Canara Robeco Banking and Financial Services Fund vs Tata Banking & Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Banking and Financial Services Fund is a Sectoral fund and Tata Banking & Financial Services Fund is a Thematic fund. Canara Robeco Banking and Financial Services Fund charges 1.05% a year and Tata Banking & Financial Services Fund 0.94% (Direct plans). Their portfolios overlap 66.0%: they hold 19 of the same securities.
Canara Robeco Banking and Financial Services Fund
Sectoral
- Expense ratio
- 1.05%
- NAV
- ₹10.26
Tata Banking & Financial Services Fund
Thematic
- Expense ratio
- 0.94%
- NAV
- ₹47.92
Which is better, Canara Robeco Banking and Financial Services or Tata Banking & 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.
- Tata Banking & Financial Services costs less: 0.94% 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 −11.2%.
- Tata Banking & Financial Services is the larger fund: ₹3,053 Cr against ₹624 Cr.
- Their portfolios overlap 66.0%: 19 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 | Tata Banking & Financial Services Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | Tata Mutual Fund |
| Category | Sectoral | Thematic |
| AUM | ₹624 Cr (30-09-2026) | ₹3,053 Cr (30-09-2026) |
| NAV | ₹10.26 (Direct) | ₹47.92 (Direct) |
| Expense ratio (Direct) | 1.05% | 0.94% |
| Expense ratio (Regular) | 2.65% | 2.24% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 20-03-2026 | 28-12-2015 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Amit Kadam / Mr. Shridatta Bhandwaldar | Kapil Malhotra |
| Exit load | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days. | 0.25% of NAV if redeemed /switched out before 30 days from the date of allotment. |
Canara Robeco Banking and Financial Services vs Tata Banking & 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 |
|---|---|---|---|---|---|---|---|
| Canara Robeco Banking and Financial Services Fund (Direct) | −1.91% | −5.96% | −1.44% | -- | -- | -- | -- |
| Tata Banking & Financial Services Fund (Direct) | −3.13% | −7.12% | −3.81% | −8.46% | +10.13% | +10.01% | +13.54% |
| Sectoral average | −1.70% | −4.49% | +2.30% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 20 Sectoral funds and the 235 Thematic funds, same plan type.
Canara Robeco Banking and Financial Services vs Tata Banking & Financial Services: Year-wise Returns
| Year | Canara Robeco Banking andCanara Robeco Banking and Financial Services | Tata Banking &Tata Banking & Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | -- | −9.63% | −9.69% |
| 2025 | -- | +19.22% | +18.60% |
| 2024 | -- | +10.64% | +10.52% |
| 2023 | -- | +23.84% | +14.31% |
| 2022 | -- | +18.82% | +10.47% |
| 2021 | -- | +13.63% | +14.55% |
Canara Robeco Banking and Financial Services vs Tata Banking & Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Canara Robeco Banking and Financial Services vs Tata Banking & Financial Services: 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) | Tata Banking & Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.26% | +15.51% |
| Standard deviation | 15.54% | 18.79% |
| Sharpe ratio | 0.06 | 0.53 |
| Sortino ratio | 0.09 | 0.73 |
| Maximum drawdown | −10.0% (27-10-2026) | −41.6% (23-03-2020) |
| Beta | 0.78 | 0.87 |
| Alpha | −0.14% | +3.29% |
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)
Tata Banking & 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 |
|---|---|---|---|---|---|---|
| Canara Robeco Banking and Financial Services Fund (Direct) | −10.0% | 31-08-2026 | 27-10-2026 | Not yet | -- | −9.0% |
| Tata Banking & Financial Services Fund (Direct) | −11.2% | 31-08-2026 | 27-10-2026 | Not yet | -- | −10.5% |
| 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 Tata Banking & Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Banking and Financial Services Fund, September 2026; Tata Banking & Financial Services Fund, September 2026
Holdings in common
- Overlap
- 66.0%
- Held by both
- 19
- Only in Canara Robeco Banking and Financial Services
- 11
- Only in Tata Banking & Financial Services
- 17
| Security | % of Canara Robeco Banking and Financial Services | % of Tata Banking & Financial Services |
|---|---|---|
| HDFC Bank Ltd | 10.82% | 11.94% |
| ICICI Bank Ltd | 10.32% | 10.39% |
| State Bank of India | 7.45% | 7.20% |
| Axis Bank Ltd | 7.20% | 6.75% |
| Kotak Mahindra Bank Ltd | 5.25% | 5.61% |
| Bajaj Finance Ltd | 5.32% | 4.49% |
| Shriram Finance Ltd | 3.95% | 2.97% |
| One 97 Communications Ltd | 4.31% | 2.80% |
| Multi Commodity Exchange Of India Ltd | 2.41% | 2.45% |
| RBL Bank Ltd | 2.78% | 1.62% |
| Max Financial Services Ltd | 2.49% | 1.61% |
| Karur Vysya Bank Ltd | 2.89% | 1.56% |
