Canara Robeco Balanced Advantage Fund
The fund remains heavily tilted toward large-cap financials and defensives, betting on sustained banking sector strength while maintaining a substantial debt cushion that softens equity volatility. The 73.5% equity allocation reflects confidence in the current market environment, though the manager trimmed a bond position and added a discretionary hospitality play, suggesting selective conviction in specific pockets rather than broad-based optimism. With top-10 holdings dominating nearly 40% of the portfolio, this is a concentrated, blue-chip focused strategy suitable for investors seeking stability with moderate growth potential.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹10.1800 | — | — | — | — |
| Regular Growth | ₹9.9200 | -1.59% | -2.55% | — | — |
| Direct IDCW | ₹10.0800 | — | — | — | — |
| Regular IDCW | ₹9.8200 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Indian Hotels Co Ltd | 0.44% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd INE040A01034 | 6.86% |
| 2 | Reliance Industries Ltd INE002A01018 | 5.51% |
| 3 | ICICI Bank Ltd INE090A01021 | 4.23% |
| 4 | Larsen & Toubro Ltd INE018A01030 | 3.57% |
| 5 | TREPS | 3.30% |
| 6 | State Bank of India INE062A01020 | 3.25% |
| 7 | Bharti Airtel Ltd INE397D01024 | 3.18% |
| 8 | Power Finance Corporation Ltd INE134E01011 | 2.68% |
| 9 | Axis Bank Ltd INE238A01034 | 2.52% |
| 10 | Infosys Ltd INE009A01021 | 2.26% |
| 11 | 8.10% Bajaj Finance Ltd (08/01/2027) ** INE296A07SR9 | 2.15% |
| 12 | 7.745% KOTAK MAHINDRA PRIME LTD 19-NOV-27 ** INE916DA7SX8 | 2.15% |
| 13 | 7.74% LIC Housing Finance Ltd (22/10/2027) INE115A07QZ8 | 2.15% |
| 14 | 7.70% REC Ltd (31/08/2026) INE020B08FC8 | 2.15% |
| 15 | 7.61% LIC Housing Finance Ltd (29/08/2034) ** INE115A07QV7 | 2.12% |
| 16 | 6.97% Bajaj Housing Finance Ltd (17/07/2028) ** INE377Y07599 | 2.11% |
| 17 | 6.48% GOI 2035 (06-OCT-2035) IN0020250091 | 2.07% |
| 18 | Mahindra & Mahindra Ltd INE101A01026 | 1.82% |
| 19 | 7.10% GOI 2034 (08-APR-2034) IN0020240019 | 1.72% |
| 20 | Coal India Ltd INE522F01014 | 1.72% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Canara Robeco Balanced Advantage Fund hold?
Canara Robeco Balanced Advantage Fund holds 72 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 23.42% of NAV.
What is the largest holding in Canara Robeco Balanced Advantage Fund?
The largest position in Canara Robeco Balanced Advantage Fund is HDFC Bank Ltd, accounting for 6.86% of NAV in the Banks sector.
Is Canara Robeco Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.428, Canara Robeco Balanced Advantage Fund is well-diversified. The HHI concentration index is 22,923 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 23.42% of the portfolio.
What is the market cap allocation of Canara Robeco Balanced Advantage Fund?
Based on SEBI's AMFI classification, Canara Robeco Balanced Advantage Fund's equity portfolio is split as: Large Cap: 59.43%, Mid Cap: 4.91%, Small Cap: 7.92%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Canara Robeco Balanced Advantage Fund invest in most?
Canara Robeco Balanced Advantage Fund has the highest allocation to Banks (17.55%), CRISIL AAA (10.68%), Sovereign (9.24%). The fund is invested across 35 sectors in total.
How actively managed is Canara Robeco Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
Canara Robeco Balanced Advantage Fund has an Active Share of 58.48%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Canara Robeco Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Canara Robeco Balanced Advantage Fund added 1 new stock (including Indian Hotels Co Ltd) and exited 1 stock (including Sun Pharmaceutical Industries Ltd). Total holding count remained at 74 stocks.