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Canara Robeco Gilt PGS introduces Trigger Facility

Canara Robeco Mutual Fund has announced to introduce the Trigger Facility based on Target Appreciation Percentage (TAP) under Canara Robeco Gilt PGS with effect from June 17, 2014.

Under this facility, the investor can select a specific percentage of target return, the value of which, if achieved in the scheme, shall be automatically switched to any of the open ended schemes of Canara Robeco Mutual Fund as selected by the investor.

This switch shall only be up to the extent of the amount appreciated as per the target return, while the original invested amount shall remain in the scheme.