Invest Canara Robeco Indigo Fund

8/13/2019 Invest Canara Robeco Indigo Fund

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KEY FEATURES DOCUMENT

(For Resident Indian and NRI customers of the Hongkong and Shanghai Banking Corporation Limited,

India (HSBC India))

ProductCanara Robeco InDiGo Fundfrom Canara Robeco Asset Management Company Limited

General Information

Full name of the investment product Canara Robeco InDiGo Fund (CRIF)

The above will be referred to as the scheme

Name of the issuing Company.

Contact address and phone number,

and details of its regulatory status and

licences of the company

Canara Robeco Mutual Fund (CRMF)

Regd Office Address: Construction House, 4th

Floor,5,

Walchand Hirachand Marg, Ballard Estate, Mumbai 400

001.

SEBI Regn Number: MF/004/93/4

Aim and nature of the product CRIF is an open ended debt scheme with an investment

objective to generate income from a portfolio

constituted of debt & money market securities along

with investments in Gold Exchange Traded Funds (Gold

ETFs).

Under normal circumstances, the asset allocation of the

Scheme will be as follows

Instruments Indicative allocations

(% of total assets)

Maximum Minimum

Indian Debt &

Money Market

Instruments

90 65

Gold ETFs 35 10

Exposure by the Scheme in Securitised Debt shallnot exceed 25% of the net assets of the Scheme atthe time of investment.

Gross notional exposure by the Scheme in fixedincome derivative instruments for the purpose ofhedging and portfolio rebalancing shall not exceed30% of the net assets of the Scheme at the time ofinvestment.


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Total of investments in debt securities (includingsecuritized debt), money market instruments, GoldETFs and gross notional exposure in derivatives shallnot exceed 100% of the net assets of the Scheme.

AMC will create a portfolio of fixed income securitiesand Gold ETFs after adhering to stringent credit

quality and sector limitations

The performance of the scheme will be benchmarkedto the performance of Canara Robeco Blended Gold

Index (composite index of the Gold Index and CRISIL

Short term Bond Fund Index computed by CRISIL

Limited)

Please read the relevant Scheme Information document

(SID) available on the AMC website for more details on

asset allocation and investment pattern of the scheme.

Statements or regular reports issued

during the investment period

On acceptance of the application for subscription,

an allotment confirmation specifying the number of units

allotted by way of email and/or SMS will be sent to the

Unit holders registered e-mail address and/or mobile

number within 5 Business Days from the date receipt of

request from the unitholder..For those unit holders who

have provided an e-mail address, the AMC will send the

account statement by e-mail. The unit holder may request for a physical

account statement by writing/calling the AMC/ISC/R&T.

The AMC will issue the same within 5 working days.

In case of Unit Holders holding units in the

dematerialized mode, the Fund will not send the account

statement to the Unit Holders. The statement provided

by the Depository Participant will be equivalent to the

account statement.

Consolidated Account Statement

A consolidated account statement (CAS) for each

calendar month to the Unit holder(s) in whose folio(s)

transaction(s) has/have taken place during the month on

or before 10th of the succeeding month shall be sent by

mail/e-mail.


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In the event the account has more than one

registered holder, the first named Unit holder shall

receive the CAS/ account statement.

The transactions viz. purchase, redemption,

switch, dividend payout, etc., carried out by the Unit

holders shall be reflected in the CAS on the basis of

Permanent Account Number (PAN).

The CAS shall not be received by the Unit holders

for the folio(s) not updated with PAN details.

Half Yearly Consolidated Account Statement:

A consolidated account statement detailing

holding across all schemes at the end of every six months

(i.e. September/ March), on or before 10th day of

succeeding month, to all such Unit holders in whose

folios no transaction has taken place during that periodshall be sent by mail/email.

The half yearly consolidated account statement

will be sent by e-mail to the Unit holders whose e-mail

address is registered with the Fund, unless a specific

request is made to receive in physical.

Unit holders who receive account statements by

e-mail may download the documents after receiving e-

mail from the Fund. Should the Unit holder experience

any difficulty in accessing the electronically delivered

documents, the Unit holder shall promptly advise the

Fund to enable the Fund to make the delivery through

alternate means. It is deemed that the Unit holder is

aware of all security risks including possible third party

interception of the documents and contents of the

documents becoming known to third parties.

