Canara Robeco Mutual Fund has announced 19 December 2011 as the record date for declaration od dividend under Canara Robeco Interval Scheme-Series 2-Quarterly Plan 2. The quantum of dividend will be 100% distributable surplus as on the record date. The scheme recorded NAV of Rs 10.2226 per unit under retail plan-dividend option and Rs 10.2225 per unit under institutional plan-dividend option as on 12 December 2011. Further, the fund house has changed the Specified Transaction Period under the scheme from 15th and 16th December 2011 to 19th and 20th December 2011.
The investment objective of the scheme is to generate returns and growth of capital by investing in central and state government securities and other fixed income/debt securities normally maturing within the maturity of interval plan to insulate the portfolio from the interest rate volatility.
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