Canara Robeco Capital Protection
Oriented Fund-Series 7
(A Closed Ended Capital Protection Oriented Scheme)
RATED - '[CARE]AAAmfs(SO)!' by CARE*
The Scheme offered is “oriented towards protection of capital” and “not with guaranteed returns”. The orientation towards protection of the capital originates from the portfolio structure of the scheme and not from any bank guarantee, insurance cover, etc. The scheme will aim to protect the capital only at maturity & the NAV of the scheme may go up or down in the interim period.
#CARE vide its letter CARE/HO/RL/2015-2016/1062 dated 13th April, 2015 has conditionally rated the Canara Robeco Capital Protection Oriented Fund- Series 7 as ‘[CARE]AAAmfs (SO)!’ (pronounced as CARE triple A m f s Structured Obligation). The rating indicates highest degree of safety regarding timely receipt of payments from the investments that the Scheme has made.
The conditional rating is subject to the Scheme receiving the regulatory approvals and fulfillment of all conditions specified in the structural provisions agreed between CARE & Canara Robeco AMC. The ratings should, however, not be construed as an indication of expected returns, prospective performance of the Mutual Fund Scheme, NAV or of volatility in its returns.
CARE reserves the right to suspend, withdraw or revise the above rating at any time on the basis of new information or unavailability of information or such other circumstances, which CARE believes, may have an impact on the rating assigned to the Scheme. The rating, as aforesaid, however, should not be treated as a recommendation to buy, sell or hold the units issued by the Scheme.
The rating is restricted to Canara Robeco Capital Protection Oriented Fund - Series 7 only. CARE does not assume any responsibility on its part, for any liability, that may arise consequent to the AMC/ Mutual Fund not complying with any guidelines or directives issued by SEBI or any other mutual fund regulatory body.
As required, a copy of this Scheme Information Document has been submitted to National Stock Exchange of India Limited (hereinafter referred to as NSE).
NSE vide its letters NSE/LIST/23595 dated 23rd April, 2015 for Canara Robeco Capital Protection Oriented Fund- Series 7 has given permission to the Mutual Fund to use the Exchange’s name in this Scheme Information Document as one of the Stock Exchanges on which the Mutual Fund’s units are proposed to be listed subject to, the Mutual Fund fulfilling the various criteria for listing.
The Exchange has scrutinized this Scheme Information Document for its limited internal purpose of deciding on the matter of granting the aforesaid permission to the Mutual Fund.
It is to be distinctly understood that the aforesaid permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE; nor does it in any manner warrant, certify or endorse the correctness or completeness of any of the contents of this Scheme Information Document nor does it warrant that the Mutual Fund’s units will be listed or will continue to be listed on the Exchange; nor does it take any responsibility for the financial or other soundness of the Mutual Fund, its sponsors, its management or any scheme of the Mutual Fund.
The Scheme being offered through this Scheme Information Document is a Close Ended Capital Protection Oriented scheme. The units may also be listed on NSE and/or other stock exchange(s) as may be deemed appropriate by the Trustees. The units of the scheme have been admitted with NSDL and CDSL. Applicant who wishes to apply for allotment in electronic form must have a demat account prior to making the application. The Units would be available for trading only in electronic form as per the ISIN allotted by NSDL and CDSL. No redemption/repurchase of units shall be allowed prior to the maturity of the scheme. Investors wishing to exit may do so by selling their units through stock exchanges. Unit Holders who do not opt for allotment of units in electronic form or where the units are not credited to the beneficiary account(s) can dematerialize their holdings and then exit the scheme by selling their units through the stock exchange. The scheme shall be fully redeemed on the date of maturity and redemption proceeds shall be paid out within 10 business days.
Subject to current Tax laws, for personal tax implication investors are requested to consult their tax advisors before investing.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.