Canara Robeco Focused Fund vs Union Focused Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Focused Fund and Union Focused Fund are both Focused funds. In the 3 years to 30-10-2026, Canara Robeco Focused Fund (Direct) returned 12.5% a year and Union Focused Fund (Direct) returned 11.5% a year. Canara Robeco Focused Fund charges 0.83% a year and Union Focused Fund 1.55% (Direct plans). Their portfolios overlap 35.8%: they hold 11 of the same securities.
Canara Robeco Focused Fund
Focused
- 3 year return
- 12.5%
- Expense ratio
- 0.83%
- NAV
- ₹20.40
Which is better, Canara Robeco Focused or Union Focused? 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 Focused returned more over 5 years: 10.8% a year against 8.8%.
- Canara Robeco Focused returned more over 3 years: 12.5% a year against 11.5%.
- Canara Robeco Focused costs less: 0.83% a year against 1.55% (Direct plans).
- Canara Robeco Focused swung less over 3 years: a standard deviation of 13.6% a year against 15.0%.
- Canara Robeco Focused fell less in its worst fall since 18-05-2021: −18.1% against −18.4%.
- Canara Robeco Focused is the larger fund: ₹2,730 Cr against ₹433 Cr.
- Their portfolios overlap 35.8%: 11 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 Focused Fund | Union Focused Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | Union Mutual Fund |
| Category | Focused | Focused |
| AUM | ₹2,730 Cr (30-09-2026) | ₹433 Cr (30-09-2026) |
| NAV | ₹20.40 (Direct) | ₹28.47 (Direct) |
| Expense ratio (Direct) | 0.83% | 1.55% |
| Expense ratio (Regular) | 2.19% | 2.55% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | BSE 500 TRI |
| Launch date | 17-05-2021 | 05-08-2019 |
| Minimum investment | ₹5,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Shridatta Bhandwaldar / Mr. Amit Kadam | Pratik Dharmshi, Vinod Malviya |
| Exit load | 1% - If redeemed/switched out within 365 days from the date of allotment, Nil - if redeemed/switched out after 365 days from the date of allotment | Exit load of 1%, if redeemed within 15 days. |
Canara Robeco Focused vs Union Focused: 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 Focused Fund (Direct) | −0.10% | −5.47% | −0.68% | −8.23% | +12.52% | +10.83% | -- |
| Union Focused Fund (Direct) | +0.28% | −2.47% | +3.79% | +2.74% | +11.50% | +8.82% | -- |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | +10.21% | -- |
Category average: the average of the 28 Focused funds, same plan type.
Canara Robeco Focused vs Union Focused: Year-wise Returns
| Year | Canara RobecoCanara Robeco Focused | UnionUnion Focused | BSE 500 TRI |
|---|---|---|---|
| 2026to date | −7.23% | +6.75% | −7.81% |
| 2025 | +7.74% | −0.89% | +7.63% |
| 2024 | +25.45% | +17.51% | +15.81% |
| 2023 | +25.25% | +22.00% | +26.55% |
| 2022 | +3.42% | +0.86% | +4.77% |
| 2021 | -- | +35.44% | +31.63% |
Canara Robeco Focused vs Union Focused: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 604 of them, one for each trading day from 21-05-2024 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.
Canara Robeco Focused Fund (Direct)
Union Focused Fund (Direct)
BSE 500 TRI
to
Jul 2024Dec 2021
to
Dec 2024May 2022
to
May 2025Oct 2022
to
Oct 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Canara Robeco Focused | 0.0 | 0.0 | 0.0 | 17.2 | 58.1 | 23.7 | 1.0 | 18.2% | 18.7% | 10.9% | 25.5% | 100% |
| Union Focused | 0.0 | 0.0 | 2.8 | 75.8 | 21.4 | 0.0 | 0.0 | 13.6% | 13.6% | 8.7% | 18.7% | 19% |
| BSE 500 TRI | 0.0 | 0.0 | 4.0 | 33.8 | 53.8 | 8.4 | 0.0 | 15.7% | 15.7% | 8.4% | 22.0% | -- |
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 BSE 500 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 18-05-2021. Past returns do not promise future returns.
