Question 1

What is the current NAV of Canara Robeco Banking and PSU Debt Fund Direct - Growth?

Accepted Answer

The current Net Asset Value (NAV) of the Canara Robeco Banking and PSU Debt Fund - Direct Growth plan is approximately ₹12.42 as of Oct 20, 2025.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Canara Robeco Banking and PSU Debt Fund Direct - Growth is a 3 yrs 2 m old fund and has delivered average annual returns of 7.02% since inception.

Canara Robeco Banking and PSU Debt Fund Direct - Growth Returns

1-Year	3-Year	Since Inception
7.49%	7.44%	7.02%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Canara Robeco Banking and PSU Debt Fund - Direct Growth has an expense ratio of 0.38%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The Canara Robeco Banking and PSU Debt Fund currently has assets under management (AUM) or fund size valued at approximately 200 Cr as on Sep 30, 2025.

Question 5

To whom does Canara Robeco Banking and PSU Debt Fund lend to?

Accepted Answer

The top 3 debt holdings of Canara Robeco Banking and PSU Debt Fund are as follows

Holding Name	Percentage of Portfolio
HDFC Bank Ltd.	7.86%
Indian Railway Finance Corporation Ltd.	7.77%
LIC Housing Finance Ltd.	7.62%

Question 6

What is the quality of borrowers this mutual fund scheme lends to?

Accepted Answer

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Canara Robeco Banking and PSU Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	78.69%
SOV	8.02%
Cash & Call Money	7.82%

Question 7

What is risk level of Canara Robeco Banking and PSU Debt Fund?

Accepted Answer

This is a Banking And Psu fund comes with Moderate risk.

Question 8

Is there any lock-in period in this mutual fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

How do I invest in Canara Robeco Banking and PSU Debt Fund Direct - Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Canara Robeco Banking and PSU Debt Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Canara Robeco Banking and PSU Debt Fund is complete.

Question 10

How can I redeem my investments in Canara Robeco Banking and PSU Debt Fund?

Accepted Answer

Redeeming your investments in the Canara Robeco Banking and PSU Debt Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.38% as on Sep 30, 2025
Exit load	0%
AUM (Fund size)	₹200 Cr
Lock-in Period	Nil
Age	3 yrs 2 m since Jul 29, 2022
Benchmark	CRISIL Banking and PSU Debt A-II
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Period	This fund	Category average
1 Month	0.8%	0.79%
3 Months	1.35%	1.31%
6 Months	2.84%	3.13%
1 Year	7.49%	8.19%
2 Years	7.88%	8.34%
3 Years	7.44%	7.89%

Alpha	4.8 vs. 4.32 Higher outperformance against benchmark
Sharpe	0.75 vs. 4.78 Poor risk-adjusted returns
Beta	2.27 vs. 2.06 More sensitive to market's ups & downs
Standard deviation	0.96 vs. 1.06 More stable returns

Fund AUM	200 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

No. of schemes	26 view all schemes
Total AUM	1,19,727 Cr as on Sep 30, 2025
Address	4th Floor - Construction House, 5 - Walchand Hirachand Marg, Mumbai, 400001
Phone	022-22621371/ 66585000 / 665850010

Canara Robeco Banking and PSU Debt Fund Direct - Growth

Historical NAV & returns

Canara Robeco Banking and PSU Debt Fund overview

Canara Robeco Banking and PSU Debt Fund Returns calculator

Trailing returns as on Oct 17, 2025

Asset allocationas on Sep 30, 2025

Key risk & return ratios Compared to other funds in the category

Compare Canara Robeco Banking and PSU Debt Fund in detail with

About this fund

About Canara Robeco Banking and PSU Debt Fund

Fund managers

Investment objective

Canara Robeco Mutual Fund details

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Frequently asked questions

Canara Robeco Banking and PSU Debt Fund Direct - Growth Returns

ET Money rank

Fund name	ETM Rank	AUM	1Y	3Y
Canara Robeco Gilt Fund	N.A.	150 Cr	5.43%	7.66%
Canara Robeco Short Duration Fund	N.A.	427 Cr	7.99%	7.63%
Canara Robeco Savings Fund	N.A.	1,326 Cr	7.7%	7.58%
Canara Robeco Income Fund	N.A.	123 Cr	6.43%	7.54%
Canara Robeco Corporate Bond Fund	N.A.	114 Cr	7.35%	7.5%