MonitorDirect · GrowthWatch before adding
Canara Robeco Small Cap Fund
Canara Robeco Mutual FundEquity Schemes - Small Cap Fund7.7 years
The scheme seeks to generate capital appreciation by investing predominantly in Small Cap stocks.
- NAV
- 42.58
- 29 Oct 2026
- 1Y
- -2.8%
- Trailing CAGR
- Upside capture
- +87%
- Vs NIFTY SMALLCAP 250 TRI
- Downside capture
- +71%
- Lower is better
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 61% of rolling 3-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer Axis Small Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
7.7 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.74% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -36.2%. Ask whether you can hold through a similar fall.
Vs category
Pass
61% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Pranav Gokhale · 3.0 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
Pass
Top 10 holdings ≈ 24.9% 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.
Drawdown rehearsal
This scheme’s worst fall on file is about 36%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
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-2.8%
- 3Y+10.7%
- 5Y+12.9%
- 10Yn/a
- SI+20.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-0.6%
- 3Y+3.2%
- 5Y+10.2%
- 10Yn/a
- Since inception
- +20.7%
- Calendar-day CAGR
- Excess 1Y
- -5.6%
- Category median, same plan and option
- 3Y win rate
- +61%
- Windows beating the median
- 3Y percentile
- 20
- Vs comparable share classes
- SIP 3Y XIRR
- +3.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +9.2%
- 1154 daily-ending windows
- Median rolling 3Y
- +28.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 664 daily-ending windows
Official benchmark
Date-aligned against NIFTY SMALLCAP 250 TRI. Capture ratios use common month-end observations through 30 Oct 2026.
- 1Y excess
- -1.5%
- Fund minus TRI
- 3Y excess
- -2.4%
- Fund minus TRI
- Upside capture
- +87%
- Benchmark-up months
- Downside capture
- +71%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -36.2%
- Worst peak-to-trough
- Current
- -8.8%
- Below last peak
- Current spell
- 59 days
- Days below latest peak
- Time below peak
- +84%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 16 days
- 88 recovered episodes
- Longest recovery
- 526 days
- Trough to prior peak
20 Feb 2020 – 19 Aug 2020
Trough 23 Mar 2020 · recovered in 149 days
-36.2%
23 Sept 2024 – 11 Aug 2026
Trough 3 Mar 2025 · recovered in 526 days
-23.6%
15 Apr 2019 – 24 Jan 2020
Trough 23 Aug 2019 · recovered in 154 days
-18.7%
11 Apr 2022 – 2 Sept 2022
Trough 20 Jun 2022 · recovered in 74 days
-16.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
20
Vs category
15
Consistency
53
Risk-adjusted
67
Drawdown
10
Mean
33
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
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 61% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 97 holdings · top 10 are 24.9%.
- Top 5
- 14.0%
- Top 10
- 24.9%
- Largest holding
- 3.6%
- Effective holdings
- 69.2
Repo
Unspecified
3.6%
Multi Commodity Exchange Of India Ltd
Financial
2.7%
RBL Bank Ltd
Financial
2.7%
TBO Tek Ltd.
Consumer Discretionary
2.5%
Zomato Ltd
Technology
2.4%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
18 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Small Cap Fund
Axis Mutual Fund
- 1Y
- +2.8%
- 3Y
- +14.0%
- Vol
- 14.7%
- Max DD
- -34.6%
- Sharpe
- 1.05
- 3Y win
- +71%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Mahindra Manulife Small Cap Fund
Mahindra Manulife Mutual Fund
- 1Y
- +8.2%
- 3Y
- +18.6%
- Vol
- 17.1%
- Max DD
- -26.0%
- Sharpe
- 1.00
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Mirae Asset Small Cap Fund
Mirae Asset Mutual Fund
- 1Y
- +1.3%
- 3Y
- n/a
- Vol
- 15.6%
- Max DD
- -15.1%
- Sharpe
- 0.40
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
HSBC Small Cap Fund
HSBC Mutual Fund
- 1Y
- +4.2%
- 3Y
- +12.5%
- Vol
- 17.2%
- Max DD
- -27.2%
- Sharpe
- 0.66
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher trailing returns
UTI Small Cap Fund
UTI Mutual Fund
- 1Y
- -1.1%
- 3Y
- +12.7%
- Vol
- 15.7%
- Max DD
- -22.3%
- Sharpe
- 0.86
- 3Y win
- +33%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER