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Friday, September 26, 2014

Canara Robeco Capital Protection Oriented Fund – Series 3 NFO garners over 260 crores and with an application count over 950 applications

Canara Robeco Capital Protection Oriented Fund – Series 3 has received an overwhelming response from investors during the NFO period (from September 1 to 15, 2014). The NFO has garnered over 260 crores and with an application count over 950 applications. 

Commenting on the impressive performance of the NFO, Rajnish Narula CEO Canara Robeco Mutual Fund said “We are pleased with the excellent response to the Canara Robeco Capital Protection Oriented Fund –Series 3 NFO, especially from our retail investors. “The success of the NFO is a reflection of investor confidence in the product, good market condition and faith in Canara Robeco Mutual Fund”. 

Canara Robeco Capital Protection Oriented Fund – Series 3 is a close ended capital protection oriented schemes with tenure of 37 months. 
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