Canara Rob Gold Saving Fund-Reg(G)

Canara Rob Gold Savings Fund-Reg(G)
Dividend Yearly
NA
Category
Equity - FOF
52-week NAV high
12.12  (As on 10-10-2019)
52-week NAV low
8.98  (As on 09-05-2019)
Expense
0.25%  (As on 30-09-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.11 2.16 17.44 18.51 12.71 6.61 8.49 6.69 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jun 25, 2012
Last Dividend
NA
Minimum Investment
5000

Canara Robeco Gold Savings Fund is one of the many products offered by Canara Robeco Mutual Fund. It is managed by Canara Robeco Asset Management Company Limited (CRAMC). The trustee company is also known as Canara Robeco Mutual Fund.

The Canara Robeco Gold Savings Fund - Regular Plan - Growth Option is an open-ended fund of fund scheme that invests in Canara Robeco Gold Exchange-Traded Fund (ETF).

Investment Objectives of the Canara Robeco Gold Savings Fund - Regular Plan - Growth Option

The main investment objective of the Canara Robeco Gold Savings Fund - Regular Plan - Growth Option is to facilitate the provision of returns that correspond the returns provided by the Canara Robeco Gold Exchange Traded Fund closely.

Key Features of the Canara Robeco Gold Savings Fund - Regular Plan - Growth Option

The main features of the Canara Robeco Gold Savings Fund - Regular Plan - Growth Option are as follows:

Type of fund An open-ended fund of fund scheme that invests in Canara Robeco Gold ETF.
Plans available
  • Canara Robeco Gold Savings Fund - Regular Plan
  • Canara Robeco Gold Savings Fund - Direct Plan
Options under each plan
  • Canara Robeco Gold Savings Fund - Regular Plan - Growth Plan
  • Canara Robeco Gold Savings Fund - Regular Plan - Dividend Plan
    • Dividend Payout Option
    • Dividend Reinvestment Option
  • Canara Robeco Gold Savings Fund - Direct Plan - Growth Plan
  • Canara Robeco Gold Savings Fund - Direct Plan - Dividend Plan
    • Dividend Payout Option
    • Dividend Reinvestment Option
Risk Moderately High
Systematic Investment Plan (SIP) Available
Systematic Transfer Plan (STP) Available
Systematic Withdrawal Plan (SWP) Available

Investment Amount for the Canara Robeco Gold Savings Fund - Regular Plan - Growth Option

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)
  • Monthly basis: Minimum amount: Rs.500 for every instalment and in multiples of Re.1 subsequently
  • Quarterly basis: Minimum amount: Rs.1,000 for every instalment and in multiples of Re.1 subsequently
Minimum instalment for Systematic Withdrawal Plan (SWP)
  • Monthly basis: Minimum amount: Rs.500 for every instalment and in multiples of Re.1 subsequently
  • Quarterly basis: Minimum amount: Rs.1,000 for every instalment and in multiples of Re.1 subsequently
Minimum instalment for Systematic Transfer Plan (STP)
  • Monthly basis: Minimum amount: Rs.500 for every instalment and in multiples of Re.1 subsequently
  • Quarterly basis: Minimum amount: Rs.1,000 for every instalment and in multiples of Re.1 subsequently
Entry Load N/A
Exit Load
  • If the units are switched out or redeemed on or before the completion of a year: 2%
  • If the units are switched out or redeemed after the completion of a year: Nil

Asset Allocation for the Canara Robeco Gold Savings Fund - Regular Plan - Growth Option

Type of security Indicative Allocations (percentage of total assets) Risk Profile
Minimum Maximum High/Medium/Low
Units of Canara Robeco Gold ETF 95% 100% Medium to High
Instruments related to debt and money market 0% 5% Medium to High

NAv Disclosure and Benchmark of the Canara Robeco Gold Savings Fund - Regular Plan - Growth Option

The Net Asset Value or NAV of each unit under the Canara Robeco Gold Savings Fund - Regular Plan - Growth scheme is calculated using the following formula:

Net Asset Value or NAV = (Fair value or Market Value of the investments of the scheme + Current Assets - Current Liabilities and Provisions) / Number of outstanding units under the scheme on the date of computation.

The calculation is made as per the recommendation of the SEBI (Mutual Funds) Regulations, 1996. The NAV is rounded off up to 4 decimal places.

Canara Robeco Gold Savings Fund - Regular Plan - Growth Option Fund Manager

The Canara Robeco Gold Savings Fund - Regular Plan - Growth Option is managed by the following managers:

  1. Mr. Avinash Jain
  2. Ms. Suman Prasad

Mr. Avinash Jain has a PGDM degree from IIM, Kolkata along with a B.Tech degree from IIT Kharagpur. He has been managing the fund since 24 June 2014. Ms. Suman Prasad has a PGDMS degree in Finance and she has been managing the fund since 14 May 2018.

Why should you invest in Canara Robeco Gold Savings Fund - Regular Plan - Growth Option?

Canara Robeco Mutual Fund is one of the most trusted mutual fund houses in India. It has a large customer base and is highly reliable. The investment objectives of the Canara Robeco Gold Savings Fund - Regular Plan - Growth scheme engages the provision of returns through investments in Canara Robeco Gold ETF. If the investment objectives of the scheme match the investment requirements of an investor, the Canara Robeco Gold Savings Fund - Regular Plan - Growth scheme is one of the best options to invest in.

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