Mumbai: Canara Robeco Mutual Fund has filed an offer document with SEBI to launch its open ended equity scheme, Canara Robeco Multicap Fund.
The investment objective is to generate income/ capital appreciation by investing in equities and equity related instruments of companies spanning the entire market capitalization spectrum.
Minimum amount for subscription is Rs. 5,000 and multiples of Re 1 thereafter. The scheme will charge a 1% exit load if redeemed before a year. The scheme will be managed by Soumendranath Lahiri. It will be benchmarked against BSE 200.