Canara Robeco Mutual Fund
Canara Robeco Mutual Fund is a joint venture between public lender Canara Bank and Robeco, a Netherlands-based asset management firm. Established in December 1987 as Canbank Mutual Fund, it is the oldest mutual fund to be set up in India.
The partnership between Robeco and Canara Bank took place later in the year 2007 after which the mutual fund was renamed as Canara Robeco Mutual Fund. Since its inception, it has been growing consistently and n terms of Assets Under Management (AUM), it is one amongst the fastest growing mutual funds in the country. The assets of the fund house are managed by Canara Robeco Asset Management Company Limited (CRAMC).
Types of funds offered by Canara Robeco Mutual Fund
Canara Robeco Mutual Fund offers 24 schemes in the categories of equity, hybrid, debt, and other. Out of the 24 schemes, 6 are close-ended schemes while the rest are open-ended schemes. The features of all the schemes offered by Canara Robeco Mutual Fund have been given below.
Equity Funds by Canara Robeco Mutual Fund
Equity funds mainly focus its investment in stocks and hence, are sometimes also known as stock funds. In this category, Canara Robeco Mutual Fund offers 6 schemes. We have given the brief features of all the equity schemes below:
Canara Robeco Infrastructure: This is an open-ended equity scheme that follows the infrastructure theme of investment.
Investment Objective: To produce capital growth for the investor by investing in equity and its related securities of infrastructure firms.
Ideal for: Investors who wish to achieve capital appreciation over a long term and who prefer to invest in equities of firms engaged in the infrastructure sector.
Scheme features:
Benchmark Index | S&P BSE India Infrastructure |
Total Expense Ratio | As on 28 June 2018, TER: 2.77% - Regular plan and 1.80% - Direct Plan |
Investment Options | Growth and Dividend (Reinvestment and Payout) |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | 1% exit load will be applicable if the investor redeems or switches before 1 year from unit allotment date. No exit load will be charged on exit after 1 year |
Riskometer | High |
Fund Manager | Mr. Yogesh Patil |
Canara Robeco Equity Diversified Fund: This is an open-ended equity scheme that invests in stocks of large cap, mid cap, and small cap companies.
Investment Objective: To create capital growth for the investor by concentrating the investments on equity and its related securities.
Ideal for: Investors who wish to achieve capital gains over a long term and who wish to invest in equities and its associated instruments of large cap, mid cap, and small cap firms.
Scheme features:
Benchmark Index | S&P BSE 200 TRI |
Total Expense Ratio | As on 28 June 2018, TER: 2.51% - Regular plan and 1.74% - Direct Plan |
Investment Options | Growth and Dividend (Payout and Reinvestment) |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | 1% exit load will be applicable if the investor redeems or switches before 1 year from unit allotment date. No exit load will be charged on exit after 1 year |
Riskometer | Moderately High |
Fund Manager | Mr. Ravi Gopalakrishnan and Mr. Shridatta Bhandwaldar |
Canara Robeco Emerging Equities: This is an open-ended equity scheme that invests in stocks of both large and mid cap companies to generate capital appreciation.
Investment Objective: To fetch favourable returns for the investor by allocating a major portion of the investment on equity and its related instruments.
Ideal for: Investors who wish to grow their capital over a long term and who have an appetite for risk to invest in equity instruments of large and mid cap companies.
Scheme features:
Benchmark Index | S&P BSE 200 TRI |
Total Expense Ratio | As on 28 June 2018, TER: 2.05% - Regular plan and 0.81% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | Exit load of 1% will be applicable if the investor exits 1 year before the unit allotment date. No exit load for exit after 1 year |
Riskometer | Moderately High |
Fund Manager | Mr. Ravi Gopalakrishnan and Mr. Miyush Gandhi |
Canara Robeco Equity Tax Saver Fund:This scheme has been explained in the 'Tax Savings Funds from Canara Robeco Mutual Fund.
Canara Robeco Consumer Trends Fund: This is an open-ended equity scheme that follows the financial and consumption theme. The fund invests in the stocks of companies that are engaged in financial services and consumption domains.
