Canara Robeco ELSS - Tax Saver Fund vs The Wealth Company Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco ELSS - Tax Saver Fund is an ELSS fund and The Wealth Company Balanced Advantage Fund is a Balanced Advantage fund. Canara Robeco ELSS - Tax Saver Fund charges 0.73% a year and The Wealth Company Balanced Advantage Fund 1.26% (Direct plans). Their portfolios overlap 23.6%: they hold 17 of the same securities.
Canara Robeco ELSS - Tax Saver Fund
ELSS
- Expense ratio
- 0.73%
- NAV
- ₹192.74
The Wealth Company Balanced Advantage Fund
Balanced Advantage
- Expense ratio
- 1.26%
- NAV
- ₹9.51
Which is better, Canara Robeco ELSS - Tax Saver or The Wealth Company 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 ELSS - Tax Saver costs less: 0.73% a year against 1.26% (Direct plans).
- The Wealth Company Balanced Advantage fell less in its worst fall since 19-02-2026: −9.1% against −12.0%.
- Canara Robeco ELSS - Tax Saver holds more in large companies: 73.5% of the fund in large caps against 36.2%.
- Canara Robeco ELSS - Tax Saver is the larger fund: ₹8,167 Cr against ₹43 Cr.
- Their portfolios overlap 23.6%: 17 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 ELSS - Tax Saver Fund | The Wealth Company Balanced Advantage Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | The Wealth Company Mutual Fund |
| Category | ELSS | Balanced Advantage |
| AUM | ₹8,167 Cr (30-09-2026) | ₹43 Cr (30-09-2026) |
| NAV | ₹192.74 (Direct) | ₹9.51 (Direct) |
| Expense ratio (Direct) | 0.73% | 1.26% |
| Expense ratio (Regular) | 1.85% | 3.29% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | CRISIL Hybrid 50+50 - Moderate Index |
| Launch date | 31-03-1993 | 16-02-2026 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | 3 years | None |
| Fund managers | Vishal Mishra / Mr. Shridatta Bhandwaldar | Aparna Shanker, Umesh Sharma, Varun Nanavati |
| Exit load | Nil | 1% - If redeemed/switched out within 180 days from the date of allotment. Nil - if redeemed/switched out after 180 days from the date of allotment |
Canara Robeco ELSS - Tax Saver vs The Wealth Company 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 |
|---|---|---|---|---|---|---|---|
| Canara Robeco ELSS - Tax Saver Fund (Direct) | +0.20% | −4.74% | −1.14% | −4.70% | +11.47% | +9.00% | +14.38% |
| The Wealth Company Balanced Advantage Fund (Direct) | −2.72% | −5.31% | −4.43% | -- | -- | -- | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | +13.05% |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | -- | -- | -- | -- |
Category average: the average of the 50 ELSS funds and the 38 Balanced Advantage funds, same plan type.
Canara Robeco ELSS - Tax Saver vs The Wealth Company Balanced Advantage: Year-wise Returns
| Year | Canara Robeco ELSS - Tax SaverCanara Robeco ELSS - Tax Saver | The Wealth Company Balanced AdvantageThe Wealth Company Balanced Advantage |
|---|---|---|
| 2026to date | −4.49% | -- |
| 2025 | +6.46% | -- |
| 2024 | +18.88% | -- |
| 2023 | +25.20% | -- |
| 2022 | +1.22% | -- |
| 2021 | +36.81% | -- |
Canara Robeco ELSS - Tax Saver vs The Wealth Company Balanced Advantage: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Canara Robeco ELSS - Tax Saver Fund
Canara Robeco ELSS - Tax Saver vs The Wealth Company Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Canara Robeco ELSS - Tax Saver Fund (Direct) | The Wealth Company Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.38% | −6.64% |
| Standard deviation | 15.25% | 10.28% |
| Sharpe ratio | 0.55 | -1.16 |
| Sortino ratio | 0.74 | -1.54 |
| Maximum drawdown | −34.3% (23-03-2020) | −9.1% (23-10-2026) |
| Beta | 0.94 | -- |
| Alpha | +1.96% | -- |
From daily NAVs, 02-01-2013 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 ELSS - Tax Saver Fund (Direct)
The Wealth Company Balanced Advantage Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Canara Robeco ELSS - Tax Saver Fund (Direct) | −12.0% | 23-02-2026 | 30-03-2026 | 06-07-2026 | 3 months | −6.9% |
| The Wealth Company Balanced Advantage Fund (Direct) | −9.1% | 25-08-2026 | 23-10-2026 | Not yet | -- | −7.2% |
| BSE 500 TRI | −12.6% | 23-02-2026 | 30-03-2026 | 31-07-2026 | 4 months | −7.8% |
From daily values since 19-02-2026, the first day every fund has.
