Canara Robeco Mutual Fund has announced change in investment pattern of Canara Robeco Liquid Fund and Canara Robeco Floating Rate Scheme.
In accordance with Sebi circular date 19 January 2009, the investment pattern indicating characteristics of the portfolio of the above mentioned Liquid schemes have been revised as follows:
i. Effective 01 February 2009, scheme shall make investments in / purchase debt and money market securities with maturity of upto 182 days only.
ii. Effective 01 May 2009, the scheme shall make investments in / purchase debt and money market securities with maturity of upto 91 days only.
iii. Inter-scheme transfers of the securities having maturity of upto 365 days and already held in any other schemes of Effective Mutual Fund as on 1 February 2009 shall be permitted till 31 October 2009.
iv. Effective 1 November 2009, inter scheme transfer in the scheme shall be carried out in debt and money market instruments with maturity of upto 91 days.
In accordance with Sebi circular date 19 January 2009, the investment pattern indicating characteristics of the portfolio of the above mentioned Liquid schemes have been revised as follows:
i. Effective 01 February 2009, scheme shall make investments in / purchase debt and money market securities with maturity of upto 182 days only.
ii. Effective 01 May 2009, the scheme shall make investments in / purchase debt and money market securities with maturity of upto 91 days only.
iii. Inter-scheme transfers of the securities having maturity of upto 365 days and already held in any other schemes of Effective Mutual Fund as on 1 February 2009 shall be permitted till 31 October 2009.
iv. Effective 1 November 2009, inter scheme transfer in the scheme shall be carried out in debt and money market instruments with maturity of upto 91 days.
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