Bandhan Nifty 100 Index Fund vs Canara Robeco Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Nifty 100 Index Fund is an Index fund and Canara Robeco Balanced Advantage Fund is a Balanced Advantage fund. In the year to 30-10-2026, Bandhan Nifty 100 Index Fund (Direct) returned −8.8% and Canara Robeco Balanced Advantage Fund (Direct) returned −5.0%. Bandhan Nifty 100 Index Fund charges 0.18% a year and Canara Robeco Balanced Advantage Fund 1.04% (Direct plans). Their portfolios overlap 50.0%: they hold 34 of the same securities.
Bandhan Nifty 100 Index Fund
Index
- 1 year return
- −8.8%
- Expense ratio
- 0.18%
- NAV
- ₹14.41
Canara Robeco Balanced Advantage Fund
Balanced Advantage
- 1 year return
- −5.0%
- Expense ratio
- 1.04%
- NAV
- ₹10.19
Which is better, Bandhan Nifty 100 Index or Canara Robeco Balanced Advantage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Canara Robeco Balanced Advantage returned more over 1 year: −5.0% against −8.8%.
- Bandhan Nifty 100 Index costs less: 0.18% a year against 1.04% (Direct plans).
- Canara Robeco Balanced Advantage fell less in its worst fall since 06-08-2024: −11.0% against −17.3%.
- Bandhan Nifty 100 Index holds more in large companies: 97.9% of the fund in large caps against 58.5%.
- Canara Robeco Balanced Advantage is the larger fund: ₹1,007 Cr against ₹266 Cr.
- Their portfolios overlap 50.0%: 34 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 Nifty 100 Index Fund | Canara Robeco Balanced Advantage Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Canara Robeco Mutual Fund |
| Category | Index | Balanced Advantage |
| AUM | ₹266 Cr (31-08-2026) | ₹1,007 Cr (30-09-2026) |
| NAV | ₹14.41 (Direct) | ₹10.19 (Direct) |
| Expense ratio (Direct) | 0.18% | 1.04% |
| Expense ratio (Regular) | 0.68% | 2.39% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 TRI | CRISIL Hybrid 50+50 - Moderate Index |
| Launch date | 24-02-2022 | 02-08-2024 |
| Minimum investment | ₹1,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Abhishek Jain | Ennette Fernandes/Mr. Pranav Gokhale/ Ms. Suman Prasad/ Mr. Amit Kadam / Mr. Avnish Jain |
| Exit load | Nil | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days. |
Bandhan Nifty 100 Index vs Canara Robeco Balanced Advantage: 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 Nifty 100 Index Fund (Direct) | +1.03% | −5.35% | −3.06% | −8.85% | +8.87% | -- | -- |
| Canara Robeco Balanced Advantage Fund (Direct) | −0.20% | −3.32% | −0.97% | −5.03% | -- | -- | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | -- | -- | -- |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
Bandhan Nifty 100 Index vs Canara Robeco Balanced Advantage: Year-wise Returns
| Year | Bandhan Nifty 100 IndexBandhan Nifty 100 Index | Canara Robeco Balanced AdvantageCanara Robeco Balanced Advantage |
|---|---|---|
| 2026to date | −9.46% | −4.68% |
| 2025 | +10.06% | +6.05% |
| 2024 | +12.69% | -- |
| 2023 | +21.06% | -- |
Bandhan Nifty 100 Index vs Canara Robeco Balanced Advantage: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Bandhan Nifty 100 Index Fund
Rolling returns
Every 1-year holding period, 307 of them, one for each trading day from 06-08-2025 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.
Bandhan Nifty 100 Index Fund (Direct)
Canara Robeco Balanced Advantage Fund (Direct)
Nifty 100 TRI
to
Sept 2025Nov 2024
to
Nov 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Nifty 100 Index | 44.3 | 22.1 | 20.2 | 12.4 | 1.0 | 0.0 | 0.0 | 2.2% | 0.7% | −10.6% | 16.2% | 0% |
| Canara Robeco Balanced Advantage | 23.5 | 48.0 | 24.5 | 4.0 | 0.0 | 0.0 | 0.0 | 2.7% | 2.5% | −5.7% | 11.9% | 64% |
| Nifty 100 TRI | 43.3 | 23.1 | 19.2 | 13.4 | 1.0 | 0.0 | 0.0 | 2.3% | 0.9% | −10.5% | 16.4% | -- |
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 100 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 06-08-2024. Past returns do not promise future returns.
