Notice: winding up of CR Gilt Advantage Fund and Change in exit load of CR Medium Term Opportunities Fund

Mutual Fund
Dec 22, 2015 by Canara Robeco Mutual Fund | Mutual Fund | 8 Downloaded

Winding up of Canara Robeco Gilt Advantage Fund

Notice is hereby given that pursuant to the provisions of the SEBI Circular No. Cir/IMD/DF/15/2014 dated 20th June, 2014 read with SEBI (Mutual Funds) Regulations, the Board of Trustees of Canara Robeco Mutual Fund have decided to wind-up Canara Robeco Gilt Advantage Fund, an Open Ended Gilt Scheme w.e.f 22nd December, 2015 as the Scheme has not been able to maintain the Average Assets Under Management criteria of Rs. 20 crores.

Accordingly, the investments of the existing unitholders in the scheme shall be redeemed at the NAV of 21st December, 2015.

Change in Exit Load of Canara Robeco Medium Term Opportunities Fund

All the unit holders of the below mentioned scheme are requested to take note of the following change in exit load of the scheme with effect from 1st January, 2016.

Canara Robeco Medium Term Opportunities Fund

The aforesaid change will be applicable on a prospective basis from the date mentioned above in respect of investments made in the scheme.

All other terms and conditions of the scheme will remain unchanged. This addendum shall form an integral part of the Scheme Information Document/Key Information Memorandum of the scheme of Canara Robeco Mutual Fund as amended from time to time.

( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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