Canara Robeco MF Launch Canara Robeco Multi Cap Fund for Long-Term growth

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.

Updated: 08 Jul 2023, 05:08 PM IST