Canara Robeco mutual fund unveils Canara Robeco multi cap fund, offering diversified equity investments; details here
1 min read 08 Jul 2023, 05:08 PM ISTAn open-ended equity scheme investing across large cap, mid cap, small cap stocks. Suitable for long-term capital growth. Fund Managers: Mr. Shridatta Bhandwaldar and Mr. Vishal Mishra. Benchmark: NIFTY 500 Multicap 50:25:25 Index TRI.
PremiumNFO period: 07th July – 21st July, 2023
Highlights of the NFO:
Scheme type: An open-ended equity scheme investing across large cap, mid cap, small cap stocks
Investment objective: The fund seeks to achieve long-term capital growth through diversified investments in equities and equity-related securities across large cap, mid cap, and small cap stocks. The achievement of the Scheme's investment objective, however, cannot be assured or guaranteed.
Product suitability: The product will be suitable for investors looking to invest in equities and equity-related securities spanning large cap, mid size, and small cap stocks in the hopes of long-term capital appreciation.
Fund Managers: Mr. Shridatta Bhandwaldar and Mr. Vishal Mishra
Type/Category: Multi Cap Fund - An open-ended equity scheme investing across large cap, mid cap, and small cap stocks
Plan/Option: Regular Plan & Direct Plan
Minimum Application Amount:
Lump sum Investment Purchase Rs. 5,000 and multiples of Re. 1 thereafter.
additional Purchase Rs. 1000 and multiples of Re. 1 thereafter
Systematic Investment Plan (SIP): 1000 rupees on any date or monthly frequency, and then in multiples of 1 rupee after that ₹2000 for quarterly frequency, and then in multiples of ₹1 moving forward.
Systematic Transfer Plan (STP): For Daily, Weekly, and Monthly Frequency: Rs. 1000, and thereafter in multiples of Rs. ₹2000 for quarterly frequency, and then in multiples of ₹1 moving forward.
Systematic Withdrawal Plan (SWP): For Monthly Frequency - Rs. 1000 and Subsequently, in Multiples of Rs. ₹2000 for quarterly frequency, and then in multiples of ₹1 moving forward.
Minimum Balance Requirement: There is no minimum balance requirement.
Benchmark: NIFTY 500 Multicap 50:25:25 Index TRI
For Redemptions
The NAV applicable for redemptions shall be the closing NAV of the day on which the redemption request is received at the Official Point(s) of Acceptance.