Annual Account Statement:

The Mutual Funds shall provide the Account

Statement to the Unit holders who have not transacted

during the last six months prior to the date of generation

of account statements. The Account Statement shallreflect the latest closing balance and value of the Units

prior to the date of generation of the account statement

The account statements in such cases may be

generated and issued along with the Portfolio Statement

or Annual Report of the Scheme.


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Alternately, soft copy of the account statements shall be

mailed to the investors e-mail address, instead of

physical statement.

Please read the relevant Scheme Information document

(SID) available on the AMC website for more details

Any cooling off period (right to cancel

investment post-sale)

No

Details of charges associated with

cancellation during the cooling off

period

N/A

Investment Conditions

Minimum and maximum initial

investment in the product

Minimum investment amount is INR 5,000/- and

multiples of Re 1 thereafterPermissible frequency and

amount(s) of subsequent

investments

The scheme is an open ended product and investments

are permissible on an ongoing basis

Additional investment : INR 1,000/-

Minimum and maximum term for

investment

Customers should consider this as a long-term

investment and should ensure they have sufficient

liquid funds available to meet unforeseen

circumstances rather than rely on early withdrawal

from the product.

However investors wishing to exit from the scheme

within a year of investing could do so subject to

applicable exit loads.

Exit Load: 1% if redeemed / switched-out in less than

or equal to 1 year from the date of allotment

Product Particulars

Any guarantee or protection on the

capital or income from the

investment in this product

There is NO guarantee or protection on the capital or

income from the investment in this product

Details of the organisation providing

the guarantee or protection

N/A

Details of any situations in which the

protection or guarantee may not

apply

N/A


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Charges levied on the customer

either initially or during the product

life

The total estimated recurring expense is 2.25% per

annum

Performance fee mechanism if

applicable

N/A

The frequency and basis of

calculation for interest / returns

payable

N/A

Any component funds which make

up the investment product

As mentioned above the scheme

How can the customer find out the

current worth of their investment?

AMC shall update the NAVs on the website of

Association of Mutual Funds in India AMFI

(www.amfiindia.com) on daily basis

NAV shall be published at least in two daily newspaperson daily basis. The Mutual Fund shall disclose the full

portfolio of Plan under the Scheme at least on a half-

yearly basis on the website of AMC.

Does the customer have voting

rights in any underlying stock

N/A

Law applicable to the investment

contract

Securities and Exchange Board of India (Mutual Funds)

Regulations, 1996

Legal and regulatory status of the

product provider (Portfolio

Manager)

Canara Robeco Asset Management Company Ltd.

(CRAMC) incorporated under the provisions of the

Companies Act, 1956. CRAMC also acts as the AssetManagement Company for the scheme(s) of Canara

Robeco Mutual Fund under an Investment

Management Agreement dated 16th June, 1993.

Canara Robeco Mutual Fund is registered with SEBI as a

Mutual Fund under SEBI (Mutual Funds) Regulations,

1996 vide Registration No.MF-004/93/4 dated 19th

October, 1993.

Methodology for calculating returns

for tracker (indexed) products,

N/A

Early Withdrawal

Is it possible to withdraw some or all

investment funds?

The product is an open-ended product and therefore

the customer can make withdrawals in full or in part

subject to exit loads.


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Details of charges or penalties

incurred through early withdrawal

Exit Load: 1% if redeemed / switched-out in less than

or equal to 1 year from the date of allotment

Procedure for making an early

withdrawal

The redemption requests can be made by providing

specific instruction to the AMC or the Bank for onward

submission to the AMC.

Liquidity considerations in the event

of early withdrawalRedemption request can be given on any business day

subject to applicable exit charges.

Risk Factors

Whether the investment value, or

income arising, can rise as well as

fall?

Yes

Whether the customer could get

back less than their original

investment?

Yes. It is possible that the market value of the portfolio

maybe below the amount originally invested.

Special considerations for investors

of the scheme

1. The scheme assets would be Gold ETFs andvalued at the market price of the said units on

the principal exchange. The same may be at a

variance to the underlying NAV of the scheme,

due to market expectations, demand supply of

the units, etc.

2. Although Gold ETFs are listed on the NationalStock Exchange of India Limited, there can be no

assurance that an active secondary market will

develop or be maintained3. The value (price) of gold may fluctuate for

several reasons and all such fluctuations will

result in changes in the NAV of units under the

scheme.

