Canara Robeco Multi Asset Allocation Fund vs PGIM India Flexi cap fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Multi Asset Allocation Fund is a Multi Asset fund and PGIM India Flexi cap fund is a Flexi Cap fund. In the year to 30-10-2026, Canara Robeco Multi Asset Allocation Fund (Direct) returned 2.8% and PGIM India Flexi cap fund (Direct) returned −4.6%. Canara Robeco Multi Asset Allocation Fund charges 0.98% a year and PGIM India Flexi cap fund 0.85% (Direct plans). Their portfolios overlap 39.5%: they hold 25 of the same securities.
Canara Robeco Multi Asset Allocation Fund
Multi Asset
- 1 year return
- 2.8%
- Expense ratio
- 0.98%
- NAV
- ₹11.00
PGIM India Flexi cap fund
Flexi Cap
- 1 year return
- −4.6%
- Expense ratio
- 0.85%
- NAV
- ₹41.91
Which is better, Canara Robeco Multi Asset Allocation or PGIM India Flexi cap fund? 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 −4.6%.
- PGIM India Flexi cap fund costs less: 0.85% 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 −14.4%.
- PGIM India Flexi cap fund holds more in large companies: 55.2% of the fund in large caps against 38.9%.
- PGIM India Flexi cap fund is the larger fund: ₹5,595 Cr against ₹1,369 Cr.
- Their portfolios overlap 39.5%: 25 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 | PGIM India Flexi cap fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | PGIM India Mutual Fund |
| Category | Multi Asset | Flexi Cap |
| AUM | ₹1,369 Cr (30-09-2026) | ₹5,595 Cr (30-09-2026) |
| NAV | ₹11.00 (Direct) | ₹41.91 (Direct) |
| Expense ratio (Direct) | 0.98% | 0.85% |
| Expense ratio (Regular) | 2.35% | 2.11% |
| 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 TRI |
| Launch date | 30-05-2025 | 04-03-2015 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Amit Kadam/ Ms. Ennette Fernandes/Mr. Bhupesh Kalyani / Mr. Avnish Jain | Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia, Puneet Pal |
| Exit load | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days. | Exit load of 0.5%, if redeemed within 90 days. |
Canara Robeco Multi Asset Allocation vs PGIM India Flexi cap fund: 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% | -- | -- | -- |
| PGIM India Flexi cap fund (Direct) | −0.78% | −3.77% | +1.21% | −4.62% | +10.59% | +7.34% | +14.24% |
| Multi Asset average | −1.71% | −3.33% | −1.78% | +2.00% | -- | -- | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | +13.13% |
Category average: the average of the 37 Multi Asset funds and the 46 Flexi Cap funds, same plan type.
Canara Robeco Multi Asset Allocation vs PGIM India Flexi cap fund: Year-wise Returns
| Year | Canara Robeco Multi Asset AllocationCanara Robeco Multi Asset Allocation | PGIM India Flexi cap fundPGIM India Flexi cap fund |
|---|---|---|
| 2026to date | −0.18% | −3.17% |
| 2025 | -- | +6.13% |
| 2024 | -- | +17.08% |
| 2023 | -- | +21.66% |
| 2022 | -- | −4.92% |
| 2021 | -- | +46.45% |
Canara Robeco Multi Asset Allocation vs PGIM India Flexi cap fund: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of PGIM India Flexi 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)
PGIM India Flexi cap fund (Direct)
Nifty 500 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% |
| PGIM India Flexi cap fund | 35.3 | 53.9 | 10.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.9% | 1.0% | −7.0% | 6.5% | 92% |
| Nifty 500 TRI | 47.1 | 43.1 | 9.8 | 0.0 | 0.0 | 0.0 | 0.0 | −0.1% | 0.2% | −9.0% | 6.8% | -- |
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 Nifty 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 03-06-2025. Past returns do not promise future returns.
Canara Robeco Multi Asset Allocation vs PGIM India Flexi cap fund: 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% |
| PGIM India Flexi cap fundPGIM India Flexi cap fund (Direct) | ₹1,70,000 | ₹1,68,636 | −₹1,364 | −1.1% |
Canara Robeco Multi Asset AllocationCanara Robeco Multi Asset Allocation Fund (Direct)
PGIM India Flexi cap fundPGIM India Flexi 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 PGIM India Flexi cap fund: 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) | PGIM India Flexi cap fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.80% | −4.62% |
| Standard deviation | 11.40% | 13.86% |
| Sharpe ratio | -0.21 | -0.71 |
| Sortino ratio | -0.29 | -0.96 |
| Maximum drawdown | −10.5% (23-03-2026) | −14.1% (30-03-2026) |
| Beta | -- | 0.95 |
| Alpha | -- | +2.07% |
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) | PGIM India Flexi cap fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.93% | +13.11% |
| Standard deviation | 10.10% | 15.63% |
| Sharpe ratio | 0.16 | 0.48 |
| Sortino ratio | 0.22 | 0.65 |
| Maximum drawdown | −10.5% (23-03-2026) | −36.5% (23-03-2020) |
| Beta | -- | 0.95 |
| Alpha | -- | +2.14% |
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)
PGIM India Flexi cap fund (Direct)
Nifty 500 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% |
| PGIM India Flexi cap fund (Direct) | −14.4% | 29-10-2025 | 30-03-2026 | 03-08-2026 | 4 months | −6.2% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
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)
