Canara Robeco Small Cap Fund
Direct · GrowthAI Summary
Canara Robeco Small Cap Fund has delivered strong SIP XIRR of 24.2% over 5Y and 22.46% over 3Y, beating the category averages of 22.89% and 20.25% respectively. Over longer horizons, the fund has outperformed the NIFTY SmallCap 250 benchmark, with a 7Y lump-sum CAGR of 25.37% versus the benchmark's 21.71% and alpha of 5.95%. However, recent performance has lagged, with negative alpha of -1.23% over 1Y and -0.68% over 3Y.
The fund exhibits below-market volatility with beta consistently between 0.83 and 0.89 across periods, and downside capture of roughly 80-88% versus upside capture of 83-88%, indicating better downside protection than upside participation. The maximum drawdown of just -0.36% with a 32-day duration suggests strong recent drawdown control, though 6 drawdown events exceeding 10% have occurred historically. Calmar ratios of around 0.78-0.79 across 1Y, 3Y, and 5Y windows indicate consistent risk-adjusted returns.
Portfolio composition data such as top holdings and sector allocation was not provided in this dataset, so specific concentration analysis cannot be made. Investors should review the fund's latest factsheet to assess stock and sector concentration. As a small cap fund, it would typically hold a diversified basket of smaller companies with inherent higher single-stock risk.
The fund beats category average SIP XIRR at 3Y (22.46% vs 20.25%) and 5Y (24.2% vs 22.89%), while roughly matching peers at 1Y (17.89% vs 17.77%) and slightly trailing at 7Y (21.26% vs 21.8%). Calendar year returns show strong consistency in up years, including 72.22% in 2021 and 32.73% in 2023, though 2025 was negative at -3.83%. Its low expense ratio of 0.56% is a competitive advantage within the small cap category.
This fund suits investors with high risk tolerance and a long time horizon of at least 5-7 years, given small cap volatility and the mixed recent performance. It is appropriate for those seeking category-beating SIP returns with somewhat lower volatility than the benchmark. Investors should be prepared for periods of underperformance, such as the negative 2025 return of -3.83%.
- 5Y SIP XIRR of 24.2% comfortably exceeds the category average of 22.89%
- Strong long-term alpha of 5.95% over 7Y with lump-sum CAGR of 25.37% versus benchmark's 21.71%
- Low beta of 0.83-0.89 and downside capture near 80-82% across long windows, offering better downside protection than peers
- Recent underperformance versus benchmark, with negative alpha of -1.23% over 1Y and -0.68% over 3Y
- Six drawdown events exceeding 10% historically, reflecting the inherent volatility of small cap investing
Generated on 17-10-2026, 2:14 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 | ₹13.08 L | 30.1% | -49.0% | 124.2% |
| 3 Years | ₹36.00 L | ₹52.39 L | 26.4% | -1.3% | 59.2% |
| 5 Years | ₹60.00 L | ₹1.05 Cr | 24.4% | 8.3% | 39.1% |
| 7 Years | ₹84.00 L | ₹1.79 Cr | 21.4% | 18.2% | 23.8% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY SMALLCAP 250 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 30.1% | 21.9% | 17.8% | +8.2% |
| 3 Years | 26.4% | 15.2% | 20.2% | +11.1% |
| 5 Years | 24.4% | 14.3% | 22.9% | +10.2% |
| 7 Years | 21.4% | 14.4% | 21.8% | +7.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 28.6% | 20.2% | -31.2% | 125.3% | 0.68 | 3.52 | 86% | — | — |
| 3 Years | 28.3% | 28.8% | 10.7% | 52.5% | 2.03 | — | 100% | — | — |
| 5 Years | 28.6% | 29.6% | 12.2% | 40.3% | 2.98 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY SMALLCAP 250
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -1.82 | 0.89 | 87.4% | 88.5% | 1.6% | 3.0% |
| 3 Years | -0.69 | 0.83 | 82.8% | 82.5% | 10.7% | 12.3% |
| 5 Years | +0.96 | 0.83 | 83.3% | 81.4% | 12.0% | 12.0% |
| 7 Years | +5.85 | 0.85 | 86.2% | 80.7% | 25.1% | 21.5% |
| 10 Years | +3.04 | 0.85 | 85.7% | 81.4% | 15.9% | 14.0% |
| 12 Years | +2.30 | 0.85 | 85.7% | 81.4% | 13.1% | 11.5% |
| 15 Years | +1.61 | 0.85 | 85.7% | 81.4% | 10.3% | 9.1% |