Mumbai: Canara Robeco Mutual Fund has revised
the exit load structure in Canara Robeco Short Term Fund with effect from May
2, 2011. The fund house will charge 0.50 per cent as exit load if units are
redeemed within 90 days from the date of allotment. The scheme earlier charged
0.25 per cent as exit load if units were redeemed within 1 month from the date
of allotment.
Canara Robeco Short Term Fund is an open ended debt scheme, with
the investment objective to generate income from a portfolio constituted of
short to medium term debt and money market securities.
