Canara Robeco Infrastructure Fund
Direct · GrowthAI Summary
Canara Robeco Infrastructure Fund has delivered strong SIP XIRR across horizons, with 3Y at 18.77% and 5Y at 17.97%, consistently beating the category average SIP XIRR of 16.82% (3Y) and 16.95% (5Y). Against the NIFTY 50, the fund shows substantial alpha of 14.88% over 3Y and 13.88% over 5Y, with lump-sum CAGRs of 22.7% and 21.63% versus the benchmark's 7.75% and 7.83%. Long-term performance is also solid, with 10Y XIRR of 19.81% versus the category's 16.71%.
The fund exhibits defensive characteristics with downside capture below 100% across all periods (79.44% to 93.28%), meaning it falls less than the NIFTY 50 in weak markets, while beta of 0.87-0.93 over longer horizons indicates moderate volatility. However, it has experienced 7 drawdown events exceeding 10%, and the maximum drawdown recovery took 316 days with a prolonged 818-day drawdown duration. Calmar ratios of 0.36-0.50 across horizons suggest reasonable risk-adjusted returns given the sector's inherent cyclicality.
As a sectoral infrastructure fund, the portfolio is concentrated in infrastructure-linked sectors such as capital goods, construction, power, and industrials, which drives both its strong alpha and its cyclical return pattern. Calendar year returns show wide dispersion, from 69.42% in 2014 and 56.62% in 2021 to -18.43% in 2018 and -9.73% in 2013, reflecting high sector concentration. Investors should note that no sector fund offers diversification benefits relative to a diversified equity portfolio.
The fund outperforms the category average SIP XIRR at every horizon, including 23.58% vs 14.1% over 1Y and 19.81% vs 16.71% over 10Y, placing it among the stronger performers in the sectoral/thematic category. Its alpha over the NIFTY 50 has been positive across all measured periods from 1Y to 15Y, indicating consistent stock selection. Recent calendar year returns (0.58% in 2025, 8.14% in 2026 YTD) show the fund cooling after exceptional 2021-2024 gains.
This fund suits investors with high risk tolerance seeking tactical or satellite exposure to India's infrastructure and capex theme, and it should not form a core portfolio holding given sector concentration risk. A horizon of at least 5-7 years is advisable, as the fund's drawdown history shows multi-year recovery periods. Investors should be comfortable with sharp year-to-year swings, including potential negative returns in weak infrastructure cycles.
- Consistent outperformance versus category average SIP XIRR at all horizons, including 18.77% vs 16.82% over 3Y and 19.81% vs 16.71% over 10Y
- Strong alpha against NIFTY 50 across every period, peaking at 14.88% over 3Y, with downside capture consistently below 94%
- Long-term SIP XIRR of 19.42% over 12Y demonstrates durable wealth creation through multiple market cycles
- High sector concentration typical of thematic funds produces extreme calendar year swings, from 69.42% in 2014 to -18.43% in 2018
- Seven drawdown events exceeding 10% and a maximum drawdown duration of 818 days highlight significant interim losses and slow recoveries
Generated on 04-09-2026, 2:53 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 | ₹12.86 L | 23.6% | -56.5% | 130.1% |
| 3 Years | ₹36.00 L | ₹47.60 L | 18.8% | -25.5% | 51.0% |
| 5 Years | ₹60.00 L | ₹97.39 L | 18.0% | -12.6% | 42.9% |
| 7 Years | ₹84.00 L | ₹1.55 Cr | 18.2% | -3.6% | 32.2% |
| 10 Years | ₹1.20 Cr | ₹3.43 Cr | 19.8% | 14.7% | 24.5% |
| 12 Years | ₹1.44 Cr | ₹4.94 Cr | 19.4% | 17.5% | 22.0% |
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 | 23.6% | 14.4% | 14.1% | +9.2% |
| 3 Years | 18.8% | 11.1% | 16.8% | +7.6% |
| 5 Years | 18.0% | 10.4% | 16.9% | +7.5% |
| 7 Years | 18.2% | 10.6% | 16.5% | +7.7% |
| 10 Years | 19.8% | 11.5% | 16.7% | +8.3% |
| 12 Years | 19.4% | 11.4% | 16.3% | +8.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 22.0% | 14.9% | -32.2% | 100.4% | 0.55 | 1.90 | 79% | — | — |
| 3 Years | 18.7% | 21.4% | -10.9% | 41.2% | 1.00 | 3.41 | 92% | — | — |
| 5 Years | 17.1% | 16.1% | -4.0% | 38.9% | 1.12 | 6.78 | 98% | — | — |
| 10 Years | 17.7% | 17.6% | 13.7% | 21.3% | 6.68 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +9.68 | 0.92 | 96.9% | 83.5% | 7.5% | -2.9% |
| 3 Years | +14.88 | 1.05 | 111.2% | 93.3% | 22.7% | 7.8% |
| 5 Years | +13.88 | 0.94 | 98.2% | 81.6% | 21.6% | 7.8% |
| 7 Years | +12.30 | 0.87 | 92.3% | 79.4% | 23.4% | 11.8% |
| 10 Years | +6.44 | 0.89 | 91.2% | 83.0% | 16.7% | 10.8% |
| 12 Years | +6.74 | 0.89 | 91.6% | 83.2% | 16.2% | 9.8% |
| 15 Years | +5.86 | 0.89 | 92.4% | 84.6% | 15.2% | 9.7% |