Key Information Memorandum

Transcription

1 Key Information Memorandum and Application Form Open Ended Equity/Hybrid Schemes Canara Robeco Infrastructure Canara Robeco Equity Hybrid Fund Canara Robeco Consumer Trends Fund Canara Robeco Equity Diversified Fund Canara Robeco Emerging Equities Canara Robeco Equity Tax Saver Fund Canara Robeco Bluechip Equity Fund Open Ended Debt/Money Market Schemes Canara Robeco Savings Fund Canara Robeco Liquid Fund Canara Robeco Ultra Short Term Fund Canara Robeco Income Fund Canara Robeco Gilt Fund Canara Robeco Dynamic Bond Fund Canara Robeco Conservative Hybrid Fund Canara Robeco Short Duration Fund Canara Robeco Corporate Bond Fund Fund of Fund Canara Robeco Gold Savings Fund Canara Robeco Mutual Fund Investment Manager : Canara Robeco Asset Management Co. Ltd. CIN No : U65990MH1993PLC Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Mumbai Tel.: Fax: /13. Toll Free No.: This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further details of the scheme/ Mutual Fund, due diligence certificate by the AMC, Key Personnel, investors rights & services, risk factors, penalties & pending litigations etc. investors should, before investment, refer to the Scheme Information Document and Statement of Additional Information available free of cost at any of the Investor Service Centres or distributors or from the website: The Scheme particulars have been prepared in accordance with Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and filed with Securities and Exchange Board of India (SEBI). The units being offered for public subscription have not been approved or disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of this Key Information Memorandum. This Key Information Memorandum (KIM) dated as on 15th May, 2018.

2 NAME OF SCHEME Canara Robeco Infrastructure (Thematic - Infrastructure - An open-ended equity scheme following infrastructure theme) THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING* Capital appreciation over long term Investing in equities and equity related instruments of companies following the Infrastructure Theme RISKOMETER Moderate Canara Robeco Equity Diversified Fund (Multi Cap Fund - An open-ended equity scheme investing across large cap, mid cap, small cap stocks) Capital appreciation over long term Investment in equity and equity related instruments across large cap, mid cap, small cap stocks LOW HIGH Investors understand that their principal will be at risk. Moderate Canara Robeco Emerging Equities (Large & Mid Cap Fund - An open-ended equity scheme investing in both large cap and mid cap stocks) Capital appreciation over long term Investing predominantly in equities and equity related instruments of both large cap and mid cap companies LOW HIGH Investors understand that their principal will be at risk. Moderate Canara Robeco Bluechip Equity Fund (Large Cap Fund - An open-ended equity scheme predominantly investing in large cap stocks) Capital appreciation over long term Investing predominantly in equities and equity related instruments of large cap companies LOW HIGH Investors understand that their principal will be at risk. Moderate Canara Robeco Equity Tax Saver Fund (ELSS - An open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit) Capital appreciation over long term Investment in equity and equity related securities with a statutory lock in of 3 years and tax benefit LOW HIGH Investors understand that their principal will be at risk. Moderate Canara Robeco Equity Hybrid Fund (Aggressive Hybrid Fund - An open-ended hybrid scheme investing predominantly in equity and equity related instruments) Income/capital appreciation over long term Investment predominantly in equity and equity related instruments and a small portion in debt and money market instruments LOW HIGH Investors understand that their principal will be at risk. Moderate Canara Robeco Consumer Trends Fund (Thematic - Consumption & Finance Theme - An open ended equity scheme following the consumption and financial theme) Capital appreciation over long term Investing in equity and equity related securities of companies following the Consumption and Financial Theme LOW HIGH Investors understand that their principal will be at risk. Moderate *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. 2 Canara Robeco KIM LOW HIGH Investors understand that their principal will be at risk.

3 NAME OF SCHEME Canara Robeco Savings Fund ( Duration Fund - An open-ended low duration debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months) THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING* Income/Capital appreciation through a low duration strategy Investment in debt & money market instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months RISKOMETER Moderate Canara Robeco Liquid Fund (Liquid Fund - An open-ended liquid scheme) Income/Capital appreciation while maintaining a level of high liquidity Investment in a mix of Debt and Money Market instruments with maturity of upto 91 days only LOW HIGH Investors understand that their principal will be at risk. Moderate Canara Robeco Ultra Short Term Fund (Ultra Short Duration Fund - An open ended ultra-short term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months) Income/Capital appreciation over ultra-short term through a low risk strategy Investment in a mix of Debt and Money Market instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months LOW HIGH Investors understand that their principal will be at risk. Moderate Canara Robeco Conservative Hybrid Fund (Conservative Hybrid Fund - An open-ended hybrid scheme investing predominantly in debt instruments) Income/Capital appreciation over medium term to long term. Investment predominantly in debt and money market instruments and small portion in equity LOW HIGH Investors understand that their principal will be at risk. Moderate Canara Robeco Income Fund (Medium To Long Duration Fund - An openended medium term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 4 years 7 years) (Portfolio Macaulay duration under anticipated adverse situation is 1 year to 7 years) Canara Robeco Gilt Fund (Gilt Fund - An open-ended debt scheme