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

Canara Rob Value Fund Direct Growth Plan is an equity fund with a NAV of ₹18.79 as of 16 Sep 2026 and scheme AUM of ₹1,298 Cr. Its 1-year, 3-year and 5-year returns are -3.19%, 9.92% and 13.23%, and the risk category is High Risk. Our view is that the fund fits investors who can accept sharp near-term swings in exchange for a longer holding period, because the recent return profile is weaker than the longer-run picture and the portfolio is built around a fairly compact set of large positions.

The benchmark-linked record also shows a mixed pattern: the fund has stayed ahead of the benchmark over 3Y and 5Y, but recent periods have been softer. That combination makes it more suitable for patient investors who are comfortable with value-oriented equity exposure and do not need smooth short-term outcomes.

Quick facts

Particular	Details
NAV	₹18.79 as of 16 Sep 2026
AUM	₹1,298 Cr
Expense Ratio	0.63%
Launch Date	03 Sep 2021
Min SIP	₹1,000
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	1% on or before 365D, Nil after 365D
Fund Managers	Vishal Mishra, Silky Jain

The fund is managed by Vishal Mishra and Silky Jain.

Source data date: as of 16 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-4.86%	-4.41%
3M	-2.34%	-3.6%
1Y	-3.19%	-7.76%
3Y	9.92%	5.74%
5Y	13.23%	5.67%

Recent performance has been uneven. The 1-month and 3-month numbers are negative, which tells us the fund has faced pressure in the latest stretch even though the 3-month figure is still less weak than the benchmark. The 1-year return remains negative, but it is notably less negative than the benchmark’s 1-year return, so the fund has cushioned some of the recent weakness rather than amplifying it.

The longer view is more constructive. Over 3 years and 5 years, the fund has stayed ahead of the benchmark by a clear margin, which points to better compounding across a full market cycle than the index delivered in the same windows. That gap matters because it suggests the strategy has added value over time even if the near term has been choppy. The contrast between the short-term softness and the longer-run outperformance is important for setting expectations.

The time pattern also looks cyclical rather than one-directional. There are phases of recovery, but they are interrupted by pullbacks, and that fits a High Risk equity fund with value-style exposure. For investors, the main takeaway is that this is not a steady-line product; the return path can move around sharply before the longer-term outcome becomes visible.

Source data date: as of 16 Sep 2026

Should you BUY or HOLD Canara Rob Value?

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 Value Fund Direct Growth Plan	-3.19%	9.92%	13.23%
LIC MF Value Fund Direct Growth Plan	17.5%	15.81%	13.33%
Quant Value Fund Direct Growth Plan	14.59%	19.39%	Data not available
Aditya Birla SL Value Fund Direct Growth Plan	10.2%	13.21%	13.75%
Mahindra Manulife Value Fund Direct Growth Plan	8.65%	Data not available	Data not available
Axis Value Fund Direct Growth Plan	6.14%	17.07%	Data not available

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

The fund’s 1-year return trails the stronger peer figures in this group, while its 3-year and 5-year numbers are more mixed. It is ahead of some peers over the longer windows, but LIC MF Value Fund Direct Growth Plan and Axis Value Fund Direct Growth Plan show stronger 3-year outcomes, and LIC MF Value Fund Direct Growth Plan is also slightly ahead on 5-year performance. That makes the short-term story look softer than the better longer-run comparison.

What stands out is that the fund’s 3-year and 5-year results do not move in lockstep with the weak 1-year reading. In other words, the recent patch has been more challenging than the longer horizon, so the peer set tells two different stories at once: stronger names in the near term, but a more competitive showing when the frame is extended.

Source data date: as of 16 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
ICICI Bank Ltd	Bank	7.65%
HDFC Bank Ltd	Bank	5.83%
Reliance Industries Ltd	Crude Oil	4.92%
Larsen & Toubro Ltd	Infrastructure	3.98%
Bharti Airtel Ltd	Telecom	3.94%
State Bank of India	Bank	3.82%
TREPS	Cash & Cash Equivalents and Net Assets	3.27%
Infosys Ltd	IT	3.12%
NTPC Ltd	Power	2.78%
Axis Bank Ltd	Bank	2.6%

The top 10 holdings account for approximately 41.91% of the portfolio.

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

The largest holding, ICICI Bank Ltd, carries a weight of 7.65%, so it is large enough to matter but not so dominant that one position appears to drive the portfolio on its own. The drop from the first holding to the tenth holding, Axis Bank Ltd at 2.6%, suggests a moderate spread across the leading names rather than a single-stock concentration.

At the same time, the top 10 names together make up 41.91% of the portfolio, which means a meaningful share of assets is still tied to a relatively small list of holdings. Since the disclosed holding count is 56, the remaining positions create a longer tail that may diversify the portfolio further, but the visible core still looks influential. That structure could allow individual large holdings to affect returns more than in a very broad, evenly spread portfolio.

Source data date: as of 16 Sep 2026

Who should invest

This fund suits investors who can tolerate High Risk equity volatility and are willing to stay invested for several years. The recent negative 1-year result shows that shorter holding periods may feel uneven, while the 3-year and 5-year record suggests the strategy can recover and compound better over time.

The key trade-off is between choppy near-term outcomes and the chance of stronger long-term participation than the benchmark. The portfolio is led by a handful of large positions and still has 56 disclosed holdings overall, so the fund may not behave like a low-volatility diversification tool. It is better aligned with investors who can accept swings and care more about multi-year results than about a smooth monthly path.

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% if units are sold within 365 days; nil after 365 days.

Source data date: as of 16 Sep 2026

Frequently asked questions

What is the current NAV of Canara Rob Value Fund Direct Growth Plan?
The current NAV is ₹18.79 as of 16 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year return is -3.19%, the 3-year return is 9.92%, and the 5-year return is 13.23%.

How does it compare with the benchmark?
It has beaten the Nifty 50 over 3 years and 5 years, while the 1-year return is less weak than the benchmark’s 1-year return.

How does it compare with peer value funds?
Its recent 1-year return is weaker than several peers, while its 3-year and 5-year results are more competitive and sit close to some of the better peer outcomes.

What is the minimum SIP amount?
The minimum SIP amount is ₹1,000.

Who manages the fund and what is the exit load?
The fund is managed by Vishal Mishra and Silky Jain. The exit load is 1% if units are sold within 365 days, and nil after 365 days.

Bottom line

Canara Rob Value Fund Direct Growth Plan has a weaker recent patch, but its 3-year and 5-year records are stronger than the benchmark and more in line with a patient equity story. Against peers, the short-term result looks softer, while the longer-term picture is more balanced. The High Risk profile and the 41.91% weight in the top 10 holdings suggest a portfolio that may be meaningfully driven by a compact core of large positions. It suits investors who can stay committed through volatility and focus on multi-year outcomes.

Published on 17 September 2026 at 11:25 AM 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.