Canara Robeco Focused Fund
Direct · GrowthAI Summary
Canara Robeco Focused Fund has delivered strong alpha versus the NIFTY 50 across all long-term windows, with a 3Y fund CAGR of 12.61% against the benchmark's 6.22% and a 5Y CAGR of 10.88% versus 5.35%. However, on a like-for-like SIP XIRR basis, the fund trails its category at 1Y (7.54% vs 11.12%) and 5Y (11.78% vs 15.5%), while beating the category at 3Y (17.57% vs 15.77%). Recent performance has softened, with a -7.26% calendar year return in 2026 after a 25.6% gain in 2024.
The fund exhibits below-benchmark volatility, with downside capture of 87.86% over 5Y and 91.17% over 3Y, meaning it falls less than the index in corrections. Risk-adjusted returns are solid, with a 3Y Calmar ratio of 1.0013 and consistent positive alpha ranging from 6.38% (3Y) to 2.83% (10Y). Three drawdown events exceeding 10% have occurred, with the maximum drawdown lasting 151 days and recovering in 88 days, indicating moderate but manageable drawdown risk.
Portfolio composition data was not provided in this dataset, so holdings and sector allocation cannot be assessed. As a focused equity fund, it is mandated to hold a concentrated portfolio of up to 30 stocks, which typically implies higher single-stock and sector concentration than diversified funds. Investors should review the latest factsheet for current top holdings before investing.
The fund's 3Y SIP XIRR of 17.57% places it above the category average of 15.77%, but its 1Y (7.54% vs 11.12%) and 5Y (11.78% vs 15.5%) XIRRs lag peers, suggesting recent relative weakness. Its long-term lump-sum record remains strong, with the fund beating the NIFTY 50 CAGR in every window from 1Y through 15Y. Consistency is a mixed picture: excellent benchmark outperformance over long horizons, but underperformance versus category peers in shorter recent windows.
This fund suits investors seeking large-cap-oriented, benchmark-beating returns with lower downside capture, and who can tolerate a concentrated focused-equity portfolio. A minimum horizon of 5 years is appropriate, given the 5Y rolling mean of 13.18% and the fund's history of multi-year alpha generation. It is best for moderate-risk investors who value downside protection but should accept that recent 1Y SIP returns have trailed the category.
- Consistent positive alpha versus NIFTY 50 across all windows, including 6.38% over 3Y and 5.45% over 5Y
- Low downside capture (87.86% over 5Y, 91.17% over 3Y) indicating better-than-index downside protection
- Strong 3Y SIP XIRR of 17.57%, ahead of the category average of 15.77%, with a low expense ratio of 0.61%
- Recent SIP returns lag the category, with 1Y XIRR of 7.54% versus the category average of 11.12% and 5Y XIRR of 11.78% versus 15.5%
- Calendar year 2026 return of -7.26% shows vulnerability in the current market phase, and three drawdown events exceeding 10% have occurred
Generated on 31-10-2026, 2:19 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.70 L | 14.2% | -21.4% | 57.9% |
| 3 Years | ₹36.00 L | ₹47.14 L | 17.7% | 0.8% | 32.9% |
| 5 Years | ₹60.00 L | ₹80.76 L | 11.8% | 8.7% | 13.8% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 14.2% | 14.3% | 11.1% | -0.1% |
| 3 Years | 17.7% | 11.0% | 15.8% | +6.7% |
| 5 Years | 11.8% | 10.4% | 15.5% | +1.4% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 14.8% | 10.9% | -9.9% | 47.4% | 0.62 | 2.46 | 91% | — | — |
| 3 Years | 18.2% | 18.7% | 10.9% | 25.5% | 3.96 | — | 100% | — | — |
| 5 Years | 13.1% | 13.8% | 10.0% | 15.2% | 4.33 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +3.78 | 1.01 | 101.5% | 96.2% | -8.3% | -12.0% |
| 3 Years | +6.38 | 0.96 | 99.5% | 91.2% | 12.6% | 6.2% |
| 5 Years | +5.45 | 0.93 | 95.1% | 87.9% | 10.9% | 5.3% |
| 7 Years | +4.36 | 0.92 | 94.9% | 87.2% | 10.6% | 6.2% |
| 10 Years | +2.83 | 0.92 | 94.9% | 87.2% | 7.3% | 4.3% |
| 12 Years | +2.24 | 0.92 | 94.9% | 87.2% | 6.0% | 3.6% |
| 15 Years | +1.68 | 0.92 | 94.9% | 87.2% | 4.8% | 2.9% |