Mangaluru, Feb 13: Canara Bank has launched Canara Robeco Manufacturing Fund.
The new fund offer will open for initial subscription on February 16 and would be closed on March 1 for initial subscription of Rs 10 per unit. Canara Robeco Manufacturing Fund is an open-ended equity scheme that aims to generate long-term capital appreciation through diversified investments in equity and equity related instruments of companies engaged in the manufacturing theme.
Canara Robeco Manufacturing Fund aims to invest in companies which are beneficiaries of thriving domestic demand, favourable policy reforms, robust private sector and alternative supply chain.
The fund endeavours to capitalize on manufacturing trends and opportunities investing across relevant sectors representing the manufacturing theme.
Canara Robeco Manufacturing Fund seeks to provide an opportunity to become part of India’s growth story.
The fund is suitable for investors with a high-risk appetite and long-term investment horizon of 5 years and above.