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Monday, August 24, 2009

Canara Robeco MF Revises Exit Load Structure

With effect from 24 August 2009

Canara Robeco Mutual Fund has proposed to change the exit load structure for various schemes, with effect from 24 August 2009.

Canara Robeco Infrastructure, Canara Robeco Emerging Equities, Canara Robeco Equity Diversified, Canara Robeco Balance:

For all investments amounts in lump sum, the exit load charge will be 1%, if redeemed/switched out within 1 year from the date of allotment. The exit load charge will be nil if redeemed/switched out after 1 year from the date of allotment.

For all investments amounts in SIP/STP, the exit load charge will be 1%, if redeemed/switched out within 2 year from the date of allotment. The exit load charge will be nil if redeemed/switched out after 2 years from the date of allotment.

Canara Robeco Equity Tax Saver:

For all investments amounts in lump sum/ SIP/STP, the exit load charge will be nil.

Canara Robeco Nifty Index:

For all investments amounts in lump sum/ SIP/STP, the exit load charge will be 1%, if redeemed/switched out within 1 year from the date of allotment.

Canara Robeco Dynamic Bond Fund:

For all investments amounts in retail & institutional plan in lump sum, the exit load charge will be nil.

Canara Robeco Income:

For all investments amounts in lump sum/ SIP/STP, the exit load charge will be 0.5%, if redeemed/switched out within 6 months from the date of allotment.

Canara Robeco Gilt PGS:

For all investments amounts in lump sum/ SIP/STP, the exit load charge will be 0.5%, if redeemed/switched out within 6 months from the date of allotment.

Canara Robeco CIGO:

For all investments amounts in lump sum/ SIP/STP, the exit load charge will be 1%, if redeemed/switched out within 1 year from the date of allotment.

Canara Robeco Treasury Advantage Fund:

For all investments amounts in retail, institutional, super institutional plan in lump sum/ SIP/STP, the exit load charge nil.

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