Name of the Scheme Canpep 94
Type, nature and duration A close ended tax saving cum capital growth oriented scheme with redemption on or before 31.3.2004
Scheme Objective To provide long term capital growth and to facilitate the subscribers to seek tax benefits as provided under section 88 (2)(XIIIB) of the Income Tax Act, 1961.
Minimum investment
50 units
Load structure Exit load 0.50%
Launch date
01.01.1994
Fundamantal attributes Up to 85% of funds of the scheme are generally invested in equities, cumulative convertible preferance shares and fully convertible debentures and bonds and monney market instruments Pending investment of assets may be invested in short term money market instruments or other liquid instrumets or both.
Investment strategy
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 authoirised to carry out such activity under the SEBI Act, 1992. The above investment pattern is indicative and may be changed by the Fund Manager for defensive considerations.
Fund Manager's name
J Venkatesan
Email ID jvenkat@canbankmutual.com
Registrar
Canbnak 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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