Canara Robeco Mutual Fund has announced the revision of exit load of the Canara Robeco Gilt Fund with effective from 1 December 2008 on a prospective basis. Accordingly, the fund will levy exit load of 1% if investors get redeemed/ switched out within six months from the date of allotment.
Existing exit load is nil which will continue till 1 December 2008. Gilt Fund does not ask an entry load. Canara Robeco Gilt Fund aims to achieve risk free return (except interest rate risk), while maintaining stability of the capital and liquidity launched in December 1999.
Existing exit load is nil which will continue till 1 December 2008. Gilt Fund does not ask an entry load. Canara Robeco Gilt Fund aims to achieve risk free return (except interest rate risk), while maintaining stability of the capital and liquidity launched in December 1999.
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