Canara Robeco Multi Asset Allocation Fund vs Canara Robeco Multi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Multi Asset Allocation Fund is a Multi Asset fund and Canara Robeco Multi Cap Fund is a Multi Cap fund. In the year to 30-10-2026, Canara Robeco Multi Asset Allocation Fund (Direct) returned 2.8% and Canara Robeco Multi Cap Fund (Direct) returned −4.8%. Canara Robeco Multi Asset Allocation Fund charges 0.98% a year and Canara Robeco Multi Cap Fund 0.68% (Direct plans). Their portfolios overlap 41.6%: they hold 35 of the same securities.
Canara Robeco Multi Asset Allocation Fund
Multi Asset
- 1 year return
- 2.8%
- Expense ratio
- 0.98%
- NAV
- ₹11.00
Canara Robeco Multi Cap Fund
Multi Cap
- 1 year return
- −4.8%
- Expense ratio
- 0.68%
- NAV
- ₹14.70
Which is better, Canara Robeco Multi Asset Allocation or Canara Robeco Multi Cap? 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 Multi Asset Allocation returned more over 1 year: 2.8% against −4.8%.
- Canara Robeco Multi Cap costs less: 0.68% a year against 0.98% (Direct plans).
- Canara Robeco Multi Asset Allocation fell less in its worst fall since 03-06-2025: −10.5% against −14.3%.
- Canara Robeco Multi Cap is the larger fund: ₹5,673 Cr against ₹1,369 Cr.
- Their portfolios overlap 41.6%: 35 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 Multi Asset Allocation Fund | Canara Robeco Multi Cap Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | Canara Robeco Mutual Fund |
| Category | Multi Asset | Multi Cap |
| AUM | ₹1,369 Cr (30-09-2026) | ₹5,673 Cr (30-09-2026) |
| NAV | ₹11.00 (Direct) | ₹14.70 (Direct) |
| Expense ratio (Direct) | 0.98% | 0.68% |
| Expense ratio (Regular) | 2.35% | 2.01% |
| Riskometer | Very High | Very High |
| Benchmark | 65% BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 30-05-2025 | 28-07-2023 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Amit Kadam/ Ms. Ennette Fernandes/Mr. Bhupesh Kalyani / Mr. Avnish Jain | Shridatta Bhandwaldar / Mr. Vishal Mishra |
| Exit load | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days. | 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 |
Canara Robeco Multi Asset Allocation vs Canara Robeco Multi Cap: 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 Multi Asset Allocation Fund (Direct) | −1.08% | −3.08% | +0.55% | +2.80% | -- | -- | -- |
| Canara Robeco Multi Cap Fund (Direct) | −1.61% | −5.47% | −0.20% | −4.79% | +13.10% | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | +2.00% | -- | -- | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | -- | -- |
Category average: the average of the 37 Multi Asset funds and the 33 Multi Cap funds, same plan type.
Canara Robeco Multi Asset Allocation vs Canara Robeco Multi Cap: Year-wise Returns
| Year | Asset AllocationCanara Robeco Multi Asset Allocation | CapCanara Robeco Multi Cap |
|---|---|---|
| 2026to date | −0.18% | −4.73% |
| 2025 | -- | +6.49% |
| 2024 | -- | +23.32% |
Canara Robeco Multi Asset Allocation vs Canara Robeco Multi Cap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of Canara Robeco Multi Cap Fund
Rolling returns
Every 1-year holding period, 102 of them, one for each trading day from 03-06-2026 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 Multi Asset Allocation Fund (Direct)
Canara Robeco Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
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 Multi Asset Allocation | 0.0 | 13.7 | 29.4 | 54.9 | 2.0 | 0.0 | 0.0 | 9.7% | 10.3% | 1.1% | 15.2% | 100% |
| Canara Robeco Multi Cap | 25.5 | 50.0 | 24.5 | 0.0 | 0.0 | 0.0 | 0.0 | 2.1% | 1.8% | −6.3% | 8.7% | 88% |
| Nifty500 Multicap 50:25:25 TRI | 31.4 | 49.0 | 19.6 | 0.0 | 0.0 | 0.0 | 0.0 | 1.5% | 1.3% | −7.6% | 8.5% | -- |
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 Nifty500 Multicap 50:25:25 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 03-06-2025. Past returns do not promise future returns.
