Canara Robeco Equity Tax Saver Direct Dividend is a Equity Mutual Fund Scheme launched by Canara Robeco Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Ravi Gopalakrishnan, Yogesh Patil is the Current Fund Manager of Canara Robeco Equity Tax Saver Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹965 Cr and the Latest NAV as of 18 Oct 2019 is ₹39.50.
The Canara Robeco Equity Tax Saver Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
The objective of the scheme is facilitate the subscribers to seek tax benefits as provided under section 88 of the Income Tax Act 1961.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment