PGIM India Credit Risk Fund Regular Plan Growth
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|Fund Type||Credit Risk|
|Exit Load||1% for 365 Days|
More about this fund
|S. D. Corporation Private Limited||20.5%|
|Sunny View Estates Private Limited||16.17%|
|6.18% Govt Stock 2024||9.95%|
|Oriental Nagpur Betul Highway Private Limited||9.64%|
|Rural Electrification Corporation Limited||9.1%|
|Shriram Transport Finance Company Limited||6.65%|
|5.09% Govt Stock 2022||1.93%|
|L&T Infrastructure Finance Company Limited||1.55%|
About DHFL Pramerica Credit Risk Fund
DHFL Pramerica Credit Risk Fund is an open-ended debt scheme investing in AA and below rated corporate bonds. At least 65% of capital will be invested in the in AA and below rated corporate bonds, while 35% may be directed to government securities and money market instruments. However, the fund will not invest in AA+ rated corporate bonds. The fund aims to generate income and capital appreciation over medium to long term.
Pros & Cons of DHFL Pramerica Credit Risk Fund
- DHFL Pramerica Credit Risk Fund offers the following benefits:
- Investing in this fund provides opportunities to develop fixed income portfolios across the credit spectrum.
- Investors can capture opportunities in the accrual and credit space.
- However, the fund returns are consistently less than the average category returns.
Fund Information and Statistics of DHFL Pramerica Credit Risk Fund
i) Inception / Launch date –
DHFL Pramerica Credit Risk Fund was launched on September 29, 2014, by DHFL Pramerica Mutual Fund.
ii) Risk level –
DHFL Pramerica Credit Risk Fund is a moderately risky bet and suitable for medium-term investments.
iii) Redemption –
Redemption is available on all business days at applicable NAV prices. The fund house will dispatch the redemption proceeds within 10 business days from the date of receipt of redemption request from the Unitholder.
iv) Fund Manager –
The fund is managed by Mr Kumaresh Ramakrishnan for the last 7 years which includes the time when the scheme was under Deutsche Asset Management (India) Pvt. Ltd. (DB AMC). He is a BE & MBA and comes with over 20 years of experience.
v) Entry / Exit load -
The fund house does not charge any entry load. Exit load is not charged for redeeming up to 10% of the units. However, an exit load of 1% is charged if more than 10 percent units are redeemed before one year from the date of allotment. No exit load is charged after that.
Tax benefits of investing in DHFL Pramerica Credit Risk 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 Pramerica Mutual Fund is a joint venture between DHFL and Pramerica. DHFL was founded in 1984 with an aim to provide financial access to the lower and middle-income segments of the society. The company strives to work towards financial inclusion even in India’s smallest towns. Over the years, DHFL has become one of India’s largest financial institutions.
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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