Canara Robeco Capital Protection Oriented Fund – Series 8 is a capital protection-oriented scheme which will provide capital protection at maturity and capital appreciation over the medium term. The investment will be done in debt and money market securities up to 70 percent to 100 percent and equity and equity-related instruments for up to 30 percent. Here investor’s principle will be held at moderately low risk.
Here are a few things you should know before investing in this scheme:
New Fund Offer time period
The NFO opened on May 12, 2017, and closes on May 26, 2017.
Investment Objective
The objective of this scheme is to seek capital protection by investing in high-quality fixed income securities maturing on or before the maturity of the scheme and seeking capital appreciation by investing in equity and equity-related instruments. However, there is no assurance that the objective of the fund will be realized and the fund does not assure or guarantee any returns.
Asset Allocation
The asset allocation under the Scheme, under normal circumstances, will be as follows:
Liquidity of the Scheme
Units of this scheme may be listed on the Bombay Stock Exchange or on other stock exchanges. The applicant who wishes to apply for an allotment in electronic form must have a demat account prior making the application. The unit will be available for trading only in the electronic form as per the ISIN allotted by NSDL and CSDL. The units cannot be redeemed until the maturity of the scheme. The scheme will be fully redeemable on the date of the maturity and the redemption proceeds will be paid out within 10 business days.
Load Structure
The entry load and exit load is not applicable under this scheme.
Minimum Application Charges
The MAC for the scheme is Rs 5000, which can be increased in multiples of Rs 10 thereafter during New Fund Offer.
Scheme’s Benchmark
The benchmark of the scheme is CRISIL MIP Blended Fund Index.
It is, however, to be noted that one should consult one’s financial adviser before investing in such a fund. Moreover, one must link one’s investments to one’s financial goals of life.
(Source: amfiindia website)
