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Canara Rob Gold Saving Fund-Reg(D)

Canara Rob Gold Savings Fund-Reg(D)
Dividend Yearly
NA
Category
Equity - FOF
52-week NAV high
10.10  (As on 20-02-2019)
52-week NAV low
8.37  (As on 28-09-2018)
Expense
0.56%  (As on 31-03-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -1.86 -1.10 -2.25 -0.64 2.13 0.95 2.75 -0.28 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Jun 22, 2012
Last Dividend
NA
Minimum Investment
5000

Canara Robeco Gold Savings Fund - Regular Plan - Dividend is well-suited for individuals who are looking for capital appreciation in line with the returns of the Canara Robeco Gold Exchange Traded Fund without having to purchase any physical gold. While there are 2 investment options under this plan namely Growth and Dividend, the dividend option is further subdivided into 2 categories - Dividend Payout and Dividend Reinvestment.

Investment Objective of Canara Robeco Gold Savings Fund - Regular Plan - Dividend

The main objective of this scheme is to generate returns that closely correspond to the returns generated by the Canara Robeco Gold Exchange Traded Fund.

Key Features of Canara Robeco Gold Savings Fund - Regular Plan - Dividend

There are a number of features of this scheme that make it one of the best investment plans available in the market. Before you decide to invest in this scheme, you should learn about its significant features mentioned in the table below in order to find out whether it is the right option for you according to your specific investment goals and risk-taking capacity:

Type of fund

An open-ended fund of funds scheme that invests in Canara Robeco Gold ETF

Plans available

  • Regular Plan
  • Direct Plan

Options under each plan

  • Growth
  • Dividend
    • Dividend Reinvestment
    • Dividend Payout

The default option under this scheme is the Growth option, while the default sub-option under the dividend option is the Dividend Reinvestment option.

Risk

Moderately high

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for Canara Robeco Gold Savings Fund - Regular Plan - Dividend

See the table mentioned below to learn about the applicable amounts that you will have to pay under this plan:

Minimum application amount

Rs.5,000 and subsequently in multiples of Re.1

Minimum additional investment

Rs.1,000 and subsequently in multiples of Re.1

Minimum installment for Systematic Investment Plan (SIP)

  • For monthly investment: Rs.500 and subsequently in multiples of Re.1
  • For quarterly investment: Rs.1,000 and in multiples of Re.1 thereafter

Minimum installment for Systematic Withdrawal Plan (SWP)

  • For monthly investment: Rs.500 and in multiples of Re.1 thereafter
  • For quarterly investment: Rs.1,000 and subsequently in multiples of Re.1

Entry Load

Not applicable

Exit Load

  • If redemption or switch-outs before the completion of 1 year starting from the date of allotment of units - 2%
  • If redemption or switch-outs after the completion of 1 year starting from the date of allotment of units - Nil

Asset Allocation for Canara Robeco Gold Savings Fund - Regular Plan - Dividend

Instruments

Allocations (Percentage of total assets)

Risk Profile

Units of Canara Robeco Gold ETF

95% to 100%

Medium to high

Debt and money market instruments which includes

Cash equivalent as well as mutual fund schemes that primarily invest in money market securities or liquid schemes

0% to 5%

Low to medium

NAV Disclosure and Benchmark for Canara Robeco Gold Savings Fund - Regular Plan - Dividend

NAV - According to the SEBI (MF) Regulations, the Net Asset Value (NAV) of the scheme shall be calculated and disclosed at the end of every working day. This NAV should be published in at least 2 daily newspapers and also be uploaded on the website of the Association of Mutual Funds of India (AMFI) at www.amfiindia.com. The NAVs should also be displayed on the official website of Canara Robeco Mutual Fund at www.canararobeco.com by 10:00 a.m. of the next business day. Additionally, the scheme portfolio shall be published by the mutual fund as an advertisement in 1 English daily newspaper with nationwide circulation as well as in a newspaper published in the language of the region where the Head Office of the Mutual Fund is situated. This should be done within one month from the end of each half year.

Benchmark Index - The benchmark followed by Canara Robeco Gold Savings Fund - Regular Plan - Dividend is the domestic price of Physical Gold.

Canara Robeco Gold Savings Fund - Regular Plan - Dividend Fund Manager

The fund managers for the Canara Robeco Gold Savings Fund - Regular Plan - Dividend scheme are Mr. Avnish Jain and Ms. Suman Prasad. While Mr. Avnish Jain possesses a total experience of 24 years and has been handling the scheme since 24 June 2014, the overall experience of Ms. Suman Prasad amounts to 20 years who has been handling the fund since 14 May 2018. The fund managers use their years of experience and extensive market expertise to offer investors the right option according to their specific investment goals and risk-taking capabilities.

Why You Should Invest in Canara Robeco Gold Savings Fund - Regular Plan - Dividend

  • By investing in this scheme, unitholders can generate returns similar to physical gold.
  • SIP, STP, and SWP facilities are available for investors as per their convenience.
  • No exit load applicable if redemption and switch-out of units are carried out after completion of 1 year starting from the date of allotment of units.

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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.

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