Investment Objective: To present an opportunity to investors to grow their capital by investing in equity and its related instruments of firms in the consumption and financial segment.
Ideal for: Investors who seek capital gains over a long term and have a high appetite for risk to invest in equities of consumption and financial firms.
Scheme features:
Benchmark Index | S&P BSE 100 TRI |
Total Expense Ratio | As on 28 June 2018, TER: 2.76% - Regular plan and 1.48% - Direct Plan |
Investment Options | Growth and Dividend (Payout and Reinvestment) |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | 1% exit load will be charged if the investor redeems or switches before 1 year from unit allotment date. No exit load will be charged on exit after 1 year |
Riskometer | High |
Fund Manager | Ms. Cheenu Gupta |
Canara Robeco Bluechip Equity Fund:This is an open-ended equity scheme that invests in equities of large cap firms to provide favourable returns to the investor.
Investment Objective: To offer capital appreciation to the investor by investing in stocks of firms that have a large market capitalisation.
Ideal for: Investors who prefer investing in equity and its associated securities to achieve capital appreciation.
Scheme features:
Benchmark Index | S&P BSE 100 TRI |
Total Expense Ratio | As on 28 June 2018, TER: 2.80% - Regular plan and 1.72% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | 1% exit load will be applicable if switched/redeemed before 1 year from unit allotment date. No exit load will be charged for exit after 1 year |
Riskometer | Moderately High |
Fund Manager | Mr. Shridatta Bhandwaldar and Mr. Ravi Gopalakrishnan |
Hybrid schemes by Canara Robeco Mutual Fund
Hybrid schemes invest in a mix of equity, debt, money market securities, gold, etc., to fetch favourable returns for the investor. In this category, Canara Robeco Mutual Fund offers 2 open-ended schemes and 6 close-ended schemes, the features of which have been given below:
Canara Robeco Equity Debt Allocation Fund: This is an open-ended hybrid scheme that allocates a major portion of its investments on equity and its related securities and a small portion on money market and debt securities.
Investment Objective: To produce capital appreciation and income for the investor by investing money in a portfolio comprising equity, equity related, debt, and money market securities.
Ideal for: Investors who wish to generate income and capital appreciation over a long term.
Scheme features:
Benchmark Index | CRISIL Hybrid 35+65 - Aggressive Index |
Total Expense Ratio | As on 28 June 2018, TER: 2.40% - Regular plan and 1.05% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | Switch or redemption before 1 year from unit allotment date: no exit load for 10% of the investment but for the remaining investment, 1% exit load will be charged. No exit load for redemption after 1 year |
Riskometer | Moderately High |
Fund Manager | Mr. Ravi Gopalakrishnan (equities), Mr. Shridatta Bhandwaldar (equities), and Mr. Avnish Jain (fixed income) |
Canara Robeco Income Saver Fund:This is an open-ended hybrid scheme that allocates a major portion of its corpus on debt instruments and a small portion in equity and its related securities.
Investment Objective:To produce income for the investor by investing predominantly in debt and money market securities of various maturities.
Ideal for: Investors who who wish to achieve capital growth/income over a medium or long term.
Scheme features:
Benchmark Index | CRISIL Hybrid 85+15 - Conservative Index |
Total Expense Ratio | As on 28 June 2018, TER: 2.54% - Regular plan and 1.29% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | No exit load for redemption or switch out for up to 10% of units before 1 year from allotment date. 1% exit load for redemption or switch out for more than 10% of units before 1 year from allotment date. No exit load for exit after 1 year |
Riskometer | Moderately High |
Fund Manager | Mr. Miyush Gandhi and Mr. Avnish Jain |
Canara Robeco Capital Protection Oriented Fund Series 5, 6, 7, 8, 9: There are 5 schemes in this category which are all close-ended. All these funds are Capital Protection Oriented Funds that invest in a blend of equity and debt instruments. Investments in debt securities protect the capital of the investor while the equity investments grow the capital of the investor.
Investment Objective: To protect the capital of the investor by investing in high quality fixed income securities that offer low risk and also offer capital appreciation through investments in equity and related instruments.
Ideal for:Investors who wish to grow their capital and prefer to invest in low-risk securities such as fixed income securities.
