cap Mutual Funds

NAV

₹367.78

-0.85% 1D

as of 01 Oct 2026

This is the Direct plan of Canara Robeco Flexi Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-3.35%CAGR

52-week rangePrev NAV ₹370.94

Latest ₹367.78

Low ₹340.5748th percentile of its 52-week rangeHigh ₹397.81

Scorecard

★★★☆☆3/5 vs 36 of 45 Flexi Cap Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Flexi Cap Fund (same plan and option). 36 of the 45 Flexi Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +10.26% · ranks 21 of 36 Flexi Cap Funds

RiskModerate

Volatility 13.6% vs 14.2% category avg

CostLow

0.7% expense vs 1.1% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Low expense ratio (0.69%) vs the Flexi Cap Fund average of 1.13%
Consistent — positive in 100% of rolling 3-year windows

Concerns

Trails the Flexi Cap Fund average on 1M/3M/6M/1Y — 1Y by 4.39pp
3-year return (+10.26%) trails the Flexi Cap Fund average (+11.73%)
5-year return (+8.77%) trails the Flexi Cap Fund average (+10.49%)
Weaker risk-adjusted returns — Sharpe 0.28 below the Flexi Cap Fund average of 0.36

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.69%

Category 1.13%▼0.44%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

25.76

Category 25.21▲0.55

Excess return per unit of total volatility (rf = 6.5%)

0.28

Category 0.36▼0.08

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

1% - if redeemed/switched out within 1 year from the date of allotment. Nil – if redeemed / switched out after 1 year from the date of allotment.

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

BSE 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

02 Jan 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-6.18%

Absolute return over the last 3 months (not annualized)

-4.27%

Absolute return over the last 6 months (not annualized)

+5.96%

Absolute return since 1 Jan of this year (not annualized)

-6.63%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-4.07%

3-year annualized return (CAGR)

+10.26%

5-year annualized return (CAGR)

+8.77%

10-year annualized return (CAGR)

+13.83%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+13.52%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.56%

Excess return per unit of total volatility (rf = 6.5%)

0.28

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.38

Largest peak-to-trough decline over full history

-33.24%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

0.95%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.94

How much of the fund's movement Nifty 500 TRI explains

97.3%

Excess return per unit of beta (market risk)

4.36

Active return over the benchmark per unit of tracking error

0.33

Annualized std dev of fund-minus-benchmark returns

2.65%

Fund's share of benchmark gains in up months (100 = matches index)

99.7%

Fund's share of benchmark losses in down months (lower is better)

94.6%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Flexi Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-6.18%	-5.06%	-1.12%
3M abs	-4.27%	-2.22%	-2.05%
6M abs	+5.96%	+10.08%	-4.12%
1Y CAGR	-4.07%	+0.32%	-4.39%
3Y CAGR	+10.26%	+11.73%	-1.47%
5Y CAGR	+8.77%	+10.49%	-1.72%

Category average across peers in Flexi Cap Fund (up to 45 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 45 peers in Flexi Cap Fund

1Y return

-4.07%

Beats 22% · rank #33

3Y return

+10.26%

Beats 42.9% · rank #21

5Y return

+8.77%

Beats 23.1% · rank #21

Sharpe

0.28

Beats 42.9% · rank #21

Sortino

0.38

Beats 42.9% · rank #21

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.33L

Absolute

+22.15%

XIRR

+8.19%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Canara Robeco Flexi Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-6.63%	-7.18%	+0.55%
2025	+8.27%	+7.94%	+0.33%
2024	+19.24%	+16.43%	+2.81%
2023	+24.31%	+27.43%	-3.12%
2022	-0.33%	+4.34%	-4.67%
2021	+34.40%	+31.59%	+2.81%
2020	+23.86%	+18.33%	+5.53%
2019	+13.40%	+8.95%	+4.45%
2018	+1.55%	-2.33%	+3.88%
2017	+38.70%	+37.35%	+1.35%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

3,383

Expense ratio

0.69%

AUM

₹13,043Cr

Portfolio turnover

24%

Exit load

1% - if redeemed/switched out within 1 year from the date of allotment. Nil – if redeemed / switched out after 1 year from the date of allotment.

