Canara Robeco Flexi Cap Fund
The fund remains defensively positioned with nearly a quarter of capital locked in banking stocks, signaling conviction in financial sector stability amid market volatility. The sharp 2.4% jump in cash equivalents (via TREPS) and trimming of IT and specialty chemical exposures suggest the manager is building dry powder while taking profits from stretched valuations. The selective pivot toward cyclical plays like Tata Steel hints at cautious optimism on economic recovery, though the 40% concentration in top ten holdings leaves limited room for stock-specific surprises.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹371.6600 | -0.80% | — | — | — |
| Regular Growth | ₹328.3400 | -0.88% | -1.22% | +12.49% | +12.22% |
| Direct IDCW | ₹87.7300 | -0.79% | — | — | — |
| Regular IDCW | ₹57.1800 | -0.88% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive 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 |
|---|---|
| Tata Steel Ltd | 0.18% |
| Margin on Derivatives | -0.00% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd INE040A01034 | 6.89% |
| 2 | ICICI Bank Ltd INE090A01021 | 6.18% |
| 3 | TREPS | 5.21% |
| 4 | Reliance Industries Ltd INE002A01018 | 4.04% |
| 5 | Bharti Airtel Ltd INE397D01024 | 3.71% |
| 6 | State Bank of India INE062A01020 | 3.49% |
| 7 | Larsen & Toubro Ltd INE018A01030 | 3.25% |
| 8 | Infosys Ltd INE009A01021 | 3.02% |
| 9 | Bajaj Finance Ltd INE296A01032 | 2.66% |
| 10 | Mahindra & Mahindra Ltd INE101A01026 | 2.44% |
| 11 | Axis Bank Ltd INE238A01034 | 2.41% |
| 12 | Eternal Ltd INE758T01015 | 2.07% |
| 13 | TVS Motor Co Ltd INE494B01023 | 1.77% |
| 14 | Sun Pharmaceutical Industries Ltd INE044A01036 | 1.70% |
| 15 | Varun Beverages Ltd INE200M01039 | 1.69% |
| 16 | Divi's Laboratories Ltd INE361B01024 | 1.54% |
| 17 | Ge Vernova T&D India Ltd INE200A01026 | 1.52% |
| 18 | Tata Consumer Products Ltd INE192A01025 | 1.48% |
| 19 | KEI Industries Ltd INE878B01027 | 1.40% |
| 20 | Tech Mahindra Ltd INE669C01036 | 1.40% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Canara Robeco Flexi Cap Fund hold?
Canara Robeco Flexi Cap Fund holds 70 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.31% of NAV.
What is the largest holding in Canara Robeco Flexi Cap Fund?
The largest position in Canara Robeco Flexi Cap Fund is HDFC Bank Ltd, accounting for 6.89% of NAV in the Banks sector.
Is Canara Robeco Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.407, Canara Robeco Flexi Cap Fund is well-diversified. The HHI concentration index is 23,091 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.31% of the portfolio.
What is the market cap allocation of Canara Robeco Flexi Cap Fund?
Based on SEBI's AMFI classification, Canara Robeco Flexi Cap Fund's equity portfolio is split as: Large Cap: 72.22%, Mid Cap: 16.45%, Small Cap: 3.66%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Canara Robeco Flexi Cap Fund invest in most?
Canara Robeco Flexi Cap Fund has the highest allocation to Banks (19.66%), IT - Software (5.90%), Retailing (5.87%). The fund is invested across 35 sectors in total.
How actively managed is Canara Robeco Flexi Cap Fund compared to other Flexi Cap Fund funds?
Canara Robeco Flexi Cap Fund has an Active Share of 48.56%, classifying it as "Balanced Approach" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Canara Robeco Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Canara Robeco Flexi Cap Fund added 2 new stocks (including Tata Steel Ltd) and exited 4 stocks (including HCL Technologies Ltd). Total holding count decreased from 75 to 73 stocks.