Canara Robeco Gilt Advantage Fund : NFO opening on 14th Feb 2011

by khalid on 17/02/2011 · 0 comments

Canara Robeco Mutual Fund is the top mutual funds investment companies in India offers wide portfolio of the best mutual funds. The company has launched a New Fund Offer (NFO) named as Canara Robeco Gilt Advantage Fund. This is an open ended gilt fund.

The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue is open for subscription from 14th February 2011 and closes on 21st February 2011.

Suman Prasad will be the fund manager of the open-ended Canara Robeco Gilt Advantage Fund.

The scheme offers two options – growth and dividend option with the dividend option offering investment and dividend payout facility.

The investment objective of the scheme would be to generate returns commensurate with low credit risk by predominantly investing in the portfolio comprising of short to medium term Government securities guaranteed by Central and State Government with a weighted average portfolio duration not exceeding 3 years. However, there can be no assurance that the investment objective of the Scheme will be realized.

Entry load : NIL
Exit load : NIL

Fund NameCanara Robeco Mutual Fund
Scheme Name Canara Robeco Gilt Advantage Fund
Scheme CategoryOpen Ended (Gilt)
NFO Launch Date14th Feb 2011
NFO Closure Date21st Feb 2011
NFO Price (Rs) 10
Min. Subscription Amount(Rs) 5000 and in multiples of Re1 thereafter

For Further Details Please Visit Website : www.canararobeco.com

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