CanaraRobeco MutualFund introduces Multi Asset Allocation Fund
Canara Robeco Mutual Fund has launched Canara Robeco Multi Asset Allocation Fund, an open-ended scheme investing in Equity & Equity related instruments, debt & money market instruments, Gold ETFs, and Silver ETFs. The NFO opens for subscription on May 09, 2025 and closes on May 23, 2025. The Entry Load is not applicable for the scheme. The 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 upto 12% of allotted units within 365 days from the date of allotment and there is no exit load - if redeemed/switched out after 365 days from the date of allotment. The minimum subscription amount is Rs 5,000 and multiples of Re. 1 thereafter.
The performance of the Scheme will be benchmarked at 65% BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver and its fund managers are Amit Kadam, Ennette Fernandes and Kunal Jain.
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.
