Canara Robeco Banking and Financial Services Fund vs Nippon India Power & Infra Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Banking and Financial Services Fund is a Sectoral fund and Nippon India Power & Infra Fund is a Sectoral fund. Canara Robeco Banking and Financial Services Fund charges 1.05% a year and Nippon India Power & Infra Fund 1.11% (Direct plans). Their portfolios overlap 2.2%: they hold 2 of the same securities.
Canara Robeco Banking and Financial Services Fund
Sectoral
- Expense ratio
- 1.05%
- NAV
- ₹10.26
Nippon India Power & Infra Fund
Sectoral
- Expense ratio
- 1.11%
- NAV
- ₹381.72
Which is better, Canara Robeco Banking and Financial Services or Nippon India Power & Infra? 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 Banking and Financial Services costs less: 1.05% a year against 1.11% (Direct plans).
- Canara Robeco Banking and Financial Services fell less in its worst fall since 23-03-2026: −10.0% against −12.8%.
- Canara Robeco Banking and Financial Services holds more in large companies: 62.5% of the fund in large caps against 47.1%.
- Nippon India Power & Infra is the larger fund: ₹7,867 Cr against ₹624 Cr.
- Their portfolios overlap 2.2%: 2 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 | Canara Robeco Banking and Financial Services Fund | Nippon India Power & Infra Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | Nippon India Mutual Fund |
| Category | Sectoral | Sectoral |
| AUM | ₹624 Cr (30-09-2026) | ₹7,867 Cr (30-09-2026) |
| NAV | ₹10.26 (Direct) | ₹381.72 (Direct) |
| Expense ratio (Direct) | 1.05% | 1.11% |
| Expense ratio (Regular) | 2.65% | 1.96% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Infrastructure TRI |
| Launch date | 20-03-2026 | 08-05-2004 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Amit Kadam / Mr. Shridatta Bhandwaldar | Rahul Modi |
| Exit load | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days. | Exit load of 1% if redeemed within 1 month. |
Canara Robeco Banking and Financial Services vs Nippon India Power & Infra: 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 |
|---|---|---|---|---|---|---|---|
| Canara Robeco Banking and Financial Services Fund (Direct) | −1.91% | −5.96% | −1.44% | -- | -- | -- | -- |
| Nippon India Power & Infra Fund (Direct) | −5.27% | −7.40% | −7.57% | −2.17% | +16.41% | +18.38% | +16.60% |
| Sectoral average | −1.70% | −4.49% | +2.30% | −0.58% | +15.61% | +14.51% | +14.77% |
Category average: the average of the 20 Sectoral funds, same plan type.
Canara Robeco Banking and Financial Services vs Nippon India Power & Infra: Year-wise Returns
| Year | Canara Robeco Banking and Financial ServicesCanara Robeco Banking and Financial Services | Nippon India Power & InfraNippon India Power & Infra |
|---|---|---|
| 2026to date | -- | +1.60% |
| 2025 | -- | +0.37% |
| 2024 | -- | +27.98% |
| 2023 | -- | +59.03% |
| 2022 | -- | +11.64% |
| 2021 | -- | +49.69% |
Canara Robeco Banking and Financial Services vs Nippon India Power & Infra: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of Canara Robeco Banking and Financial Services Fund
Canara Robeco Banking and Financial Services vs Nippon India Power & Infra: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Canara Robeco Banking and Financial Services Fund (Direct) | Nippon India Power & Infra Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.26% | +14.28% |
| Standard deviation | 15.54% | 18.67% |
| Sharpe ratio | 0.06 | 0.44 |
| Sortino ratio | 0.09 | 0.59 |
| Maximum drawdown | −10.0% (27-10-2026) | −53.2% (24-03-2020) |
| Beta | 0.78 | 0.87 |
| Alpha | −0.14% | +4.30% |
From daily NAVs, 23-03-2026 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.
Canara Robeco Banking and Financial Services Fund (Direct)
Nippon India Power & Infra 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 |
|---|---|---|---|---|---|---|
| Canara Robeco Banking and Financial Services Fund (Direct) | −10.0% | 31-08-2026 | 27-10-2026 | Not yet | -- | −9.0% |
| Nippon India Power & Infra Fund (Direct) | −12.8% | 22-06-2026 | 23-10-2026 | Not yet | -- | −10.8% |
| 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.