investing in government securities across maturity) Income/Capital appreciation over Medium to Long term Investment in debt & money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years (Portfolio Macaulay duration under anticipated adverse situation is 1 year to 7 years) Risk free return (except interest rate risk) and long term capital appreciation Investment in government securities across maturity LOW HIGH Investors understand that their principal will be at risk. Moderate LOW HIGH Investors understand that their principal will be at Moderate risk. Moderate Canara Robeco Dynamic Bond Fund (Dynamic Bond - An open-ended dynamic debt scheme investing across duration) Income/Capital appreciation by dynamically managing duration Investment in Debt and Money Market securities across duration LOW HIGH Investors understand that their principal will be at Moderate risk. Moderate *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. LOW HIGH Investors understand that their principal will be at Moderate risk. Canara Robeco KIM 3

4 NAME OF SCHEME Canara Robeco Short Duration Fund (Short Duration Fund - An open-ended short term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years) THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING* Income/capital appreciation over short term Investment in debt & money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years RISKOMETER Moderate Canara Robeco Gold Savings Fund (Fund of Funds (Domestic) - An open-ended fund of fund scheme investing in Canara Robeco Gold ETF) Capital appreciation that closely correspond to returns provided by Canara Robeco Gold Exchange Traded Fund Investment in units of Canara Robeco Gold Exchange Traded Fund LOW HIGH Investors understand that their principal will be at risk. Moderate Canara Robeco Corporate Bond Fund (Corporate Bond Fund - An open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds) Income/capital appreciation through a low credit risk strategy Investment in a portfolio constituted predominantly of AA+ and above rated corporate bonds LOW HIGH Investors understand that their principal will be at risk. Moderate *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. LOW HIGH Investors understand that their principal will be at Moderate risk. 4 Canara Robeco KIM

5 Canara Robeco Infrastructure Type & Category : Thematic - Infrastructure - An open-ended equity scheme following infrastructure theme. Investment Objective: To generate income/capital appreciation by investing in equities and equity related instruments of companies in the infrastructure sector. However, there can be no assurance that the investment objective of the scheme will be realized. Investment Strategy: Canara Robeco Infrastructure is an open-end Scheme having a primary objective to generate income/capital appreciation by investing in equities/equity related instruments of companies in the infrastructure sector. The Association of Mutual Funds in India (AMFI) has laid down classification of industries. From this, the AMC has classified the following industries under the infrastructure sector: a. Engineering b. Construction and construction related industries c. Telecom Services and Equipments d. Ports, Dredging e. Transportation f. Housing g. Banking and financial services related to infrastructure h. Healthcare services i. Energy j. Power and Power Equipments k. Coal l. Mining and Minerals m. Ferrous and Non-Ferrous Metals n. Steel and steel utilities o. Oil and Gas p. Petroleum Products q. Paints r. Computers Hardware and Software related to infrastructure s. Industrial Equipments and products t. Electronics and Electronic equipments u. Ship Building v. Casting/Forging w. Auto and Auto Ancillaries x. Industrial Capital Goods and Products y. Cement and Cement Products The above list of industries is indicative and the AMC may add such other industries/sectors which broadly satisfy the category of infrastructure industries. The Indian economy is among the fastest growing economies in the world. The economy is growing at over 8%. If the growth rate has to be sustained over a longer period, the country needs huge infrastructure spending. One of the key constraints for the Indian corporates to become globally competitive is inadequate infrastructure. Realizing the urgency and importance of infrastructure development, the government has initiated a number of measures. The government has created a positive regulatory and policy environment like implementation of the Electricity Act, Telecom policies, etc. The country needs huge investment for the infrastructure sector. The country needs additional Power, Telecom, Aviation and the Maritime sectors etc. The government is finding innovative ways of funding through Public-Private Partnership initiatives, imposition of cess, etc. There are good investments happening in roads, seaports, airports, power, oil and gas sectors, water supply, sewerage, etc. Hence one of the key economic growth drivers today is the huge infrastructure spending. With the spending, many companies in the infrastructure sector stand to benefit by way of increased turnover and higher earnings. This presents ideal opportunities in the stock market, as the market capitalization of these companies will also grow in tune with the earnings growth. The Scheme is designed to invest in shares of those companies, which hold high potential to benefit from such infrastructure spending. The scheme will look for companies, which are reasonably valued and are having high earnings growth potential in the infrastructure sector. The investment emphasis of the Scheme will be in identifying companies with strong competitive position in good business and having quality management. The AMC will follow an active investment style supported by in-house research. Essentially, the focus would be on fundamentally strong companies with scope for good growth over time. The AMC, in selecting the scrips will focus on the fundamentals of the business, the industry structure, the quality of management sensitivity to economic factors, the financial strength of the company and the key earnings drivers. Monthend AUM # : ` Crores Monthly AVG AUM # : ` Crores Number of Live Folios # : Comparison with Other Schemes: For comparison with other schemes please refer page no. 33 & 34 Asset Allocation Indicative allocations (% of total assets) Min Max Equity and equity related instruments of companies in the Infrastructure sector including derivatives of such companies Debt and Money Market instruments REITs/InvITs Benchmark Index: S&P BSE India Infrastructure Index TRI Plans/Options: Regular Plan: Growth Option, Dividend Option - Dividend Reinvestment, Dividend payout Direct Plan: Growth Option, Dividend Option - Dividend Reinvestment, Dividend payout Minimum Investment: Lumpsum: ` 5000 in multiples of ` 1 thereafter Subsequent purchases: Minimum amount of ` 1000 and multiples of ` 1 thereafter. SIP/STP/SWP: For monthly frequency - ` 1000 and in multiples of ` 1 thereafter For quarterly frequency - ` 2000 and in multiples of ` 1 thereafter Entry Load: Nil Exit Load: 1% - If redeemed/switched out within 1 year from the date of allotment, Nil - if redeemed/switched out after 1 year from the date of allotment. Actual Recurring Expenses # : Regular Plan: 2.72% Direct Plan: 1.67% Top 10 Equity Holdings # : Name of the Container Corporation Of India Ltd 9.0 Power Grid Corporation Of India Ltd 9.0 Indian Oil Corporation Ltd 6.35% Sadbhav Engineering Ltd 6.34% Ultratech Cement Ltd 6.33% Ashoka Buildcon Ltd 6.11% Indraprastha Gas Ltd 5.91% Bharat Petroleum Corporation Ltd 5.26% PNC Infratech Ltd 5.13% Grasim Industries Ltd 5.08% Fund Allocation towards various sectors Sector Transportation 18.59% Construction Project 14.5 Cement 13.81% Petroleum Products 11.61% Gas 10.91% Other Equity 27.02% MMI & Others 3.56% GRAND TOTAL Portfolio Turnover Ratio # : 0.38 times Fund Manager: Mr. Yogesh Patil (Since May 29, As fund manager) (Since December 1, As co-fund manager) Inception Date: December 2, 2005 Performance - Regular Plan Scheme Benchmark Last 1 Years 9.18% 12.23% Last 3 Years 7.98% 8.39% Last 5 Years 17.72% 14.35% Since Inception 13.63% 12.93% NAV # (Regular Plan -Growth Option) ` The past performance may or may not be sustained in future. Data as on 31st May, Returns have been calculated on an absolute basis for period less than one year and on a compounded annualized basis for period more than or equal to one year. However, the performance of the scheme would be impacted due to the expense ratio charged in the scheme. Performance of the Scheme*** Regular Plan Return (%) Regular Plan - Growth Option Performance - Direct Plan Scheme Benchmark Last 1 Years 10.39% 12.23% Last 3 Years 8.95% 8.39% Last 5 Years 18.62% 14.35% Since Inception 16.05% 14.44% NAV # (Direct Plan - Growth Option) ` The past performance may or may not be sustained in future. Data as on 31st May, Returns have been calculated on an absolute basis for period less than one year and on a compounded annualized basis for period more than or equal to one year. However, the performance of the scheme would be impacted due to the expense ratio charged in the scheme. Performance of the Scheme*** Direct Plan Return (%) Direct Plan - Growth Option # As on 31st March, 2018 *** - Comparable Benchmark returns not available Performance of the benchmark is of S&P BSE 100 TRI. The revised benchmark is effective from 14th May'18. To know more, visit or call Canara Robeco KIM 5

6 Canara Robeco Emerging Equities Type & Category: Large & Mid Cap Fund - An open-ended equity scheme investing in both large cap and mid cap stocks. Investment Objective: To generate capital appreciation by investing in a diversified portfolio of large and mid-cap stocks. However, there can be no assurance that the investment objective of the scheme will be realized. Investment Strategy: The scheme is an open-ended scheme with the objective to generate long term capital appreciation by investing in a diversified portfolio of large and mid-cap stocks. The Scheme will essentially be focusing on companies which have huge potential to emerge as larger companies to match their global peers. India is home to some of the world class companies. These companies may, today, form part of the Indian large cap or mid cap universe. But, global peers of such companies have large and diversified businesses and they command very larger market caps. These Indian companies have the potential to grow as big as or even bigger than their global counterparts aided by various factors like the pace of growth of the Indian economy, India s huge demographic advantage, the macro-economic and political stability, more recently the availability of foreign capital, etc. As the economy transitions from an emerging economy to a more developed economy, these will be certain set of companies in India which will do better than others and the fund will try to identify such companies and invest for the long term. The criteria of selection of scrips for investment under Canara Robeco Emerging Equities will include the following: 1) Companies commanding or having the potential to command high ROE or ROCE 2) Companies which are well positioned to benefit in a dynamically changing competitive environment 3) Companies at an advantage to maximize their share in the increasing profit pool of a particular sector or theme 4) Consistent growth potential companies 5) Niche businesses with high and increasing profit margin 6) Huge untapped market potential 7) Research driven companies 8) Scope for value added services 9) Companies with opportunities on account of outsourcing namely, contract research and manufacturing The investment emphasis of the scheme will be in identifying companies with strong competitive position in good business and having quality management. The AMC will follow an active investment style supported by in-house research. Essentially, the focus would be on fundamentally strong companies with scope for good growth over time. The AMC, in selecting the scrips will focus on the fundamentals of the business, the industry structure, the quality of management sensitivity to economic factors, the financial strength of the company and the key earnings drivers. Monthend AUM # : ` 3, Crores Monthly AVG AUM # : ` 3, Crores Number of Live Folios # : Comparison with Other Schemes: For comparison with other schemes please refer page no. 33 & 34 Asset Allocation Indicative allocations (% of total assets) Min Max Large Cap equity and equity related instruments* Mid Cap equity and equity related instruments* Other equity and equity related instruments, debt and money market instruments REITs/InvITs *As defined by SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2017/114 dated October 06, 2017 and SEBI/HO/IMD/DF3/CIR/P/2017/126 dated December 04, 2017 as amended from time to time. (Currently it defines Large Cap Companies as those which are ranked from 1 to 100 and Mid Cap Companies as those which are ranked from 101 to 250 based on their full market capitalization.) Benchmark Index: S&P BSE 200 TRI Plans/Options: Regular Plan: Growth Option, Dividend Option - Dividend Reinvestment, Dividend payout Direct Plan: Growth Option, Dividend Option - Dividend Reinvestment, Dividend payout Minimum Investment: Lumpsum: ` 5000 in multiples of ` 1 thereafter Subsequent purchases: Minimum amount of ` 1000 and multiples of ` 1 thereafter. SIP/STP/SWP: For monthly frequency - ` 1000 and in multiples of ` 1 thereafter For quarterly frequency - ` 2000 and in multiples of ` 1 thereafter Entry Load: Nil Exit Load: 1% - if redeemed/switched out within 1 year from the date of allotment; Nil - if redeemed/switched out after 1 year from the date of allotment. Actual Recurring Expenses # : Regular Plan: 2.25% Direct Plan: 0.91% Top 10 Equity Holdings # : Name of the instruments Bajaj Finserv Ltd 3.96% Reliance Industries Ltd 3.38% ITC Ltd 2.91% Atul Ltd 2.84% Dabur India Ltd 2.52% Container Corporation of India Ltd 2.51% Piramal Enterprises Ltd 2.5 Britannia Industries Ltd 2.36% Biocon Ltd 2.35% MRF Ltd 2.33% Fund Allocation towards various sectors Sector Consumer Non Durables 13.03% Pharmaceuticals 12.16% Finance 8.92% Auto Ancillaries 7.29% Banks 6.13% Other Equity 48.18% MMI & Others 4.29% GRAND TOTAL Portfolio Turnover Ratio # : 0.5 times Fund Manager: Mr. Ravi Gopalakrishnan (Since 16-Sept-12) and Mr. Miyush Gandhi (Since 5-April-18) Inception Date: March 11, 2005 Performance - Regular Plan Scheme Benchmark Last 1 year 15.24% 10.34% Last 3 years 15.56% 14.39% Last 5 years 28.76% 21.16% Since inception 18.35% 16.38% NAV # (Regular Plan - Growth Option) ` Performance of the Scheme*** (Regular Plan) Return (%) Regular Plan - Growth Option Performance - Direct Plan Scheme Benchmark Last 1 year 16.81% 10.34% Last 3 years 16.89% 14.39% Last 5 years % Since inception 26.44% 17.42% NAV # (Direct Plan - Growth Option) ` Performance of the Scheme*** (Direct Plan) Return (%) Direct Plan - Growth Option # As on 31st March, Comparable Benchmark returns not available *** Past performance may or may not be sustained in future Performance of the benchmark is of NIFTY Midcap 100 TRI. The revised benchmark is effective from 14th May'18. To know more, visit or call Canara Robeco KIM

7 Canara Robeco Equity HYBRID Fund Type& Category: Aggressive Hybrid Fund - An open-ended hybrid scheme investing predominantly in equity and equity related instruments. Investment Objective: To seek 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 (debt and money market securities). However, there can be no assurance that the investment objective of the scheme will be realized. Investment Strategy: The fund being an open-ended hybrid scheme, it will invest predominantly in equity and equity related instruments. A part of the scheme will also be invested in debt and money market instruments. Monthend AUM # : ` 1, Crores Monthly AVG AUM # : ` 1, Crores Number of Live Folios # : Comparison with Other Schemes: For comparison with other schemes please refer page no. 33 & 34 Asset Allocation Indicative allocations (% of total assets) Min Max Equity and equity related instruments Debt and Money Market REITs/InvITs Benchmark Index: CRISIL Hybrid Aggressive Index Plans/Options: Regular Plan: Growth Option, Monthly Dividend Option (Payout and Reinvestment) Direct Plan: Growth Option, Monthly Dividend Option (Payout and Reinvestment) Minimum Investment: Lumpsum: ` 5000 in multiples of ` 1 thereafter Subsequent purchases: Minimum amount of ` 1000 and multiples of ` 1 thereafter. SIP/STP/SWP: For monthly frequency - ` 1000 and in multiples of ` 1 thereafter For quarterly frequency - ` 2000 and in multiples of ` 1 thereafter Entry Load : Nil Exit Load : 1% - if redeemed/switched out within 1 year from the date of allotment. Nil if redeemed/switched out after 1 year from the date of allotment. Actual Recurring Expenses # : Regular Plan: 2.43% Direct Plan: 1.08% Top 10 Holdings # : Name of the instruments EQUITY HDFC Bank Ltd 5.58% Bajaj Finserv Ltd 3.27% Kotak Mahindra Bank Ltd 3.09% Infosys Ltd 3.06% Maruti Suzuki India Ltd 3.02% Reliance Industries Ltd 2.94% Housing Development Finance Corporation Ltd 2.67% Larsen & Toubro Ltd 2.65% ICICI Bank Ltd 2.59% ITC Ltd 2.28% Fund Allocation towards various sectors Sector Banks 12.74% Consumer Non Durables 8.09% Finance 7.29% Construction Project 5.04% Software 4.95% Other Equity 29.95% MMI & Others 31.94% GRAND TOTAL Portfolio Turnover Ratio # : 3.94 times Fund Manager: Mr. Ravi Gopalakrishnan (Since May 13, 2016), Mr. Avnish Jain (for Debt Allocation) (Since October 7, 2013) & Mr. Shridatta Bhandwaldar (Since July 5, 2016) Inception Date: February 1, 1993 Performance - Regular Plan Scheme Benchmark Last 1 year 10.17% 10.05% Last 3 years 8.72% 9.12% Last 5 years 15.98% 13.17% Since inception 11.19% - NAV # (Regular Plan - Growth Option) ` Performance of the Scheme*** (Regular Plan) Return (%) Regular Plan - Growth Option Performance - Direct Plan Scheme Benchmark Last 1 year 11.72% 10.05% Last 3 years 9.93% 9.12% Last 5 years 16.85% 13.17% Since inception % NAV # (Direct Plan -Growth Option) ` Performance of the Scheme*** (Direct Plan) Return (%) Direct Plan - Growth Option # As on 31st March, Comparable Benchmark returns not available *** Past performance may or may not be sustained in future To know more, visit or call Canara Robeco KIM 7

