Canara Robeco Multi Asset Allocation Fund NFO: Key details you should know

16 May 2025 , 12:29 PM

Canara Robeco Mutual Fund has launched NFO under its “Equity Fund category”, named as Canara Robeco Multi Asset Allocation Fund. The open ended fund aims to generate long term capital appreciation by predominantly investing in Equity and Equity related Instruments, Debt and Money Market Instruments, Gold ETFs and Silver ETFs.

Investment strategy: Canara Robeco Multi Asset Allocation Fund will follow an active investment strategy and aims to generate long-term capital appreciation.

Asset allocation: The fund to invest predominantly in mix of Equity & Equity related Instruments, Debt & Money Market Instruments, Gold ETFs, Silver ETFs, units of REITs and InvITs and such other asset classes as SEBI may prescribe from time to time.

Who should invest?

Investors with a Very high risk appetite should invest in the Canara Robeco Multi Asset Allocation Fund for 3 to 5 years.

Risk associated: Very high level of risk.

Benchmark: AMFI Tier I Benchmark – 65% BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver

Fund Managers: Amit Kadam, Ennette Fernandes, Kunal Jain

The NFO is available for subscription from May 09 to May 23, 2025. 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 ₹1000/- 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 Asset Allocation Fund.