| 360 One Wam Ltd | 1.62% | 1.48% |
| Prudent Corporate Advisory Services Ltd | 1.72% | 1.45% |
| Ujjivan Small Finance Bank Ltd | 4.11% | 1.13% |
| Cholamandalam Investment and Finance Co Ltd | 2.62% | 1.13% |
| Mahindra & Mahindra Financial Services Ltd | 1.10% | 1.21% |
| PB Fintech Ltd | 1.03% | 2.81% |
| Aadhar Housing Finance Ltd | 2.39% | 0.86% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 66.0% means 66.0% 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 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% |
| ICICI Prudential Asset Management Co Ltd | 1.86% |
| Indian Bank | 1.78% |
Largest holdings only in Tata Banking & Financial Services Fund
| Security | % of fund |
|---|---|
| SBI LIFE INSURANCE COMPANY LTD | 3.73% |
| PNB HOUSING FINANCE LTD | 2.56% |
| STAR HEALTH AND ALLIED INSURANCE COMPANY LTD | 2.25% |
| PIRAMAL FINANCE LTD | 2.13% |
| CITY UNION BANK LTD | 2.07% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Banking and Financial Services | Tata Banking & Financial Services |
|---|---|---|
| Equity | 96.1% | 98.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.9% | 1.4% |
Market cap of stocks
| Market cap | Canara Robeco Banking and Financial Services | Tata Banking & Financial Services |
|---|---|---|
| Large Cap | 62.5% | 55.8% |
| Mid Cap | 17.0% | 17.4% |
| Small Cap | 16.5% | 23.6% |
| Not on AMFI's list | 0.0% | 1.8% |
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 | Tata Banking & Financial Services |
|---|---|---|
| Banks | 52.6% | 53.1% |
| Finance | 21.2% | 20.9% |
| Capital Markets | 13.4% | 8.3% |
| Insurance | 3.5% | 10.8% |
| Financial Technology (Fintech) | 5.3% | 5.6% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco Banking and Financial Services vs Tata Banking & Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Banking and Financial Services Fund | Tata Banking & Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.05% | 0.94% |
| Base expense ratio (Direct) | 0.70% | 0.51% |
| Total expense ratio (Regular) | 2.65% | 2.24% |
| Base expense ratio (Regular) | 2.06% | 1.67% |
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 vs DSP Healthcare
- Canara Robeco Banking and Financial Services vs Nippon India Pharma
- Canara Robeco Banking and Financial Services vs Bandhan Transportation and Logistics
- Canara Robeco Banking and Financial Services vs Nippon India Power & Infra
- Canara Robeco Banking and Financial Services vs Invesco India Financial Services
Compare Tata Banking & Financial Services with
- Tata Banking & Financial Services vs Nippon India Taiwan Equity
- Tata Banking & Financial Services vs HDFC Defence
- Tata Banking & Financial Services vs HDFC Pharma and Healthcare
- Tata Banking & Financial Services vs SBI Healthcare Opportunities
- Tata Banking & Financial Services vs Aditya Birla Sun Life International Equity
Canara Robeco Banking and Financial Services Fund vs Tata Banking & Financial Services Fund: Frequently Asked Questions
What is the difference between Canara Robeco Banking and Financial Services Fund and Tata Banking & Financial Services Fund?
Canara Robeco Banking and Financial Services Fund is a Sectoral fund, Tata Banking & Financial Services Fund is a Thematic fund, run by Canara Robeco Mutual Fund and Tata Mutual Fund. Their portfolios overlap 66.0%. Canara Robeco Banking and Financial Services Fund charges 1.05% a year and Tata Banking & Financial Services Fund 0.94%.
Which has the lower expense ratio, Canara Robeco Banking and Financial Services Fund or Tata Banking & Financial Services Fund?
Tata Banking & Financial Services Fund charges less: 0.94% a year against 1.05%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Canara Robeco Banking and Financial Services Fund and Tata Banking & Financial Services Fund overlap?
66.0%. They hold 19 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Banking and Financial Services Fund or Tata Banking & Financial Services Fund?
On SEBI's riskometer, Canara Robeco Banking and Financial Services Fund is rated Very High and Tata Banking & Financial Services Fund Very High. Over their common history, the standard deviation of daily returns was 15.54% and 18.79% a year.
Can I invest in both Canara Robeco Banking and Financial Services Fund and Tata Banking & Financial Services Fund?
Yes. 66.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Canara Robeco Banking and Financial Services Fund and Tata Banking & Financial Services Fund?
Canara Robeco Banking and Financial Services Fund: Amit Kadam / Mr. Shridatta Bhandwaldar. Tata Banking & Financial Services Fund: Kapil Malhotra.
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.