8 Canara Robeco Equity Tax Saver Fund Type & Category: ELSS - An open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. Investment Objective: ELSS seeking to provide long term capital appreciation by predominantly investing in equities to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, However, there can be no assurance that the investment objective of the scheme will be realized. Investment Strategy: The investment emphasis of the scheme will be in identifying companies with strong competitive position in good business and having quality management. The AMC will follow an active investment style supported by in-house research. Essentially, the focus would be on long term fundamentally driven values. The AMC, in selecting scripts will focus on the fundamentals of the business, the industry structure, the quality of management sensitivity to economic factors, the financial strength of the company and the key earnings drivers. Since investing requires disciplined risk management, the AMC would incorporate adequate safeguards for controlling risks in portfolio construction process. Stock specific risk will be minimized by investing only in those companies that have been thoroughly analyzed by the AMC. The AMC will also monitor and control maximum exposures to any one security. Monthend AUM # : ` Crores Monthly AVG AUM # : ` Crores Number of Live Folios # : Comparison with Other Schemes: For comparison with other schemes please refer page no. 33 & 34 For comparison with other schemes please refer page no. 33 & 34 Equity and Equity related instruments Money Market Benchmark Index: S&P BSE 100 TRI Plans/Options: Regular Plan: Growth Option, Dividend payout Direct Plan: Growth Option, Dividend payout Indicative allocations (% of total assets) Min 80 0 Max Minimum Investment: Lumpsum: ` 500 in multiples of ` 1 thereafter Subsequent purchases: Minimum amount of ` 500 and multiples of ` 1 thereafter. SIP/STP/SWP: For monthly frequency - ` 500 and in multiples of ` 1 thereafter For quarterly frequency - ` 1000 and in multiples of ` 1 thereafter Entry Load: Nil Exit Load: Nil Actual Recurring Expenses # : Regular Plan: 2.28% Direct Plan: 1.33% Top 10 Equity Holdings # : Name of the instruments HDFC Bank Ltd 9.25% Reliance Industries Ltd 4.7 Kotak Mahindra Bank Ltd 3.79% MRF Ltd 3.6 Housing Development Finance Corporation Ltd 3.5 Maruti Suzuki India Ltd 3.38% Bharat Petroleum Corporation Ltd 3.31% Hindustan Unilever Ltd 3.02% Infosys Ltd 3.02% IndusInd Bank Ltd 2.96% Fund Allocation towards various sectors Sector Auto Ancillaries 6.05% Finance 6.9 Petroleum Products 9.15% Consumer Non Durables 13.08% Banks 18.74% Other Equity 42.01% MMI & Others 4.07% GRAND TOTAL Portfolio Turnover Ratio # : 0.87 times Fund Manager: Ms. Cheenu Gupta (w.e.f. 12th March, 2018) Inception Date: March 31, 1993 Performance - Regular Plan Scheme Benchmark Last 1 year 13.18% 12.23% Last 3 years 6.72% 8.39% Last 5 years 15.66% 14.35% Since inception 14.65% 12.9 NAV # (Regular Plan - Dividend Option) ` Performance of the Scheme*** (Regular Plan) Return (%) Regular Plan - Growth Option Performance - Direct Plan Scheme Benchmark Last 1 year 14.14% 12.23% Last 3 years 7.44% 8.39% Last 5 years 15.85% 14.35% Since inception 13.89% 14.44% NAV # (Direct Plan - Growth Option) ` Performance of the Scheme*** (Direct Plan) Return (%) Direct Plan - Growth Option # As on31st March, Comparable Benchmark returns not available *** Past performance may or may not be sustained in future Performance are based on dividend NAV of Regular plan (for Direct Plan -Growth option) assuming reinvestment of dividend and are calculated on compounded annualized basis. To know more, visit or call Canara Robeco KIM

9 Canara Robeco Consumer Trends Fund Type & Category: Thematic - Consumption & Finance Theme - An open-ended equity scheme following the consumption and financial theme. Investment Objective: To provide long-term capital appreciation by primarily investing in equity and equity related securities of companies which directly or indirectly benefit from the growing consumer demand in India. However, there can be no assurance that the investment objective of the scheme will be realized. Investment Strategy: Canara Robeco Consumer Trends Fund is an open-end Scheme having a primary objective to generate capital appreciation by investing in equities and equity related instruments of companies which directly or indirectly benefit from the growing consumer demand in India. An illustrative list of sectors within which such companies fall includes Consumer Durables, Consumer Non-Durables, Banks & Financial Services, Healthcare, Textiles, Realty, Auto, Education, Media & Entertainment, Retail, Tourism & Hospitality, Transportation and Telecom. This is not an exhaustive list. The investment emphasis of the scheme will be in identifying companies with strong competitive position in good business and having quality management. The AMC will follow an active investment style supported by in-house research. Essentially, the focus would be on fundamentally strong companies with scope for good growth over time. The AMC, in selecting the scrips will focus on the fundamentals of the business, the industry structure, the quality of management sensitivity to economic factors, the financial strength of the company and the key earnings drivers. Monthend AUM # : ` Crores Monthly AVG AUM # : ` Crores Number of Live Folios # : Comparison with Other Schemes: For comparison with other schemes please refer page no. 33 & 34 Asset Allocation Indicative allocations (% of total assets) Min Max Equity and equity related instruments of companies which directly or indirectly benefit from the growing consumer demand in India Other Equity and equity related instruments Debt and Money Market instruments REITs/InvITs Benchmark Index: S&P BSE 100 TRI Plans/Options: Regular Plan: Growth Option, Dividend Option - Dividend Reinvestment, Dividend payout Direct Plan: Growth Option, Dividend Option - Dividend Reinvestment, Dividend payout Minimum Investment: Lumpsum: ` 5000 in multiples of ` 1 thereafter Subsequent purchases: Minimum amount of ` 1000 and multiples of ` 1 thereafter. SIP/STP/SWP: For monthly frequency - ` 1000 and in multiples of ` 1 thereafter For quarterly frequency - ` 