Canara Robeco Focused vs Union Focused: 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 18-05-2021 to 30-10-2026: 66 instalments, ₹6,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Canara Robeco FocusedCanara Robeco Focused Fund (Direct) | ₹6,60,000 | ₹8,71,332 | ₹2,11,332 | 10.0% |
| Union FocusedUnion Focused Fund (Direct) | ₹6,60,000 | ₹8,67,406 | ₹2,07,406 | 9.9% |
Canara Robeco FocusedCanara Robeco Focused Fund (Direct)
Union FocusedUnion Focused 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.
Canara Robeco Focused vs Union Focused: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Canara Robeco Focused Fund (Direct) | Union Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.23% | +2.74% |
| Standard deviation | 14.38% | 15.81% |
| Sharpe ratio | -0.94 | -0.16 |
| Sortino ratio | -1.25 | -0.21 |
| Maximum drawdown | −14.9% (30-03-2026) | −11.7% (23-03-2026) |
| Beta | 0.98 | 1.01 |
| Alpha | −0.89% | +10.48% |
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 | Canara Robeco Focused Fund (Direct) | Union Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.52% | +11.50% |
| Standard deviation | 13.59% | 14.98% |
| Sharpe ratio | 0.48 | 0.37 |
| Sortino ratio | 0.66 | 0.49 |
| Maximum drawdown | −16.5% (28-02-2025) | −17.0% (28-02-2025) |
| Beta | 0.92 | 0.99 |
| Alpha | +2.93% | +1.64% |
From daily NAVs, 30-10-2023 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.
| Measure | Canara Robeco Focused Fund (Direct) | Union Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.83% | +8.82% |
| Standard deviation | 13.48% | 14.29% |
| Sharpe ratio | 0.37 | 0.21 |
| Sortino ratio | 0.51 | 0.28 |
| Maximum drawdown | −18.1% (17-06-2022) | −18.4% (17-06-2022) |
| Beta | 0.91 | 0.94 |
| Alpha | +2.44% | +0.32% |
From daily NAVs, 29-10-2021 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 | Canara Robeco Focused Fund (Direct) | Union Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.68% | +15.58% |
| Standard deviation | 13.22% | 16.84% |
| Sharpe ratio | 0.61 | 0.62 |
| Sortino ratio | 0.85 | 0.84 |
| Maximum drawdown | −18.1% (17-06-2022) | −34.0% (23-03-2020) |
| Beta | 0.91 | 0.93 |
| Alpha | +2.94% | +1.74% |
From daily NAVs, 18-05-2021 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 Focused Fund (Direct)
Union Focused 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 Focused Fund (Direct) | −18.1% | 17-01-2022 | 17-06-2022 | 13-09-2022 | 3 months | −8.6% |
| Union Focused Fund (Direct) | −18.4% | 17-01-2022 | 17-06-2022 | 01-12-2022 | 5 months | −6.1% |
| BSE 500 TRI | −18.7% | 26-09-2024 | 28-02-2025 | Not yet | -- | −9.4% |
From daily values since 18-05-2021, 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.
Canara Robeco Focused Fund (Direct)
Union Focused Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Canara Robeco Focused Fund (Direct)
Union Focused Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Canara Robeco Focused Fund (Direct)
Union Focused Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Canara Robeco Focused Fund (Direct) | 101% | 85% | 4.31% |
| Union Focused Fund (Direct) | 91% | 79% | 5.36% |
From month-end values since 18-05-2021. 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.
