DHFL MF Pramerica Fixed Duration Fund - Series 31, Close ended income scheme. - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Friday, August 12, 2016

DHFL MF Pramerica Fixed Duration Fund - Series 31, Close ended income scheme.

DHFL MF Pramerica Fixed Duration Fund - Series 31, Close ended income scheme.

DHFL Pramerica Mutual Fund (MF) has launched a new fund named as DHFL MF Pramerica Fixed Duration Fund - Series 31, a close ended income scheme.
The tenure of the scheme is 1100 days from the date of allotment of the scheme. The New Fund Offer (NFO) price for the scheme is Rs. 1.000 per unit.

The new issue will be open for subscription from 8 August to 16 August 2016.
The objective of the Scheme is to generate income by investing in debt and money market instruments maturing on or before the date of the maturity of the Scheme.

The scheme offers growth and dividend options under both regular plan and direct plan.

Dividend option has dividend payout facility and dividend transfer facility.

The scheme shall invest 80% to 100% of assets in debt instruments including government securities and securitized debt (excluding money market instrument) with low to medium risk profile and invest upto 80% of asset in money market instruments with low risk profile. Includes securitized debt upto 50% of the net assets of the scheme.

Minimum application amount is Rs. 5,000 and in multiples of Rs. 1,000 thereafter.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs. 20 crore under the scheme during the NFO period.

Entry load: Not applicable

Exit load: Nil

Benchmark Index for the scheme is CRISIL Composite Bond Fund Index.
The fund manager of the scheme is Rakesh Suri.


DHFL MF Pramerica Fixed Duration Fund - Series 31, Close ended income scheme. Reviewed by S. Chitra on August 12, 2016 Rating: 5 DHFL MF Pramerica Fixed Duration Fund - Series 31, Close ended income scheme. DHFL Pramerica Mutual Fund (MF) has launched a new fund n...

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