The Canara Robeco Mutual Fund is a venture which is jointly run by Canara Bank and Robeco (Netherlands). Robeco is a global asset management company. The mutual fund is managed by Canara Robeco Asset Management Company Limited (CRAMC). The Canara Robeco Mutual Fund was established in 1987. The trustee to the mutual fund is Canara Robeco Mutual Fund.
The Canara Robeco Infrastructure is an open-ended equity scheme that follows the infrastructure theme.
Investment Objective of the Canara Robeco Infrastructure - Regular Plan - Growth
The objective of investment of the Canara Robeco Infrastructure - Regular Plan - Growth scheme is to generate income and/or capital growth through investments made in equities and other instruments related to equities of companies that are related to the infrastructure sector.
Key Features of the Canara Robeco Infrastructure - Regular Plan - Growth
The main features of the Canara Robeco Infrastructure - Regular Plan - Growth scheme are as follows:
|
Type of fund |
An open-ended equity scheme that follows the infrastructure theme. |
|
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 Infrastructure - Regular Plan - Growth
|
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 Infrastructure - Regular Plan - Growth
|
Type of security |
Indicative Allocations (percentage of total assets) |
Risk Profile |
|
|
Minimum |
Maximum |
High/Medium/Low |
|
|
Equity and instruments related to equity of companies in the infrastructure sector |
80% |
100% |
High |
|
Debt and Money market instruments |
0% |
20% |
Low to Medium |
|
Units that are issued by REITs and InvITs |
0% |
10% |
Medium to High |
NAV Disclosure and Benchmark of the Canara Robeco Infrastructure - Regular Plan - Growth
The Net Asset Value or NAV of each unit under the scheme is calculated and published by the end of every working day. The NAV is rounded off up to 4 decimal places. The value of the net assets of the scheme is divided by the total number of units that are outstanding on the day of valuation to determine the NAV of each unit of the scheme. This calculation is done on the basis of the guidelines prescribed by SEBI (MF) Regulations, 1996.
The benchmark of the Canara Robeco Infrastructure - Regular Plan - Growth is S&P BSE Infrastructure.
Canara Robeco Infrastructure - Regular Plan - Growth Fund Manager
The Canara Robeco Infrastructure - Regular Plan - Growth is managed by Mr. Yogesh Patil. He has an MBA degree in Finance and has been managing the fund since 29 May 2015.
Why should you invest in Canara Robeco Infrastructure - Regular Plan - Growth?
The Canara Robeco Infrastructure - Regular Plan - Growth scheme is offered by Canara Robeco Asset Management Company Limited (CRAMC). It is the second oldest mutual fund in India. It offers a number of products based on the investment requirement of different investors. If the basic objective of an investor is to generate income or facilitate capital growth through investments made in the infrastructure sector, the Canara Robeco Infrastructure - Regular Plan - Growth scheme is a great option. However, it engages high risk.
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.
