Canara Robeco Large Cap Fund vs HSBC Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Large Cap Fund is a Large Cap fund and HSBC Balanced Advantage Fund is a Balanced Advantage fund. In the 3 years to 30-10-2026, Canara Robeco Large Cap Fund (Direct) returned 10.5% a year and HSBC Balanced Advantage Fund (Direct) returned 9.1% a year. Canara Robeco Large Cap Fund charges 0.63% a year and HSBC Balanced Advantage Fund 1.16% (Direct plans). Their portfolios overlap 41.5%: they hold 30 of the same securities.
Canara Robeco Large Cap Fund
Large Cap
- 3 year return
- 10.5%
- Expense ratio
- 0.63%
- NAV
- ₹69.35
HSBC Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 9.1%
- Expense ratio
- 1.16%
- NAV
- ₹50.41
Which is better, Canara Robeco Large Cap or HSBC 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 Large Cap returned more over 3 years: 10.5% a year against 9.1%.
- HSBC Balanced Advantage returned more over 1 year: −1.6% against −7.9%.
- Canara Robeco Large Cap costs less: 0.63% a year against 1.16% (Direct plans).
- HSBC Balanced Advantage swung less over 3 years: a standard deviation of 7.1% a year against 13.1%.
- HSBC Balanced Advantage fell less in its worst fall since 28-11-2022: −8.7% against −14.8%.
- Canara Robeco Large Cap holds more in large companies: 87.0% of the fund in large caps against 47.5%.
- Canara Robeco Large Cap is the larger fund: ₹15,963 Cr against ₹1,474 Cr.
- Their portfolios overlap 41.5%: 30 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 Large Cap Fund | HSBC Balanced Advantage Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | HSBC Mutual Fund |
| Category | Large Cap | Balanced Advantage |
| AUM | ₹15,963 Cr (30-09-2026) | ₹1,474 Cr (30-09-2026) |
| NAV | ₹69.35 (Direct) | ₹50.41 (Direct) |
| Expense ratio (Direct) | 0.63% | 1.16% |
| Expense ratio (Regular) | 1.76% | 2.49% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 100 TRI | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 20-08-2010 | 07-02-2011 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Shridatta Bhandwaldar / Mr. Vishal Mishra | Neelotpal Sahai, Prakriti Banka, Praveen Ayathan, Mahesh Chhabria, Mohd. Asif Rizwi, Mayank Chaturvedi |
| Exit load | 1% - if redeemed/switched out within 1 year from the date of allotment, Nil – if redeemed / switched out after 1 year from the date of allotment | Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year |
Canara Robeco Large Cap vs HSBC 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 Large Cap Fund (Direct) | +1.42% | −4.45% | −1.00% | −7.88% | +10.46% | +8.31% | +13.41% |
| HSBC Balanced Advantage Fund (Direct) | −1.08% | −2.67% | +0.46% | −1.58% | +9.10% | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
Category average: the average of the 35 Large Cap funds and the 38 Balanced Advantage funds, same plan type.
Canara Robeco Large Cap vs HSBC Balanced Advantage: Year-wise Returns
| Year | Canara Robeco Large CapCanara Robeco Large Cap | HSBC Balanced AdvantageHSBC Balanced Advantage |
|---|---|---|
| 2026to date | −7.88% | −1.98% |
| 2025 | +8.58% | +4.16% |
| 2024 | +19.21% | +16.96% |
| 2023 | +23.74% | +19.56% |
| 2022 | +2.29% | -- |
| 2021 | +26.51% | -- |
Canara Robeco Large Cap vs HSBC Balanced Advantage: Rolling Returns
Every holding period of both funds, against BSE 100 TRI, the benchmark of Canara Robeco Large Cap Fund
Rolling returns
Every 3-year holding period, 226 of them, one for each trading day from 28-11-2025 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.
Canara Robeco Large Cap Fund (Direct)
HSBC Balanced Advantage Fund (Direct)
BSE 100 TRI
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 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 Large Cap | 0.0 | 0.0 | 10.2 | 57.1 | 32.7 | 0.0 | 0.0 | 13.4% | 12.9% | 8.4% | 17.8% | 100% |
| HSBC Balanced Advantage | 0.0 | 0.0 | 15.9 | 84.1 | 0.0 | 0.0 | 0.0 | 11.3% | 11.1% | 8.5% | 13.8% | 28% |
| BSE 100 TRI | 0.0 | 0.0 | 19.0 | 62.4 | 18.6 | 0.0 | 0.0 | 12.2% | 11.9% | 7.0% | 16.3% | -- |
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 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 28-11-2022. Past returns do not promise future returns.
