Canara Rob Consumption Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Canara Rob Consumption Fund Direct Growth Plan is at ₹124.83 as of 03 Sep 2026, and the scheme AUM stands at ₹1,997 Cr. Its 1-year, 3-year and 5-year returns are -2.51%, 11.53% and 11.64%, respectively, and the fund sits in the High Risk bucket.

Our view is that this is a consumer-led equity fund with a long enough track record to judge through both cycles and recovery phases. The 5-year return profile is steadier than the latest 1-year reading, so the fund may suit investors who can accept short-term swings in exchange for a broader participation in consumption-linked businesses.

Quick facts

Particular	Details
NAV	₹124.83 as of 03 Sep 2026
AUM	₹1,997 Cr
Expense Ratio	0.79%
Launch Date	01 Jan 2013
Min SIP	₹1,000
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	1% on or before 1Y, Nil after 1Y
Fund Managers	Ennettee Fernandes, Shridatta Bhandwaldar

The fund is managed by Ennettee Fernandes and Shridatta Bhandwaldar.

Source data date: as of 03 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-2.57%	-3.01%
3M	6.16%	1.95%
1Y	-2.51%	-4.4%
3Y	11.53%	5.74%
5Y	11.64%	6.27%

The latest stretch has been mixed rather than smooth. Over 1 month, the fund fell alongside the benchmark, but it held up slightly better than the index. Over 3 months, it recovered more strongly than the benchmark, which tells us the fund can participate well when consumption names move back in favour.

The 1-year return remains negative, yet it is less weak than the benchmark’s 1-year decline. That matters because it shows the fund did not simply mirror the broader market move during a softer period. The sharper setback in the last year also reminds investors that the path has been volatile, not linear.

The longer-term picture is stronger. Both 3-year and 5-year returns are ahead of the benchmark by a meaningful margin, which suggests the fund has compounded better than the Nifty 50 through a fuller market cycle. Our view is that the fund’s recent choppiness does not overturn the better medium-term track record, but it does show that the ride can be uneven.

For investors, the important distinction is between direction and smoothness. The fund has not delivered a stable monthly pattern, yet the 3-year and 5-year numbers indicate that patience has mattered more than short trading windows.

Source data date: as of 03 Sep 2026

Should you BUY or HOLD Canara Rob Consumption?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Canara Rob Consumption Fund Direct Growth Plan	-2.51%	11.53%	11.64%
ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan	69.39%	36.34%	Data not available
SBI Automotive Opportunities Fund Direct Growth Plan	31.34%	Data not available	Data not available
Kotak Healthcare Fund Direct Growth Plan	28.01%	Data not available	Data not available
HDFC Pharma and Healthcare Fund Direct Growth Plan	27.49%	Data not available	Data not available
Aditya Birla SL Mfg. Equity Fund Direct Growth Plan	26.54%	22.36%	15.89%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The current fund’s 1-year figure is far below the strongest peer readings in this set, while a few of the thematic peers have posted sharply stronger short-term numbers. That said, the picture becomes more balanced when we look further out: the fund’s 3-year and 5-year returns are solid and, for the peer with available longer history, remain competitive on the available numbers.

So the short-term and longer-term comparisons tell different stories. The fund has been weaker recently, but its medium-term return profile is sturdier than the latest one-year outcome suggests. For investors, that usually points to a strategy where recovery and compounding matter more than chasing the quickest recent momentum.

Source data date: as of 03 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Eternal Ltd	Retailing	7.12%
Bharti Airtel Ltd	Telecom	6.37%
HDFC Bank Ltd	Bank	4.77%
Bajaj Finance Ltd	Finance	4.74%
Mahindra & Mahindra Ltd	Automobile & Ancillaries	4.73%
Maruti Suzuki India Ltd	Automobile & Ancillaries	4.6%
TREPS	Cash & Cash Equivalents and Net Assets	4.38%
Britannia Industries Ltd	FMCG	3.76%
Samvardhana Motherson International Ltd	Automobile & Ancillaries	3.05%
Titan Co Ltd	Diamond & Jewellery	3%

The top 10 holdings account for approximately 46.52% of the portfolio.

To see all holdings, visit the Canara Rob Consumption Fund Direct Growth Plan page

The largest holding, Eternal Ltd, carries a 7.12% weight, so no single position dominates the portfolio on its own. The second holding, Bharti Airtel Ltd, is also meaningful at 6.37%, but the weights then step down through the low-5% and mid-4% range, which suggests a fairly deliberate spread across several consumer-linked and market-sensitive names.

The gap from the largest holding to the tenth is not extreme, yet it is noticeable enough to show a top-heavy first cluster before the tail broadens. With the top 10 accounting for 46.52% across 41 disclosed holdings, the portfolio is likely to have influence from a handful of larger positions while still retaining a longer tail of smaller holdings.

That balance may help the fund avoid overdependence on a single stock, but it also means the performance can still be shaped by the more visible consumer, telecom, banking and automobile names in the top list. For an investor, the key point is that this is not a narrow one-stock portfolio, yet it is also not so spread out that the largest names stop mattering.

Source data date: as of 03 Sep 2026

Who should invest

This fund suits investors who are comfortable with High Risk equity exposure and can stay invested long enough to ride through uneven periods. The negative 1-year return shows that the fund can be choppy in the short run, while the 3-year and 5-year results show that the longer holding period has mattered much more than the latest year.

It may appeal to someone who wants consumption-focused equity exposure and is prepared for performance to move differently from the benchmark over shorter windows. The main trade-off is clear: you are taking higher short-term volatility in exchange for the possibility of better multi-year compounding.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: 1% on or before 1Y, Nil after 1Y.

Source data date: as of 03 Sep 2026

Frequently asked questions

What is the current NAV of Canara Rob Consumption Fund Direct Growth Plan?
The current NAV is ₹124.83 as of 03 Sep 2026.

How has the fund performed over 1 year, 3 years and 5 years?
Its 1-year return is -2.51%, the 3-year return is 11.53% and the 5-year return is 11.64%.

How does it compare with the benchmark?
It has done better than the Nifty 50 across the 3-year and 5-year periods, and it has also held up better over 1 year. The 1-month and 3-month stretches show that short-term movement can still be uneven.

Which peer fund has the strongest 1-year return in this comparison set?
ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan has the strongest 1-year return at 69.39% among the listed peers. The comparison is based on the figures shown for the peer funds in this review.

Is there a minimum SIP amount?
Yes. The minimum SIP amount is ₹1,000.

Who manages the fund and what is the exit load?
The fund is managed by Ennettee Fernandes and Shridatta Bhandwaldar. The exit load is 1% on or before 1 year, and nil after 1 year.

Bottom line

Canara Rob Consumption Fund Direct Growth Plan shows a clear split between a softer latest year and a sturdier multi-year track record. Its 3-year and 5-year returns are ahead of the benchmark, while the recent 1-year reading is negative, so the fund has rewarded patience more than short holding periods. The portfolio is led by a few meaningful positions, but the disclosed holdings list still extends across 41 names. It is better suited to investors who can tolerate volatility and want consumer-sector equity exposure with a multi-year mindset.

Published on 4 September 2026 at 2:29 PM IST

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RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.