To generate income by investing in a wide range of debt securities and Money Market Instruments of various maturities and risk profile and a small portion of investment in equities and equity related instruments.
Canara Robeco Conservative Hybrid Fund - Direct Plan - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.
Any profit will be clubbed with your income and taxed at your effective tax rate.