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Canara Robeco Multi Asset Allocation Fund

Multi Asset Allocation · Canara Robeco Asset Management Company Limited

In plain words

Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹91,080. Its ride has historically been comparatively steady.

New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.
Canara Robeco Multi Asset Allocation Fund is RS 96/99 in its category right now. See the RS line plotted against its benchmark, live, and the day it crossed.
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Canara Robeco Multi Asset Allocation Fund is a Multi Asset Allocation fund from Canara Robeco Asset Management Company Limited. It has a track record of about 1.3 years. As of the latest data it carries an RS rating of 96/99 (its recent momentum versus category peers). The current NAV is ₹11.36 (as of 2026-09-16).

At a glance. Current momentum (RS): 96/99 · Worst-ever fall: -8.92%
96RS rating
n/aKing Score
n/a3Y CAGR
n/a5Y CAGR
-8.92%Max drawdown
0.38Sharpe 3Y
0.55%Expense
1290AUM ₹Cr

Growth of ₹100 - last 1 years

2025-062026-09
What ₹100 invested 1 years ago would be worth today, from actual NAV history.

Canara Robeco Multi Asset Allocation Fund returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-1.9%-2.41%
3 months2.99%0.27%
6 months6.07%3.31%
1 year9.23%9.14%

Its trailing one-year return is 9.23%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearCanara Robeco Multi AsBenchmark
2026+3.1%n/a

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-8.92%-13.03%
Worst drawdown (3Y)-8.92%-9.53%
Volatility (1Y)11.69%12.1%
Sharpe (3Y)0.380.74
Bull-market return29.7%28.84%

The worst peak-to-bottom fall Canara Robeco Multi Asset Allocation Fund has ever put investors through is -8.92% - the real test of whether you'd have stayed invested.

How Canara Robeco Multi Asset Allocation Fund behaves when markets fall

Its deepest fall on record is -8.92%. Right now it sits about 1.98% below its all-time high (last hit 2026-08-12). The real question isn't the average year - it's whether you could hold on through the worst one.

How Canara Robeco Multi Asset Allocation Fund ranks in its category

Percentile versus its ~128 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

Drawdown resilience
74th
Risk-adjusted (Sharpe)
31th

Consistency (rolling returns)

Rolling-return data isn't available for this fund yet.

What Canara Robeco Multi Asset Allocation Fund holds

Its latest monthly portfolio disclosure. This is what your money actually owns.

Top holdings

ICICI Bank Ltd · Financials
5.1%
HDFC Bank Ltd · Finance
4.8%
Reliance Industries Ltd · Energy
4.0%
Bharti Airtel Ltd · Communication Services
3.9%
Larsen & Toubro Ltd · Industrials
3.6%
Axis Bank Ltd · Financials
2.4%
Eternal Ltd · E-Commerce/E-Retail
2.3%
Varun Beverages Ltd · Non-Alcoholic Beverages
2.1%
Vishal Mega Mart Ltd · Retail
2.0%
Max Healthcare Institute Ltd · Hospitals & Medical Services
2.0%

Sector allocation

Financials
9.3%
Finance
6.7%
Consumer Discretionary
5.7%
Industrials
4.9%
Health Care
4.6%
Energy
4.5%
Communication Services
3.9%
Financial Technologies (Fintech)
3.5%

The top 10 holdings make up 32.3% of the portfolio, across 39 stocks. A higher concentration means the fund's fortunes ride on fewer names.

Portfolio overlap with similar funds

Canara Robeco Multi Asset Allocation Fund shares Aditya Birla Sun Life Multi Asset Allocation Fund (1%), WhiteOak Capital Multi Asset Allocation Fund (0%), Nippon India Multi Asset Allocation Fund (0%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.

Who manages Canara Robeco Multi Asset Allocation Fund - and how good are they?

Canara Robeco Multi Asset Allocation Fund is managed by Bhupesh Kalyani, Avnish Jain and Ennette Fernandes. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.

Bhupesh Kalyani's full record

Bhupesh Kalyani currently runs 3 funds, across Gilt Fund, Low Duration Fund, Multi Asset Allocation, with about ₹2,159 Cr under management. The book's average King Score is 77.5/100. Their strongest fund by King Score is Canara Robeco Savings Fund (82/100); Canara Robeco Multi Asset Allocation Fund ranks #3 of 3 in their book.

