SBI Contra Fund vs Canara Robeco Large Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
16.36%
3Y Return
12.5%
Today, we're going to compare two popular funds, SBI Contra Fund and Canara Robeco Large Cap Fund. Dekho, both funds are in the same risk category, Very High, but they belong to different categories, Multi Cap and Large Cap respectively. In this article, we'll help you decide which fund is better for long-term wealth creation.
| Parameter | ASBI Contra Fund - Direct Plan - Growth | BCanara Robeco Large Cap Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | SBI Mutual Fund | Canara Robeco |
| Category | Multi Cap | Large Cap |
| NAV (₹) | 408.51 | 69.54 |
| AUM (₹ Cr) | 4.74 Lac Cr | 1.65 Lac Cr |
| Expense Ratio (%) | 0.72% | 0.83% |
| Riskometer | Very High | Very High |
| Volatility | 13.7 | 11.61 |
| Sharpe Ratio | 0.72 | 0.52 |
| 1 Year Return (%) | -1.21% | -3.79% |
| 3 Year Return (%) | 16.36% | 12.5% |
| 5 Year Return (%) | 18.26% | 11.73% |
| Since Launch (%) | 15.48% | 13.95% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 2 January 2013 | 2 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Dinesh Balachandran; Pradeep Kesavan (8.1 years yrs) | Shridatta Bhandwaldar; Vishal Mishra (9.9 years yrs) |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI | BSE 100 Total Return Index |
| Top 3 Holdings | HDFC Bank Ltd. (6.59%), Reliance Industries Ltd. (5.35%), Biocon Ltd. (3.04%) | HDFC Bank Ltd. (8.33%), ICICI Bank Ltd. (7.71%), Reliance Industries Ltd. (5.54%) |
| Asset Allocation | Equity: 81.12% | T-Bills: 2.35% | Forgn. Eq: 2.19% | Debenture: 1.92% | CD: 1.05% | REITs: 0.94% | Call Option: -0.03% | Futures: -0.16% | Equity: 96.23% | Pref. Shares: 0.01% |
| Portfolio Turnover | 130% | 16% |
🤖 AI Verdict – Which is Better?
Haan, if we look at the 3Y returns, both funds have done well, but SBI Contra Fund has a slight edge with 16.36% return. Lekin, we also need to consider the expense ratio, which is lower in SBI Contra Fund. Sach ye hai, considering all these factors, we think SBI Contra Fund is a better choice for long-term wealth creation.
Why consider SBI Contra Fund?
- Expense ratio: 0.72%
- 3Y return: 16.36%
- AUM: 4.74 Lac Cr
- Sharpe Ratio: 0.72
Why consider Canara Robeco Large Cap Fund?
- Expense ratio: 0.83%
- 3Y return: 12.5%
- AUM: 1.65 Lac Cr
- Sharpe Ratio: 0.52
📈 SIP Suitability
For a monthly SIP, consistency and return stability are crucial. Chaliye, let's compare the 1Y returns of both funds. SBI Contra Fund has a lower 1Y return of -1.21% compared to Canara Robeco Large Cap Fund's -3.79%. However, SBI Contra Fund has a higher 3Y return, which indicates better return stability. Dekho, if you're investing for the long term, SBI Contra Fund might be a better choice.
⚠️ Risk & Cost Analysis
Now, let's compare the riskometer, volatility, Sharpe ratio, and expense ratio of both funds. Haan, both funds have the same riskometer, Very High, but SBI Contra Fund has a higher Sharpe ratio of 0.72 compared to Canara Robeco Large Cap Fund's 0.52. Dekho, this indicates that SBI Contra Fund offers better risk-adjusted returns. Lekin, we also need to consider the expense ratio, which is lower in Canara Robeco Large Cap Fund.
📊 Portfolio Diversification
Let's compare the asset allocation of both funds. Chaliye, SBI Contra Fund has a more diversified portfolio with 81.12% equity allocation, while Canara Robeco Large Cap Fund has a higher equity allocation of 96.23%. Dekho, this indicates that SBI Contra Fund has a lower sector risk. Lekin, both funds have a high concentration of top holdings, with HDFC Bank Ltd. being the largest holding in both funds.
SIP Calculator – Compare Growth Potential
SBI Contra Fund
₹1516047.14
@16.4% annual return (3Y)
Canara Robeco Large Cap Fund
₹1196906.64
@12.5% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
SBI Contra Fund gives better returns in the long run, with a 5Y return of 18.26% compared to Canara Robeco Large Cap Fund's 11.73%.
Q2: Is the higher risk fund worth it?
No, the higher risk fund is not necessarily worth it. SBI Contra Fund has a higher volatility of 13.7, which may not be suitable for all investors. However, it offers better risk-adjusted returns with a Sharpe ratio of 0.72.
Q3: Which fund is more cost-effective?
Canara Robeco Large Cap Fund is more cost-effective with an expense ratio of 0.83% compared to SBI Contra Fund's 0.72%. However, SBI Contra Fund offers better risk-adjusted returns.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price