About Canara Robeco Balanced Advantage Fund
Canara Robeco Balanced Advantage Fund is a balanced advantage fund managed by Canara Robeco Mutual Fund. Change the mix of equity and debt dynamically, usually buying more equity when markets are cheap and less when they are expensive.
The fund aims to generate long-term capital appreciation with income generation by dynamically investing in equity and equity related instruments and debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.
The scheme's stated objective, as published by Canara Robeco Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹10.45 | 152688 |
| Direct | IDCW Option | ₹10.35 | 152689 |
| Regular | Growth Option | ₹10.14 | 152690 |
| Regular | IDCW Option | ₹10.04 | 152691 |
Frequently asked questions
What is the NAV of Canara Robeco Balanced Advantage Fund today?
The NAV of Canara Robeco Balanced Advantage Fund (Direct plan, Growth) is ₹10.45 and the Regular plan NAV is ₹10.14, as of 18 Sept 2026.
What returns has Canara Robeco Balanced Advantage Fund given?
Over the last year the Direct plan returned -1.14%. Past returns do not guarantee future returns.
What is the expense ratio of Canara Robeco Balanced Advantage Fund?
The Direct plan charges 0.7% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Canara Robeco Balanced Advantage Fund?
You can start a monthly SIP with ₹1,000, or invest a lump sum of ₹5,000 or more.
How much has Canara Robeco Balanced Advantage Fund fallen in the past?
Its deepest fall was 11% from 26 Sept 2024 to 28 Feb 2025. Of every one-year stretch in its history, 83% ended in a gain.
Which category does Canara Robeco Balanced Advantage Fund belong to?
It is a Balanced Advantage Fund from Canara Robeco Mutual Fund. Change the mix of equity and debt dynamically, usually buying more equity when markets are cheap and less when they are expensive.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Canara Robeco Balanced Advantage Fund taxed?
How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.