Please refer to the SID and other scheme specific

documents for risks associated with Gold ETFs

Possibility of any currency risk Customers funds are invested into Indian debt markets

and the investments and the portfolio value are

denominated in Indian Rupee (INR). However, some or

many of the companies the portfolio may have business

exposure to foreign currencies and as a result of which

their business prospects may be impacted.

Gold ETFs are products linked to the price of gold which

may fluctuate based on international currency rates.


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What would happen if the

underlying fund provider were to

become insolvent?

The insolvency of the Portfolio Manager may not have

an impact on the value of the investments as the

investors investments are held in a trust by a custodian

and the Investment Manager may not have any right or

authority to use the investors funds to meet the latters

financial obligations or liabilities.

However, the Investment Managers ability to manage

funds effectively may be significantly impaired in the

eventuality of insolvency.

Impact of the investment on the

customers overall tax position

Investors are advised to seek independent tax opinion.

Important Information

HSBC India is merely facilitating your investments into MF products that are independently

managed by the respective product providers.


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CRIF is an open ended debt scheme, aims to generate income from a portfolioconstituted of debt & money market securities along with investments in Gold ETFs.

Debt & money market securities

Price-Risk or Interest-Rate Risk: Fixed income securities such as bonds, debentures andmoney market instruments run price-risk or interest-rate risk. Generally, when interest

rate rise, prices of existing fixed income securities fall and when interest rates drop,

such prices increase. The extent of fall or rise in the prices is a function of the existing

coupon, days to maturity and the increase or decrease in the level of interest rates.

Credit Risk: In simple terms this risk means that the issuer of a debenture/bond or amoney market instrument may default on interest payment or even in paying back the

principal amount on maturity. Even where no default occurs, the price of the security

may go down because the credit rating of an issuer goes down.

Gold and Gold ETFs

The price of Gold may fluctuate due to various reasons such as global gold supplies anddemand, investors expectations with respect to the rate of inflation, currency exchange

rates, interest rates, global or regional political, economic or financial events and

situations, etc. There is no assurance that gold will maintain its long-term value in terms

of purchasing power in the future. In the event that the price of gold declines, the value

of investment in units in which the Scheme has invested will, in general, decline

proportionately

There may be certain circumstances that may motivate large-scale sales of gold by theissuer of Gold ETFs which could decrease the price of gold and adversely affect the value

of investment in the Gold ETFs in which the Scheme has invested.

The product is subject to impact cost risk - Impact costs are implicit costs also which ispaid by liquidity demanders to liquidity providers


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Mutual Fund investments are subject to market risks, read all scheme related documents

carefully.

Confirmation

I/We have read this Key Features Document and I/we understand the information provided therein

and the risks associated with this investment

Signature

Customers Name

Account Number

Date

The Hongkong and Shanghai Banking Corporation Limited, India 2006

52/60 Mahatma Gandhi Road, Mumbai 400 001

This publication has been issued by The Hongkong and Shanghai Banking Corporation Limited (HSBC

India) in India, for the information of its customers only. This publication does not constitute

investment advice or an offer to sell, or a solicitation of an offer to purchase or subscribe for any

investment. The information herein is derived from publicly available sources that HSBC India

considers reliable but which has not been independently verified. Whilst every care has been taken

in compiling the information, HSBC makes no guarantee, representation or warranty and accepts no

responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of

HSBC India only and are subject to change without notice. Opinions expressed herein do not have

regard to specific investment objectives, financial situation and the particular needs of any specific

person who may receive this publication. Investors should seek financial advice regarding the

appropriateness of investing in any securities or investment strategies that may have been discussed

in this publication and should understand that the views regarding future prospects may or may not

be realized. Past performance is not indicative of future results. This document is for HSBC

customers only. HSBC makes no representations that the products or services mentioned in this

document are available to persons of any other country or are necessarily suitable for any particular

person or appropriate in accordance with their local law. Among other things, this means that the

disclosures set forth in this document may not conform to rules of the regulatory bodies of any other

country and investment in the products discussed will not afford the protection offered by the local

regulatory regime in any other country. HSBC India or its affiliates or their officers, directors and

employees may have investments in any of the products mentioned in this publication (or in anyrelated products) and may from time to time, add to or dispose off any such investment. Please read

the Scheme Information Document provided by the Investment Manager/AMC carefully before

investing.

For private circulation only. The information contained herein is confidential to the recipients thereof and may not be

reproduced or otherwise disseminated.

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Invest Canara Robeco Indigo Fund