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Canara Robeco Banking and Financials Services Fund - Direct Plan - IDCW
monitor_heart Health Score: 61/100 · AverageCanara Robeco Mutual Fund · Equity · Sectoral
₹10.75
AUM: ₹615 Cr
NAV updated 14 days ago
Plan
Direct
Option
Idcw
Risk
Very High
Expense Ratio
1.07%
Exit Load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days.
Fund Manager
Shridatta Bhandwaldar
Inception
Mar 2026
Benchmark
NIFTY Financial Services Total Return Index
Sharpe Ratio
2.38
Std Dev (1Y)
16.89%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+8.02%
3m
+5.24%
6m
—
1y
—
3y
—
5y
—
10y
—
since inception
+11.73%
rate_review TopFund's Take on Canara Robeco Banking and Financials Services Fund - Direct Plan - IDCW
Canara Robeco Banking and Financials Services Fund - Direct Plan - IDCW sits in the middle of the pack for Sectoral funds. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 61/100.
Cost: At 1.07%, the expense ratio is roughly in line with the Sectoral category average of 1.05% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 2.38 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, annualised volatility of 16.89% is fairly typical for actively managed equity funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Canara Robeco Banking and Financials Services Fund - Direct Plan - IDCW
The current NAV (Net Asset Value) of Canara Robeco Banking and Financials Services Fund - Direct Plan - IDCW is ₹10.75. NAV is updated every business day after market close by AMFI.
Return data is not yet available for this fund.
The expense ratio is 1.07% per annum — the annual fee deducted from your investment to cover fund management costs.
Canara Robeco Banking and Financials Services Fund - Direct Plan - IDCW is managed by Shridatta Bhandwaldar at Canara Robeco Mutual Fund.
Canara Robeco Banking and Financials Services Fund - Direct Plan - IDCW is a Very High risk fund. Suitable for aggressive investors with a 5+ year horizon.
Canara Robeco Banking and Financials Services Fund - Direct Plan - IDCW is a Sectoral fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Canara Robeco Banking and Financials Services Fund - Direct Plan - IDCW is ₹616 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.