Monday, 21 February 2011

Canara Capital Protection Oriented Fund– Series 1- 36 Months (Plan A)

Canara Robeco Mutual Fund Launched Canara Capital Protection Oriented Fund– Series 1- 36 Months (Plan A). This is a close ended income fund which can be redeem only after 36 months from the date of allotment. The offer price of Rs. 10 per unit and the minimum required investment is Rs. 5000.

The objectives of the fund is to provide capital protection through the  investment in high quality fixed income securities which may be matured on or before the maturity of the scheme and also try for capital appreciation through the investments in equity and equity related instruments. Even though the scheme does not give any assurance about the objective of the Fund will be attained and also does not assure or guarantee any returns.

The Scheme already launched in the market on 11th February, 2011 and the issue closes on 24th February, 2011. There is not entry load or exit load for the fund.

Those who are interested to join with the scheme study more about the fund and see whether it is suitable for your investment strategy. You can visit the website www.canararobeco.com for more information.

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