Canara Robeco Income and Short Term Fund revises exit load

Canara Robeco Mutual Fund has announced to revise exit load under Canara Robeco Income and Canara Robeco Short Term Fund effective May 14, 2012. The revised load charges will be:

Canara Robeco Income: The exit load charge of 1% will be charged if redeemed / switched out within twelve months from the date of allotment. Nil if redeemed / switched out after twelve months from the date of allotment.

Canara Robeco Short Term Fund: Under retail and institutional plan, the exit load charge will be 0.75% if redeemed / switched out within six months from the date of allotment. Nil if redeemed / switched out after six months from the date of allotment.

 

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