Bandhan Financial Services Fund vs Canara Robeco Banking and Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Financial Services Fund is a Sectoral fund and Canara Robeco Banking and Financial Services Fund is a Sectoral fund. Bandhan Financial Services Fund charges 1.04% a year and Canara Robeco Banking and Financial Services Fund 1.05% (Direct plans). Their portfolios overlap 60.7%: they hold 23 of the same securities.
Bandhan Financial Services Fund
Sectoral
- Expense ratio
- 1.04%
- NAV
- ₹14.56
Canara Robeco Banking and Financial Services Fund
Sectoral
- Expense ratio
- 1.05%
- NAV
- ₹10.26
Which is better, Bandhan Financial Services or Canara Robeco Banking and Financial Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan Financial Services costs less: 1.04% a year against 1.05% (Direct plans).
- Canara Robeco Banking and Financial Services fell less in its worst fall since 23-03-2026: −10.0% against −10.4%.
- Bandhan Financial Services is the larger fund: ₹1,122 Cr against ₹624 Cr.
- Their portfolios overlap 60.7%: 23 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 | Bandhan Financial Services Fund | Canara Robeco Banking and Financial Services Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Canara Robeco Mutual Fund |
| Category | Sectoral | Sectoral |
| AUM | ₹1,122 Cr (31-08-2026) | ₹624 Cr (30-09-2026) |
| NAV | ₹14.56 (Direct) | ₹10.26 (Direct) |
| Expense ratio (Direct) | 1.04% | 1.05% |
| Expense ratio (Regular) | 2.50% | 2.65% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 28-07-2023 | 20-03-2026 |
| Minimum investment | ₹1,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Ritu Modi, Harshvardhan Agrawal, Harshal Joshi, Ritika Behera, Gaurav Satra | Amit Kadam / Mr. Shridatta Bhandwaldar |
| Exit load | Exit load of 0.5%, if redeemed within 30 days. | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days. |
Bandhan Financial Services vs Canara Robeco Banking and Financial Services: 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 |
|---|---|---|---|---|---|---|---|
| Bandhan Financial Services Fund (Direct) | −2.92% | −7.06% | −2.09% | −7.55% | +12.68% | -- | -- |
| Canara Robeco Banking and Financial Services Fund (Direct) | −1.91% | −5.96% | −1.44% | -- | -- | -- | -- |
| Sectoral average | −1.70% | −4.49% | +2.30% | -- | -- | -- | -- |
Category average: the average of the 20 Sectoral funds, same plan type.
Bandhan Financial Services vs Canara Robeco Banking and Financial Services: Year-wise Returns
| Year | BandhanBandhan Financial Services | Canara Robeco Banking andCanara Robeco Banking and Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | −9.00% | -- | −9.69% |
| 2025 | +13.50% | -- | +18.60% |
| 2024 | +20.58% | -- | +10.52% |
Bandhan Financial Services vs Canara Robeco Banking and Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Bandhan Financial Services vs Canara Robeco Banking and Financial Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Financial Services Fund (Direct) | Canara Robeco Banking and Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.20% | +6.26% |
| Standard deviation | 15.30% | 15.54% |
| Sharpe ratio | 0.40 | 0.06 |
| Sortino ratio | 0.56 | 0.09 |
| Maximum drawdown | −17.3% (30-03-2026) | −10.0% (27-10-2026) |
| Beta | 0.89 | 0.78 |
| Alpha | +5.13% | −0.14% |
From daily NAVs, 31-07-2023 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.
Bandhan Financial Services Fund (Direct)
Canara Robeco Banking and Financial Services Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Financial Services Fund (Direct) | −10.4% | 13-07-2026 | 27-10-2026 | Not yet | -- | −9.5% |
| Canara Robeco Banking and Financial Services Fund (Direct) | −10.0% | 31-08-2026 | 27-10-2026 | Not yet | -- | −9.0% |
| Nifty Financial Services TRI | −9.9% | 03-08-2026 | 27-10-2026 | Not yet | -- | −8.3% |
From daily values since 23-03-2026, the first day every fund has.