Tap any column heading to sort.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Canara Robeco Savings Fund93821.8%3.4%6.4%7.2%6.4%6.6%1.27.4%-1.4%
2Canara Robeco Gilt Fund49730.9%1.8%3.1%6.0%5.4%6.5%-0.177.9%-7.8%
3Canara Robeco Multi Asset Allocation Fund (this page)96n/a3.0%6.1%9.2%n/an/an/a0.38n/a-8.9%

Avnish Jain's full record

Avnish Jain currently runs 9 funds, across Banking and PSU Fund, Conservative Hybrid Fund, Dynamic Asset Allocation or Balanced Advantage, Gilt Fund and more, with about ₹4,575 Cr under management. The book's average King Score is 76.1/100. Their strongest fund by King Score is Canara Robeco Conservative Hybrid Fund (83/100); Canara Robeco Multi Asset Allocation Fund ranks #8 of 9 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Canara Robeco Conservative Hybrid Fund96831.5%3.7%2.7%7.5%6.9%8.6%0.279.3%-10.2%
2Canara Robeco Savings Fund93821.8%3.4%6.4%7.2%6.4%6.6%1.27.4%-1.4%
3Canara Robeco Overnight Fund80781.3%2.6%5.3%6.0%5.7%n/a-1.625.5%0.0%
4Canara Robeco Banking and PSU Debt Fund61731.0%2.5%4.9%6.6%n/an/a0.117.0%-0.7%
5Canara Robeco Income Fund53730.7%1.8%3.6%6.2%5.3%6.6%-0.137.7%-5.5%
6Canara Robeco Gilt Fund49730.9%1.8%3.1%6.0%5.4%6.5%-0.177.9%-7.8%
7Canara Robeco Short Duration Fund93711.5%3.0%5.6%7.0%6.0%6.9%0.67.7%-2.1%
8Canara Robeco Multi Asset Allocation Fund (this page)96n/a3.0%6.1%9.2%n/an/an/a0.38n/a-8.9%
9Canara Robeco Balanced Advantage Fund59n/a0.3%3.3%-1.1%n/an/an/a-0.48n/a-11.0%

Ennette Fernandes's full record

Ennette Fernandes currently runs 3 funds, across Dynamic Asset Allocation or Balanced Advantage, Multi Asset Allocation, Sectoral/ Thematic, with about ₹4,307 Cr under management. The book's average King Score is 51.0/100. Their strongest fund by King Score is Canara Robeco Consumption Fund (51/100); Canara Robeco Multi Asset Allocation Fund ranks #2 of 3 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Canara Robeco Consumption Fund39511.2%7.0%-5.6%10.0%10.7%15.1%0.2418.2%-34.7%
2Canara Robeco Multi Asset Allocation Fund (this page)96n/a3.0%6.1%9.2%n/an/an/a0.38n/a-8.9%
3Canara Robeco Balanced Advantage Fund59n/a0.3%3.3%-1.1%n/an/an/a-0.48n/a-11.0%

A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.

Cost & fund basics

DetailValue
Expense ratio (Direct)0.55%
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹5000
Fund size (AUM)₹1,290 Cr
Age1.3 years
Plan / OptionDirect · Growth

How Canara Robeco Multi Asset Allocation Fund compares to peers

FundRSKing3Y CAGR
WhiteOak Capital Multi Asset Allocation Fund978616.5%
Nippon India Multi Asset Allocation Fund878118.3%
Aditya Birla Sun Life Multi Asset Allocation Fund797315.4%
quant Multi Asset Allocation Fund897021.4%
SBI Multi Asset Allocation Fund646514.5%
Baroda BNP Paribas Multi Asset Fund436113.8%
Compare side by side. Chart Canara Robeco Multi Asset Allocation Fund against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
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Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

Canara Robeco Multi Asset Allocation Fund review: the bottom line

On the data, its strengths are leading current momentum (RS 96), a low expense ratio (0.55%). Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is Canara Robeco Multi Asset Allocation Fund a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Canara Robeco Multi Asset Allocation Fund scores RS 96/99 within its category, and its worst drawdown was -8.92%. Compare those against your needs and the peer table above.

What is the NAV of Canara Robeco Multi Asset Allocation Fund today?

The latest NAV is ₹11.36 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the expense ratio of Canara Robeco Multi Asset Allocation Fund?

The Direct-plan expense ratio is 0.55% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.

Who is the fund manager of Canara Robeco Multi Asset Allocation Fund?

Canara Robeco Multi Asset Allocation Fund is managed by Bhupesh Kalyani; Avnish Jain; Ennette Fernandes; Amit Kadam.

Is Canara Robeco Multi Asset Allocation Fund safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -8.92% - ₹1 lakh briefly becoming about ₹91,080. As a hybrid fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is Canara Robeco Multi Asset Allocation Fund tax-efficient / what about capital gains?

As a hybrid fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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