Canara Robeco Multi Asset Allocation vs Canara Robeco Multi Cap: 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 03-06-2025 to 30-10-2026: 17 instalments, ₹1,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Canara Robeco Multi Asset AllocationCanara Robeco Multi Asset Allocation Fund (Direct) | ₹1,70,000 | ₹1,73,687 | ₹3,687 | 2.9% |
| Canara Robeco Multi CapCanara Robeco Multi Cap Fund (Direct) | ₹1,70,000 | ₹1,66,948 | −₹3,052 | −2.4% |
Canara Robeco Multi Asset AllocationCanara Robeco Multi Asset Allocation Fund (Direct)
Canara Robeco Multi CapCanara Robeco Multi Cap 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 Multi Asset Allocation vs Canara Robeco Multi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Canara Robeco Multi Asset Allocation Fund (Direct) | Canara Robeco Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.80% | −4.79% |
| Standard deviation | 11.40% | 14.33% |
| Sharpe ratio | -0.21 | -0.70 |
| Sortino ratio | -0.29 | -0.95 |
| Maximum drawdown | −10.5% (23-03-2026) | −14.3% (23-03-2026) |
| Beta | -- | 0.94 |
| Alpha | -- | +0.57% |
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 Multi Asset Allocation Fund (Direct) | Canara Robeco Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.93% | +12.61% |
| Standard deviation | 10.10% | 13.75% |
| Sharpe ratio | 0.16 | 0.47 |
| Sortino ratio | 0.22 | 0.64 |
| Maximum drawdown | −10.5% (23-03-2026) | −18.3% (28-02-2025) |
| Beta | -- | 0.91 |
| Alpha | -- | +1.97% |
From daily NAVs, 03-06-2025 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.
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 Multi Asset Allocation Fund (Direct)
Canara Robeco Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Canara Robeco Multi Asset Allocation Fund (Direct) | −10.5% | 29-01-2026 | 23-03-2026 | 03-08-2026 | 4 months | −6.5% |
| Canara Robeco Multi Cap Fund (Direct) | −14.3% | 02-01-2026 | 23-03-2026 | 29-07-2026 | 4 months | −8.0% |
| Nifty500 Multicap 50:25:25 TRI | −14.6% | 02-01-2026 | 30-03-2026 | 06-07-2026 | 3 months | −8.0% |
From daily values since 03-06-2025, 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 Multi Asset Allocation Fund (Direct)
Canara Robeco Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Canara Robeco Multi Asset Allocation Fund (Direct) | 82% | 39% | 8.55% |
| Canara Robeco Multi Cap Fund (Direct) | 97% | 90% | 3.28% |
From month-end values since 03-06-2025. 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 Multi Asset Allocation vs Canara Robeco Multi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Multi Asset Allocation Fund, September 2026; Canara Robeco Multi Cap Fund, September 2026
Holdings in common
- Overlap
- 41.6%
- Held by both
- 35
- Only in Canara Robeco Multi Asset Allocation
- 16
- Only in Canara Robeco Multi Cap
- 81
| Security | % of Canara Robeco Multi Asset Allocation | % of Canara Robeco Multi Cap |
|---|---|---|
| HDFC Bank Ltd | 4.35% | 4.34% |
| ICICI Bank Ltd | 5.88% | 3.53% |
| Bharti Airtel Ltd | 3.73% | 2.55% |
| Eternal Ltd | 2.74% | 2.25% |
| Larsen & Toubro Ltd | 1.88% | 1.78% |
| Reliance Industries Ltd | 2.06% | 1.54% |
| Lenskart Solutions Ltd | 1.49% | 1.80% |
| Kotak Mahindra Bank Ltd | 2.08% | 1.38% |
| Bajaj Finance Ltd | 1.96% | 1.36% |
| Torrent Pharmaceuticals Ltd | 1.34% | 1.66% |
| Indian Hotels Co Ltd | 1.56% | 1.15% |
| Shriram Finance Ltd | 1.56% | 1.13% |
| Affle 3i Ltd | 1.76% | 1.11% |
| Dr. Lal Path Labs Ltd | 1.39% | 1.09% |
| Interglobe Aviation Ltd | 1.44% | 1.05% |
| Vishal Mega Mart Ltd | 1.83% | 1.02% |
| Max Healthcare Institute Ltd | 2.36% | 1.01% |
| Jubilant Foodworks Ltd | 1.61% | 1.01% |
| Max Financial Services Ltd | 1.36% | 1.00% |
| Sagility Ltd | 1.43% | 0.87% |
| TVS Motor Co Ltd | 0.83% | 1.13% |
| Divi's Laboratories Ltd | 1.19% | 0.82% |
| Tech Mahindra Ltd | 1.30% | 0.81% |
| Info Edge (India) Ltd | 2.10% | 0.76% |
| Varun Beverages Ltd | 1.61% | 0.73% |
| Gujarat Fluorochemicals Ltd | 1.44% | 0.70% |
| FSN E-Commerce Ventures Ltd | 0.89% | 0.69% |
| Mrs Bectors Food Specialities Ltd | 0.85% | 0.67% |
