Canara Robeco Multi Asset Allocation Fund

All Cap

Diversified

Hybrid

India Multi Asset

Medium Term

Aggressive growth Investor Profile

Investor Profile

4–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Canara Robeco Multi Asset Allocation Fund Growth mixes stocks and bonds for balanced growth and stability.

What This Strategy Does

Canara Robeco Multi Asset Allocation Fund Regular Growth is an equity flexi-cap fund which captures India's diversified ₹200+ trillion investment opportunity through dynamic asset allocation, deploying capital across financials, industrials, and consumer sectors to achieve broad-based earnings growth.

CW Expert Research Notes

Resilient Downside Protection

The fund's multi-asset allocation strategy has demonstrated resilience across market cycles, outperforming its benchmark in 10 of the past 12 years, suggesting consistent downside protection and participation in upside.

Balanced Sector Positioning

The fund's sector positioning reflects a balanced approach, with meaningful allocations to defensive sectors like healthcare and consumer staples, complemented by exposure to cyclical sectors such as financials and industrials, enabling participation in diverse earnings drivers.

Diversified Risk Profile

The fund's risk profile is diversified across asset classes, with a significant allocation to equities balanced by exposure to bonds and cash, potentially mitigating drawdowns while maintaining upside participation if the earnings revision cycle accelerates.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

0.0% AnnuallyAlpha

+0.0% vs +0.0% benchmarkSince Inception

+0.0% vs +0.0% benchmark3Y Annualized

+0.0% vs +0.0% benchmark5Y Annualized

Canara Robeco Multi Asset Allocation Fund

Benchmark Index

Benchmark Performance Comparison

Canara Robeco Multi Asset Allocation Fund

NIFTY 50 + FD Returns

Detailed Risks

Market Risk

Potential recession in India could dampen consumer demand, impacting fund holdings.

Liquidity Risk

High mid-cap exposure could face liquidity stress during market sell-offs.

Concentration Risk

Concentrated in Indian equities, vulnerable to domestic policy or regulatory shifts.

Specific Strategy Risk

Multi-asset strategy execution risks if asset class correlations shift unexpectedly.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Delivers multi-asset diversification across Indian equities, bonds, and cash. This flexible approach aims to optimize risk-adjusted returns by dynamically allocating capital based on evolving market conditions. The impact is a smoother return profile with lower volatility compared to single-asset class investing.

Broader Market View

Market Outlook

Equity markets appear to be entering a mid-cycle phase, with consumption and earnings recovery gaining traction. This normalization backdrop, supported by trends like reviving capex and credit growth, offers an attractive entry point. However, risks such as margin pressures and cyclicality in sectors like consumer discretionary and industrials warrant a balanced approach.

Why This Strategy is Attractive Now

The strategy seems well-positioned to capitalize on the current environment through its diversified exposure across consumer, financial, and technology sectors. The portfolio's holdings in market leaders combined with a flexible, risk-adjusted approach appears aligned with the mid-cycle dynamics. With around 70 holdings, the strategy offers a blend of growth and defensive qualities.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth strategy, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations relative to their long-term potential.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth approach can offer attractive risk-adjusted returns by focusing on companies with pricing power, recurring revenue streams, and strong balance sheets.

High-Level Investment Process

Sourcing: The strategy appears to source investment ideas from a broad universe of companies across market capitalizations, favoring those with sustainable competitive advantages, strong management teams, and attractive growth runways. Selection: The selection process suggests a preference for companies with consistent profitability, healthy cash flows, and reasonable valuations relative to their growth prospects. Financial strength, competitive positioning, and secular tailwinds are likely key considerations. Construction: Portfolio construction is consistent with a diversified, conviction-weighted approach, balancing risk management with the ability to capitalize on high-conviction opportunities. Position sizing appears to reflect the manager's confidence in each holding's return potential.

Portfolio Holdings Overview

SectoralAllocation

Consumers21.57%

Capital Goods15.27%

Energy & Infra6.52%

Services17.88%

Financial Services32.39%

Technology6.38%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

Nippon India ETF Gold BeESUtilities13.09%

TrepsUtilities7.03%

ICICI Bank LtdFinancial Services4.82%

HDFC Bank LtdFinancial Services4.78%

Reliance Industries LtdEnergy & Infra4.38%

Bharti Airtel LtdServices4.01%

Larsen & Toubro LtdCapital Goods3.34%

TbillUtilities3.31%

State Bank of IndiaFinancial Services2.27%

Max Healthcare Institute Ltd Ordinary SharesServices2.16%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Avnish Jain

Mr. Avnish Jain has experience of 31 years. Manages 117 funds at Canara Robeco Asset Management Co Ltd with an AUM of approximately ₹3,894 Cr Holds a B.Tech degree.

88 years

Combined Team Experience

₹ 12,726 Cr

Assets Under Management

Ennette Fernandes

Co-Portfolio Manager

Ms. Ennette Fernandes has experience of 17 years. Manages 25 funds at Canara Robeco Asset Management Co Ltd with an AUM of approximately ₹2,526 Cr Holds a PGDBM degree.

Amit Kadam

Co-Portfolio Manager

Mr. Amit Kadam has experience of 16 years. Manages 34 funds at Canara Robeco Asset Management Co Ltd with an AUM of approximately ₹6,306 Cr Holds a MMS degree.

CW Expert Take

Canara Robeco Multi Asset Allocation Fund applies a diversified approach across asset classes. Their investment philosophy combines top-down macro views with bottom-up security selection to construct risk-adjusted portfolios. The fund house maintains dedicated teams for equity research and fixed income analysis, leveraging their respective domain expertise. Canara Robeco aims to deliver consistent performance by actively managing asset allocation while adhering to predefined risk parameters.

Investment Philosophy & Approach

Disciplined Approach

Canara Robeco follows a disciplined investment approach focused on rigorous research.

Risk Management

The fund house emphasizes robust risk management through diversification and prudence.

Long-Term Perspective

Canara Robeco maintains a long-term perspective in capital allocation decisions.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)2.11%

Regulatory & Tax Information

INF760K01LG3

ISIN

DailyDealing Frequency

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)