2000 and in multiples of ` 1 thereafter Entry Load: Nil Exit Load: 1% - if redeemed/switched out within 1 year from the date of allotment. Nil - if redeemed/switched out after 1 year from the date of allotment. Actual Recurring Expenses # : Regular Plan: 2.99% Direct Plan: 1.54% Top 10 Equity Holdings # : Name of the instruments HDFC Bank Ltd 8.77% Zee Entertainment Enterprises Ltd 6.82% Housing Development Finance Corporation Ltd 6.49% ICICI Bank Ltd 5.65% ITC Ltd 4.94% Hindustan Unilever Ltd 4.35% Avenue Supermarts Ltd 4.25% Bajaj Finserv Ltd 4.13% IndusInd Bank Ltd 4.05% Jubilant Foodworks Ltd 4.03% Fund Allocation towards various sectors Sector Consumer Non Durables 24.89% Banks 22.49% Finance 17.41% Media & Entertainment 15.0 Retailing 5.53% Other Equity 9.88% MMI & Others 4.8 GRAND TOTAL Portfolio Turnover Ratio # : 0.34 times Fund Manager: Mr. Ravi Gopalakrishnan (Since October 01, 2017) Inception Date: September 14, 2009 Performance - Regular Plan Scheme Benchmark Last 1 year 13.44% 11.86% Last 3 years 11.85% 7.38% Last 5 years 18.46% 13.39% Since inception 15.95% 9.6 NAV # (Regular Plan - Growth Option) ` Performance of the Scheme*** (Regular Plan) Return (%) Regular Plan - Growth Option Performance - Direct Plan Scheme Benchmark Last 1 year 14.81% 11.86% Last 3 years 12.99% 7.38% Last 5 years % Since inception 16.58% 11.87% NAV # (Direct Plan - Growth Option) ` Performance of the Scheme*** (Direct Plan) Return (%) Direct Plan - Growth Option # As on 31st March, Comparable Benchmark returns not available *** Past performance may or may not be sustained in future Performance of the benchmark is of NIFTY 50 TRI. The revised benchmark is effective from 14th May'18 To know more, visit or call Canara Robeco KIM 9

10 Canara Robeco Bluechip Equity Fund Type & Category: Large Cap Fund - An open-ended equity scheme predominantly investing in large cap stocks. Investment Objective: The Investment Objective of the fund is to provide capital appreciation by predominantly investing in companies having a large market capitalization. However, there can be no assurance that the investment objective of the scheme will be realized. Investment Strategy: The Fund provides investors with a portfolio which invests in stocks with large market capitalisation. Large Cap Stocks are an ideal investment choice on account of the following relative advantages: Market leaders - Large cap companies act as catalyst for the country s economic growth and gain the most from an economic upturn and hence are a good proxy for the country s growth. Economies of scale - Large cap companies benefit from cost efficiency with lower per unit overhead costs due to their largescale operations and are thus able to offer competitive pricing leading to both higher top line and bottom line growth. Access to raise resources - Companies with large capitalisation have strong Balance Sheets along with the ability to raise/borrow large capital. They also have easy access to international markets for raising capital. Another advantage is that their cost of borrowing is lesser for both domestic and overseas borrowings. Diversification - A diversified portfolio of a Large Cap fund can be achieved by investing in large caps across Value Chain, Products (Brands), Market Segments and Geographic Locations, which helps in neutralising the impact of a downturn in any segment. Risk Taking Ability - Large Cap companies have resources to tap virgin markets, introduce niche products and technologies. They can command premium on niche as well as new product introductions and also could be market leaders. On the operational side, they have access to sophisticated information systems and use superior risk management systems. Thus, with their deeper pockets, their risk taking ability is higher. Preference given by Institutional Investors - Large Cap companies are the preferred stocks for long-term investments for large institutional investors like Insurance Companies, Provident Funds (both domestic and foreign) etc. Also Global Venture Funds and Foreign Institutional Investors look for a certain minimum market cap for considering investments, which is normally satisfied only by Large Caps. Large Caps are also benefited by global cross border operations, which in turn improve the visibility of their stock. Monthend AUM # : ` Crores Monthly AVG AUM # : ` Crores Number of Live Folios # : Comparison with Other Schemes: For comparison with other schemes please refer page no. 33 & 34 Asset Allocation Indicative allocations (% of total assets) Min Max Large Cap equity and equity related instruments* Other Equity and equity related instruments Debt and Money Market REITs/InvITs *As defined by SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2017/114 dated October 06, 2017 and SEBI/HO/IMD/DF3/CIR/P/2017/126 dated December 04, 2017 and as amended from time to time (currently it defines Large Cap Companies as those which are ranked from 1 to 100 based on their full market capitalization) Benchmark Index: S&P BSE 100 TRI Plans/Options: Regular Plan: Growth Option, Dividend Option - Dividend Reinvestment, Dividend payout Direct Plan: Growth Option, Dividend Option - Dividend Reinvestment, Dividend payout Minimum Investment: Lumpsum: ` 5000 in multiples of ` 1 thereafter Subsequent purchases: Minimum amount of ` 1000 and multiples of ` 1 thereafter SIP/STP/SWP: For monthly frequency - ` 1000 and in multiples of ` 1 thereafter For quarterly frequency - ` 2000 and in multiples of ` 1 thereafter Entry Load: Nil Exit Load: 1% for all amounts if redeemed/switched-out within 1 year from the date of allotment. Nil - if redeemed/switched-out after 1 year from the date of allotment. Actual Recurring Expenses # : Regular Plan: 2.84% Direct Plan: 1.69% Top 10 Equity Holdings # : Name of the instruments HDFC Bank Ltd 8.94% Maruti Suzuki India Ltd 5.03% Infosys Ltd 4.86% Bajaj Finserv Ltd 4.74% Britannia Industries Ltd 4.73% Larsen & Toubro Ltd 4.73% Kotak Mahindra Bank Ltd 4.63% Reliance Industries Ltd 4.48% Housing Development Finance Corporation Ltd 4.23% Hindustan Unilever Ltd 4.22% Fund Allocation towards various sectors Sector Auto 6.79% Software 7.68% Finance 