P/E ratio

25.8

P/B ratio

5.3

Avg market cap

₹4,35,510Cr

P/E & P/B are portfolio-weighted harmonic means across 71 of 80 equity holdings (92% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Flexi Cap Fund

Compare all


Canara Robeco Flexi Cap FundThis fund Canara Robeco · Direct · Growth	★★★☆☆	-4.07%	+10.26%	+8.77%	25.76	0.69%	—
Bank of India Flexi Cap Fund Bank of India · Direct · Growth	★★★★☆	+9.27%	+18.04%	+16.23%	24.33	0.88%	₹2,414Cr
ITI Flexi Cap Fund ITI · Direct · Growth	★★★★☆	+11.16%	+17.65%	—	25.39	0.88%	₹1,304Cr
Motilal Oswal Flexi Cap Fund Motilal Oswal · Direct · Growth	★★☆☆☆	+1.86%	+17.21%	+12.29%	40.45	1.18%	₹12,836Cr
360 ONE Flexicap Fund 360 One · Direct · Growth	★★★★☆	+8.03%	+16.22%	—	25.30	0.92%	₹2,018Cr
Invesco India Flexi Cap Fund Invesco · Direct · Growth	★★★★☆	-1.05%	+16.11%	—	35.69	0.88%	₹4,904Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap74.1%
Mid cap21.8%
Small cap4.1%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity96.66%
Cash & Equivalents3.32%
Debt0.02%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Canara Robeco Large Cap Fund Canara Robeco · Large Cap Fund	77.7%!	★★★★☆	0.63%	+8.81%
Canara Robeco ELSS - Tax Saver Fund Canara Robeco · ELSS	74.5%!	★★★☆☆	0.70%	+10.17%
Canara Robeco Aggressive Hybrid Fund Canara Robeco · Aggressive Hybrid Fund	70.7% of 79% equity	★★★★☆	0.69%	+9.75%
PGIM India Large Cap Fund PGIM India · Large Cap Fund	64.9%!	★☆☆☆☆	1.09%	+6.54%
Axis Large Cap Fund Axis · Large Cap Fund	64.3%!	★★★☆☆	0.92%	+7.70%
Union Largecap Fund Union · Large Cap Fund	63.7%!	★☆☆☆☆	1.68%	+6.29%
Canara Robeco Balanced Advantage Fund Canara Robeco · Dynamic Asset Allocation or Balanced Advantage	63.6% of 78% equity	★★☆☆☆	1.03%	—
PGIM India Balanced Advantage Fund PGIM India · Dynamic Asset Allocation or Balanced Advantage	63.3% of 75% equity	★★☆☆☆	0.91%	+6.33%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 0.99% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I0.99%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-33.2%19 Feb 2020 → 23 Mar 2020
Fell over 33 days, back to the old high on 09 Oct 2020 — 7 months under water after the low.
-24.8%03 Mar 2015 → 25 Feb 2016
Fell over 12 months, back to the old high on 14 Mar 2017 — 13 months under water after the low.
-18.9%17 Jan 2022 → 17 Jun 2022
Fell over 5 months, back to the old high on 06 Jun 2023 — 12 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

Canara Robeco Mutual Fund is a joint venture between Canara Bank and Robeco, the Dutch asset manager. It traces back to Canbank Mutual Fund, set up in 1987 as one of India's first fund houses, and is known for a conservative, quality-biased equity approach.

