Canara Robeco Balanced Advantage Fund vs UNIFI DYNAMIC ASSET ALLOCATION FUND
Canara Robeco Balanced Advantage Fund and UNIFI DYNAMIC ASSET ALLOCATION FUND are both Balanced Advantage funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs —, 5-year CAGR — vs —, volatility 10.94% vs 0.75%, maximum drawdown −11.02% vs −0.17%. Their portfolios overlap by 18% (31 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Canara Robeco Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | Unifi Mutual Fund |
| Compared as | Balanced Advantage | Balanced Advantage |
| NAV | ₹10.7900 | ₹11.4478 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 6 Aug 2024 | 17 Mar 2025 |
| Track record | 2.3 yrs | 1.6 yrs |
| Fund size (AUM) | ₹1,007 Cr | ₹1,478 Cr |
| Securities held | 73 | 143 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Canara Robeco Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| 1 month | +5.27% | +0.69% |
| 3 months | +0.75% | +2.25% |
| 6 months | +3.75% | +4.71% |
| 1 year | +1.41% | +8.75% |
| 3 years (CAGR) | — | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +3.48% | +8.56% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Canara Robeco Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| 2026 (year to date) | +0.94% | +7.40% |
| 2025 | +6.05% | — |
Risk
| Canara Robeco Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Volatility (annualised) ⓘ | 10.94% | 0.75% |
| Downside volatility ⓘ | 8.38% | 0.27% |
| Sharpe ratio ⓘ | -0.28 | 2.73 |
| Sortino ratio ⓘ | -0.36 | 7.56 |
| Maximum drawdown ⓘ | −11.02% | −0.17% |
| Recovery from that fall | 7 months | 0 months |
| Current fall from peak | 0.00% | 0.00% |
| Rolling 1-year return: worst | −5.71% | +7.09% |
| Rolling 1-year return: median | +2.34% | +8.06% |
| Rolling 1-year return: best | +11.86% | +8.79% |
| Share of 1-year periods with a loss | 24.68% | 0.00% |
Against each fund's benchmark
| Canara Robeco Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Beta ⓘ | 0.68 | 0.02 |
| Alpha (Jensen's, annualised) ⓘ | −0.03% | +1.53% |
| R² ⓘ | 95.89 | 14.91 |
| Upside capture | 76.12% | 26.10% |
| Downside capture | 64.79% | -18.27% |
| Tracking error | 5.34% | 14.49% |
| Information ratio | 0.67 | 0.58 |
| Treynor ratio | -10.29 | 85.69 |
Portfolio
Asset mix
| Canara Robeco Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Equity | 78.09% | 36.08% |
| Debt | 19.53% | 52.03% |
| Cash & equivalents | 2.38% | 11.90% |
Market-cap split (share of fund assets)
| Canara Robeco Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Large Cap | 58.47% | 28.56% |
| Mid Cap | 6.61% | 3.65% |
| Small Cap | 13.01% | 3.66% |
| Unclassified | 0.00% | 0.19% |
Concentration
| Canara Robeco Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Top 10 holdings | 34.80% | 29.95% |
| Effective number of stocks ⓘ | 45.6 | 64.6 |
| Securities held | 73 | 143 |
Portfolio overlap: 18%
31 companies are held by both funds; by weight, 18% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Canara Robeco Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION |
|---|---|---|
| HDFC Bank Limited | 5.91% | 3.22% |
| State Bank of India | 2.33% | 1.85% |
| Axis Bank Limited | 2.82% | 1.73% |
| Bajaj Finance Limited | 1.62% | 1.22% |
| Bharti Airtel Limited | 3.42% | 1.19% |
| Reliance Industries Limited | 4.57% | 1.05% |
| 6.94% Government of India (11/05/2036) | 0.98% | 2.00% |
| ICICI Bank Limited | 5.12% | 0.96% |
| Tata Consultancy Services Limited | 0.71% | 1.24% |
| Mahindra & Mahindra Limited | 2.01% | 0.64% |
| Hindalco Industries Limited | 0.56% | 0.97% |
| Cummins India Limited | 0.76% | 0.52% |
| Kotak Mahindra Bank Limited | 1.51% | 0.51% |
| Maruti Suzuki India Limited | 0.95% | 0.36% |
| Crompton Greaves Consumer Electricals Limited | 0.75% | 0.33% |
Top 10 holdings
Canara Robeco Balanced Advantage
- HDFC Bank Limited5.91%
- ICICI Bank Limited5.12%
- Reliance Industries Limited4.57%
- Bharti Airtel Limited3.42%
- Larsen & Toubro Limited3.12%
- Axis Bank Limited2.82%
- 7.74% LIC Housing Finance Limited 20272.48%
- 7.745% KOTAK MAHINDRA PRIME LTD 19-NOV-272.47%
- 7.44% National Bank For Agriculture and Rural Development (17/07/2029)2.46%
- 6.97% Bajaj Housing Finance Limited **2.43%
UNIFI DYNAMIC ASSET ALLOCATION
- 9.45% Vedanta Limited4.11%
- 9.75% Shrem Infra Invest Pvt Ltd 15-MAY-20283.79%
- Government of India (10/04/2028)3.76%
- GMR Airports Ltd.3.26%
- HDFC Bank Limited3.22%
- JSW Kalinga Steel Ltd.2.82%
- 10.00% GMR Goa International Airport Ltd. 27-SEP-20432.69%
- 0.00% Jubilant Bevco Ltd (31-May-2028)2.28%
- 10.80% Namdev Finvest Limited 18-OCT-20292.02%
- 6.94% Government of India (11/05/2036)2.00%
Sector exposure
| Canara Robeco Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Banks | 18.12% | 10.11% |
| CRISIL AAA | 12.25% | 0.50% |
| Sovereign | 7.28% | 6.08% |
| Finance | 6.88% | 3.08% |
| CRISIL AA+ | 0.00% | 5.79% |
| Petroleum Products | 5.53% | 1.09% |
| CRISIL AA | 0.00% | 5.10% |
| Retailing | 4.71% | 0.29% |
| CARE A- | 0.00% | 4.71% |
| CRISIL AA- | 0.00% | 4.54% |
| CRISIL A+ | 0.00% | 4.32% |
| IND AA | 0.00% | 3.79% |
| IT - Software | 3.71% | 1.40% |
| IND A- | 0.00% | 3.65% |
Questions people ask
What is the difference between Canara Robeco Balanced Advantage and UNIFI DYNAMIC ASSET ALLOCATION returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +1.41% vs +8.75%; 3-year CAGR — vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Canara Robeco Balanced Advantage and UNIFI DYNAMIC ASSET ALLOCATION compare on risk?
Volatility (36 monthly returns, annualised) 10.94% vs 0.75%; Sharpe ratio -0.28 vs 2.73; Sortino ratio -0.36 vs 7.56; maximum drawdown −11.02% vs −0.17%; beta 0.68 vs 0.02.
How much do Canara Robeco Balanced Advantage and UNIFI DYNAMIC ASSET ALLOCATION overlap?
By weight, 18% of the two portfolios is invested in the same companies; 31 stocks are held by both, the largest shared positions being HDFC Bank Limited, State Bank of India, Axis Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Canara Robeco Balanced Advantage and UNIFI DYNAMIC ASSET ALLOCATION?
Canara Robeco Balanced Advantage: large cap 58.5%, mid cap 6.6%, small cap 13.0%. UNIFI DYNAMIC ASSET ALLOCATION: large cap 28.6%, mid cap 3.7%, small cap 3.7% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.