Canara Robeco Mutual Fund new issue closes on 15th April
Canara Robeco Mutual Fund has launched Canara Robeco Yield Advantage Fund, an open-ended income scheme.
The investment objective of the scheme is to generate regular income by investing in a wide range of debt securities and money market instruments of various maturities and risk profile and a small portion of investment in equity and equity related instruments.
The new issue closes on 15th April. The minimum investment amount is Rs5,000.
CRISIL MIP Blended Index is the benchmark index. Ritesh Jain, head-fixed income, is the fund manager.
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