06-08-2023 02:11 PM | Source: Accord Fintech
Canara Robeco AMC informs change in TER
News By Tags | #93 #392

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Canara Robeco Asset Management Company (AMC) has informed that in accordance with SEBI Circular No. SEBI/HO/IMD/DF2/CIR/P/2018/91 dated  June 5, 2018, the base Total Expense Ratio (TER) (TER excluding additional expenses provided in Regulation 52(6A) (b), 52(6A) (c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Services Tax on investment and advisory fees) of the some schemes will be revised with effect from June 13, 2023. 

All other terms and conditions as mentioned in Scheme Information Document (SID) and Key Information Memorandum (KIM) of the aforesaid Schemes remain unchanged.