Tuesday, December 20, 2011

Prajna Capital

Prajna Capital


Change In Fund Management Responsibilities of Canara Robeco Infrastructure Fund

Posted: 20 Dec 2011 01:48 AM PST

Canara Robeco Mutual Fund has announced to change in fund management responsibilities for Canara Robeco Infrastructure Fund, an open ended equity scheme. Accordingly, Mr. Soumendra Nath Lahiri & Mr. Yogesh Patil will manage the fund, with effect from 1st December 2011. The investment objective is to generate income/capital appreciation by investing in equities and equity related instruments of companies in the infrastructure sector
 
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What should an investor look into an offer document ?

Posted: 19 Dec 2011 11:51 PM PST

An abridged offer document, which contains very useful information, is required to be given to the prospective investor by the mutual fund. The application form for subscription to a scheme is an integral part of the offer document. SEBI has prescribed minimum disclosures in the offer document. An investor, before investing in a scheme, should carefully read the offer document. Due care must be given to portions relating to main features of the scheme, risk factors, initial issue expenses and recurring expenses to be charged to the scheme, entry or exit loads, sponsor's track record, educational qualification and work experience of key personnel including fund managers, performance of other schemes launched by the mutual fund in the past, pending litigations and penalties imposed, etc.

 
 

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