Fri Feb 16 09:52:12 IST 2024

Canara Robeco Mutual Fund launches Canara Robeco Manufacturing Fund

NFO period: 16th February ? 01st March, 2024

Highlights of the NFO:

  • Scheme type ? An open-ended equity scheme following Manufacturing theme

  • Investment objective ? The scheme aims to generate long-term capital appreciation by investing predominantly in equities and equity related instruments of companies engaged in the Manufacturing theme. However, there can be no assurance that the investment objective of the scheme will be realized.

  • Product suitability ? The product is suitable for investors who are seeking long term capital appreciation by investing in equity and equity related instruments of Companies engaged in the Manufacturing theme.

  • Minimum Application Amount ? First investment Rs. 5,000/- and multiples of Rs. 1/- thereafter

  • Plan/ Options available ? Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal option (Reinvestment of Income Distribution cum capital withdrawal option and Pay-out of Income Distribution cum capital withdrawal option).

  • Fund Managers ? Mr. Pranav Gokhale and Mr. Shridatta Bhandwaldar

  • Benchmark ? S&P BSE India Manufacturing TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)