Canara Robeco AMC announces change in TER for several schemes
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Canara Robeco Asset Management Company (AMC) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of the Scheme(s) of Canara Robeco Mutual Fund (CRAMC).
Canara Robeco Mutual Fund informed that in accordance with SEBI Circular No. SEBI/HO/IMD/DF2/CIR/P/2018/91 dated June 05, 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 several schemes will be revised with effect from July 13, 2023.
All other terms and conditions of the scheme remain unchanged. This addendum forms an integral part of the Scheme Information Documents/ Key Information Memorandums of the Scheme(s) of the Fund as amended from time to time.