8.97% Consumer Non Durables 16.99% Banks 20.18% Other Equity 34.33% MMI & Others 5.06% GRAND TOTAL Portfolio Turnover Ratio # : 0.72 times Fund Manager : Mr. Ravi Gopalakrishnan (Since September 16, 2012) & Mr. Shridatta Bhandwaldar (Since July 5, 2016) Inception Date: August 20, 2010 Performance - Regular Plan Scheme Benchmark Last 1 year % Last 3 years 7.17% 8.39% Last 5 years 13.89% 14.35% Since inception 10.93% 10.61% NAV # (Regular Plan - Growth Option) ` Performance of the Scheme*** (Regular Plan) Return (%) 4 35% 3 25% 2 15% 1 5% -5% -1 Regular Plan - Growth Option Performance - Direct Plan Scheme Benchmark Last 1 year 12.42% 12.23% Last 3 years 8.36% 8.39% Last 5 years % Since inception 13.11% 14.44% NAV # (Direct Plan - Growth Option) ` Performance of the Scheme*** (Direct Plan) Return (%) 4 35% 3 25% 2 15% 1 5% -5% -1 Direct Plan - Growth Option # As on 31st March, 2018 *** - Comparable Benchmark returns not available To know more, visit or call Canara Robeco KIM

11 Canara Robeco Equity Diversified FUND Type & Category: Multi Cap Fund - An open-ended equity scheme investing across large cap, mid cap, small cap stocks. Investment Objective: To generate capital appreciation by investing in equity and equity related securities. However, there can be no assurance that the investment objective of the scheme will be realized. Investment Strategy: The Scheme would adopt bottom-up approach to investing. The investment emphasis of the scheme will be in identifying companies with strong competitive position in good business and having quality management. The AMC will follow an active investment style supported by in-house research. Essentially, the focus would be on fundamentally strong companies with scope for good growth over time. The AMC, in selecting the scrips will focus on the fundamentals of the business, the industry structure, the quality of management sensitivity to economic factors, the financial strength of the company and the key earnings drivers. Monthend AUM # : ` Crores Monthly AVG AUM # : ` Crores Number of Live Folios # : Comparison with Other Schemes: For comparison with other schemes please refer page no. 33 & 34 Asset Allocation Indicative allocations (% of total assets) Min Max Equity & Equity Related Debt and money-market instruments REITs/InvITs Benchmark Index: S&P BSE 200 TRI Plans/Options: Regular Plan: Growth Option, Dividend Option - Dividend Reinvestment, Dividend payout Direct Plan: Growth Option, Dividend Option - Dividend Reinvestment, Dividend payout Minimum Investment: Lumpsum: ` 5000 in multiples of ` 1 thereafter Subsequent purchases: Minimum amount of ` 1000 and multiples of ` 1 thereafter. SIP/STP/SWP: For monthly frequency - ` 1000 and in multiples of ` 1 thereafter For quarterly frequency - ` 2000 and in multiples of ` 1 thereafter Entry Load: Nil Exit Load: 1% - If redeemed/switched out within 1 year from the date of allotment, Nil - if redeemed/switched out after 1 year from the date of allotment. Actual Recurring Expenses # : Regular Plan: 2.45% Direct Plan: 1.69% Top 10 Equity Holdings # : Name of the HDFC Bank Ltd 8.77% Kotak Mahindra Bank Ltd 4.42% Infosys Ltd 4.32% Bajaj Finserv Ltd 4.3 Maruti Suzuki India Ltd 4.18% Housing Development Finance Corporation Ltd 3.98% Reliance Industries Ltd 3.92% Britannia Industries Ltd 3.74% ICICI Bank Ltd 3.67% ITC Ltd 3.51% Fund Allocation towards various sectors Sector Banks 19.17% Consumer Non Durables 13.13% Finance 9.91% Software 6.6 Petroleum Products 6.08% Other Equity 40.45% MMI & Others 4.66% GRAND TOTAL Portfolio Turnover Ratio # : 0.83 times Fund Manager: Mr. Ravi Gopalakrishnan (Since September 16, 2012) and Mr. Shridatta Bhandwaldar (Since July 05, 2016) Inception Date: September 16, Performance - Regular Plan Scheme Benchmark Last 1 Years 14.01% 12.6 Last 3 Years 6.75% 9.31% Last 5 Years 14.62% 15.34% Since Inception 18.58% 16.66% NAV # (Regular Plan -Growth Option) ` Performance of the Scheme*** (Growth Option) Return (%) Regular Plan - Growth Option Performance - Direct Plan Scheme Benchmark Last 1 Years 14.82% 12.6 Last 3 Years 7.43% 9.31% Last 5 Years 15.29% 15.34% Since Inception 13.14% 15.31% NAV # (Direct Plan -Growth Option) ` The past performance may or may not be sustained in future. Data as on 31st May, Returns have been calculated on an absolute basis for period less than one year and on a compounded annualized basis for period more than or equal to one year. However, the performance of the scheme would be impacted due to the expense ratio charged in the scheme Performance of the Scheme*** (Direct Option) Return (%) Direct Plan - Growth Option # As on 31st March, 2018 *** - Comparable Benchmark returns not available To know more, visit or call Canara Robeco KIM 11

12 Canara Robeco Savings Fund Type & Category: Duration Fund - An open-ended low duration debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months. Investment Objective: To generate income/capital appreciation by investing in a portfolio comprising of low duration debt instruments and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized. Investment Strategy: Canara Robeco Savings Fund is an open ended low duration debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months. The Scheme will follow an active interest rate management strategy. Performance will depend on the Asset Management Company s ability to assess accurately and react to general market conditions and changing financial characteristics of the security issuers. The general maturity/macaulay Duration range for the portfolio in relation to the market based on its interest rate outlook will be arrived at after a rigorous and close monitoring of various macro variables. The shifts within this range are then determined by short term cyclical trends in the economy. Depending upon prevailing market conditions & interest rate scenario, the portfolio Macaulay Duration and average maturity can be increased or decreased. In case of a rising interest rate environment the Macaulay Duration/average maturity of the scheme may be reduced whereas in a falling interest rate scenario the holding in medium/ long securities may be maximized. The