Canara Robeco Small Cap Fund – NFO of Canara Robeco Mutual Fund

Canara Robeco Small Cap Fund: New Fund Offer (NFO) of Canara Robeco Mutual Fund is being issued from 25-January-2019 to 08-February-2019.

 

Canara Robeco Small Cap Fund

 

According to the Canara Robeco Mutual Fund, this scheme is suitable for investors who are seeking:-

  • Capital appreciation over the long term, and
  • Investing predominantly in equities and equity related instruments of small cap companies.
About Canara Robeco Small Cap Fund New Fund Offer (NFO)
Name of the Scheme Canara Robeco Small Cap Fund
Fund House Canara Robeco Mutual Fund
Scheme Type Open-Ended
Scheme Category Small Cap Fund
Plans Direct and Regular, both have Growth and Dividend Options
Issue Starts 25-January-2019
Issue Closes 08-February-2019
NFO Unit Price Rs 10 per unit
Minimum Investment Rs 5,000
Entry Load Nil
Exit Load 1% if redeemed within a year, otherwise Nil.
Investment Manager Canara Robeco Asset Management Company Ltd.

(Read: NFO: New Fund Offer of Mutual Funds)

Investment Objectives

According to the fund house, the investment objectives of the scheme is as follows:-

To generate capital appreciation by investing predominantly in Small Cap stocks.

However, there can be no assurance that the investment objective of the scheme will be realized.

Proposed Asset Allocation
Instruments Indicative allocations
(% of total assets)
Risk Profile
Minimum Maximum High/ Medium/ Low
Equity and Equity-related Instruments of Small cap companies 65 100 High
Equity and Equity-related Instruments of companies other than Small cap companies 0 35 High
Debt and Money Market Instruments 0 35 Low to Medium
Units issued by REITs and InvITs 0 10 Medium to High

Note: Investment in Derivatives can be up to 40% of the Net Assets of the Scheme.

(Read: Mutual Funds in India: What and How to Invest)

About Canara Robeco Mutual Fund

Canara Robeco Mutual Fund is the second oldest mutual fund in India which was established in the year 1987. This a joint venture between Canara Bank, India’s leading public sector bank and Robeco, a part of ORIX Corporation, Japan. 51% shares of the company are held by Canara Bank and 49% of the shares are held by ORIX Corporation. 

   As on 31-Dec-2018, the Asset Under Management (AUM) of the company is Rs 1422.30 crores.

Registered and Corporate Address:  Construction House, 4th Floor, 5, Walchand Hirachand Marg,
Ballard Estate, Mumbai – 400 001.
Tel.ephone No. +022 – 66585000, 66585085-86,
Website: www.canararobeco.com

Please click here to read the scheme related document.

Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions. 

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Tags: #NFO #Mutual Fund #Canara Robeco Mutual Fund #Canara Robeco NFO #New Fund Offer

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