Canara Robeco MF increases face value of
Liquid Fund and Treasury Advantage Fund
Mumbai: Canara Robeco Mutual Fund has increased the face value of Canara Robeco Liquid Fund and Canara
Robeco Treasury Advantage Fund to Rs 1,000 per unit from Rs 10 per
unit. The change will be effective from August 20, 2011.
Canara Robeco Liquid is an open ended liquid scheme with an investment objective of enhancing income, while maintaining a level of high liquidity, through investment in a mix of money market instruments and debt securities. Canara Robeco Treasury Advantage Fund is an open ended debt scheme with an investment objective to generate income/capital appreciation through a low risk strategy by investing in debt securities and money market instruments.
