Hi ..I want to clarify about a scheme. Is there any scheme named ” canara bank robecco equity saver” ?
Does that scheme contains the following features ?
One of my friend invested in this scheme on 2009 for 3 years with one time investment 25000 Rs . Then he was getting dividend 4000 Rs every 4 months once ..for 3 consecutive years. Recently he finished that scheme and got 39000 Rs lump amount as market value of 25000 Rs .
So he totally got 4000*3=12000 Rs (each year)
For 3 years 36000 Rs .(DIVIDEND FOR EVERY 4 MONTHS )
On finishing the scheme 39000 Rs .(MARKET VALUE OF 25000)
Totally he got 75000 Rs by simply investing 25000 Rs 3 years before .
With this credentials any schemes available in canara robecco… please inform me ..Is it good to invest ..