Canara Robeco Banking and PSU Debt Fund

Canara Robeco Banking and PSU Debt Fund

Debt

Canara Robeco Mutual Fund

Banking & Psu

Get the latest NAV of Canara Robeco Banking and PSU Debt Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹12.57

NAV as on 17 Mar 2026

6.63%/per year

Since Inception

Absolute Gain%

▲▼

36 people have invested ₹ 2.4L in Canara Robeco Banking and PSU Debt Fund in the last three months

Canara Robeco Banking and PSU Debt Fund Performance vs. Banking and PSU Index

Fund returns vs Benchmark returns vs Category Average returns as on (17-Mar-26)

The fund has outperformed the benchmark (Banking and PSU Index) over 3Y, but underperformed over 1Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.04%
0.81%
2.22%
6.24%
6.99%
--
Banking and PSU Index
-0.04%
0.73%
1.99%
6.3%
6.28%
5.41%
Banking & Psu Avg
-0.08%
0.7%
2.06%
6.55%
7.03%
6.27%
Best in Banking & Psu
0.36%
1.4%
3.24%
7.95%
7.79%
7.49%
Worst in Banking & Psu
0.01%
0.68%
2.06%
6.26%
7.03%
5.78%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Canara Robeco Banking and PSU Debt Fund
-
194Cr
0.43%
6.24%
6.99%
--
0.88
0.50
0.79
-0.21
ICICI Prudential Banking and PSU Debt Fund
1/12
9,489Cr
0.39%
7.17%
7.72%
0.80
0.76
1.35
2.71
1.55
UTI Banking & PSU Fund
2/12
1,099Cr
0.2%
7.48%
7.59%
0.62
0.79
1.09
2.34
1.05
Kotak Banking and PSU Debt Fund
3/12
5,409Cr
0.4%
7.5%
7.75%
0.65
1.05
1.03
1.97
1.85
See all

Canara Robeco Banking and PSU Debt Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Canara Robeco Banking and PSU Debt Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
100%
Cash allocation has gone down from 18.7% to 10.9%
Cash allocation has gone down from 18.7% to 10.9%
Debt allocation has gone up from 80.6% to 88.4%
Debt allocation has gone up from 80.6% to 88.4%

Canara Robeco Banking and PSU Debt Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Corporate
65.3%
Government
22.9%
Cash Equivalent
11.8%

Top 2 Sectors in February were Corporate, Government

Feb'26

Corporate

65%

Government

29%

Jan'26

Corporate

57%

Government

29%

Canara Robeco Banking and PSU Debt Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.43%
Benchmark
CRISIL Banking and PSU Debt TR INR
AUM₹194 Cr
Inception Date22 August, 2022
Min Lumpsum/SIP₹5,000/₹1,000
Exit Load0%
Lock InNo Lock-in
TurnOver
138.31%
Risk
Risk meter
pointer
Low to Moderate Risk

About Canara Robeco Banking and PSU Debt Fund

Canara Robeco Banking and PSU Debt Fund is a debt fund. This fund was started on 22 August, 2022. The fund is managed by Avnish Jain, Suman Prasad. This fund is suitable to keep your money safe.

Key Parameters

  1. Canara Robeco Banking and PSU Debt Fund has ₹194 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Canara Robeco Banking and PSU Debt Fund has given a CAGR return of 6.63% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 6.24% and 6.99% respectively.

Holdings

Canara Robeco Banking and PSU Debt Fund has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Indian Railway Finance Corporation Limited, LIC Housing Finance Ltd, Indian Oil Corporation Limited, Nhpc Limited, Small Industries Development Bank Of India

Taxation

As it is a banking & psu mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Canara Robeco Banking and PSU Debt Fund

To generate income and/or capital appreciation through a portfolio of high quality debt and money market instruments issued by entities such as Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds. However, there is no assurance that the objective of the fund will be realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Canara Robeco Banking and PSU Debt Fund has no lock in period.

Fund Manager

Avnish Jain

Fund Manager of Canara Robeco Banking and PSU Debt Fund, since 22 August 2022

Suman Prasad

Fund Manager of Canara Robeco Banking and PSU Debt Fund, since 16 September 2024

Learn more about Canara Robeco Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 194.3 Cr
₹ 194 Cr
₹ 196.5 Cr
  • AUM of the fund stands at 194.3 Cr as of Feb'26
  • AUM increased by 0.3 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Canara Robeco Banking and PSU Debt Fund

How do I invest in Canara Robeco Banking and PSU Debt Fund?

INDmoney makes it simple to invest in the Canara Robeco Banking and PSU Debt Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Canara Robeco Banking and PSU Debt Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Canara Robeco Banking and PSU Debt Fund?

The NAV of the fund today is ₹12.57. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Canara Robeco Banking and PSU Debt Fund fund has generated a return of 6.24% in 1 year, 6.99% in 3 years

Who is the fund manager of Canara Robeco Banking and PSU Debt Fund?

The fund managers are Avnish Jain, Suman Prasad.

What is the expense ratio of the fund?

The expense ratio is 0.43%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹194 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Canara Robeco Banking and PSU Debt Fund?

The top 3 holdings of the fund are Indian Railway Finance Corporation Limited(7.86%), LIC Housing Finance Ltd(7.8%), Indian Oil Corporation Limited(7.79%)