Launched

18 Dec 1987

Total AUM

₹1,24,404Cr+4.8% QoQ

Avg AUM · July - September 2026

Website

canararobeco.com

Fund Managers

SBShridatta BhandwaldarStart date not disclosed

Role

Head – Equities

Education

B.E M.M.S (Finance)

Experience

Over 18 years of experience Details: November 01, 2025 to till date Canara Robeco Asset Management Company Limited: Chief Investment Officer – Equities October 2019 to October 2025 Canara Robeco Asset Management Company Limited: Head – Equities July 2016 to September 2019 Canara Robeco Asset Management Company Limited: Fund Manager July 2012 to June 2016 SBI Pension Funds Pvt Ltd.: Head – Research/Portfolio Manager October 2009 to June 2012 Heritage India Advisory Pvt Ltd.: Senior Equity Analyst January 2008 to September 2009 Motilal Oswal Securities: Research Analyst April 2006 to December 2008 MF Global Securities: Research Associate

Funds managed (13)

All schemes Shridatta Bhandwaldar runs →

PGPranav GokhaleStart date not disclosed

Role

Senior Fund Manager Equities

Education

Masters in Commerce (Mumbai University) Chartered Accountant (ICAI)

Experience

Over 21 years of experience Details: November 01, 2023 onwards Canara Robeco Asset Management Company Limited: Senior Fund Manager – Equities October 2008 to October 2023 Invesco Asset Management (India) Pvt. Ltd.: Fund Manager – Equities May 2006 to October 2008 Infrastructure Leasing & Financial Services (IL& FS): Equity Research Analyst July 2005 to May 2006 ICICI Web Trade Limited: Equity Research Analyst October 2004 to June 2005 Rosy Blue Securities Private Limited: Research Analyst February 2004 to September 2004 Rosy Blue Securities Private Limited: Manager Finance & Accounts July 2001 to January 2004 Kirtane & Pandit Chartered Accountant: Assistant Audit Manager.

Funds managed (5)

All schemes Pranav Gokhale runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Shridatta Bhandwaldar Pranav Gokhale

Top holdings

ICICI Bank Ltd HDFC Bank Ltd Bharti Airtel Ltd Reliance Industries Ltd State Bank of India Larsen & Toubro Ltd Bajaj Finance Ltd Eternal Ltd Infosys Ltd Axis Bank Ltd Mahindra & Mahindra Ltd Divi's Laboratories Ltd

Canara Robeco in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Flexi Cap funds

Flexi cap funds invest across large, mid and small-cap stocks with no fixed allocation, letting the manager shift with the market cycle. That flexibility can help manage risk and chase growth wherever it is.

Frequently asked questions

What is the NAV of Canara Robeco Flexi Cap Fund?

As of 01 Oct 2026, the NAV of Canara Robeco Flexi Cap Fund is ₹367.78 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Canara Robeco Flexi Cap Fund delivered?

Canara Robeco Flexi Cap Fund has returned -4.07% over 1 year, +10.26% per year over 3 years, +8.77% per year over 5 years and +13.52% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Canara Robeco Flexi Cap Fund?

Canara Robeco Flexi Cap Fund charges an expense ratio of 0.69% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Canara Robeco Flexi Cap Fund?

Canara Robeco Flexi Cap Fund's largest holdings are ICICI Bank Ltd (6.8%), HDFC Bank Ltd (6.1%), Bharti Airtel Ltd (3.5%), Reliance Industries Ltd (3.5%) and State Bank of India (3.3%). Holdings are disclosed monthly and change over time.

How risky is Canara Robeco Flexi Cap Fund?

Canara Robeco Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.6% and its worst peak-to-trough fall in our sample was -33.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.28 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Canara Robeco Flexi Cap Fund's 0.28 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Canara Robeco Flexi Cap Fund?

Canara Robeco Flexi Cap Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages Canara Robeco Flexi Cap Fund?

Canara Robeco Flexi Cap Fund is managed by Shridatta Bhandwaldar and Pranav Gokhale at Canara Robeco.

How is Canara Robeco Flexi Cap Fund taxed?

Canara Robeco Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.