PGIM India Equity Savings Fund Growth Option
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|Risk||Moderately High risk|
|Fund Type||Equity Savings|
|Exit Load||0.5% for 90 Days|
More about this fund
|Net Receivables / (Payables)||38.14%|
|Clearing Corporation Of India Ltd.||13.09%|
|PGIM India Insta Csh Dr Pl Gr||8.86%|
|IndusInd Bank Ltd||7.96%|
|Future on IndusInd Bank Ltd||7.96%|
|Future on Vedanta Ltd||7.12%|
|Future on State Bank of India||4.4%|
|State Bank of India||4.38%|
|HDFC Bank Ltd||4.24%|
About DHFL Pramerica Equity Savings Fund
DHFL Pramerica Equity Savings Fund as the name suggests is an open-ended scheme which invests predominately in equity and equity-related securities. A small portion of the capital is invested in debt securities and arbitrage opportunities. A minimum of 65% and a maximum of 90% will be invested in equity and related securities. The scheme seeks to deliver capital appreciation over a medium-term time horizon.
Pros & Cons of DHFL Pramerica Equity Savings Fund
- DHFL Pramerica DHFL Pramerica Equity Savings Fund offers the following benefits:
- The fund enables investors to earn regular income and appreciate the capital while minimising the risk.
- The scheme has only un-hedged equity exposure which is limited to 40%.
- The returns from this scheme are better than the average category return.
Fund Information and Statistics of DHFL Pramerica Equity Savings Fund
i) Inception / Launch date -
DHFL Pramerica Equity Savings Fund was launched on January 29, 2004, by DHFL Pramerica Mutual Fund.
ii) Risk level –
DHFL Pramerica Equity Savings Fund is a moderately high-risk bet and suitable for medium-term and above investment horizon.
iii) Redemption –
The redemption request can be made on any business day subject to the NAV price. Proceeds will be dispatched to you by the fund house within 10 working days from the receipt of the redemption request.
iv) Fund Manager –
The fund is jointly managed by Mr Alok. Agarwal since late 2016 and Mr Kumaresh Ramakrishnan since April 05, 2018. They have 31 years of work experience between them.
v) Entry / Exit load -
The fund house does not charge any entry load or exit load if redeemed after 1 year from the date of allotment. However, 1% exit load is charged if redeemed before 6 months.
Tax benefits of investing in DHFL Pramerica Equity Savings Fund
A short-term capital gain tax of 15 % is levied is the units are sold within one year from the date of allotment. Long-term capital gains, in excess of Rs 1 lakh, are taxed at 10% if the units are sold after one year. Dividend distribution may be applicable.
About DHFL Pramerica Mutual Fund
DHFL Pramerica Mutual Fund emerged with the partnership between DHFL and PFI. The former was founded in 1984 to provide financial access to lower and middle-income segments. It has a vast distribution network, industry expertise, and in-depth understanding of the Indian customers. PFI comes with a resource of 49,000 employees and associates across the globe.
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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