Canara Robeco ELSS - Tax Saver vs The Wealth Company Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco ELSS - Tax Saver Fund, September 2026; The Wealth Company Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 23.6%
- Held by both
- 17
- Only in Canara Robeco ELSS - Tax Saver
- 57
- Only in The Wealth Company Balanced Advantage
- 35
| Security | % of Canara Robeco ELSS - Tax Saver | % of The Wealth Company Balanced Advantage |
|---|---|---|
| HDFC Bank Ltd | 6.22% | 3.08% |
| ICICI Bank Ltd | 6.82% | 2.64% |
| Divi's Laboratories Ltd | 2.79% | 2.40% |
| Eternal Ltd | 2.31% | 2.38% |
| Bajaj Finance Ltd | 2.74% | 1.96% |
| Torrent Pharmaceuticals Ltd | 1.66% | 1.92% |
| CG Power and Industrial Solutions Ltd | 1.65% | 2.41% |
| Mahindra & Mahindra Ltd | 1.24% | 1.71% |
| State Bank of India | 3.59% | 1.21% |
| Lenskart Solutions Ltd | 1.00% | 1.93% |
| Infosys Ltd | 2.96% | 0.99% |
| Bajaj Auto Ltd | 0.86% | 2.04% |
| Tech Mahindra Ltd | 0.76% | 1.61% |
| Cummins India Ltd | 0.67% | 1.73% |
| Trent Ltd | 0.52% | 0.64% |
| Jubilant Foodworks Ltd | 0.51% | 1.50% |
| Indus Towers Ltd | 0.47% | 0.18% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 23.6% means 23.6% 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 ELSS - Tax Saver Fund
| Security | % of fund |
|---|---|
| Reliance Industries Ltd | 4.05% |
| Larsen & Toubro Ltd | 3.42% |
| Bharti Airtel Ltd | 3.35% |
| Axis Bank Ltd | 2.83% |
| Samvardhana Motherson International Ltd | 1.94% |
Largest holdings only in The Wealth Company Balanced Advantage Fund
| Security | % of fund |
|---|---|
| 7.64% NABARD 06-DEC-2029 | 4.67% |
| 7.04% SIDBI 09-FEB-2029 | 4.62% |
| 7.57% Bajaj Finance Ltd 03-APR-2030 | 4.59% |
| Billionbrains Garage Ventures Ltd. | 3.01% |
| Sedemac Mechatronics Ltd. | 2.54% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco ELSS - Tax Saver | The Wealth Company Balanced Advantage |
|---|---|---|
| Equity | 97.8% | 73.1% |
| Debt | 0.0% | 24.4% |
| Cash and others | 2.2% | 2.5% |
Market cap of stocks
| Market cap | Canara Robeco ELSS - Tax Saver | The Wealth Company Balanced Advantage |
|---|---|---|
| Large Cap | 73.5% | 36.2% |
| Mid Cap | 16.9% | 11.5% |
| Small Cap | 7.4% | 22.6% |
| Not on AMFI's list | 0.0% | 2.9% |
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 ELSS - Tax Saver | The Wealth Company Balanced Advantage |
|---|---|---|
| Banks | 20.7% | 8.6% |
| Capital Markets | 2.0% | 7.5% |
| Pharmaceuticals & Biotechnology | 6.8% | 6.0% |
| Finance | 5.7% | 6.4% |
| Retailing | 6.3% | 5.0% |
| Auto Components | 4.0% | 6.1% |
| Automobiles | 5.1% | 3.8% |
| IT - Software | 4.4% | 2.6% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco ELSS - Tax Saver vs The Wealth Company Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco ELSS - Tax Saver Fund | The Wealth Company Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.73% | 1.26% |
| Base expense ratio (Direct) | 0.57% | 0.29% |
| Total expense ratio (Regular) | 1.85% | 3.29% |
| Base expense ratio (Regular) | 1.53% | 2.10% |
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 ELSS - Tax Saver with
- Canara Robeco ELSS - Tax Saver vs Motilal Oswal ELSS Tax Saver
- Canara Robeco ELSS - Tax Saver vs SBI Long Term Advantage Fund - Series V
- Canara Robeco ELSS - Tax Saver vs JM ELSS - Tax Saver
- Canara Robeco ELSS - Tax Saver vs WhiteOak Capital ELSS Tax Saver
- Canara Robeco ELSS - Tax Saver vs HSBC ELSS Tax saver
Compare The Wealth Company Balanced Advantage with
- The Wealth Company Balanced Advantage vs quant Dynamic Asset Allocation
- The Wealth Company Balanced Advantage vs Aditya Birla Sun Life Balanced Advantage
- The Wealth Company Balanced Advantage vs Baroda BNP Paribas Balanced Advantage
- The Wealth Company Balanced Advantage vs Axis Balanced Advantage
- The Wealth Company Balanced Advantage vs WhiteOak Capital Balanced Advantage
Canara Robeco ELSS - Tax Saver Fund vs The Wealth Company Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Canara Robeco ELSS - Tax Saver Fund and The Wealth Company Balanced Advantage Fund?
Canara Robeco ELSS - Tax Saver Fund is an ELSS fund, The Wealth Company Balanced Advantage Fund is a Balanced Advantage fund, run by Canara Robeco Mutual Fund and The Wealth Company Mutual Fund. Their portfolios overlap 23.6%. Canara Robeco ELSS - Tax Saver Fund charges 0.73% a year and The Wealth Company Balanced Advantage Fund 1.26%.
Which has the lower expense ratio, Canara Robeco ELSS - Tax Saver Fund or The Wealth Company Balanced Advantage Fund?
Canara Robeco ELSS - Tax Saver Fund charges less: 0.73% a year against 1.26%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Canara Robeco ELSS - Tax Saver Fund and The Wealth Company Balanced Advantage Fund overlap?
23.6%. They hold 17 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, DIVISLAB. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco ELSS - Tax Saver Fund or The Wealth Company Balanced Advantage Fund?
On SEBI's riskometer, Canara Robeco ELSS - Tax Saver Fund is rated Very High and The Wealth Company Balanced Advantage Fund Very High. Over their common history, the standard deviation of daily returns was 15.25% and 10.28% a year.
Can I invest in both Canara Robeco ELSS - Tax Saver Fund and The Wealth Company Balanced Advantage Fund?
Yes. 23.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Canara Robeco ELSS - Tax Saver Fund and The Wealth Company Balanced Advantage Fund?
Canara Robeco ELSS - Tax Saver Fund: Vishal Mishra / Mr. Shridatta Bhandwaldar. The Wealth Company Balanced Advantage Fund: Aparna Shanker, Umesh Sharma, Varun Nanavati.
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.