Axis Services Opportunities Fund vs Canara Robeco Focused Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Services Opportunities Fund is a Thematic fund and Canara Robeco Focused Fund is a Focused fund. In the year to 30-10-2026, Axis Services Opportunities Fund (Direct) returned −7.9% and Canara Robeco Focused Fund (Direct) returned −8.2%. Axis Services Opportunities Fund charges 0.96% a year and Canara Robeco Focused Fund 0.83% (Direct plans). Their portfolios overlap 37.4%: they hold 13 of the same securities.
Axis Services Opportunities Fund
Thematic
- 1 year return
- −7.9%
- Expense ratio
- 0.96%
- NAV
- ₹9.46
Canara Robeco Focused Fund
Focused
- 1 year return
- −8.2%
- Expense ratio
- 0.83%
- NAV
- ₹20.40
Which is better, Axis Services Opportunities or Canara Robeco Focused? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Services Opportunities returned more over 1 year: −7.9% against −8.2%.
- Canara Robeco Focused costs less: 0.83% a year against 0.96% (Direct plans).
- Canara Robeco Focused fell less in its worst fall since 30-07-2025: −15.0% against −18.4%.
- Canara Robeco Focused holds more in large companies: 65.5% of the fund in large caps against 55.0%.
- Canara Robeco Focused is the larger fund: ₹2,730 Cr against ₹1,308 Cr.
- Their portfolios overlap 37.4%: 13 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Services Opportunities Fund | Canara Robeco Focused Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Canara Robeco Mutual Fund |
| Category | Thematic | Focused |
| AUM | ₹1,308 Cr (30-09-2026) | ₹2,730 Cr (30-09-2026) |
| NAV | ₹9.46 (Direct) | ₹20.40 (Direct) |
| Expense ratio (Direct) | 0.96% | 0.83% |
| Expense ratio (Regular) | 2.22% | 2.19% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Services Sector TRI | BSE 500 TRI |
| Launch date | 24-07-2025 | 17-05-2021 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sachin Relekar, Krishnaa Narayan | Shridatta Bhandwaldar / Mr. Amit Kadam |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | 1% - If redeemed/switched out within 365 days from the date of allotment, Nil - if redeemed/switched out after 365 days from the date of allotment |
Axis Services Opportunities vs Canara Robeco Focused: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Services Opportunities Fund (Direct) | +1.18% | −5.87% | +2.27% | −7.89% | -- | -- | -- |
| Canara Robeco Focused Fund (Direct) | −0.10% | −5.47% | −0.68% | −8.23% | +12.52% | +10.83% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | +10.21% | -- |
Category average: the average of the 235 Thematic funds and the 28 Focused funds, same plan type.
Axis Services Opportunities vs Canara Robeco Focused: Year-wise Returns
| Year | Axis Services OpportunitiesAxis Services Opportunities | Canara Robeco FocusedCanara Robeco Focused |
|---|---|---|
| 2026to date | −5.02% | −7.23% |
| 2025 | -- | +7.74% |
| 2024 | -- | +25.45% |
| 2023 | -- | +25.25% |
| 2022 | -- | +3.42% |
Axis Services Opportunities vs Canara Robeco Focused: Rolling Returns
Every holding period of both funds, against Nifty Services Sector TRI, the benchmark of Axis Services Opportunities Fund
Rolling returns
Every 1-year holding period, 62 of them, one for each trading day from 30-07-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Services Opportunities Fund (Direct)
Canara Robeco Focused Fund (Direct)
Nifty Services Sector TRI
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Services Opportunities | 62.9 | 37.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −2.3% | −1.1% | −10.8% | 4.1% | 89% |
| Canara Robeco Focused | 54.8 | 45.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −2.0% | −1.3% | −9.9% | 4.1% | 97% |
| Nifty Services Sector TRI | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −5.8% | −6.5% | −11.5% | −0.7% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Services Sector TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 30-07-2025. Past returns do not promise future returns.
Axis Services Opportunities vs Canara Robeco Focused: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 30-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Services OpportunitiesAxis Services Opportunities Fund (Direct) | ₹1,60,000 | ₹1,56,159 | −₹3,841 | −3.4% |
| Canara Robeco FocusedCanara Robeco Focused Fund (Direct) | ₹1,60,000 | ₹1,54,037 | −₹5,963 | −5.3% |
Axis Services OpportunitiesAxis Services Opportunities Fund (Direct)
Canara Robeco FocusedCanara Robeco Focused Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Services Opportunities vs Canara Robeco Focused: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Services Opportunities Fund (Direct) | Canara Robeco Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.89% | −8.23% |
| Standard deviation | 15.22% | 14.38% |
| Sharpe ratio | -0.86 | -0.94 |
| Sortino ratio | -1.16 | -1.25 |
| Maximum drawdown | −18.0% (30-03-2026) | −14.9% (30-03-2026) |
| Beta | 0.93 | 0.98 |
| Alpha | −1.87% | −0.89% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Services Opportunities Fund (Direct) | Canara Robeco Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.03% | +13.68% |
| Standard deviation | 14.26% | 13.22% |
| Sharpe ratio | -0.65 | 0.61 |
| Sortino ratio | -0.89 | 0.85 |
| Maximum drawdown | −18.4% (30-03-2026) | −18.1% (17-06-2022) |
| Beta | 0.93 | 0.91 |
| Alpha | −0.97% | +2.94% |
From daily NAVs, 30-07-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Services Opportunities Fund (Direct)
Canara Robeco Focused Fund (Direct)