Canara Robeco Large Cap vs HSBC 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 01-11-2022 to 30-10-2026: 48 instalments, ₹4,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Canara Robeco Large CapCanara Robeco Large Cap Fund (Direct) | ₹4,80,000 | ₹5,39,532 | ₹59,532 | 5.8% |
| HSBC Balanced AdvantageHSBC Balanced Advantage Fund (Direct) | ₹4,80,000 | ₹5,43,966 | ₹63,966 | 6.2% |
Canara Robeco Large CapCanara Robeco Large Cap Fund (Direct)
HSBC Balanced AdvantageHSBC 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.
Canara Robeco Large Cap vs HSBC Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Canara Robeco Large Cap Fund (Direct) | HSBC Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.88% | −1.58% |
| Standard deviation | 13.80% | 7.17% |
| Sharpe ratio | -0.95 | -0.95 |
| Sortino ratio | -1.27 | -1.27 |
| Maximum drawdown | −14.6% (30-03-2026) | −7.0% (30-03-2026) |
| Beta | 0.99 | -- |
| Alpha | +0.88% | -- |
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 Large Cap Fund (Direct) | HSBC Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.46% | +9.10% |
| Standard deviation | 13.05% | 7.08% |
| Sharpe ratio | 0.34 | 0.44 |
| Sortino ratio | 0.47 | 0.59 |
| Maximum drawdown | −14.8% (28-02-2025) | −8.7% (03-03-2025) |
| Beta | 0.95 | -- |
| Alpha | +1.62% | -- |
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 Large Cap Fund (Direct) | HSBC Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.46% | +9.44% |
| Standard deviation | 15.05% | 6.55% |
| Sharpe ratio | 0.49 | 0.50 |
| Sortino ratio | 0.68 | 0.67 |
| Maximum drawdown | −32.6% (23-03-2020) | −8.7% (03-03-2025) |
| Beta | 0.93 | -- |
| Alpha | +1.78% | -- |
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 Large Cap Fund (Direct)
HSBC Balanced Advantage Fund (Direct)
BSE 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Canara Robeco Large Cap Fund (Direct) | −14.8% | 26-09-2024 | 28-02-2025 | 17-10-2025 | 8 months | −8.6% |
| HSBC Balanced Advantage Fund (Direct) | −8.7% | 11-12-2024 | 03-03-2025 | 15-07-2025 | 4 months | −4.1% |
| BSE 100 TRI | −16.7% | 26-09-2024 | 28-02-2025 | 20-11-2025 | 9 months | −10.4% |
From daily values since 28-11-2022, 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 Large Cap Fund (Direct)
HSBC Balanced Advantage Fund (Direct)
BSE 100 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 Large Cap Fund (Direct)
HSBC Balanced Advantage Fund (Direct)
BSE 100 TRI
Against BSE 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Canara Robeco Large Cap Fund (Direct) | 101% | 91% | 1.70% |
| HSBC Balanced Advantage Fund (Direct) | 61% | 33% | 7.78% |
From month-end values since 28-11-2022. 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 Large Cap vs HSBC Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Large Cap Fund, September 2026; HSBC Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 41.5%
- Held by both
- 30
- Only in Canara Robeco Large Cap
- 31
- Only in HSBC Balanced Advantage
- 43
| Security | % of Canara Robeco Large Cap | % of HSBC Balanced Advantage |
|---|---|---|
| HDFC Bank Ltd | 8.26% | 5.61% |
| ICICI Bank Ltd | 8.36% | 4.75% |
| Reliance Industries Ltd | 4.76% | 4.03% |
| Axis Bank Ltd | 3.41% | 4.16% |
| Kotak Mahindra Bank Ltd | 2.76% | 2.59% |
| Larsen & Toubro Ltd | 4.11% | 2.55% |
| Eternal Ltd | 3.00% | 2.05% |
| Bharti Airtel Ltd | 4.82% | 1.40% |
| Shriram Finance Ltd | 1.36% | 2.00% |
| Infosys Ltd | 3.26% | 1.35% |
| Mahindra & Mahindra Ltd | 3.00% | 1.30% |
| State Bank of India | 3.52% | 1.27% |
| Sun Pharmaceutical Industries Ltd | 1.54% | 0.92% |
| Tata Consumer Products Ltd | 1.27% | 0.81% |
| Hindustan Unilever Ltd | 1.13% | 0.78% |
| Tata Motors Ltd | 0.77% | 0.86% |
| NTPC Ltd | 1.05% | 0.71% |
| Max Healthcare Institute Ltd | 1.37% | 0.63% |
| Tech Mahindra Ltd | 1.29% | 0.62% |
| United Spirits Ltd | 1.23% | 0.62% |
| Ultratech Cement Ltd | 2.40% | 0.59% |
| SBI Life Insurance Co Ltd | 0.88% | 0.52% |
| Tata Power Co Ltd | 0.52% | 1.82% |
| ITC Ltd | 1.05% | 0.47% |
| HDFC Asset Management Co Ltd | 0.42% | 0.54% |