| Ultratech Cement Ltd | 1.40% | 0.62% |
| Ge Vernova T&D India Ltd | 0.61% | 0.96% |
| Bharat Electronics Ltd | 0.54% | 1.04% |
| Delhivery Ltd | 1.57% | 0.49% |
| Persistent Systems Ltd | 1.49% | 0.47% |
| PB Fintech Ltd | 0.93% | 0.44% |
| 360 One Wam Ltd | 0.54% | 0.44% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 41.6% means 41.6% 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 Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| Nippon India ETF Gold Bees | 12.24% |
| 7.7951% BAJAJ FINANCE LTD 10-DEC-27 | 1.82% |
| Indian Bank (04/12/2026) | 1.81% |
| Axis Bank Ltd (07/12/2026) | 1.81% |
| 7.02% Bajaj Housing Finance Ltd (26/05/2028) | 1.80% |
Largest holdings only in Canara Robeco Multi Cap Fund
| Security | % of fund |
|---|---|
| Ajanta Pharma Ltd | 2.07% |
| TBO Tek Ltd | 1.87% |
| Infosys Ltd | 1.72% |
| J.K. Cement Ltd | 1.55% |
| State Bank of India | 1.51% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Multi Asset Allocation | Canara Robeco Multi Cap |
|---|---|---|
| Equity | 66.9% | 97.9% |
| Debt | 13.0% | 0.0% |
| Cash and others | 20.1% | 2.1% |
Market cap of stocks
| Market cap | Canara Robeco Multi Asset Allocation | Canara Robeco Multi Cap |
|---|---|---|
| Large Cap | 38.9% | 41.3% |
| Mid Cap | 19.4% | 27.1% |
| Small Cap | 8.6% | 28.3% |
| Not on AMFI's list | 0.0% | 1.2% |
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 Multi Asset Allocation | Canara Robeco Multi Cap |
|---|---|---|
| Banks | 12.3% | 15.8% |
| Retailing | 9.1% | 7.0% |
| Pharmaceuticals & Biotechnology | 2.5% | 8.2% |
| Finance | 3.5% | 5.7% |
| Capital Markets | 0.5% | 5.1% |
| Leisure Services | 3.2% | 4.5% |
| Healthcare Services | 3.8% | 2.8% |
| Telecom - Services | 3.7% | 2.9% |
| IT - Services | 3.2% | 2.0% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco Multi Asset Allocation vs Canara Robeco Multi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Multi Asset Allocation Fund | Canara Robeco Multi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.98% | 0.68% |
| Base expense ratio (Direct) | 0.63% | 0.45% |
| Total expense ratio (Regular) | 2.35% | 2.01% |
| Base expense ratio (Regular) | 1.81% | 1.59% |
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
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Canara Robeco Multi Asset Allocation Fund vs Canara Robeco Multi Cap Fund: Frequently Asked Questions
What is the difference between Canara Robeco Multi Asset Allocation Fund and Canara Robeco Multi Cap Fund?
Canara Robeco Multi Asset Allocation Fund is a Multi Asset fund, Canara Robeco Multi Cap Fund is a Multi Cap fund, run by Canara Robeco Mutual Fund. Their portfolios overlap 41.6%. Canara Robeco Multi Asset Allocation Fund charges 0.98% a year and Canara Robeco Multi Cap Fund 0.68%.
Which has given higher returns, Canara Robeco Multi Asset Allocation Fund or Canara Robeco Multi Cap Fund?
Over 1 year: Canara Robeco Multi Asset Allocation Fund +2.80%, Canara Robeco Multi Cap Fund −4.79%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Canara Robeco Multi Asset Allocation Fund or Canara Robeco Multi Cap Fund?
Canara Robeco Multi Cap Fund charges less: 0.68% a year against 0.98%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Canara Robeco Multi Asset Allocation Fund and Canara Robeco Multi Cap Fund overlap?
41.6%. They hold 35 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Multi Asset Allocation Fund or Canara Robeco Multi Cap Fund?
On SEBI's riskometer, Canara Robeco Multi Asset Allocation Fund is rated Very High and Canara Robeco Multi Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 11.40% and 14.33% a year.
Can I invest in both Canara Robeco Multi Asset Allocation Fund and Canara Robeco Multi Cap Fund?
Yes. 41.6% 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 Multi Asset Allocation Fund and Canara Robeco Multi Cap Fund?
Canara Robeco Multi Asset Allocation Fund: Amit Kadam/ Ms. Ennette Fernandes/Mr. Bhupesh Kalyani / Mr. Avnish Jain. Canara Robeco Multi Cap Fund: Shridatta Bhandwaldar / Mr. Vishal Mishra.
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.