Nifty Services Sector TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Services Opportunities Fund (Direct) | −18.4% | 27-10-2025 | 30-03-2026 | Not yet | -- | −8.3% |
| Canara Robeco Focused Fund (Direct) | −15.0% | 29-10-2025 | 30-03-2026 | Not yet | -- | −8.6% |
| Nifty Services Sector TRI | −16.7% | 27-11-2025 | 30-03-2026 | Not yet | -- | −8.5% |
From daily values since 30-07-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Services Opportunities Fund (Direct)
Canara Robeco Focused Fund (Direct)
Nifty Services Sector TRI
Against Nifty Services Sector TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Services Opportunities Fund (Direct) | 90% | 93% | 8.37% |
| Canara Robeco Focused Fund (Direct) | 77% | 79% | 7.79% |
From month-end values since 30-07-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Services Opportunities vs Canara Robeco Focused: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Services Opportunities Fund, September 2026; Canara Robeco Focused Fund, September 2026
Holdings in common
- Overlap
- 37.4%
- Held by both
- 13
- Only in Axis Services Opportunities
- 24
- Only in Canara Robeco Focused
- 17
| Security | % of Axis Services Opportunities | % of Canara Robeco Focused |
|---|---|---|
| ICICI Bank Limited | 9.01% | 8.92% |
| HDFC Bank Limited | 4.46% | 6.83% |
| Eternal Limited | 9.28% | 4.31% |
| Bharti Airtel Limited | 4.70% | 4.26% |
| Bajaj Finance Limited | 5.09% | 3.77% |
| The Indian Hotels Company Limited | 4.43% | 2.97% |
| InterGlobe Aviation Limited | 4.22% | 2.59% |
| Max Healthcare Institute Limited | 1.88% | 4.49% |
| FSN E-Commerce Ventures Limited | 2.22% | 1.25% |
| PB Fintech Limited | 3.26% | 1.21% |
| Infosys Limited | 1.97% | 0.91% |
| Vishal Mega Mart Limited | 0.73% | 2.53% |
| Info Edge (India) Limited | 0.19% | 3.25% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.4% means 37.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Services Opportunities Fund
| Security | % of fund |
|---|---|
| Apollo Hospitals Enterprise Limited | 5.03% |
| Fortis Healthcare Limited | 4.41% |
| Cholamandalam Investment and Finance Company Ltd | 3.94% |
| Krishna Institute Of Medical Sciences Limited | 3.32% |
| The Federal Bank Limited | 3.07% |
Largest holdings only in Canara Robeco Focused Fund
| Security | % of fund |
|---|---|
| Reliance Industries Ltd | 4.22% |
| Divi's Laboratories Ltd | 4.05% |
| Larsen & Toubro Ltd | 4.03% |
| TVS Motor Co Ltd | 3.96% |
| Torrent Pharmaceuticals Ltd | 3.86% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Services Opportunities | Canara Robeco Focused |
|---|---|---|
| Equity | 99.6% | 95.3% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.4% | 4.8% |
Market cap of stocks
| Market cap | Axis Services Opportunities | Canara Robeco Focused |
|---|---|---|
| Large Cap | 55.0% | 65.5% |
| Mid Cap | 26.6% | 21.5% |
| Small Cap | 16.7% | 8.3% |
| Not on AMFI's list | 1.3% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Services Opportunities | Canara Robeco Focused |
|---|---|---|
| Banks | 16.5% | 19.6% |
| Healthcare Services | 17.5% | 4.5% |
| Retailing | 16.5% | 11.3% |
| Finance | 11.0% | 8.7% |
| Leisure Services | 8.4% | 3.0% |
| Pharmaceuticals & Biotechnology | 0.0% | 7.9% |
| Capital Markets | 7.0% | 2.3% |
| IT - Services | 0.0% | 4.6% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Services Opportunities vs Canara Robeco Focused: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Services Opportunities Fund | Canara Robeco Focused Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.96% | 0.83% |
| Base expense ratio (Direct) | 0.77% | 0.53% |
| Total expense ratio (Regular) | 2.22% | 2.19% |
| Base expense ratio (Regular) | 1.85% | 1.70% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Axis Services Opportunities with
Axis Services Opportunities Fund vs Canara Robeco Focused Fund: Frequently Asked Questions
What is the difference between Axis Services Opportunities Fund and Canara Robeco Focused Fund?
Axis Services Opportunities Fund is a Thematic fund, Canara Robeco Focused Fund is a Focused fund, run by Axis Mutual Fund and Canara Robeco Mutual Fund. Their portfolios overlap 37.4%. Axis Services Opportunities Fund charges 0.96% a year and Canara Robeco Focused Fund 0.83%.
Which has given higher returns, Axis Services Opportunities Fund or Canara Robeco Focused Fund?
Over 1 year: Axis Services Opportunities Fund −7.89%, Canara Robeco Focused Fund −8.23%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Services Opportunities Fund or Canara Robeco Focused Fund?
Canara Robeco Focused Fund charges less: 0.83% a year against 0.96%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Services Opportunities Fund and Canara Robeco Focused Fund overlap?
37.4%. They hold 13 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, ETERNAL. From each fund's latest monthly portfolio.
Which is riskier, Axis Services Opportunities Fund or Canara Robeco Focused Fund?
On SEBI's riskometer, Axis Services Opportunities Fund is rated Very High and Canara Robeco Focused Fund Very High. Over 1 years, the standard deviation of daily returns was 15.22% and 14.38% a year.
Can I invest in both Axis Services Opportunities Fund and Canara Robeco Focused Fund?
Yes. 37.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis Services Opportunities Fund and Canara Robeco Focused Fund?
Axis Services Opportunities Fund: Sachin Relekar, Krishnaa Narayan. Canara Robeco Focused Fund: Shridatta Bhandwaldar / Mr. Amit Kadam.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.