Canara Robeco Focused vs Union Focused: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Focused Fund, September 2026; Union Focused Fund, September 2026
Holdings in common
- Overlap
- 35.8%
- Held by both
- 11
- Only in Canara Robeco Focused
- 19
- Only in Union Focused
- 20
| Security | % of Canara Robeco Focused | % of Union Focused |
|---|---|---|
| ICICI Bank Ltd | 8.92% | 8.77% |
| Eternal Ltd | 4.31% | 4.35% |
| HDFC Bank Ltd | 6.83% | 4.09% |
| Torrent Pharmaceuticals Ltd | 3.86% | 4.19% |
| Max Healthcare Institute Ltd | 4.49% | 3.39% |
| Bharti Airtel Ltd | 4.26% | 2.92% |
| Shriram Finance Ltd | 2.75% | 2.99% |
| Larsen & Toubro Ltd | 4.03% | 2.09% |
| Bharat Electronics Ltd | 1.73% | 3.73% |
| Ge Vernova T&D India Ltd | 1.01% | 3.59% |
| Infosys Ltd | 0.91% | 2.76% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.8% means 35.8% 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 Focused Fund
| Security | % of fund |
|---|---|
| Reliance Industries Ltd | 4.22% |
| Divi's Laboratories Ltd | 4.05% |
| TVS Motor Co Ltd | 3.96% |
| Kotak Mahindra Bank Ltd | 3.80% |
| Bajaj Finance Ltd | 3.77% |
Largest holdings only in Union Focused Fund
| Security | % of fund |
|---|---|
| Solar Industries India Ltd. | 5.47% |
| Gabriel India Ltd. | 4.81% |
| Navin Fluorine International Ltd. | 4.34% |
| Tata Consumer Products Ltd. | 4.10% |
| Multi Commodity Exchange of India Ltd. | 4.03% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Focused | Union Focused |
|---|---|---|
| Equity | 95.3% | 98.8% |
| Debt | 0.0% | 0.1% |
| Cash and others | 4.8% | 1.1% |
Market cap of stocks
| Market cap | Canara Robeco Focused | Union Focused |
|---|---|---|
| Large Cap | 65.5% | 59.0% |
| Mid Cap | 21.5% | 16.0% |
| Small Cap | 8.3% | 23.9% |
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 Focused | Union Focused |
|---|---|---|
| Banks | 19.6% | 22.9% |
| Electrical Equipment | 1.0% | 12.9% |
| Retailing | 11.3% | 6.5% |
| Chemicals & Petrochemicals | 2.5% | 9.8% |
| Finance | 8.7% | 3.0% |
| Pharmaceuticals & Biotechnology | 7.9% | 7.0% |
| Auto Components | 0.0% | 6.4% |
| IT - Services | 4.6% | 0.0% |
| Healthcare Services | 4.5% | 3.4% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco Focused vs Union Focused: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Focused Fund | Union Focused Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.83% | 1.55% |
| Base expense ratio (Direct) | 0.53% | 1.25% |
| Total expense ratio (Regular) | 2.19% | 2.55% |
| Base expense ratio (Regular) | 1.70% | 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 Focused with
Canara Robeco Focused Fund vs Union Focused Fund: Frequently Asked Questions
What is the difference between Canara Robeco Focused Fund and Union Focused Fund?
Both are Focused funds, run by Canara Robeco Mutual Fund and Union Mutual Fund. Their portfolios overlap 35.8%. Canara Robeco Focused Fund charges 0.83% a year and Union Focused Fund 1.55%.
Which has given higher returns, Canara Robeco Focused Fund or Union Focused Fund?
Over 1 year: Canara Robeco Focused Fund −8.23%, Union Focused Fund +2.74%. Over 3 years: Canara Robeco Focused Fund +12.52% a year, Union Focused Fund +11.50% a year. Over 5 years: Canara Robeco Focused Fund +10.83% a year, Union Focused Fund +8.82% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Canara Robeco Focused Fund or Union Focused Fund?
Canara Robeco Focused Fund charges less: 0.83% a year against 1.55%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Canara Robeco Focused Fund and Union Focused Fund overlap?
35.8%. They hold 11 of the same securities, the largest shared ones being ICICIBANK, ETERNAL, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Focused Fund or Union Focused Fund?
On SEBI's riskometer, Canara Robeco Focused Fund is rated Very High and Union Focused Fund Very High. Over 3 years, the standard deviation of daily returns was 13.59% and 14.98% a year.
Which is better for SIP, Canara Robeco Focused Fund or Union Focused Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,77,140 in Canara Robeco Focused Fund (XIRR 9.5% a year) and ₹7,80,007 in Union Focused Fund (XIRR 9.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Canara Robeco Focused Fund and Union Focused Fund?
Yes. 35.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Canara Robeco Focused Fund and Union Focused Fund?
Canara Robeco Focused Fund: Shridatta Bhandwaldar / Mr. Amit Kadam. Union Focused Fund: Pratik Dharmshi, Vinod Malviya.
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.