Canara Robeco Banking and Financial Services vs Nippon India Power & Infra: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Banking and Financial Services Fund, September 2026; Nippon India Power & Infra Fund, September 2026
Holdings in common
- Overlap
- 2.2%
- Held by both
- 2
- Only in Canara Robeco Banking and Financial Services
- 28
- Only in Nippon India Power & Infra
- 82
| Security | % of Canara Robeco Banking and Financial Services | % of Nippon India Power & Infra |
|---|---|---|
| HDFC Bank Ltd | 10.82% | 1.35% |
| Multi Commodity Exchange Of India Ltd | 2.41% | 0.84% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 2.2% means 2.2% 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 Canara Robeco Banking and Financial Services Fund
| Security | % of fund |
|---|---|
| ICICI Bank Ltd | 10.32% |
| State Bank of India | 7.45% |
| Axis Bank Ltd | 7.20% |
| Bajaj Finance Ltd | 5.32% |
| Kotak Mahindra Bank Ltd | 5.25% |
Largest holdings only in Nippon India Power & Infra Fund
| Security | % of fund |
|---|---|
| Reliance Industries Limited | 7.03% |
| Larsen & Toubro Limited | 5.33% |
| NTPC Limited | 5.17% |
| NTPC Green Energy Limited | 4.29% |
| Bharat Heavy Electricals Limited | 3.38% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Banking and Financial Services | Nippon India Power & Infra |
|---|---|---|
| Equity | 96.1% | 99.3% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.9% | 0.7% |
Market cap of stocks
| Market cap | Canara Robeco Banking and Financial Services | Nippon India Power & Infra |
|---|---|---|
| Large Cap | 62.5% | 47.1% |
| Mid Cap | 17.0% | 23.1% |
| Small Cap | 16.5% | 25.0% |
| Not on AMFI's list | 0.0% | 4.0% |
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 | Canara Robeco Banking and Financial Services | Nippon India Power & Infra |
|---|---|---|
| Banks | 52.6% | 1.4% |
| Finance | 21.2% | 4.0% |
| Power | 0.0% | 18.3% |
| Electrical Equipment | 0.0% | 15.2% |
| Capital Markets | 13.4% | 0.8% |
| Auto Components | 0.0% | 7.6% |
| Petroleum Products | 0.0% | 7.0% |
| Construction | 0.0% | 7.0% |
| Industrial Products | 0.0% | 6.3% |
| Financial Technology (Fintech) | 5.3% | 0.0% |
| Insurance | 3.5% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco Banking and Financial Services vs Nippon India Power & Infra: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Banking and Financial Services Fund | Nippon India Power & Infra Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.05% | 1.11% |
| Base expense ratio (Direct) | 0.70% | 0.81% |
| Total expense ratio (Regular) | 2.65% | 1.96% |
| Base expense ratio (Regular) | 2.06% | 1.54% |
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 Canara Robeco Banking and Financial Services with
Canara Robeco Banking and Financial Services Fund vs Nippon India Power & Infra Fund: Frequently Asked Questions
What is the difference between Canara Robeco Banking and Financial Services Fund and Nippon India Power & Infra Fund?
Canara Robeco Banking and Financial Services Fund is a Sectoral fund, Nippon India Power & Infra Fund is a Sectoral fund, run by Canara Robeco Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 2.2%. Canara Robeco Banking and Financial Services Fund charges 1.05% a year and Nippon India Power & Infra Fund 1.11%.
Which has the lower expense ratio, Canara Robeco Banking and Financial Services Fund or Nippon India Power & Infra Fund?
Canara Robeco Banking and Financial Services Fund charges less: 1.05% a year against 1.11%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Canara Robeco Banking and Financial Services Fund and Nippon India Power & Infra Fund overlap?
2.2%. They hold 2 of the same securities, the largest shared ones being HDFCBANK, MCX. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Banking and Financial Services Fund or Nippon India Power & Infra Fund?
On SEBI's riskometer, Canara Robeco Banking and Financial Services Fund is rated Very High and Nippon India Power & Infra Fund Very High. Over their common history, the standard deviation of daily returns was 15.54% and 18.67% a year.
Can I invest in both Canara Robeco Banking and Financial Services Fund and Nippon India Power & Infra Fund?
Yes. 2.2% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Canara Robeco Banking and Financial Services Fund and Nippon India Power & Infra Fund?
Canara Robeco Banking and Financial Services Fund: Amit Kadam / Mr. Shridatta Bhandwaldar. Nippon India Power & Infra Fund: Rahul Modi.
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.