The scheme seeks to build a balanced portfolio, which would provide a combination of high annual return and capital appreciation. The scheme was made open-ended from March 2000.
The scheme seeks to provide investors long-term capital appreciation along with the liquidity of an open-ended scheme by investing in a mix of debt and equity. The scheme will invest in a diversified portfolio of equities of high growth companies and balance the risk through investing the rest in fixed income securities.
28.2% of the combined portfolio weight is common between Canara Robeco Equity Hybrid Fund Direct-Growth and SBI Equity Hybrid Fund Direct Plan-Growth.
21 stocks appear in both portfolios.
The largest shared holding is ICICI Bank Ltd., at 4.65% of Canara Robeco Equity Hybrid Fund Direct-Growth and 4.34% of SBI Equity Hybrid Fund Direct Plan-Growth.
The two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure.
Largest common holdings
ICICI Bank Ltd.HDFC Bank Ltd.State Bank of IndiaBharti Airtel Ltd.Larsen & Toubro Ltd.Reliance Industries Ltd.Solar Industries India Ltd.Bajaj Finance Ltd.
SBI Equity Hybrid Fund Direct Plan-Growth has delivered the higher 3-year CAGR (13.79% vs 12.54%). Canara Robeco Equity Hybrid Fund Direct-Growth is the cheaper of the two with an expense ratio of 0.62% against 0.71%. SBI Equity Hybrid Fund Direct Plan-Growth manages the larger corpus at ₹85.63k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.
Over 1 year, SBI Equity Hybrid Fund Direct Plan-Growth returned 7.66% against 5.87% for Canara Robeco Equity Hybrid Fund Direct-Growth; and over 3 years, SBI Equity Hybrid Fund Direct Plan-Growth leads with a 13.79% CAGR versus 12.54%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.
Canara Robeco Equity Hybrid Fund Direct-Growth has the lower expense ratio at 0.62%, compared with 0.71% for SBI Equity Hybrid Fund Direct Plan-Growth — a difference of 0.09% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick a fund.
Both Canara Robeco Equity Hybrid Fund Direct-Growth and SBI Equity Hybrid Fund Direct Plan-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.
The portfolio overlap between the two funds is 28.2%, which is considered low. At this level the two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure. You can see the shared stocks in the overlap section above.
Yes — both are Hybrid: Aggressive Hybrid funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.
Canara Robeco Equity Hybrid Fund Direct-Growth has a NAV of ₹428.01 and an AUM of ₹11.14k Cr, and was launched on 31 Dec 2012. SBI Equity Hybrid Fund Direct Plan-Growth has a NAV of ₹356.36 and an AUM of ₹85.63k Cr, launched on 31 Dec 2012. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
