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Canara Robeco Mutual Fund has launched Canara Robeco Multi Cap Fund, an open-ended scheme that will invest at least 25% each in large, mid and small cap.
In a press release, Rajnish Narula, CEO, Canara Robeco Mutual Fund said, "Investors who are looking for a good balance between risk and reward and are prepared to stay invested through various market cycles with a time horizon of 5 years or more may benefit from the India growth story with companies across market caps poised to take advantage of this unique opportunity."
“This product allows investors to selectively participate in broader market (mid/ small caps) and at the same time maintain resilience through large caps, creating opportunity for good risk adjusted returns through market cycles.” said Shridatta Bhandwaldar, Head Equities and Fund Manager.
Shridatta Bhandwaldar and Vishal Mishra are the fund managers for Canara Robeco Multi Cap Fund.