PGIM India Premier Bond Fund Growth
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|Fund Type||Corporate Bond|
More about this fund
|6.18% Govt Stock 2024||12.71%|
|National Bank For Agriculture and Rural Development||6.31%|
|Housing Development Finance Corporation Limited||6.22%|
|Reliance Industries Limited||5.59%|
|Britannia Industries Limited||5.4%|
|Mahindra & Mahindra Financial Services Limited||5.04%|
|Fullerton India Credit Company Limited||5.02%|
|Rural Electrification Corporation Limited||4.98%|
|Housing and Urban Development Corporation Limited (Hudco)||4.37%|
|National Housing Bank||3.87%|
About DHFL Pramerica Premier Bond Fund
DHFL Pramerica Premier Bond Fund as the name suggests is a debt scheme investing in bonds. The scheme invests predominately in AA+ and above rated corporate bonds. The fund may also invest in Government securities, money market instruments, foreign debt securities, and securitised debt. The fund strives to generate regular income over a medium-term timeframe.
Pros & Cons of DHFL Pramerica Premier Bond Fund
- DHFL Pramerica Premier Bond Fund offers the following benefits:
- The fund enables investors to generate income while minimising the risk by investing in corporate bonds.
- Investors can diversify their portfolio with this scheme.
- However, the fund returns are consistently lower than the average category returns.
Fund Information and Statistics of DHFL Pramerica Premier Bond Fund
i) Inception / Launch date –
The DHFL Pramerica Premier Bond Fund was launched on January 21, 2003, 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 repurchase and redemption at applicable NAV price on every Business Day. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.
v) Fund Manager –
The fund is jointly managed by Mr Rakesh Suri since March 2016 and Puneet Pal since December 2017. The comes with a cumulative work experience of 33 years between them.
v) Entry / Exit load -
The fund house does not charge any entry load or exit load.
Tax benefits of investing in DHFL Pramerica Premier Bond 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 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