Canara Robeco Multi Asset Allocation Fund

Canara Robeco Multi Asset Allocation Fund is a hybrid fund. This fund was started on 30 May, 2025. The fund is managed by Kunal Jain, Amit Kadam, Ennette Fernandes, Avnish Jain. This fund gives you the benefit of diversification.

1. Canara Robeco Multi Asset Allocation Fund has ₹1266 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
2. The fund has an expense ratio 0.6.
   

Canara Robeco Multi Asset Allocation Fund has given a CAGR return of 13.40% since inception.

Canara Robeco Multi Asset Allocation Fund has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Corporate, Consumer Cyclical, Industrial, Health, Communication, Energy, Consumer Defensive, Tech, Basic Materials.

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the Scheme is to generate long-term capital appreciation from a portfolio investing in Equity and Equity related Instruments, Debt and Money Market Instruments, Gold ETFs and Silver ETFs. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Canara Robeco Multi Asset Allocation Fund has no lock in period.