Canara Robeco Mutual Fund, one of the leading asset management companies in India, today announced the launch of Canara Robeco Mid Cap Fund, an open-ended equity scheme which would predominantly invest in equity and equity-related instruments of mid cap companies, with the objective of generating capital appreciation over a longer term of five years and above.
As a fund house, while Canara Robeco Mutual Fund’s ethos is to invest in robust growth-oriented businesses, with competent management and a reasonable valuation, Canara Robeco Mid Cap Fund aims to invest in mid cap companies that are at the confluence of industry growth, company growth and management pedigree.
It will an opportunity to invest in burgeoning domestic growth potential. Meaningful improvement seen in financials of mid cap companies over last decade.Suitable for seasoned investors with an investment horizon of 5+ years.Speaking on the occasion, Mr. Rajnish Narula, MD & CEO, said: ” Mutual Fund investors who are comfortable displaying patience to ride market volatility, keeping an investment horizon of over five years, may benefit from risk adjusted returns.”
