Friday, August 29, 2008

Canara Robeco MF Launches Quarterly Interval Plan - 29 Aug 08

Canara Robeco mutual fund commenced Canara Robeco Interval Scheme-Series 2 (Quarterly Plan 2) on 1 September 2008. The issue will be closed for subscription on 9 September 2008. It is an open-ended interval scheme. The duration of the scheme is 3 months from the date of allotment. The investment objective of the scheme is to generate returns and growth of capital by investing in Central and state government securities and other fixed income / debt securities normally maturing within the maturity of the interval plan to insulate the portfolio from interest rate volatility.

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