Canara Robeco Multi Asset Allocation Fund
Canara Robeco Mutual Fund · Best Multi Asset Allocation Mutual Funds
This is the Regular plan of Canara Robeco Multi Asset Allocation Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★☆☆3/5 vs 31 of 36 Multi Asset Allocation peers1Y- 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 Multi Asset Allocation (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 31 of the 36 Multi Asset Allocation funds in this cohort carry the full record the stars need, so they are the ones ranked against.
Not enough Multi Asset Allocation peers to rank yet
Volatility 10.2% vs 9.9% category avg
2.4% expense vs 2.2% category avg
Not enough history for a rolling 3Y view
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Multi Asset Allocation)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.58% | -3.69% | -0.89% |
| 3M abs | -1.09% | -1.83% | +0.74% |
| 6M abs | +5.04% | +3.25% | +1.79% |
| 1Y CAGR | +4.53% | +4.46% | +0.07% |
| 3Y CAGR | — | +12.97% | — |
| 5Y CAGR | — | +11.80% | — |
Category average across peers in Multi Asset Allocation (up to 36 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 36 peers in Multi Asset Allocation
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into Canara Robeco Multi Asset Allocation 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 50 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -0.73% | -12.85% | +12.12% | |
| 2025part | +9.09% | — | — |
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.
Taxation
Taxed as equityThis 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.
Flat, on the whole gain
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity67.84%
- Debt27.76%
- Cash & Equivalents4.40%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹1,280Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
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.
Fund Managers
AKAmit KadamManaging since 30 May 2025
Fund Manager – Equities
BE (Electronics), MMS (Finance)
Over 15 years of experience Details: April 2024 to Till Date Canara Robeco Asset Management Company Ltd.: Fund Manager – Equities October 2021 to April 2024 Canara Robeco Asset Management Company Ltd.: Assistant Fund Manager – Equities September 2018 to September 2021 Canara Robeco Asset Management Company Ltd. - Research Analyst June 2013 to September 2018 LIC Mutual Fund Asset Management Ltd. - Research Analyst June 2010 to June 2013 Sykes and Ray Equities (I) Ltd. - Research Analyst
EFEnnette FernandesManaging since 30 May 2025
Fund Manager – Equities
PGDBM
Over 16 years of experience Details: September 2021 onwards Canara Robeco Asset Management Company Limited: Fund Manager – Equities January 2014 to September 2021 Tata Asset Management Ltd. Assistant Fund Manager (April 2018 to September 2021) Research Analyst (January 2014 to March 2018) April 2009 to December 2013 Phillip Capital (India) Pvt Ltd. Research Analyst (April 2011 to December 2013) Research Associate (April 2009 to March 2011)
BKBhupesh KalyaniManaging since 02 Apr 2026
Fund Manager – Fixed Income
Over 20 years
ACA, Grad CWA, B.Com
Details: Since March 24, 2026: Canara Robeco Asset Management Company Limited: Fund Manager – Fixed Income September 8, 2022 – February 24, 2026: PGIM India Asset Management Private Limited: Fund Manager - Fixed Income January 25, 2017 – September 6, 2022 Page | 34 IDBI Asset Management Limited: Fund Manager – Fixed Income August 2012 - August 2016 - Star Union Daiichi Life Insurance: Debt - Fund Manager
AJAvnish JainManaging since 01 Dec 2025
Head – Fixed Income
PGDM – IIM, Kolkata B.Tech (Hons) – IIT Kharagpur
Over 31 years of experience Details: November 2025 to till date Canara Robeco Asset Management Company Limited : Chief Investment Officer – Fixed Income September 2013 to October 2025 Canara Robeco Asset Management Company Limited : Head – Fixed Income December 2010 to September 2013 ICICI Prudential Asset Management Company Ltd: Senior Fund Manager October 2008 to December 2010 Deutsche Asset Management (India) Private Limited: Head of Fixed Income January 2007 to October 2008 Professional Services with Misys Software Solutions (I)Ltd: Senior Consultant August 2005 to January 2007 Yes Bank Ltd: Head of Trading November 1998 to August 2005 ICICI Bank Ltd.: Senior Trader Proprietary Trading July 1994 to November 1998 UTI Securities Ltd : Research Analyst
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and 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
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.
Canara Robeco Innovation Fund: 7 things to know about the new fund filed with SEBI
Upstox · 2d ago
Canara Robeco Ultra Short to Short Term Fund Regular-IDCW Monthly
The Economic Times · 4d ago
Canara Robeco AMC enters Asia and India Book of Records for largest mutual fund investor awareness campaig
The Economic Times · 7d ago
Canara Robeco AMC enter Asia and India Book of Records for the largest Mutual Fund Investor Awareness Campaign
Passionate In Marketing · 10d ago
Orient Electric schedules analyst meet with Canara Robeco for August 12
scanx.trade · 10d ago
Canara Robeco Asset Management Company Limited ("Canara Robeco AMC") launches 'Yuva Shakti Samriddhi', an investor education initiative to empower students to become investment-ready
Investment Guru India · 11d ago
This consumption mutual fund has turned a ₹10,000 monthly SIP into ₹83 lakh in 17 years
CNBC TV18 · 19d ago
Jyothy Labs schedules investor meet with Canara Robeco on Sep 17
scanx.trade · 24d ago
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 Multi Asset Allocation funds
Multi asset funds spread money across at least three asset classes — typically equity, debt and gold — each at 10% or more. The mix aims to reduce the impact of any one asset having a bad year.
Frequently asked questions
What is the NAV of Canara Robeco Multi Asset Allocation Fund?
As of 01 Oct 2026, the NAV of Canara Robeco Multi Asset Allocation Fund is ₹10.84 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Canara Robeco Multi Asset Allocation Fund delivered?
Canara Robeco Multi Asset Allocation Fund has returned +4.53% over 1 year and +6.18% 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 Multi Asset Allocation Fund?
Canara Robeco Multi Asset Allocation Fund charges an expense ratio of 2.35% 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 Multi Asset Allocation Fund?
Canara Robeco Multi Asset Allocation Fund's largest holdings are Nippon India ETF Gold Bees (14.9%), ICICI Bank Ltd (6.3%), HDFC Bank Ltd (4.2%), Bharti Airtel Ltd (3.7%) and Eternal Ltd (2.7%). Holdings are disclosed monthly and change over time.
How risky is Canara Robeco Multi Asset Allocation Fund?
Canara Robeco Multi Asset Allocation Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 10.2% and its worst peak-to-trough fall in our sample was -10.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Canara Robeco Multi Asset Allocation Fund?
Canara Robeco Multi Asset Allocation Fund is benchmarked against the 65% BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver. Its alpha and beta on this page are measured against that index.
Who manages Canara Robeco Multi Asset Allocation Fund?
Canara Robeco Multi Asset Allocation Fund is managed by Amit Kadam, Ennette Fernandes, Bhupesh Kalyani and Avnish Jain at Canara Robeco.
How is Canara Robeco Multi Asset Allocation Fund taxed?
Canara Robeco Multi Asset Allocation 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.