01-01-1970 12:00 AM | Source: Accord Fintech
Canara Robeco AMC informs change in exit load
News By Tags | #93 #392

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Canara Robeco Mutual Fund (MF) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of Canara Robeco Mutual Fund (CRMF). 

Canara Robeco Mutual Fund (CRMF) has announced that exit load of Canara Robeco Corporate Bond Fund has been revised to ‘Nil’ from existing exit load of ‘If redeemed/switched-out within 90 Days from the date of allotment: 0.50%. If redeemed/switched-out after 90 Days from the date of allotment: Nil’. Meanwhile, Canara Robeco Income Fund has been revised to ‘Nil’ from existing ‘1% - if redeemed/switched out within 12 months from the date of allotment.’ Additionally, exit loa of Canara Robeco Dynamic Bond Fund has also been revised to ‘Nil’ from present ‘If redeemed/switched out within six months from the date of allotment: 0.50%. If redeemed/switched out after six months from the date of allotment: Nil’.

All the other provisions and terms and conditions of the Schemes of CRMF shall remain unchanged. This addendum shall form an integral part of the SID/KIM of the Schemes of the CRMF, as amended from time to time.