Canbank Mutual Notifies Some Changes in its Schemes

Canbank Mutual Fund has notified some changes in its schemes with effect from February 11, 2002.

Minimum investment limit has been increased to Rs 5,000 in the following schemes - Canbonus, Canexpo, Canglobal, Cantriple and Canganga. Earlier, this limit was Rs 1,000 in all the above schemes except for Canglobal, which required a minimum investment of Rs 2,000.

In Canliquid Fund, the redemption cut-off time has been extended to 12:00 noon.