MonitorDirect · GrowthWatch before adding
Canara Robeco Banking and PSU Debt Fund
Canara Robeco Mutual FundIncome/Debt Oriented Schemes - Banking and PSU Debt Fund4.2 years
The scheme seeks 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.
- NAV
- 12.8301
- 30 Oct 2026
- 1Y
- +3.2%
- Trailing CAGR
- AUM
- ₹164.38 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.9% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer HSBC Banking and PSU Debt Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
4.2 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.42% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -1.0%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Suman Prasad · 2.1 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 69.3% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+3.2%
- 3Y+6.3%
- 5Yn/a
- 10Yn/a
- SI+6.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+2.7%
- 3Y+5.2%
- 5Yn/a
- 10Yn/a
- Since inception
- +6.1%
- Calendar-day CAGR
- Excess 1Y
- -0.7%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- +5.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.3%
- 285 daily-ending windows
- Median rolling 3Y
- +6.9%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -1.0%
- Worst peak-to-trough
- Current
- -0.8%
- Below last peak
- Current spell
- 77 days
- Days below latest peak
- Time below peak
- +41%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 110 recovered episodes
- Longest recovery
- 43 days
- Trough to prior peak
14 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-1.0%
13 Sept 2022 – 9 Nov 2022
Trough 27 Sept 2022 · recovered in 43 days
-0.7%
11 Mar 2026 – 9 Apr 2026
Trough 6 Apr 2026 · recovered in 3 days
-0.6%
21 Apr 2026 – 4 Jun 2026
Trough 21 May 2026 · recovered in 14 days
-0.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
46
Consistency
1
Risk-adjusted
38
Drawdown
98
Mean
36
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 20 holdings · top 10 are 69.3%.
- Top 5
- 39.2%
- Top 10
- 69.3%
- Largest holding
- 9.1%
- Effective holdings
- 16.2
IRFC TX SR-16E SR 167 7.65 BD 30DC32 FVRS10LAC
Financial
9.1%
INDIAN OIL CORPORATION LIMITED SR XXVII 7.25 NCD 06JN30 FVRS1LAC
Energy & Utilities
9.0%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR PD6 6.85 LOA 21MR31 FVRS10LAC
Financial
8.8%
HDFC Bank Limited **
Financial
6.2%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VII 7.75 BD 10JU27 FVRS1LAC
Financial
6.1%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
HSBC Banking and PSU Debt Fund
HSBC Mutual Fund
- 1Y
- +3.8%
- 3Y
- +6.7%
- Vol
- 1.0%
- Max DD
- -0.6%
- Sharpe
- 0.73
- 3Y win
- +0%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)
Sundaram Mutual Fund
- 1Y
- +9.1%
- 3Y
- n/a
- Vol
- 1.3%
- Max DD
- -0.5%
- Sharpe
- 1.83
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Aditya Birla Sun Life Banking & PSU Debt Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +3.5%
- 3Y
- +6.7%
- Vol
- 1.6%
- Max DD
- -3.0%
- Sharpe
- 1.35
- 3Y win
- +84%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Axis Banking and PSU Debt Fund
Axis Mutual Fund
- 1Y
- +3.9%
- 3Y
- +6.7%
- Vol
- 1.3%
- Max DD
- -2.8%
- Sharpe
- 1.28
- 3Y win
- +37%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Bajaj Finserv Banking and PSU Debt Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.9%
- 3Y
- n/a
- Vol
- 1.2%
- Max DD
- -0.8%
- Sharpe
- 0.91
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Lower trailing returns