Canara Robeco MF declares change in exit load under Short Term Fund
Time - 01/02/2012 : 12:40
Canara Robeco Mutual Fund has announced change in exit load under Canara Robeco Short Term Fund, with effect from February 1, 2012. Accordingly, the revised exit load will be nil from the existing exit load which was 0.50% if redeemed/switched out within six months from the date of allotment and nil if redeemed/switched out after six months from the date of allotment.
The aforesaid change will be applicable on a prospective basis from the date mentioned above in respect of investments made in the scheme.
Canara Robeco Short Term Fund is an open ended debt scheme. The objective of the fund is to generate income from a portfolio constituted of short to medium term debt and money market securities.
