DHFL Pramerica Floating Rate Fund Dividend Weekly is a Debt Mutual Fund Scheme launched by DHFL Pramerica Mutual Fund. This scheme was introduced to investors on 04 Jun 2010. Puneet Pal, Rakesh Suri is the Current Fund Manager of DHFL Pramerica Floating Rate Fund Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹8 Cr and the Latest NAV as of 22 Jun 2019 is ₹5.20.
The DHFL Pramerica Floating Rate Fund Dividend Weekly is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The primary objective of the Scheme is to provide liquidity and generate stable returns by investing in a mix of short term debt and money market instruments. There can be no assurance that the investment objective of the Scheme will be realized.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment