Canara Robeco Mutual Fund: Investment Opportunity in Banking and Finance; Canara Robeco launches NFO
Canara Robeco Mutual Fund: Canara Robeco Mutual Fund is the second oldest asset management company in India. It is launching Canara Robeco Banking and Financial Services Fund. This open-ended equity scheme invests in the banking and financial services sector. The scheme aims to monetize savings in India and create assets from growth in credit demand. Canara Robeco Banking & Financial Services Fund will capitalize on the changing borrowing behavior of borrowers, where loans are now being taken not just for special occasions but also to meet lifestyle needs. The early borrowing attitude, long loan lifecycle and easy loan availability have also increased the opportunities in the sector to a great extent.
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The New Fund Offer (NFO) for this scheme will commence on 27 February 2026 and close on 13 March 2026.
“Banking and financial services are key components of the Indian economy. Through this new fund offer, we are giving investors a direct opportunity to participate in this momentum,” said Rajnish Narula, Managing Director (MD) and Chief Executive Officer (CEO), Canara Robeco Asset Management Company Limited. said “This launch reflects our focus on creating investment solutions that will help investors build long-term wealth and build a brighter financial future.”
The scheme will invest at least 80 per cent of its total assets in equity and equity-related instruments of companies in the banking and financial services sector. The rest will be invested in equity, debt instruments (debt), money market instruments and InvITs (InvITs) in other sectors. “Canara Robeco Banking & Financial Services Fund aims to create a growth and value/profitable portfolio. Also, the scheme aims to maintain a good balance between stable compounding businesses and growth driven businesses/value migration across financial sectors,” said Canara Robeco. Chief Investment Officer of Equities of Asset Management Company Limited Mr. Shridutt said capitalist. “We believe this fund can provide investors with an opportunity to capitalize on potential growth in the banking and financial services sector,” he added.
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The scheme is suitable for investors looking to participate in India’s financialization and credit growth with a focus on the banking and financial services sector. Investors must also understand the potential risks in this sector and the volatility of equity markets. “The banking and financial services sector has contributed significantly to the growth of India’s economy. The Canara Robeco Banking & Financial Services Fund expands our theme/sector based fund offering, as well as the options we offer to investors. Investing in this fund allows investors to participate in India’s growth story. There can be opportunities, as well as long-term asset creation for them,” said Mr. Head, Sales & Marketing, Canara Robeco Asset Management Company Limited. Gaurav Goyal said.
Canara Robeco Banking & Financial Services Fund will be benchmarked against the benchmark Nifty Financial Services Index (Total Return Index). The minimum investment during the New Fund offer period will be up to Rs 5,000 and thereafter investments can be made in multiples of Rs 1. Chief Investment Officer of Equities Shri. Shri Dutt Capitalist and Fund Manager of Equities Shri. Amit Kadam will manage the fund.
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