NFO Alert: Canara Robeco Mutual Fund Launches Multi Asset Allocation Fund

Canara Robeco Mutual Fund has announced the launch of its new open-ended hybrid scheme, Canara Robeco Multi Asset Allocation Fund. The New Fund Offer (NFO) opens for subscription on May 9, 2025, and closes on May 23, 2025. The scheme will reopen for ongoing subscriptions and redemptions on or before June 6, 2025.

Fund Structure and Objective

The fund will invest in a mix of equity and equity-related instruments, debt and money market instruments, along with gold and silver ETFs. The objective is to adjust allocation across asset classes based on economic indicators, market valuation, earnings trends, and equity risk premium. The allocation is intended to adapt across market phases rather than remain static.

Investment Details

• Minimum Investment - ₹5,000
• Plans - Growth - IDCW
• Lock-in-period - NA
• Exit Load - For units in excess of 12% of the investment, 1% will be charged for redemption within 365 days
• Riskometer - Very High
• Benchmark - BSE 200 TRI (65), NIFTY Short Duration Index (20), Domestic Prices of Gold (10), Domestic Prices of Silver (5)
• Category - Hybrid: Multi Asset Allocation
• Type - Open Ended

Asset Allocation Breakdown

• Equity and equity-related instruments: 65–80%
• Debt and money market instruments: 10–25%
• Gold and Silver ETFs: 10–25%
  The fund may also invest in REITs and InvITs, as per the scheme information.

Portfolio Management

The equity portion of the portfolio will follow a market cap, sector, and style agnostic approach, with investments in both large established companies and emerging businesses. The debt component will be managed with a flexible duration strategy. Gold and silver ETFs are included to provide non-equity exposure.

Fund Managers

The scheme will be jointly managed by:

• Amit Kadam – Equities
• Ennette Fernandes – Equities
• Kunal Jain – Fixed Income

Read More: NFO (New Fund Offers): Upcoming NFO Mutual Fund List 

Conclusion

The Canara Robeco Multi Asset Allocation Fund is structured to offer exposure across equities, debt, and precious metals, with dynamic rebalancing based on market signals. Subscriptions for the fund are open between May 9 and May 23, 2025.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.