Scheme features:
Name of the Fund | Benchmark Index | Investment Options/Minimum investment amount | Entry Load/Exit Load | Riskometer | Fund Manager |
Canara Robeco Capital Protection Oriented Fund Series 5 | CRISIL MIP Blended Fund Index | Growth and Dividend | Nil | Moderately Low | Ms. Cheenu Gupta (equities) and Ms. Suman Prasad (fixed income) |
Canara Robeco Capital Protection Oriented Fund Series 6 | CRISIL MIP Blended Fund Index | Growth and Dividend | Nil | Moderately Low | Ms. Cheenu Gupta (equities) and Ms. Suman Prasad (fixed income) |
Canara Robeco Capital Protection Oriented Fund Series 7 | CRISIL MIP Blended Fund Index | Rs.5,000 | Nil | Moderately Low | Mr. Miyush Gandhi and Ms. Suman Prasad (fixed income) |
Canara Robeco Capital Protection Oriented Fund Series 8 | CRISIL MIP Blended Fund Index Tenure of this scheme is 1140 days | Rs.5,000 | Nil | Moderately Low | Ms. Suman Prasad (fixed income) and Mr. Shridatta Bhandwaldar (equities) |
Canara Robeco Capital Protection Oriented Fund Series 9 | CRISIL MIP Blended Fund Index Tenure of this scheme is 1134 days | Rs.5,000 | Nil | Moderately Low | Ms. Suman Prasad (fixed income) and Mr. Shridatta Bhandwaldar (equities) |
Canara Robeco Dual Advantage Fund Series 1: This is a close-ended hybrid scheme that invests in a mix of equity and debt securities. It offers stability to the invested capital through investment in debt securities and provides capital gain through investment in equity securities. The scheme has a tenure of 1105 days.
Investment Objective: To achieve capital appreciation for the investor while also offering stability of the investment.
Ideal for: Investors who wish to grow their capital over a long term and prefer to invest in a mix of debt and equity instruments.
Scheme features:
Benchmark Index | CRISIL Hybrid 85+15 - Conservative Index |
Total Expense Ratio | As on 10 July 2018, TER: 2.17% - Regular plan and 1.07% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | Nil |
Riskometer | Moderately Low |
Fund Manager | Ms. Cheenu Gupta (equities) and Ms. Suman Prasad (fixed income) |
Debt Schemes by Canara Robeco Mutual Fund
Debt schemes invest in fixed income income securities such as corporate bonds, commercial papers, government securities, treasury bills, and other money market securities. In this category, Canara Robeco Mutual Fund offers 8 schemes all of which are briefly described below:
Canara Robeco Savings Fund:This is an open-ended low duration debt scheme that invests in money market and debt securities so that the portfolio's Macaulay Duration ranges between 6 to 12 months.
Investment Objective: To generate capital appreciation for the investor by investing money in a portfolio of debt and money market securities with a low duration.
Ideal for - Investors who wish to follow a low duration strategy to achieve capital appreciation.
Scheme features:
Benchmark Index | CRISIL Ultra Short Term Debt Index |
Total Expense Ratio | As on 28 June 2018, TER: 0.55% - Regular plan and 0.35% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | Nil |
Riskometer | Moderately Low |
Fund Manager | Mr. Girish Hisaria and Ms. Suman Prasad |
Canara Robeco Income Fund: This is an open-ended medium-to-long term debt scheme that invests in debt and money market securities such that the portfolio's Macaulay Duration is 4 years to 7 years.
Investment Objective: To create income/capital gains for the investor through investments in a portfolio comprising medium to long term money market and debt instruments.
Ideal for: Investors who seek income/capital growth over medium to long term and who prefer to invest in money market and debt securities.
Scheme features:
Benchmark Index | CRISIL Composite Bond Fund Index |
Total Expense Ratio | As on 28 June 2018, TER: 1.90% - Regular plan and 0.99% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | 1% exit load will apply if the investor exits before 1 year from unit allotment date. No exit load for exit after 1 year |
Riskometer | Moderate |
Fund Manager | Mr. Avnish Jain |
Canara Robeco Gilt Fund: This is an open-ended debt scheme that invests in government securities across maturities as defined under Sec.2 (2) of Public Debt Act, 1944.
