Canbonus, Canglobal and Canpep95 schemes are merged with Canequity Diversified scheme. The per unit NAV as on the record date of merger i.e. 21.12.2004 of Canbonus, Canglobal, Canpep95 and Canequity Diversified schemes are Rs 16.90, Rs 11.38, Rs 14.88, Rs 11.37 (I) Rs 16.22 (G) respectively.

 

 
Name of the Scheme Canbonus

Type, Nature & Duration

Open ended equity oriented growth scheme

Scheme Objective

To achieve long term capital appreciation by predominantly investing in equity and equity related instruments

Minimum Investment

Rs. 5000/-  at units at NAV linked price (face value Rs.10/-)

Load Structure

Entry Load - 1.85 %
Exit Load - nil

Launch Date

Initially launched in June 1991. Converted into open ended on 3rd May 1999

Bonus Details

1:5 in 1993 - 94
1:4 in 1995 - 96

Fundamental Attributes

Being growth scheme, the funds are generally invested in equities, debt. and debt related instruments like MMI etc.

Investment Strategy

Equity&Equity related instrument - upto 90 % Debt instrument - upto 40 %
MMI/ Govt. Securities etc. - upto 20 %

The investment may be made in primary as well as secondary markets as far as possible, the portfolio will be adequately diversified to reduce the risk of under performance, arising out of unexpected security specific factors. Investment in debentures will be in securities rated as investment grade by a Credit Rating Agency authorised to carry out such activity under the SEBI Act, 1992. The above investment pattern is indicative and may be changed by the Investment Manager for defensive considerations.

Fund Manager's name

Umesh Kamath

Email ID

umesh@canbankmutual.com

Registrar

Canbank Computer Services Ltd.,
4 th Floor,Naveen Complex, No. 14, M G Road,
Bangalore- 560 001.                                   Ph : 080 25320541,542,543                     Fax : 080 25320544                                Email : ccslrnt@vsnl.com / ccslrnt@eth.net

Custodian

Deutsche Bank A. G.,
Mumbai Branch, Kodak House,
222, D.N. Road,
Post Box No. 1142,
Fort, Mumbai - 400 001.

 

 

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