QUICK FUND SUMMARY
Canara Robeco Banking And Financial Services Fund Growth is an equity mutual fund managing assets worth ₹615.96 Cr. The current NAV is ₹10.89 as of Jul 20. It has delivered a maximum CAGR of 8.90%. Investors can start with a minimum SIP amount of ₹1,000.
Canara Robeco Banking And Financial Services Fund Details
Fund Size | ₹615.96 Cr |
Type | Equity: Sectoral/Thematic |
Minimum Investment | ₹1,000 |
NAV (Jul 20) | ₹10.89 |
Plan Type | Regular |
Launch Date | 20 Mar 2026 |
Lock in Period | 0 days |
Plan Option | Growth |
Expense Ratio | 2.76% |
Withdrawal Charge | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days. |
Canara Robeco Banking And Financial Services Fund Risk Indicator
The risk of the scheme is very high
As per SEBI guidelines, we've provided a riskometer to help you gauge the potential risk level of a mutual fund, ensuring that your investments align with your financial goals and risk tolerance
FAQs on Canara Robeco Banking And Financial Services Fund
Canara Robeco Banking And Financial Services Fund is a Growth Equity mutual fund managed by Canara Robeco Mutual Fund.
The current NAV of Canara Robeco Banking And Financial Services Fund is ₹10.89 as of Jul 20.
You can invest in Canara Robeco Banking And Financial Services Fund directly on share.market by searching for the fund, selecting your preferred mode (SIP or Lumpsum), and completing your KYC-verified investment in a few steps.
The minimum SIP amount for Canara Robeco Banking And Financial Services Fund is ₹1,000.
The expense ratio of Canara Robeco Banking And Financial Services Fund is 2.76%.
Canara Robeco Banking And Financial Services Fund has an exit load as follows: exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days.
Short-term capital gains (STCG) on Canara Robeco Banking And Financial Services Fund are taxed at a flat rate of 20% (plus applicable surcharge and 4% health & education cess) if you redeem your units within 12 months of purchase. If you hold your units for more than 12 months, the gains are classified as Long-Term Capital Gains (LTCG) and taxed at 12.5% without indexation benefits, but only on the component of total equity capital gains that exceeds ₹1.25 Lakh in a single financial year. Gains up to ₹1.25 Lakh are tax-exempt. The information set out above is included for general information purposes only and does not constitute legal, financial or tax advice. Tax laws are complex and subject to frequent amendments by the Government of India. In view of the individual nature of the tax consequences, each investor is advised to consult his or her own tax consultant with respect to specific tax implications arising out of their participation in the mutual fund scheme.
Disclaimer: Past performance is not an indicator of future returns.
Mutual Fund investments are subject to market risks, read all scheme related documents and carefully for more information.