Bandhan Financial Services vs Canara Robeco Banking and Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Financial Services Fund, August 2026; Canara Robeco Banking and Financial Services Fund, September 2026
Holdings in common
- Overlap
- 60.7%
- Held by both
- 23
- Only in Bandhan Financial Services
- 34
- Only in Canara Robeco Banking and Financial Services
- 7
| Security | % of Bandhan Financial Services | % of Canara Robeco Banking and Financial Services |
|---|---|---|
| ICICI Bank Limited | 14.72% | 10.32% |
| HDFC Bank Limited | 10.23% | 10.82% |
| Kotak Mahindra Bank Limited | 5.59% | 5.25% |
| Axis Bank Limited | 4.72% | 7.20% |
| Bajaj Finance Limited | 4.33% | 5.32% |
| State Bank of India | 3.91% | 7.45% |
| Cholamandalam Investment and Finance Company Ltd | 3.15% | 2.62% |
| One 97 Communications Limited | 2.39% | 4.31% |
| Max Financial Services Limited | 2.24% | 2.49% |
| Shriram Finance Limited | 2.23% | 3.95% |
| Multi Commodity Exchange of India Limited | 1.83% | 2.41% |
| RBL Bank Limited | 1.57% | 2.78% |
| Prudent Corporate Advisory Services Limited | 1.20% | 1.72% |
| Mahindra & Mahindra Financial Services Limited | 1.91% | 1.10% |
| ICICI Lombard General Insurance Company Limited | 1.19% | 1.05% |
| Ujjivan Small Finance Bank Limited | 0.99% | 4.11% |
| BSE Limited | 0.90% | 1.38% |
| Aadhar Housing Finance Limited | 0.86% | 2.39% |
| ICICI Prudential Asset Management Company Limited | 0.84% | 1.86% |
| PB Fintech Limited | 0.76% | 1.03% |
| Billionbrains Garage Ventures Ltd | 0.69% | 1.76% |
| 360 One WAM Limited | 0.55% | 1.62% |
| Karur Vysya Bank Limited | 0.15% | 2.89% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 60.7% means 60.7% 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 Bandhan Financial Services Fund
| Security | % of fund |
|---|---|
| LIC Housing Finance Limited | 1.82% |
| City Union Bank Limited | 1.81% |
| IDFC First Bank Limited | 1.64% |
| HDFC Asset Management Company Limited | 1.51% |
| Poonawalla Fincorp Limited | 1.28% |
Largest holdings only in Canara Robeco Banking and Financial Services Fund
| Security | % of fund |
|---|---|
| Tata Capital Ltd | 2.81% |
| Nippon Life India Asset Management Ltd | 2.22% |
| CRISIL Ltd | 2.17% |
| Indian Bank | 1.78% |
| L&T Finance Ltd | 0.79% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Financial Services | Canara Robeco Banking and Financial Services |
|---|---|---|
| Equity | 98.3% | 96.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.7% | 3.9% |
Market cap of stocks
| Market cap | Bandhan Financial Services | Canara Robeco Banking and Financial Services |
|---|---|---|
| Large Cap | 57.4% | 62.5% |
| Mid Cap | 19.0% | 17.0% |
| Small Cap | 21.9% | 16.5% |
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 | Bandhan Financial Services | Canara Robeco Banking and Financial Services |
|---|---|---|
| Banks | 50.4% | 52.6% |
| Finance | 25.5% | 21.2% |
| Capital Markets | 10.7% | 13.4% |
| Insurance | 7.8% | 3.5% |
| Financial Technology (Fintech) | 4.0% | 5.3% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Financial Services vs Canara Robeco Banking and Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Financial Services Fund | Canara Robeco Banking and Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.04% | 1.05% |
| Base expense ratio (Direct) | 0.66% | 0.70% |
| Total expense ratio (Regular) | 2.50% | 2.65% |
| Base expense ratio (Regular) | 1.92% | 2.06% |
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 Bandhan Financial Services with
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- Canara Robeco Banking and Financial Services vs Nippon India Power & Infra
- Canara Robeco Banking and Financial Services vs Invesco India Financial Services
Bandhan Financial Services Fund vs Canara Robeco Banking and Financial Services Fund: Frequently Asked Questions
What is the difference between Bandhan Financial Services Fund and Canara Robeco Banking and Financial Services Fund?
Bandhan Financial Services Fund is a Sectoral fund, Canara Robeco Banking and Financial Services Fund is a Sectoral fund, run by Bandhan Mutual Fund and Canara Robeco Mutual Fund. Their portfolios overlap 60.7%. Bandhan Financial Services Fund charges 1.04% a year and Canara Robeco Banking and Financial Services Fund 1.05%.
Which has the lower expense ratio, Bandhan Financial Services Fund or Canara Robeco Banking and Financial Services Fund?
Bandhan Financial Services Fund charges less: 1.04% a year against 1.05%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Financial Services Fund and Canara Robeco Banking and Financial Services Fund overlap?
60.7%. They hold 23 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Financial Services Fund or Canara Robeco Banking and Financial Services Fund?
On SEBI's riskometer, Bandhan Financial Services Fund is rated Very High and Canara Robeco Banking and Financial Services Fund Very High. Over their common history, the standard deviation of daily returns was 15.30% and 15.54% a year.
Can I invest in both Bandhan Financial Services Fund and Canara Robeco Banking and Financial Services Fund?
Yes. 60.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan Financial Services Fund and Canara Robeco Banking and Financial Services Fund?
Bandhan Financial Services Fund: Ritu Modi, Harshvardhan Agrawal, Harshal Joshi, Ritika Behera, Gaurav Satra. Canara Robeco Banking and Financial Services Fund: Amit Kadam / Mr. Shridatta Bhandwaldar.
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.