Canara Robeco Mutual Fund launches Canara Robeco Capital Protection Oriented Fund Series 10

Feb 15, 2019 by News Team

NFO period: 15th February – 01st March, 2019

Highlights of the NFO:

  • Scheme type – A close ended capital protection oriented scheme

  • Investment objective – To seek capital protection by investing in high quality fixed income securities maturing on or before the maturity of the scheme and seeking capital appreciation by investing in equity and equity related instruments. However, there is no assurance that the objective of the fund will be realised and the fund does not assure or guarantee any returns.

  • Product suitability – The product is suitable for investors who are seeking capital protection at maturity and capital appreciation over medium term by investing in debt and money market securities (70% - 100%) and equity and equity related instruments (0% - 30%).

  • Minimum Application Amount – First investment Rs. 5,000/- and multiples of Rs. 10/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option & Dividend Payout Option.

  • Fund Managers – Ms. Cheenu Gupta and Ms. Suman Prasad

  • Benchmark – CRISIL Hybrid 85+15 - Conservative Index

  • Maturity period – 1128 days from the date of allotment

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)