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Canara Robeco Floating Rate Short Term: Revision of key features


Effective July 1, 2010 Canara Robeco Mutual Fund has approved the revision of key features under Canara Robeco Floating Rate Short Term. The changes are as follows:

  Existing   Revised
Type of scheme An open ended cash management scheme An open ended debt scheme
Asset Allocation    
Floating Rate Debt, Money Market and Derivative Instruments 65% - 100% 
Fixed Rate Debt and Derivative Instruments upto 35% 
Indian Money market Instruments  70% - 100%
Indian Debt Securitised  Upto 30%
Option Growth and Dividened (Daily and Weekly Dividned Reinvestment) Growth and Dividened (Daily, Weekly, Fortnightly and Monthly Dividned Reinvestment)

No exit load will be charged for redemption upto June 30, 2010.