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Plan a Successful Investment with Canara Robeco Mutual Fund

Author: Dishika Baheti
by Dishika Baheti
Posted: Oct 21, 2016

We always desire to reach the success and try hard by making the best efforts to reach our goals in life. But, the most important fact is that only hard work is not enough to reach that level, we must take the right path as well. Our choices play a vital role in the success of our lives. So, before making a choice of AMC in the case of mutual fund investment as well, we must make the best selection.

The second oldest mutual fund in India β€˜ The Canara Robeco Mutual Fund,’ is among the best-performing ones. A joint venture between the Indian entity Canara Bank and the global asset management company Robeco of Netherlands, Canara Robeco MF was incorporated on 2nd March 1993. Since then, it has been performing its best in the Indian investment market.

In 1987, the Canbank mutual fund was established which was a subsidiary of the Canara Bank and was later in 2007; it got merged with the Robeco Group N.V. Out of the total paid-up share capital of the Canara Robeco MF, Canara Bank holds 51% shares and remaining 49% is in the hands of the Robeco. Both the ventures have immense experience in their fields which has helped them to maintain sustainability in the Indian investment market.

Canara mutual fund has been indulged in the in-depth research of various investment projects so as to grab the most effective opportunity and provides maximum benefits to its clients. Also, by offering varied investment schemes, it is making the best possible efforts to remain stable in the market.

Canara Robeco mutual fund offers various schemes which are classified into the following categories:

  1. Equity Fund: Canara Robeco Equity Fund is an open-ended fund that provides returns to the investors by investing in stocks and equity bonds ensuring profit bookings at regular intervals. It is suitable for the investors who are looking to invest in equity-related securities with medium to higher risk.
  2. Hybrid Funds: Canara Robeco Hybrid Fund provides the combined benefits of debt and equity funds. The schemes offered under this category include open-ended income schemes and open-ended dynamic schemes. It aims to generate long-term capital appreciation by investing a major portion in either equity or debt-based schemes. This product is suitable for people who prefer medium risk investments.
  3. Debt Funds: Canara Robeco Debt Fund invests in fixed income securities such as treasury bills, government securities, corporate debentures, etc. Debt funds offer market linked returns and provide a steady but low income as compared to equity funds. This fund is the best suited for risk-averse investors.
  4. Fund Of Funds: These funds invest the monies in other mutual funds providing more diversification. By putting monies in such schemes, the investors indirectly become the part of varied investment projects.
  5. Exchange Traded Funds: It is an investment programme that is traded on the stock exchanges. Generally, it includes a high-risk feature and is more prone to market fluctuations.

Thus, by providing various schemes falling under the above-mentioned categories, the Canara mutual fund promises to offer the most favorable returns to the investors.

Everyone desires to succeed, and to achieve the same, we must have everything β€˜the best.’ By joining hands with one of the best mutual funds in India, we can easily make a better investment plan.

So if you desire to plan a successful investment for creating a fortune, the Canara Robeco Mutual Fund is one of the best choices to make.

About the Author

Dishika is well-versed with the ups and downs of the financial market and has published articles on mutual fund and SIP. She is associated with MySIPonline.com, which is an AMFI registered mutual fund company.

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Author: Dishika Baheti

Dishika Baheti

Member since: Apr 14, 2016
Published articles: 43

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