MUTUAL FUNDS
Canara Robeco Fund files offer document for Multi Asset Allocation Fund
Feb-07-2025
Canara Robeco Fund has filed offer document with SEBI to launch an open ended scheme named ‘Canara Robeco Multi Asset Allocation Fund’ .The New Fund Offer price would be Rs 10. Entry load will be nil. Exit load will be 1% -if redeemed/switched out above 12% of allotted units within 365 days from the date of allotment; Nil -if redeemed/switched out up to 12% of allotted units within 365 days from the date of allotment; and Nil -if redeemed/switched out after 365 days from the date of allotment. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against 65% BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver. 

The investment objective of the Scheme is to generate long-term capital appreciation from a portfolio investing in Equity and Equity related Instruments, Debt and Money Market Instruments, Gold ETFs, and Silver ETFs.

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