Canara Robeco Income Fund is an open ended medium term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 4 years –7 years. However, the Portfolio Macaulay duration under anticipated adverse situation may be between 1 year and 7 years. Fund manager takes an active view of the interest rate movements. Based on the interest rate view, the duration of the portfolio will be decided along with the asset allocation pattern between sovereign & corporate bonds. As majority of the portfolio gets invested in high quality debt papers, which provides consistent accrual income to the portfolio.
|Min (1st time)||₹5,000|
|Min (later on)||₹1,000|
|Exit Load : EXIT LOAD 1.00% - If redeemed / switched out within 12 months from the date of allotment Nil - if redeemed / switched out after 12 months from the date of allotment|