Canara Robeco Gilt Fund Direct Plan Growth option

About Canara Robeco Gilt Fund - Direct Plan - Growth

Canara Robeco Gilt Fund is a debt-oriented mutual funds scheme which invests mostly in the securities that are issued by the government agencies. The fund intends to provide returns that are risk-free while maintaining a high degree of liquidity and stability.

Pros and Cons of Canara Robeco Gilt Fund - Direct Plan - Growth

This fund is suitable for risk-averse investors as the asset allocation of this fund is mostly made towards the government-issued debt securities, thus making it a secure investment option. However, the returns offered by this fund is not comparable with that of an equity-oriented mutual fund plan.

Fund Information and Statistics

i) Inception/Launch Date

Canara Robeco Gilt Fund - Direct Plan - Growth was launched on 2 January 2013.

ii) Risk Level

The Canara Robeco fund house has categorised Canara Robeco Gilt Fund - Direct Plan - Growth under the ‘moderate risk’ mutual funds. It carries a lower risk than equity and hybrid funds.

iii) Redemption

Since Canara Robeco Gilt Fund - Direct Plan - Growth is an open-ended mutual fund scheme, and you can withdraw your investment at any time.

iv) Fund Manager

Mr Girish Hisaria is the current fund manager of Canara Robeco Gilt Fund.

v) Entry/Exit Load

The regulations of the Indian market regulator have kept fund houses away from levying entry load on all mutual funds. This fund does not have an exit load in order to provide investors with liquidity.

About Canada Robeco Mutual Fund

Canara Robeco Mutual Fund is one of the first asset management companies in India. It was constituted in 1987 and eventually registered with the Securities and Exchange Board of India (SEBI) in 1993. The joint venture is being sponsored by the duo of Canara Bank and ORIX Corporation Europe N. V. (Robeco Groep N. V.).