Canara Robeco Mutual Fund launched Canara Robeco Fixed Maturity Plan-Series 4 (Quarterly Plan 4) on 7 November 2008. The issue will be closed for subscription on 10 November 2008. It is a close-ended debt scheme.The aim of the scheme is to generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the scheme.
The minimum investment amount under retail plan will be Rs 5000 and in multiples of Re 1 thereafter and that of under institutional plan will be Rs 1 crore and in multiples of Re 1 thereafter.
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