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Canara Robeco Overnight Fund – Regular & Direct Plans July 2019
Canara Robeco's NFO July 2019
Canara Robeco Overnight Fund is overseen by Canara Robeco Mutual Fund. It is an open-finished obligation conspire putting resources into overnight assets. This plan has opened for membership on July 19, 2019, and shut on July 23, 2019. The NFO opens for additional or proceeds with membership from 25th July 2019.
The venture goal of the plan is to furnish salary comparing with generally safe and giving an elevated level of liquidity by putting fundamentally in for the time being protections.
The Canara Robeco NFO is accessible in Regular and Direct plans with an alternative of development and profit. The every day profit reinvestment choice is accessible for both customary and direct financial specialists.
Venture Details of Canara Robeco Overnight Fund
Return since Launch: 0.40%
Least Investment (R) 5,000
Least Addl Investment (R) 1,000
Least Withdrawal (R) 1,000
Least SWP Withdrawal (R) –
Least Balance (R) –
The speculators can contribute at least Rs 5000 and in products of Re 1 from that point. For ensuing buys, one will pay at least Rs 1000 and in numerous Re 1 from that point.
Precise Transfer Plan
For Daily/Weekly/Monthly recurrence – one will contribute at least Rs 1000 and in products of Re 1 from that point,
For quarterly recurrence – financial specialists ought to contribute at least Rs 2000 and in products of Re 1 from there on
Orderly Withdraw Plan
For month to month recurrence – Rs 1000 and in products of Re 1 from that point and
For quarterly recurrence, financial specialists ought to pull back at least Rs 2000 and in products of Re 1 from that point
Least recovery Amount :
Financial specialists who are reclaimed their units will net to pay at least Rs 1000 and in products of Re 1 from that point
Passage burden and leave load doesn't material to anybody.
Canara Robeco Mutual Fund NFO is reasonable for Regular pay over the momentary that might be in accordance with the overnight call rates. The NFO offers a generally safe speculation to the speculators. Suma Prasad will deal with the plan while the CRISIL Overnight fund index will be the benchmark to the NFO.
The plan will put a limit of 100 percent in Overnight protections with an okay profile.
Canara Robeco Mutual Fund was built up in December 1987 which is the second-most seasoned and biggest Mutual store industry in India. The Asset Management Company of Canara Robeco consolidated in 1993. It offers different venture alternatives, including enhanced and topical value plans, half breed and month to month pay reserves.
Disclaimer: This article gives just data with respect to the plan. It doesn't offer any guidance or proposal. Common Fund speculations are liable to showcase chance. If it's not too much trouble read the offer archive cautiously before contributing.
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