| Eicher Motors Ltd | 0.42% | 0.73% |
| Abbott India Ltd | 0.41% | 0.92% |
| Ge Vernova T&D India Ltd | 0.34% | 1.28% |
| Uno Minda Ltd | 0.45% | 0.14% |
| Hindalco Industries Ltd | 0.09% | 0.59% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 41.5% means 41.5% 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 Large Cap Fund
| Security | % of fund |
|---|---|
| Bajaj Finance Ltd | 3.29% |
| Divi's Laboratories Ltd | 1.78% |
| Indian Hotels Co Ltd | 1.52% |
| Interglobe Aviation Ltd | 1.41% |
| Cholamandalam Investment and Finance Co Ltd | 1.39% |
Largest holdings only in HSBC Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Aurobindo Pharma Limited | 4.14% |
| NABARD | 3.47% |
| 7.06% GOI - 10-Apr-2028 | 3.39% |
| 7.37% GOI 23OCT2028 | 2.84% |
| DLF Limited | 2.43% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Large Cap | HSBC Balanced Advantage |
|---|---|---|
| Equity | 97.7% | 72.7% |
| Debt | 0.0% | 25.5% |
| Cash and others | 2.3% | 1.9% |
Market cap of stocks
| Market cap | Canara Robeco Large Cap | HSBC Balanced Advantage |
|---|---|---|
| Large Cap | 87.0% | 47.5% |
| Mid Cap | 10.7% | 13.2% |
| Small Cap | 0.0% | 10.7% |
| Not on AMFI's list | 0.0% | 1.3% |
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 Large Cap | HSBC Balanced Advantage |
|---|---|---|
| Banks | 26.3% | 19.8% |
| Retailing | 6.4% | 5.5% |
| Automobiles | 6.3% | 2.0% |
| Pharmaceuticals & Biotechnology | 6.1% | 6.0% |
| Finance | 6.0% | 3.9% |
| IT - Software | 5.7% | 2.5% |
| Petroleum Products | 4.8% | 4.0% |
| Realty | 0.4% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco Large Cap vs HSBC Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Large Cap Fund | HSBC Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.63% | 1.16% |
| Base expense ratio (Direct) | 0.48% | 0.71% |
| Total expense ratio (Regular) | 1.76% | 2.49% |
| Base expense ratio (Regular) | 1.44% | 1.83% |
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
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Canara Robeco Large Cap Fund vs HSBC Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Canara Robeco Large Cap Fund and HSBC Balanced Advantage Fund?
Canara Robeco Large Cap Fund is a Large Cap fund, HSBC Balanced Advantage Fund is a Balanced Advantage fund, run by Canara Robeco Mutual Fund and HSBC Mutual Fund. Their portfolios overlap 41.5%. Canara Robeco Large Cap Fund charges 0.63% a year and HSBC Balanced Advantage Fund 1.16%.
Which has given higher returns, Canara Robeco Large Cap Fund or HSBC Balanced Advantage Fund?
Over 1 year: Canara Robeco Large Cap Fund −7.88%, HSBC Balanced Advantage Fund −1.58%. Over 3 years: Canara Robeco Large Cap Fund +10.46% a year, HSBC Balanced Advantage Fund +9.10% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Canara Robeco Large Cap Fund or HSBC Balanced Advantage Fund?
Canara Robeco Large Cap Fund charges less: 0.63% a year against 1.16%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Canara Robeco Large Cap Fund and HSBC Balanced Advantage Fund overlap?
41.5%. They hold 30 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Large Cap Fund or HSBC Balanced Advantage Fund?
On SEBI's riskometer, Canara Robeco Large Cap Fund is rated Very High and HSBC Balanced Advantage Fund Very High. Over 3 years, the standard deviation of daily returns was 13.05% and 7.08% a year.
Which is better for SIP, Canara Robeco Large Cap Fund or HSBC Balanced Advantage Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,81,890 in Canara Robeco Large Cap Fund (XIRR 2.0% a year) and ₹3,91,656 in HSBC Balanced Advantage Fund (XIRR 3.6% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Canara Robeco Large Cap Fund and HSBC Balanced Advantage Fund?
Yes. 41.5% 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 Large Cap Fund and HSBC Balanced Advantage Fund?
Canara Robeco Large Cap Fund: Shridatta Bhandwaldar / Mr. Vishal Mishra. HSBC Balanced Advantage Fund: Neelotpal Sahai, Prakriti Banka, Praveen Ayathan, Mahesh Chhabria, Mohd. Asif Rizwi, Mayank Chaturvedi.
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.