Bandhan Nifty 100 Index vs Canara Robeco Balanced Advantage: 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 01-08-2024 to 30-10-2026: 27 instalments, ₹2,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan Nifty 100 IndexBandhan Nifty 100 Index Fund (Direct) | ₹2,70,000 | ₹2,60,453 | −₹9,547 | −3.1% |
| Canara Robeco Balanced AdvantageCanara Robeco Balanced Advantage Fund (Direct) | ₹2,70,000 | ₹2,68,319 | −₹1,681 | −0.5% |
Bandhan Nifty 100 IndexBandhan Nifty 100 Index Fund (Direct)
Canara Robeco Balanced AdvantageCanara Robeco Balanced Advantage 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.
Bandhan Nifty 100 Index vs Canara Robeco Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Nifty 100 Index Fund (Direct) | Canara Robeco Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.85% | −5.03% |
| Standard deviation | 13.89% | 10.00% |
| Sharpe ratio | -1.02 | -1.03 |
| Sortino ratio | -1.35 | -1.37 |
| Maximum drawdown | −14.9% (30-03-2026) | −10.4% (30-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.17% | -- |
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 | Bandhan Nifty 100 Index Fund (Direct) | Canara Robeco Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.81% | +0.89% |
| Standard deviation | 13.41% | 9.08% |
| Sharpe ratio | 0.21 | -0.53 |
| Sortino ratio | 0.29 | -0.73 |
| Maximum drawdown | −17.3% (28-02-2025) | −11.0% (28-02-2025) |
| Beta | 1.00 | -- |
| Alpha | −0.20% | -- |
From daily NAVs, 25-02-2022 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 Nifty 100 Index Fund (Direct)
Canara Robeco Balanced Advantage Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Nifty 100 Index Fund (Direct) | −17.3% | 26-09-2024 | 28-02-2025 | Not yet | -- | −10.3% |
| Canara Robeco Balanced Advantage Fund (Direct) | −11.0% | 26-09-2024 | 28-02-2025 | 17-09-2025 | 7 months | −5.4% |
| Nifty 100 TRI | −17.2% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −10.1% |
From daily values since 06-08-2024, 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.
Bandhan Nifty 100 Index Fund (Direct)
Canara Robeco Balanced Advantage Fund (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bandhan Nifty 100 Index Fund (Direct) | 99% | 100% | 0.02% |
| Canara Robeco Balanced Advantage Fund (Direct) | 74% | 66% | 5.42% |
From month-end values since 06-08-2024. 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.
Bandhan Nifty 100 Index vs Canara Robeco Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Nifty 100 Index Fund, August 2026; Canara Robeco Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 50.0%
- Held by both
- 34
- Only in Bandhan Nifty 100 Index
- 66
- Only in Canara Robeco Balanced Advantage
- 39
| Security | % of Bandhan Nifty 100 Index | % of Canara Robeco Balanced Advantage |
|---|---|---|
| HDFC Bank Limited | 8.13% | 5.91% |
| ICICI Bank Limited | 7.80% | 5.12% |
| Reliance Industries Limited | 6.46% | 4.57% |
| Bharti Airtel Limited | 4.12% | 3.42% |
| Larsen & Toubro Limited | 3.54% | 3.12% |
| Axis Bank Limited | 2.80% | 2.82% |
| State Bank of India | 3.28% | 2.33% |
| Infosys Limited | 2.98% | 2.20% |
| Mahindra & Mahindra Limited | 2.19% | 2.01% |
| Eternal Limited | 1.78% | 1.75% |
| Bajaj Finance Limited | 2.12% | 1.62% |
| Kotak Mahindra Bank Limited | 2.31% | 1.51% |
| Shriram Finance Limited | 1.16% | 1.54% |
| Maruti Suzuki India Limited | 1.32% | 0.95% |
| Divi's Laboratories Limited | 0.90% | 1.91% |
| InterGlobe Aviation Limited | 0.89% | 1.07% |
| Bharat Electronics Limited | 1.11% | 0.81% |
| UltraTech Cement Limited | 1.01% | 0.76% |
| Coal India Limited | 0.72% | 1.76% |
| Tata Consultancy Services Limited | 1.83% | 0.71% |
| Hindustan Aeronautics Limited | 0.68% | 0.93% |
| Asian Paints Limited | 0.90% | 0.60% |
| Hindalco Industries Limited | 1.10% | 0.56% |
| Samvardhana Motherson International Limited | 0.56% | 2.14% |
| Cummins India Limited | 0.52% | 0.76% |
| Bharat Petroleum Corporation Limited | 0.49% | 0.96% |
| The Indian Hotels Company Limited | 0.49% | 1.52% |
| CG Power and Industrial Solutions Limited | 0.47% | 0.95% |
