DHFL Pramerica Medium Term Fund Regular Plan Growth
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|Fund Type||Medium Duration|
|Exit Load||1% for 31 Days|
More about this fund
|Indiabulls Housing Finance Limited||47.28%|
|Dewan Housing Finance Corporation Limited||25.74%|
|Dewan Housing Finance Corporation Limited||11.68%|
|Housing And Urban Development Corporation Ltd.||5.8%|
About DHFL Pramerica Medium Term Fund
DHFL Pramerica Medium Term Fund is an open-ended debt scheme investing in debt and money market instruments. The Macaulay Duration period of the portfolio will be between 3 years to 4 years which may be reduced to 1 year under adverse circumstances to guard the investor’s interest. The scheme seeks to generate regular income and capital appreciation over a medium-term investment horizon.
Pros & Cons of DHFL Pramerica Medium Term Fund
- DHFL Pramerica Medium Term Fund offers the following benefits:
- The fund is ideal for investors seeking reasonable returns without higher risks.
- The scheme may also invest in other funds delivering the benefits of fund of fund schemes.
- The recent returns of the scheme are better than the average category return.
Fund Information and Statistics of DHFL Pramerica Medium Term Fund
i) Inception / Launch date –
The DHFL Pramerica Medium Term Fund was launched on March 06, 2014, by DHFL Pramerica Mutual Funds.
ii) Risk level –
Investment in the fund are a moderate risk bet and suitable for investors with a medium-term investment horizon.
iii) Redemption –
The Scheme will offer units for purchase and redemption at NAV related prices on every Business Day. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.
iv) Fund Manager –
The fund is managed by Mr Puneet Pal since December 2017. He comes with 16 years of experience and has worked with BNP Paribas AMC, UTI AMC, and Tata AMC as Fund Manager.
v) Entry / Exit load -
The fund house does not charge any entry load. However, 1 % exit load is charged if the units are redeemed before 1 month from the date of allotment. No exit load is charged after 1 month.
Tax benefits of investing in DHFL Pramerica Medium Term Fund
A Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months. Dividend distribution tax will be deducted before distribution of the dividend.
About DHFL Pramerica Mutual Fund
DHFL was founded in 1984 while PFI was established over 140 years ago. Both companies are top institutions in their respective markets and have strived to deliver the best financial solutions. The partnership is headed by a strong team with rich industry experience. PFI was ranked 1st on Fortune Magazine’s 2017 list of “World’s Most Admired Companies” in the Insurance: Life and Health Category.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns