Canara Robeco Multi-Cap Fund NFO: Everything you need to know

7 Jul 2023 , 11:39 AM

Canara Robeco Mutual Fund is launching NFO under its “equity category”, named as Canara Robeco Multi-Cap Fund. This open-ended fund aims to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies across market cap.

Investment strategy: The AMC would follow an active investment style supported by in-house research. Essentially, the focus would be on fundamentally strong companies with scope for growth over time. The AMC, in selecting the scrips, would focus on the fundamentals of the business, the industry structure, the quality of management sensitivity to economic factors, the financial strength of the company and the key earning drivers.

Asset allocation: The scheme being an open-ended equity scheme, would aim to generate long-term capital appreciation through investments in large cap, mid cap and small cap companies present across sectors. The scheme will intend to build a well-diversified portfolio of companies present across sectors with a long-term perspective.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in Canara Robeco Multi-Cap Fund.

Risk associated: Very high level of risk.

Benchmark: NIFTY 500 Multicap 50:25:25 Index TRI

Fund Managers: Mr. Shridatta Bhandwaldar and Mr. Vishal Mishra.

The NFO is available for subscription from July 7 to July 21. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 5000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in Canara Robeco Multi Cap Fund.