25-Jul-2025 11:33
Canara Robeco Large Cap Fund Change in Minimum Application Amount & STP, SWP, Minimum Redemption/switch out amount
Canara Robeco Mutual Fund Changes in the minimum application amount for lumpsum purchase/switch-in, additional purchase and redemption/switch-out and in the minimum instalment amount for Systematic Transfer Plan ('STP') and Systematic Withdrawal Plan ('SWP') under Canara Robeco Large Cap Fund are hereby revised as stated below, with effect from July 28, 2025
| Sub-heading | Existing Clause | Revised Clause |
|---|---|---|
| Minimum Application Amount/switch in | On continuous basis: Lump sum Investment Purchase: Rs. 5,000 and multiples of Re. 1 thereafter. Systematic Transfer Plan (STP) For Daily/Weekly/Monthly frequency - Rs. 1,000 and in multiples of Re 1 thereafter. For Quarterly frequency - Rs. 2,000 and in multiples of Re 1 thereafter. Systematic Withdrawal Plan (SWP) For Monthly frequency - Rs. 1,000 and in multiples of Re 1 thereafter. For Quarterly frequency - Rs. 2,000 and in multiples of Re 1 thereafter. For Annual frequency - Rs. 2,000 and in multiples of Re. 1 thereafter. | On continuous basis: Lump sum Investment Purchase: Rs. 100 and multiples of Re.1 thereafter. Systematic Transfer Plan (STP) For Daily/Weekly/Monthly/Quarterly frequency - Rs. 100 and in multiples of Re 1 thereafter. Systematic Withdrawal Plan (SWP) For Monthly/Quarterly/Annual frequency - Rs 100 and in multiples of Re 1 thereafter. |
| Minimum Additional Purchase Amount | Rs. 1,000 and multiples of Re. 1 thereafter. | Rs. 100 and multiples of Re. 1 thereafter. |
| Minimum Redemption/switch out amount | Rs. 1,000/- and in multiples of Re. 1/- thereafter or the account balance, whichever is lower. | Rs. 100/- and in multiples of Re. 1/- thereafter or the account balance, whichever is lower. |
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