
Canara Robeco Mutual Fund revised the exit load of Canara Robeco F.O.R.C.E Fund to 1.5 per cent, for redemptions within 12 months and 1 per cent for redemptions between 12 and 18 months. Earlier, the fund charged load at 1 per cent for redemptions within 12 months.
Also, the fund house removed exit load from Canara Robeco Gilt Fund, which previously charged 0.5 per cent for redemptions within 6 months of allotment.
The changes will be effective from January 01, 2014.