Canara Robeco Mutual Fund is a joint venture of Canara Bank and Robeco (Netherlands). Canara Bank is one of the well-known financial institutions in the country. Robeco, on the other hand, is an asset management company (AMC) which works globally. Canara Robeco Asset Management Company Limited (CRAMC) is responsible for managing the mutual fund. Canara Robeco Mutual Fund is the trustee.
The Canara Robeco Consumer Trends Fund (earlier known as Canara Robeco F.O.R.C.E. Fund - Institutional Plan) is an open-ended equity scheme.
Investment Objectives of the Canara Robeco Consumer Trends Fund - Regular Plan - Dividend
The primary investment objective of the Canara Robeco Consumer Trends Fund - Regular Plan - Dividend scheme is to create a provision for capital growth in the long run. This is done through investments predominantly made in equity and instruments related to the securities of the companies that are directly or indirectly benefited because of the growing consumer demand.
Key Features of the Canara Robeco Consumer Trends Fund - Regular Plan - Dividend
The key features of the Canara Robeco Consumer Trends Fund - Regular Plan - Dividend scheme are listed below:
|
Type of fund |
An open-ended equity scheme that follows the theme of consumption and finance. |
|
Plans available |
|
|
Options under each plan |
|
|
Risk |
High |
|
Systematic Investment Plan (SIP) |
Available |
|
Systematic Transfer Plan (STP) |
Available |
|
Systematic Withdrawal Plan (SWP) |
Available |
Investment Amount for the Canara Robeco Consumer Trends Fund - Regular Plan - Dividend
|
Minimum application amount |
Rs.5,000 and in multiples of Re.1 subsequently |
|
Minimum additional investment |
Rs.1,000 and in multiples of Re.1 subsequently |
|
Minimum instalment for Systematic Investment Plan (SIP) |
|
|
Minimum instalment for Systematic Withdrawal Plan (SWP) |
|
|
Minimum instalment for Systematic Transfer Plan (STP) |
|
|
Entry Load |
N/A |
|
Exit Load |
|
Asset Allocation for the Canara Robeco Consumer Trends Fund - Regular Plan - Dividend
|
Type of security |
Indicative Allocations (percentage of total assets) |
Risk Profile |
|
|
Minimum |
Maximum |
High/Medium/Low |
|
|
Equity and instruments related to equity of companies which are benefited from the growth of consumer demand |
80% |
100% |
High |
|
Other equity and instruments related to equity |
0% |
20% |
High |
|
Instruments related to Debt and Money market |
0% |
20% |
Low to Medium |
|
Units issued by REITs and InvITs |
0% |
10% |
Medium to High |
NAV Disclosure and Benchmark of the Canara Robeco Consumer Trends Fund - Regular Plan - Dividend
The Net Asset Value or NAV of each unit under the Canara Robeco Consumer Trends Fund - Regular Plan - Dividend scheme can be ascertained with the help of the following formula:
Net Asset Value (NAV) = (Market value or Fair value of the investments made by the scheme + Current Assets - Current Liabilities and Provisions) / Number of outstanding units under the scheme on the date of evaluation. The NAV is rounded off up to 4 decimal places. The NAV is required to be calculated and published by the end of every working day.
The benchmark of the Canara Robeco Consumer Trends Fund - Regular Plan - Dividend scheme is S&P BSE 100 TRI.
Canara Robeco Consumer Trends Fund - Regular Plan - Dividend Fund Manager
The Canara Robeco Consumer Trends Fund - Regular Plan - Dividend is managed by Mr. Ravi Gopalakrishnan. He has an MBA degree in Finance along with a Ms (Finance). He has been managing the fund since 1 October 2017.
Why should you invest in Canara Robeco Consumer Trends Fund - Regular Plan - Dividend?
The Canara Mutual Fund was established in December 1987 and was known as Canbank Mutual Fund. That makes it the second oldest mutual fund in India. It has a huge customer base in India and is one of the most reliable institutions. The Canara Robeco Consumer Trends Fund is one of the many products offered by Canara Mutual Fund. Earlier it was known as Canara Robeco F.O.R.C.E. Fund - Institutional Plan. Canara Mutual Fund offers a wide variety of products as per the varying investment requirement of different investors. If the investment objective of an investor is to generate capital growth through investments made in companies that are benefited by the growth of consumer demand, then the Canara Robeco Consumer Trends Fund is one of the best options.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar’s partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
GST rate of 18% applicable for all financial services effective July 1, 2017.
