/ Ways2Capital - DHFL Pramerica Asset Managers Launches DHFL Pramerica Fixed Duration Fund – Series AB ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 6 February 2017

DHFL Pramerica Asset Managers launches:
DHFL Pramerica Fixed Duration Fund – Series AB NFO open for subscription from 3rd – 14th February 2017; 1231 days closed ended debt scheme

The objective of the above schemes is to generate income by investing in debt and money market instruments maturing on or before the date of the maturity of the Scheme. However, there can be no assurance that the investment objective of the Scheme will be realized. The schemes will invest predominantly in Corporate Debt. The benchmark is CRISIL Composite Bond Fund Index. Minimum investment: Rs.5000 per application. There is No Entry and Exit Load

Suresh Soni, CEO, DHFL Pramerica Asset Managers Pvt. Ltd. said, “We believe that Fixed Duration Fund Series are an ideal investment avenue for investors seeking to lock in the current yields. With the launch of DHFL Pramerica Fixed Duration Fund– Series AB, we look forward to tap the appetite of investors for such products. The scheme matures in 1231 days; therefore, investors can also avail of the benefit of tax efficient returns due to Indexation.”

DHFL Pramerica Asset Managers Pvt. Ltd.

DHFL Pramerica Asset Managers is a full-service asset management company, providing mutual fund schemes as well as portfolio management services to its investors. With a geographical presence covering 23 cities, DHFL Pramerica Asset Managers as per the latest quarter (Oct-Dec 2016) has Average Assets Under Management of Rs 24,807 cr.

DHFL Pramerica Asset Managers Pvt. Ltd. is a 50:50 joint venture between Prudential Financial, Inc. (USA) and DHFL.

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