Investment Objective: To offer risk-free returns to the investor while maintaining capital stability and liquidity.
Ideal for: Investors who prefer to invest in risk-free securities while achieving capital appreciation over a long term.
Scheme features:
Benchmark Index | I-Sec Li-Bex |
Total Expense Ratio | As on 28 June 2018, TER: 1.25% - Regular plan and 0.62% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | Nil |
Riskometer | Moderate |
Fund Manager | Mr. Girish Hisaria |
Canara Robeco Dynamic Bond Fund: This is an open-ended dynamic debt scheme that invests across duration of debt and money market securities.
Investment Objective:To generate capital appreciation for the investor through investment in a portfolio of money market and debt securities.
Ideal for: Investors who wish to achieve capital gains from investments in debt and money market instruments.
Scheme features:
Benchmark Index | CRISIL Composite Bond Fund Index |
Total Expense Ratio | As on 28 June 2018, TER: 1.75% - Regular plan and 1.04% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | Exit load of 0.5% if investor switches out or redeems before 6 months from unit allotment date. No exit load if investor exits after 6 months |
Riskometer | Moderate |
Fund Manager | Mr. Girish Hisaria |
Canara Robeco Corporate Bond Fund:
This is an open-ended debt scheme that invests in corporate bonds that are rated AA+ and above.
Investment Objective:To generate income and capital growth for the investor by investing in a portfolio that comprises corporate bonds rated AA+ and above.
Ideal for: Investors who seek income/capital growth through investments that follow a low credit risk strategy.
Scheme features:
Benchmark Index | CRISIL Composite Bond Fund Index |
Total Expense Ratio | As on 28 June 2018, TER: 1.25% - Regular plan and 0.54% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | No exit load for redemption/switch out before 1 year from unit allotment date for up to 10% of units. For redemption/switch out before 1 year for more than 10% of units, 1% exit load will be applicable. No exit load for exit after 1 year |
Riskometer | Moderate |
Fund Manager | Mr. Avnish Jain |
Canara Robeco Short Duration Fund: This is an open-ended short term debt scheme that invests in money market and debt securities so that the portfolio's Macaulay Duration is between 1 year and 3 years.
Investment Objective: To produce capital returns for the investor through investments in a broad range of money market and debt securities of different maturities and risk profile.
Ideal for: Investors who wish to grow their capital over a short term by investing in money market and debt securities.
Scheme features:
Benchmark Index | CRISIL Short Term Bond Fund Index |
Total Expense Ratio | As on 28 June 2018, TER: 1.25% - Regular plan and 0.48% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | Nil |
Riskometer | Moderately Low |
Fund Manager | Ms. Suman Prasad |
Canara Robeco Ultra Short Term Fund: This is an open-ended ultra-short term debt scheme that presents a tax efficient, low-risk, and transient investment solution for investors over a short term. The scheme invests in money market and debt securities such that the portfolio's Macaulay Duration is from 3 months to 6 months.
Investment Objective: To produce capital returns for the investor through investments in a broad range of money market and debt securities across different risk profiles and maturities.
Ideal for: Investors who have a low appetite for risk but wish to achieve capital appreciation over an ultra-short term.
Scheme features:
Benchmark Index | CRISIL Liquid Fund Index |
Total Expense Ratio | As on 28 June 2018, TER: 0.95% - Regular plan and 0.25% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | Nil |
Riskometer | Low |
Fund Manager | Mr. Girish Hisaria and Ms. Suman Prasad |
Canara Robeco Liquid Fund: This is an open-ended liquid scheme that invests in money market and debt securities having a maturity of up to 91 days only.
Investment Objective: To augment the income of the investor while also offering liquidity through investments in debt and money market securities.
Ideal for: Investors who wish to maintain a high level of liquidity while also growing their capital.
