14.5% Dividend Announced by Canara Robeco Mutual Fund

Canara Robeco Mutual Fund has announced 14.5 per cent dividend under dividend payout option of scheme named as “Canara Robeco Balance - Direct Plan” on the face value of Rs 10 per unit.

The record date for the dividend is April 24. The latest NAV of the scheme is Rs 82.40.

The investment objective of the open ended equity scheme is to generate long term capital appreciation and / or income from a portfolio constituted of equity and equity related securities as well as fixed income securities.

The performance of the scheme was benchmarked against Crisil Balanced Fund Index. Krishna Sanghavi is the fund manager of the scheme.