Canara Robeco Mutual Fund, India’s second oldest mutual fund, launched Canara Robeco Multi Cap Fund. This solution aims to generate long-term capital appreciation through diversified investments in large, mid, and small-cap stocks, benefiting investors from the power of equity markets. The new fund invests in companies with diverse market capitalizations, focusing on active portfolio management and diversification to generate good performance and reduce overall risk.
The multi-cap fund has a minimum equity exposure limit of 75%, with the flexibility to go overweight in large, mid, and small-cap stocks. Its dynamic strategy combines portfolio stability and alpha generation, allowing investors to participate throughout a company’s life cycle, creating long-term wealth. It uses the Nifty 500 Multicap 50:25:25 Index TRI as its first-tier benchmark.
Large-cap stocks n the fund would be among the first 100 companies, the mid-cap stocks would be from 101st company right up to the 250th company and the small-cap stocks in the fund would be 251st company onwards in terms of full market capitalization.Mr. Rajnish Narula, CEO, Canara Robeco Mutual Fund said, “Canara Robeco Multi Cap Fund can be one of the good opportunities to create long-term wealth through both lump sum and SIP mode of investment.”