PGIM India Flexi cap fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Canara Robeco Multi Asset Allocation Fund (Direct) | 89% | 40% | 7.46% |
| PGIM India Flexi cap fund (Direct) | 102% | 88% | 3.33% |
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 PGIM India Flexi cap fund: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Multi Asset Allocation Fund, September 2026; PGIM India Flexi cap fund, September 2026
Holdings in common
- Overlap
- 39.5%
- Held by both
- 25
- Only in Canara Robeco Multi Asset Allocation
- 26
- Only in PGIM India Flexi cap fund
- 60
| Security | % of Canara Robeco Multi Asset Allocation | % of PGIM India Flexi cap fund |
|---|---|---|
| ICICI Bank Ltd | 5.88% | 5.81% |
| HDFC Bank Ltd | 4.35% | 6.12% |
| Bharti Airtel Ltd | 3.73% | 3.86% |
| Eternal Ltd | 2.74% | 3.21% |
| Reliance Industries Ltd | 2.06% | 1.98% |
| Bajaj Finance Ltd | 1.96% | 1.93% |
| Larsen & Toubro Ltd | 1.88% | 1.56% |
| Max Healthcare Institute Ltd | 2.36% | 1.47% |
| Varun Beverages Ltd | 1.61% | 1.47% |
| Tech Mahindra Ltd | 1.30% | 1.72% |
| Affle 3i Ltd | 1.76% | 1.23% |
| Divi's Laboratories Ltd | 1.19% | 1.34% |
| Info Edge (India) Ltd | 2.10% | 1.07% |
| Persistent Systems Ltd | 1.49% | 1.07% |
| Kotak Mahindra Bank Ltd | 2.08% | 1.04% |
| Interglobe Aviation Ltd | 1.44% | 1.01% |
| Vishal Mega Mart Ltd | 1.83% | 0.94% |
| Jubilant Foodworks Ltd | 1.61% | 0.85% |
| Torrent Pharmaceuticals Ltd | 1.34% | 0.83% |
| TVS Motor Co Ltd | 0.83% | 2.47% |
| One 97 Communications Ltd | 1.60% | 0.79% |
| Sagility Ltd | 1.43% | 0.79% |
| Bharat Electronics Ltd | 0.54% | 1.18% |
| 360 One Wam Ltd | 0.54% | 0.98% |
| Ge Vernova T&D India Ltd | 0.61% | 0.45% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.5% means 39.5% 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 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 PGIM India Flexi cap fund
| Security | % of fund |
|---|---|
| State Bank of India | 2.71% |
| Titan Company Ltd. | 1.85% |
| JSW Steel Ltd. | 1.75% |
| JK Cement Ltd. | 1.58% |
| Axis Bank Ltd. | 1.53% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Multi Asset Allocation | PGIM India Flexi cap fund |
|---|---|---|
| Equity | 66.9% | 96.8% |
| Debt | 13.0% | 0.1% |
| Cash and others | 20.1% | 3.1% |
Market cap of stocks
| Market cap | Canara Robeco Multi Asset Allocation | PGIM India Flexi cap fund |
|---|---|---|
| Large Cap | 38.9% | 55.2% |
| Mid Cap | 19.4% | 21.3% |
| Small Cap | 8.6% | 17.5% |
| Not on AMFI's list | 0.0% | 2.7% |
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 | PGIM India Flexi cap fund |
|---|---|---|
| Banks | 12.3% | 19.1% |
| Retailing | 9.1% | 5.2% |
| Pharmaceuticals & Biotechnology | 2.5% | 6.2% |
| Automobiles | 0.8% | 5.5% |
| IT - Software | 2.8% | 4.6% |
| Consumer Durables | 0.0% | 4.3% |
| Finance | 3.5% | 4.2% |
| Telecom - Services | 3.7% | 3.9% |
| Healthcare Services | 3.8% | 3.5% |
| IT - Services | 3.2% | 2.8% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco Multi Asset Allocation vs PGIM India Flexi cap fund: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Multi Asset Allocation Fund | PGIM India Flexi cap fund |
|---|---|---|
| Total expense ratio (Direct) | 0.98% | 0.85% |
| Base expense ratio (Direct) | 0.63% | 0.51% |
| Total expense ratio (Regular) | 2.35% | 2.11% |
| Base expense ratio (Regular) | 1.81% | 1.58% |
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 PGIM India Flexi cap fund: Frequently Asked Questions
What is the difference between Canara Robeco Multi Asset Allocation Fund and PGIM India Flexi cap fund?
Canara Robeco Multi Asset Allocation Fund is a Multi Asset fund, PGIM India Flexi cap fund is a Flexi Cap fund, run by Canara Robeco Mutual Fund and PGIM India Mutual Fund. Their portfolios overlap 39.5%. Canara Robeco Multi Asset Allocation Fund charges 0.98% a year and PGIM India Flexi cap fund 0.85%.
Which has given higher returns, Canara Robeco Multi Asset Allocation Fund or PGIM India Flexi cap fund?
Over 1 year: Canara Robeco Multi Asset Allocation Fund +2.80%, PGIM India Flexi cap fund −4.62%. 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 PGIM India Flexi cap fund?
PGIM India Flexi cap fund charges less: 0.85% 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 PGIM India Flexi cap fund overlap?
39.5%. They hold 25 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Multi Asset Allocation Fund or PGIM India Flexi cap fund?
On SEBI's riskometer, Canara Robeco Multi Asset Allocation Fund is rated Very High and PGIM India Flexi cap fund Very High. Over 1 years, the standard deviation of daily returns was 11.40% and 13.86% a year.
Can I invest in both Canara Robeco Multi Asset Allocation Fund and PGIM India Flexi cap fund?
Yes. 39.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Canara Robeco Multi Asset Allocation Fund and PGIM India Flexi cap fund?
Canara Robeco Multi Asset Allocation Fund: Amit Kadam/ Ms. Ennette Fernandes/Mr. Bhupesh Kalyani / Mr. Avnish Jain. PGIM India Flexi cap fund: Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia, Puneet Pal.
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.