NFO: Canara Robeco Gold Savings Fund

Canara Robeco Mutual Fund has launched a new fund from June 04, 2012, named as Canara Robeco Gold Savings Fund with the objective under the  scheme  to provide returns which may closely correspond to returns provided by Canara Robeco Gold Exchange Traded Fund (“ the Underlying Scheme”) with investments under the scheme by investing (95% – 100%) in Canara Robeco Gold ETFs, while (0% – 05%) may be invested in Debt & Money Market instruments .

 

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(*No transaction charges will be deducted on the above form. **First time investors in mutual fund should ask for KYC form)

Scheme Details:

• Scheme Opens: 04-Jun-2012
• Scheme Closes: 18-Jun-2012
• Scheme Type: Open Ended
• Scheme Category: Fund of Funds – Domestic
• Entry Load: Nil
• Exit Load: 2%- If redeemed or switched out on or before completion of 1 year from the date of allotment of units; Nil – If redeemed or switched out after the completion of 1 year from the date of allotment of units.
• Offer Price: Rs. 10/-
• Minimum  Amount: Rs. 5,000.00 and multiples of Re.1.00 thereafter
• Invest Now

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Tags: Canara Robeco Mutual Fund, Gold, June 2012, nfo, NRI

Category: Blog, Gold Units, Mutual Fund, NFO, NRI