Fund Details
DHFL Pramerica Ultra Short Term Direct Dividend Quarterly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.33% |
| NAV | ₹11.30 (28 Jul 2019) |
|---|---|
| Fund Started | 14 Nov 2013 |
| Fund Size | ₹51 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.3%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 10.5% |
| Reserve Bank of India | Financial | T-Bills | 8.3% |
| Reserve Bank of India | Financial | T-Bills | 6.7% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 5.4% |
| Export-Import Bank Of India | Financial | CD | 5.4% |
| National Bank For Agriculture & Rural Development | Financial | CD | 5.4% |
| Power Finance Corpn. Ltd. | Financial | CP | 5.4% |
| Tata Capital Financial Services Ltd. | Financial | CP | 4.8% |
| REC Ltd. | Financial | Bonds | 4.4% |
| L&T Finance Ltd. | Financial | Debenture | 4.3% |
Fund Managers
DHFL Pramerica Ultra Short Term Direct Dividend Quarterly Details
DHFL Pramerica Ultra Short Term Direct Dividend Quarterly is a Debt Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 14 Nov 2013. Kumaresh Ramakrishnan, Kunal Jain is the Current Fund Manager of DHFL Pramerica Ultra Short Term Direct Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹51 Cr and the Latest NAV as of 28 Jul 2019 is ₹11.30.
The DHFL Pramerica Ultra Short Term Direct Dividend Quarterly is rated Moderately Low risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme aims to generate stable returns and provide liquidity by investing in a mix of short term debt and money market instruments.
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.
