Canara Robeco Manufacturing Fund - Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Generated +5.5% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 2.29% is lower than category median (2.52%).
- Downside capture of 107% indicates larger drops during broader market downturns.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +0.67% | +6.32% | -5.65% |
| 3 Months | -4.23% | -0.20% | -4.03% |
| 6 Months | +1.65% | +5.98% | -4.33% |
| 1 Year | +6.26% | +3.90% | +2.36% |
| Since Inception | +12.80% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +9.52% | +4.03% | +5.49% |
| 2025 | +0.90% | +1.43% | -0.53% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -5.59% | +6.16% | +6.15% | +24.02% | 77.0% | 56.7% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-27 | 2025-02-28 | -24.7% | 5 months | 14 months |
| 2026-08-18 | 2026-10-23 | -12.5% | 2 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity-related Instruments of entities engaged in Manufacturing theme 80% to 100% Equity and Equity-related Instruments of entities other than engaged in Manufacturing theme 0% to 20% Money Market Instruments, other liquid instruments, Gold ETFs, Silver ETFs and other permissible securities/instruments as may be approved by SEBI from time to time 0% to 20% Units issued by InvITs 0% to 10% | Per Scheme Mandate |
Investment Objective & Strategy
The scheme aims to generate long-term capital appreciation by investing predominantly in equities and equity related instruments of entities engaged in the Manufacturing theme. However, there can be no assurance that the investment objective of the scheme will be realized.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 1,680 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| quant Commodities Fund | 4.4 | - | 3.01% | 82.9% | Rs 328 cr | Compare → |
| Mahindra Manulife Banking & Financial Services Fund | 5.2 | - | - | 112.5% | Rs 466 cr | Compare → |
| Groww Banking & Financial Services Fund | 4.3 | - | 3.15% | 120.2% | Rs 123 cr | Compare → |
| Kotak Active Momentum Fund | 5.1 | - | 2.73% | 90.4% | Rs 1,647 cr | Compare → |
| HSBC Financial Services Fund | 5.7 | - | 2.37% | 114.7% | Rs 986 cr | Compare → |
Frequently Asked Questions about Canara Robeco Manufacturing Fund
What is the expense ratio of Canara Robeco Manufacturing Fund?
Canara Robeco Manufacturing Fund has a total expense ratio (TER) of 2.29% with a base expense ratio of 1.79%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages Canara Robeco Manufacturing Fund?
Canara Robeco Manufacturing Fund is managed by Pranav Gokhale (tenure: 2.7 years since 2024-02-16).
What are the historical returns of Canara Robeco Manufacturing Fund?
Canara Robeco Manufacturing Fund has a 1-year return of +6.26%.
How large is Canara Robeco Manufacturing Fund?
Canara Robeco Manufacturing Fund manages assets of Rs 1,680 cr, placing it in the 'comfortable' size band relative to Sectoral / Thematic peers.
How is Canara Robeco Manufacturing Fund scored on MFIQ?
Canara Robeco Manufacturing Fund holds an MFIQ Score of 5.4/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Canara Robeco Manufacturing Fund?
Canara Robeco Manufacturing Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 17.32% with a maximum historical drawdown of -24.68%.