Investment Manager will actively monitor the prevailing political conditions, economic environment (including interest rates and inflation etc.), performance of the corporate sector and general liquidity as well as other considerations in the economy & markets to assess the likely direction of interest rates and to position the portfolio appropriately to take advantage of the same. Monthend AUM # : ` Crores Monthly AVG AUM # : ` Crores Number of Live Folios # : 7185 Comparison with Other Schemes: For comparison with other schemes please refer page no. 35 & 36 Asset Allocation Indicative allocations (% of total assets) Min Max Debt & Money Market REITs/InvITs Benchmark Index: CRISIL Ultra Short Term Debt Index Plans/Options: Regular Plan a) Growth Option b) Dividend Option (Payout/Reinvestment) - Daily Dividend Reinvestment - Weekly Dividend Payout/Reinvestment - Monthly Dividend Payout/Reinvestment Direct Plan: a) Growth Option b) Dividend Option (Payout/Reinvestment) - Daily Dividend Reinvestment - Weekly Dividend Payout/Reinvestment - Monthly Dividend Payout/Reinvestment Minimum Investment: Lumpsum: ` 5000 in multiples of ` 1 thereafter SIP/STP/SWP: For monthly frequency - ` 1000 and in multiples of ` 1 thereafter For quarterly frequency - ` 2000 and in multiples of ` 1 thereafter Entry Load: Nil Exit Load: Nil Actual Recurring Expenses # : Regular Plan: 0.55% Direct Plan: 0.41% Top 10 Holdings # : Name of the instruments Tata Motors Ltd 6.19% Reliance Industries Ltd 6.04% Piramal Finance Ltd 6.01% Indiabulls Housing Finance Ltd 5.38% Indian Railway Finance Corporation Ltd 4.96% Dewan Housing Finance Corporation Ltd 4.4 National Bank For Agriculture & Rural Development 3.12% India Infoline Housing Finance Ltd 3.12% Rbl Bank Ltd 3.11% Capital First Ltd Fund Allocation towards various sectors Sector Auto 6.19% Banks 20.32% Cblo 1.68% Construction 3.06% Finance 59.66% Petroleum Products 6.04% Transportation 3.06% GRAND TOTAL Fund Manager: Mr. Girish Hisaria (Since August 24, 2014) & Ms. Suman Prasad (Since April 12, 2011) Inception Date: March 4, 2005 Performance - Regular Plan Scheme Benchmark Last 1 year % Last 3 years % Last 5 years 8.27% 8.09% Since inception 7.95% 7.25% NAV # (Regular Plan - Growth Option) ` Performance of the Scheme*** (Regular Plan) Return (%) Regular Plan - Growth Option Performance - Direct Plan Scheme Benchmark Last 1 year 6.89% 6.85% Last 3 years % Last 5 years 8.45% 8.09% Since inception 8.44% 8.09% NAV # (Direct Plan - Growth Option) ` Performance of the Scheme*** (Direct Plan) Return (%) Direct Plan - Growth Option # As on 31st March, Comparable Benchmark returns not available *** Past performance may or may not be sustained in future Performance of the benchmark is of Crisil Liquid Fund Index. The revised benchmark is effective from 14th May'18. To know more, visit or call Canara Robeco KIM

13 Canara Robeco Liquid Fund Type & Category: Liquid Fund - An open-ended liquid scheme. Investment Objective: To enhance the income, while maintaining a level of high liquidity through, investment in a mix of MMI & Debt securities. However, there can be no assurance that the investment objective of the scheme will be realized. Investment Strategy: In Canara Robeco Liquid Fund, the funds will be invested in Money Market (with unexpired maturity less than 91 days) offering reasonable liquidity and returns, with risk perceived by the Investment Manager and a portion of the funds will also be invested in rated and un-rated corporate bonds and debentures. Monthend AUM # : ` 1, Crores Monthly AVG AUM # : ` 1, Crores Number of Live Folios # : 3461 Comparison with Other Schemes: Canara Robeco Liquid invests in only short-term money market instruments with a residual maturity upto 91 days. The fund aims to provide liquidity at all the time. The fund is suitable for investments with very short term horizon & to park surplus money. Asset Allocation Indicative allocations (% of total assets) Min Max Money Market /Call Money Debt (Including Securitised Debt) Benchmark Index: Crisil Liquid Fund Index Plans/Options: Regular Plan: a) Growth Option b) Dividend Option - Daily Dividend Reinvestment - Weekly Dividend Payout/Reinvestment - Monthly Dividend Payout/ Reinvestment Direct Plan: a) Growth Option b) Dividend Option (Payout) c) Dividend Option: - Daily Dividend Reinvestment - Weekly Dividend Payout/Reinvestment - Monthly Dividend Payout/Reinvestment d) Growth Option - Unclaimed Redemption and Dividend Plan Minimum Investment: Lumpsum: ` 5000 in multiples of ` 1 thereafter Subsequent purchases: Minimum amount of ` 1000 and multiples of ` 1 thereafter. STP/SWP: For monthly frequency - ` 1000 and in multiples of ` 1 thereafter For quarterly frequency - ` 2000 and in multiples of ` 1 thereafter Entry Load: Nil Exit Load: Nil Actual Recurring Expenses # : Regular Plan:0.1 Direct Plan: 0.04% Top 10 Holdings # : Name of the instruments Union Bank of India 9.2 RBL Bank Ltd 4.65% Indiabulls Housing Finance Ltd 4.62% Century Textiles & Industries Ltd 4.61% Vijaya Bank 4.59% Indian Bank 4.58% Manappuram Finance Ltd 4.58% Godrej Properties Ltd 4.58% Power Finance Corporation Ltd 4.16% Yes Bank Ltd 2.32% Fund Allocation towards various sectors Sector Banks 43.8 CBLO 0.86% Cement 6.91% Chemicals 2.3 Construction 4.58% Finance 31.74% Trading 2.29% Transportation 7.53% Grand Total Fund Manager: Mr. Girish Hisaria (Since August 24, 2014) & Ms. Suman Prasad (Since May 18, 2011) Inception Date: July 15, 2008 Performance - Regular Plan Scheme Benchmark Last 1 year 6.62% 6.85% Last 3 years 7.26% 7.33% Last 5 years 8.03% 8.09% Since inception 7.92% 7.58% NAV # (Regular Plan - Growth Option) ` 2, Performance of the Scheme*** (Regular Plan) Return (%) Regular Plan - Growth Option Performance - Direct Plan Scheme Benchmark Last 1 year 6.66% 6.85% Last 3 years % Last 5 years 8.07% 8.09% Since inception 8.09% 8.09% NAV # (Direct Plan - Growth Option) ` 2, Performance of the Scheme*** (Direct Plan) Return (%) Direct Plan - Growth Option # As on 31st March, Comparable Benchmark returns not available *** Past performance may or may not be sustained in future To know more, visit or call Canara Robeco KIM 13