Canara Robeco is a joint venture between Canara Bank and global asset management company Robeco of Netherlands. This joint venture combines Canara Bank’s experience in Indian market and Robeco’s global experience in asset management.
Canara Robeco Mutual Fund
Canara Robeco Mutual Fund is managed by Canara Robeco Asset Management Company Limited. It was first established in 1987 as Canbank Mutual Fund. Canara Bank partnered with Robeco in 2007 and it was renamed to Canara Robeco Mutual Fund. It offers a range of investment options including diversified and thematic equity schemes, hybrid and monthly income funds and debt/treasury products. It has been one of the fastest growing mutual funds in India in terms of Assets Under Management (AUM.).
Canara Robeco Equity Funds
- Equity Funds
Canara Robeco Equity Fund is an open ended fund that lets the investor gain returns by investing in stocks and equity bonds. This fund ensures profit bookings at regular intervals. It is suitable for investors looking to invest in equity related securities with higher risk.
- Hybrid Funds
Canara Robeco Hybrid Fund is a combination of debt and equity funds. It offers open ended income schemes and open ended dynamic schemes. It aims to generate long-term capital appreciation by investing a major portion in either equity or debt based schemes. This product is suitable for people who prefer medium risk investments.
- Debt Funds
Canara Robeco Debt Fund invests in fixed income securities such as treasury bills, government securities, corporate debentures, monthly income plans, short term plans and fixed maturity plans among many other. Debt funds offer market linked returns as assured to assured returns. It provides a steady but low income relative to equity. This fund is best suited for risk averse investors.
- Fund Of Fund
This is a type of fund that invests in other mutual funds. This type of funds allows the investor to obtain diversification in a portfolio of hedge funds.
- Exchange Traded Funds
Canara Robeco Exchange Traded Fund is an investment fund traded on stock exchanges. It holds assets such as stocks, commodities and funds close to its net asset value over the course of the trading day. It combines the valuation feature of a unit investment trust . It involves high risk.
Why buy Canara Robeco Mutual Funds?
- Investors have the option of applying for funds both online and offline.
- Provides the option of SIP.
- It allows you to track your application online.
- It offers tax benefits in the form of Equity Linked Savings Scheme (ELSS).
- Easy registration process.