Mumbai: Canara Robeco Mutual Fund has revised the exit load structure in Canara Dynamic Bond Fund with effect from March 8, 2011. The fund house will charge 1 per cent as exit load if units are redeemed within 9 months from the date of allotment. The scheme earlier charged 1 per cent as exit load if units were redeemed within 4 months from the date of allotment.
Canara Robeco Bond Fund is an open ended debt scheme with the investment objective to generate income from a portfolio of debt and money market securities. The scheme is managed by Ritesh Jain and is benchmarked against CRISIL Composite Bond Fund Index.
