Canara Robeco MF Launches New Banking and Financial Services Fund

• Canara Robeco Mutual Fund introduces an open-ended equity scheme focused on the banking and financial services sector.
• The New Fund Offer (NFO) opens on February 27 and closes on March 13.
• The scheme will allocate at least 80% of its assets to equity and equity-related instruments in the banking and financial services sector.
• It will be benchmarked against the Nifty Financial Services Index (Total Return Index), with a minimum NFO investment of ₹5,000.
• Managed by Shridatta Bhandwaldar and Amit Kadam, the fund targets investors seeking focused exposure to India's financial sector.