The Current NAV of Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan is ₹10.53.

It is better to invest in a fund with a longer track record as Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark Nifty Financial Services, as the Funds portfolio is similar to its benchmark.

Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan fund’s expense ratio is 0.67%

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan is currently ₹524 Crores.

The Top three stocks are SBI, ICICI Bank and HDFC Bank and account for 20% of its portfolio. Top 5 and 10 stocks of fund account for 29% and 39% of fund’s portfolio respectively.

Top three sectors of Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan fund are Miscellaneous, BFSI and IT accounting for 99% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Banks & Financial Service.

Amit Kadam and Shridatta Bhandwaldar manage the Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan Fund.

Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan current PE ratio is 24.23 and PB ratio is 4.91

The asset allocation of Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan is Stocks : 49.78%, Debt : 50.21% and Gold : 0%

The minimum SIP amount for Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for Canara Robeco Banking and Financial Services Fund - Growth - Direct Plan is NIL upto 12% of units and 1% for remaining units on or before 365 days, Nil after 365 days