1M
6M
1Y
3Y
5Y
All
| NAV: 16 Aug 2017 | ₹15.89 |
|---|---|
| Min. SIP Amount | NA |
| Rating | 3star |
|---|---|
| Fund Size | ₹7.79 Cr |
Holdings (1)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Dewan Housing Finance Corpn. Ltd. | Financial | Debenture | 53.0% |
Pros and cons
Category: Debt Floater
Pros
- Age is more than 10 years
- Lower expense ratio - 0.30480912%
- Exit load is zero
Cons
- Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
- 1Y Returns are lower than the category average returns
- 3Y Returns are lower than the category average returns
- 5Y Returns are lower than the category average returns
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 0.30480912%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Fund management
Puneet Pal
Dec 2017 - Present
View Details
Education
Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
Experience
Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
Also manages these schemes
Kumaresh Ramakrishnan
Jun 2019 - Present
View Details
Education
Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).
Experience
Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.
Also manages these schemes
Rakesh Suri
Jan 2017 - Present
View Details
Education
Mr. Suri is a B.Sc, B.Ed. and PGDBM (Finance).
Experience
Prior to joining PGIM India Mutual Fund he has worked with Samba Financial Group, ICICI Bank Ltd., Derivium Capital Pvt. Ltd., SREI International. Securities Ltd. and RR Financial Limited.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #26 in India |
|---|---|
| Total AUM | 6,924.71 Cr |
| Date of Incorporation | 13 May 2010 |
|---|
DHFL Pramerica Floating Rate Fund IDCW Yearly is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to inves
DHFL Pramerica Floating Rate Fund IDCW Yearly is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 13 May 2010. Puneet Pal, Rakesh Suri is the Current Fund Manager of DHFL Pramerica Floating Rate Fund IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹6,925 Cr and the Latest NAV as of 16 Aug 2017 is ₹15.89.
The DHFL Pramerica Floating Rate Fund IDCW Yearly is rated Moderately Low risk. Minimum SIP Investment is set to 500.
...Read more
Investment Objective
The scheme seek to generate income through predominantly investing in a portfolio comprising of floating rate debt instruments.
The scheme seek to generate income through predominantly investing in a portfolio comprising of floating rate debt instruments.
| Fund benchmark | CRISIL Low Duration Debt |
|---|
Fund house contact details
Address
Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
Phone
022-61593000
Launch Date
13 May 2010
E-mail
[email protected]Website
NA
PGIM India Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
DHFL Pramerica Floating Rate Fund IDCW Yearly
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