Scheme features:
Benchmark Index | CRISIL Liquid Fund Index |
Total Expense Ratio | As on 28 June 2018, TER: 0.10% - Regular plan and 0.04% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | Nil |
Riskometer | Low |
Fund Manager | Ms. Suman Prasad and Mr. Girish Hisaria |
Other schemes by Canara Robeco Mutual Fund
Canara Robeco Gold Savings Fund:
This is an open-ended Fund of Fund (FoF) scheme that invests in the Canara Robeco Gold Exchange Traded Fund. An FoF primarily invests in other schemes of the same mutual fund and offers investors an opportunity to achieve greater diversification.
Investment Objective: To offer returns to the investor that closely match the returns offered by Canara Robeco Gold Exchange Traded Fund.
Ideal for: Investors who wish to achieve similar capital returns as provided by the Canara Robeco Gold Exchange Traded Fund.
Scheme features:
Benchmark Index | Price of Physical Gold |
Total Expense Ratio | As on 28 June 2018, TER: 0.6% - Regular plan and 0.45% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.5,000 |
Entry Load | Nil |
Exit Load | 2% exit load will be charged on redemption/switch out before 1 year from unit allotment date |
Riskometer | Moderately High |
Fund Manager | Ms. Suman Prasad and Mr. Avnish Jain |
Canara Robeco Gold Exchange Traded Fund: This is an open-ended scheme that tracks the domestic price of gold and invests mainly in gold bullion of 0.995 fineness. The units of the scheme are tradeable on stock exchange.
Investment Objective:To produce returns similar to returns offered by the performance of gold. The performance however, will be subject to tracking errors.
Ideal for: Investors who wish to invest in gold and achieve capital appreciation over a long term.
Scheme features:
Benchmark Index | Domestic Price of Gold |
Total Expense Ratio | As on 28 June 2018, TER: 0.81% - Regular plan and 0% - Direct Plan |
Exchange Listed on | National Stock Exchange |
Minimum Lot (Exchange) | One unit/share |
Entry Load/Exit Load | Nil |
Taxation Treatment | Debt |
Riskometer | Moderately High |
Fund Manager | Mr. Avnish Jain and Ms. Suman Prasad |
Tax Saving Funds from Canara Robeco Mutual Fund
Canara Robeco Equity Tax Saver Fund :
This is an open-ended equity linked savings scheme that has a statutory lock-in period of 3 years and lets the investor enjoy tax benefits under Section 80C of the Income Tax Act, 1961.
Investment Objective: To offer tax benefits and capital gains to the investor by investing mainly in equities.
Ideal for: Investors who wish to avail tax benefits while also achieving capital appreciation.
Scheme features:
Benchmark Index | S&P BSE 100 TRI |
Total Expense Ratio | As on 28 June 2018, TER: 2.35% - Regular plan and 1.50% - Direct Plan |
Investment Options | Growth and Dividend |
Minimum Investment | Rs.500 |
Entry Load | Nil |
Exit Load | Nil |
Riskometer | Moderately High |
Fund Manager | Ms. Cheenu Gupta |
Eligibility criteria for investing in Canara Robeco Mutual Fund?
The following individuals/entities are eligible to invest in units of Canara Robeco Mutual Fund:
- Adult individuals residing in India
- Karta of Hindu Undivided Family (HUF)
- Minors can invest through a parent or a legal guardian
- Firms, corporate bodies, PSUs (Public Sector Undertakings), Co-operative societies registered under the Co-operative Societies Act, 1912, and Societies registered under the Societies Registration Act, 1860
- Persons of Indian Origin (PIOs), Non-Resident Indians (NRIs), and Overseas Citizens of India (OCI) on repatriation or non-repatriation basis
- Partnership Firms
- Pension Funds/Pension Fund Managers
- Religious and charitable trusts, private trusts, and Wakfs or endowments of private trusts
- Financial institutions and banks
- Mutual funds/alternative investment funds registered with SEBI
- Foreign Portfolio Investors (FPIs) and Foreign Institutional Investors (FIIs) registered with SEBI
- Council of Scientific and Industrial Research, India
- Reserve Bank of India (RBI) and Government of India approved Bilateral Development Corporation Agencies/Multilateral Financial Institutions/Corporate Bodies incorporated outside India
- Air Force, Navy, Army, and other paramilitary bodies
- Other schemes of LIC Mutual Fund subject to SEBI regulations
How to Invest in Canara Robeco Mutual Fund Online?
