Canara Robeco Income Plan introduces dividend reinvestment option

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Updated: 12/11/2008 | 12:00 AM IST

Mutual fund

Capital Market

Wednesday, November 12, 2008 (New Delhi)

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Canara Robeco Mutual Fund has introduced dividend reinvestment option under Income Plan of Canara Robeco Income Fund, an open-ended debt scheme with effect from 11 November 2008.

The Income Fund aims to generate income through investment in debt and money market securities of different maturity and issuers of different risk profiles. Canara Robeco Income Fund has three plans: Growth Plan, Income Plan and Bonus Plan. The investments under these plans are managed by Suman Prasad.

All other terms and conditions of the scheme remain unchanged.

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