| Britannia Industries Limited | 0.46% | 0.72% |
| NTPC Limited | 1.16% | 0.44% |
| Tech Mahindra Limited | 0.77% | 0.41% |
| Varun Beverages Limited | 0.41% | 1.22% |
| Power Finance Corporation Limited | 0.37% | 1.87% |
| United Spirits Limited | 0.33% | 0.95% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 50.0% means 50.0% 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 Nifty 100 Index Fund
| Security | % of fund |
|---|---|
| ITC Limited | 1.84% |
| Titan Company Limited | 1.58% |
| Sun Pharmaceutical Industries Limited | 1.57% |
| Hindustan Unilever Limited | 1.31% |
| Tata Steel Limited | 1.14% |
Largest holdings only in Canara Robeco Balanced Advantage Fund
| Security | % of fund |
|---|---|
| 7.74% LIC Housing Finance Ltd (22/10/2027) | 2.48% |
| 7.745% KOTAK MAHINDRA PRIME LTD 19-NOV-27 | 2.47% |
| 7.44% National Bank For Agriculture & Rural Development (17/07/2029) | 2.46% |
| 6.97% Bajaj Housing Finance Ltd (17/07/2028) | 2.43% |
| 7.61% LIC Housing Finance Ltd (29/08/2034) | 2.41% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Nifty 100 Index | Canara Robeco Balanced Advantage |
|---|---|---|
| Equity | 101.5% | 78.1% |
| Debt | 0.0% | 19.5% |
| Cash and others | -1.5% | 2.4% |
Market cap of stocks
| Market cap | Bandhan Nifty 100 Index | Canara Robeco Balanced Advantage |
|---|---|---|
| Large Cap | 97.9% | 58.5% |
| Mid Cap | 3.6% | 6.6% |
| Small Cap | 0.0% | 13.0% |
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 | Bandhan Nifty 100 Index | Canara Robeco Balanced Advantage |
|---|---|---|
| Banks | 25.5% | 18.1% |
| Petroleum Products | 7.3% | 5.5% |
| IT - Software | 7.3% | 3.7% |
| Finance | 6.9% | 6.9% |
| Automobiles | 6.8% | 3.0% |
| Retailing | 3.0% | 4.7% |
| Pharmaceuticals & Biotechnology | 4.4% | 3.4% |
| Telecom - Services | 4.1% | 3.4% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Nifty 100 Index vs Canara Robeco Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Nifty 100 Index Fund | Canara Robeco Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.18% | 1.04% |
| Base expense ratio (Direct) | 0.08% | 0.77% |
| Total expense ratio (Regular) | 0.68% | 2.39% |
| Base expense ratio (Regular) | 0.51% | 1.93% |
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.
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Bandhan Nifty 100 Index Fund vs Canara Robeco Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Bandhan Nifty 100 Index Fund and Canara Robeco Balanced Advantage Fund?
Bandhan Nifty 100 Index Fund is an Index fund, Canara Robeco Balanced Advantage Fund is a Balanced Advantage fund, run by Bandhan Mutual Fund and Canara Robeco Mutual Fund. Their portfolios overlap 50.0%. Bandhan Nifty 100 Index Fund charges 0.18% a year and Canara Robeco Balanced Advantage Fund 1.04%.
Which has given higher returns, Bandhan Nifty 100 Index Fund or Canara Robeco Balanced Advantage Fund?
Over 1 year: Bandhan Nifty 100 Index Fund −8.85%, Canara Robeco Balanced Advantage Fund −5.03%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Nifty 100 Index Fund or Canara Robeco Balanced Advantage Fund?
Bandhan Nifty 100 Index Fund charges less: 0.18% a year against 1.04%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Nifty 100 Index Fund and Canara Robeco Balanced Advantage Fund overlap?
50.0%. They hold 34 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Nifty 100 Index Fund or Canara Robeco Balanced Advantage Fund?
On SEBI's riskometer, Bandhan Nifty 100 Index Fund is rated Very High and Canara Robeco Balanced Advantage Fund Very High. Over 1 years, the standard deviation of daily returns was 13.89% and 10.00% a year.
Can I invest in both Bandhan Nifty 100 Index Fund and Canara Robeco Balanced Advantage Fund?
Yes. 50.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan Nifty 100 Index Fund and Canara Robeco Balanced Advantage Fund?
Bandhan Nifty 100 Index Fund: Abhishek Jain. Canara Robeco Balanced Advantage Fund: Ennette Fernandes/Mr. Pranav Gokhale/ Ms. Suman Prasad/ Mr. Amit Kadam / Mr. Avnish Jain.
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.