Canara Robeco Mutual Fund presents a simple and effortless way of investment by making it online. To subscribe to the units of the fund, the below-mentioned steps need to be followed:
- Visit the official site of Canara Robeco Mutual Fund at www.canararobeco.com
- On the right hand side of the webpage, click on the 'Invest Online' button.
- To make the first purchase, click on 'First-Time Investor'.
- To check if the investor is KYC compliant, he/she needs to fill up his/her basic details.
- The contact details of the investor need to be fed into the system.
- The investor then needs to select the fund he/she wishes to invest in, the category of the scheme, and the investment option.
- The investor can also add a nominee to his/her account by entering his/her details.
- The bank account of the investor needs to be linked with the mutual fund account. There are some banks which allow paperless transactions and if your bank falls into the category, the investment can be made immediately. However, if your bank doesn't fall into the category, you will need to send in your bank account details to the fund house.
- The investor then needs to fill in the FATCA details, confirm the fund selection, enter the amount to be invested, and confirm the purchase.
- Once the investor reads the disclaimers and confirms, a transaction number will be generated which can be preserved for future references.
- The investor will now be redirected to the payment gateway of his/her bank where he/she has to login to the bank account to make a payment.
Documents required to invest in Canara Robeco Mutual Fund
To invest in schemes of Canara Robeco Mutual Fund, the investor needs to fill up 2 forms - KYC (Know Your Customer) for first-time investors and an SIP application form. To complete the KYC process, first-time investors need to submit the KYC form along with the below documents:
- PAN card
- Passport size photo
- Proof of Identity (Driving Licence/Voters ID/Passport/Aadhaar)
- Proof of Address (Ration card/Voters ID/Aadhaar/Passport/Driving Licence/Latest Gas or Electricity bill/Latest bank account statement or passbook/Rental agreement)
Existing investors who are KYC compliant just need to submit a cancelled cheque leaf along with the form for a particular scheme, duly filled.
While investing online, investors can complete e-KYC process for investments up to Rs.50,000 but for investments above Rs.50,000, physical KYC is a must.
Why invest with Canara Robeco Mutual Fund?
- Trustworthy brand of both partners - Both the partners of Canara Robeco Mutual Fund bring with it, their own trustworthiness and amalgamate to create an even more trustworthy brand.
- Tax benefits - The Canara Robeco Equity Tax Saver scheme which is an equity-linked saving scheme lets the investor reap tax benefits under Section 80C of the Income Tax Act, 1961.
- Professional management - All the schemes of Canara Robeco Mutual Fund are managed by highly qualified fund managers who have several years of experience in managing funds. This means that your investment is in the right hands and have a potential to earn favourable returns.
- Ample experience - Established in 1987, it is the oldest mutual fund to be set up in India and with more than 3 decades of experience in the mutual fund segment, you can be rest assured that they know how to manage your investments best.
- Wide variety of schemes - Canara Robeco Mutual Fund offers 24 schemes which means you have a wide range of schemes to choose from. While some schemes offer tax benefits, some offer high capital appreciation while some offer lower risks. Depending on your appetite, you can choose a scheme that suits your needs.
- Superior customer care - The customer support team at Canara Robeco Mutual Fund are professional, efficient, and friendly to offer you assistance of a superior quality so that all the queries and grievances of investors are addressed effectively.
GST rate of 18% applicable for all financial services effective July 1, 2017.
FAQs on Canara Robeco Mutual Fund
- Will any exit load be charged if I switch from a regular to a direct mutual fund of Canara Robeco Mutual Fund?
No, you will not be charged any exit load for switching from a regular to a direct plan. Please note however that investors who registered for a Systematic Transfer Plan (STP) cannot switch on to a direct plan unless they cancel their existing enrolments.
- How do I get in touch with the customer care of Canara Robeco Mutual Fund?
You can call the toll-free number of Canara Robeco Mutual Fund at 1800-209-2726 to speak to a mutual fund executive or email them at crmf@canararobeco.com. You can also visit their branch offices located in various cities across the country.
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