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DHFL Pramerica Tax Plan(G)

DHFL Pramerica Tax Plan(G)
Dividend Yearly
NA
Category
Equity - Tax Saving
52-week NAV high
32.03  (As on 28-08-2018)
52-week NAV low
27.28  (As on 26-10-2018)
Expense
2.7% 

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.85 4.68 10.29 0.00 8.58 12.81 8.71 14.56 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Mar 20, 2006
Last Dividend
NA
Minimum Investment
500

DHFL Pramerica Asset Managers Private Limited is the investment manager of DHFL Pramerica Mutual Fund. This is under a Investment Management Agreement between the Asset Management Company and the Trustee. DHFL Pramerica Mutual Fund focuses on creating superior wealth building solutions for the investors.

Investment Objective of DHFL Pramerica Tax Plan - Growth

The objective of this scheme is to make investments in equity and its related instruments and generate long term capital appreciation.

Key Features of DHFL Pramerica Tax Plan - Growth

Some of the key features of DHFL Pramerica Tax Plan - Growth have been listed in the table below:

Type of fund

Open-ended equity linked savings scheme

Plans available

Regular and Direct plan

Options under each plan

Growth and Dividend

Risk

Moderately High

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for DHFL Pramerica Tax Plan - Growth

Minimum application amount

Rs.500, in multiples of Rs.500 post initial purchase

Minimum additional investment

Rs.500, in multiples of Rs.500 post initial purchase

Minimum installment for Systematic Investment Plan (SIP)

  • In case of monthly installments, 10 installments of Rs.500 each and in multiples of Rs.100 thereafter (subsequent amount to be paid might be in multiples Rs.500 in some cases)
  • In case of quarterly installments, 5 installments of Rs.1,000 each and in multiples of Rs.100 thereafter (subsequent amount to be paid might be in multiples Rs.500 in some cases)

Minimum installment for Systematic Withdrawal Plan (SWP)

  • Ten installments of Rs.500 each and in multiples of Rs.100 thereafter in the case of monthly installments
  • In the case of quarterly installments, five installments of Rs.1,000 each and in multiples of Rs.100 thereafter

Entry Load

Not applicable

Exit Load

Nil

Asset Allocation for DHFL Pramerica Tax Plan - Growth

Instruments

Indicative allocations (% of total assets)

Risk Profile

Minimum

Maximum

Debt instruments that include Government securities and cash, money at call, market instruments, and securitised debt instruments

0%

20%

Low to Medium

Equity and equity related securities

80%

100%

High

Who can invest in DHFL Pramerica Tax Plan - Growth

The following entities can make investments in DHFL Pramerica Tax Plan - Growth:

  • Resident Indians, either singly or jointly (not more than three)
  • Karta of Hindu Undivided Families
  • Partnership firms
  • Parent or guardian investing on behalf of minors
  • Banks and other financial institutions
  • Proprietorships investing in the name of sole proprietor
  • Non-Resident Indians
  • Public Sector Undertakings, Companies, Association of Persons, Bodies of Individuals, and societies registered under Societies Registration Act, 1860
  • Scientific research organisations
  • Air force, Army, Navy and other bodies made by such institutions
  • Foreign Portfolio Investors
  • Charitable trusts, endowments of private trusts, and private trusts that have been given the authority to invest in mutual fund schemes
  • Multilateral Funding Agencies with prior approval from the Government of India
  • Scheme of other mutual funds or other schemes of DHFL Pramerica Mutual Fund provided they adhere to the limits and conditions of SEBI Regulations

NAV Disclosure and Benchmark for DHFL Pramerica Tax Plan - Growth

The NAV of DHFL Pramerica Tax Plan - Growth will be declared at the end of every business day. This declaration will be made to the Association of Mutual Funds (AMFI), news agencies, and the press. The Asset Management Company will be publishing the NAV in the AMFI website and the company website. The NAV will also have to be published in at least two daily newspapers every business day. The Benchmark of DHFL Pramerica Tax Plan - Growth is S&P BSE 200 TR Index.

DHFL Pramerica Tax Plan - Growth Fund Manager

Avinash Agarwal is the fund manager of the scheme and has been managing the scheme for more than 9 months.

Investment Restrictions of DHFL Pramerica Tax Plan - Growth

Some of the investment restrictions of DHFL Pramerica Tax Plan - Growth have been listed below:

  • No more than 10% of the NAV of the scheme may be invested in equity and its related instruments.
  • More than 10% of any company’s capital carrying voting rights may not be owned by the mutual fund under any of its schemes.
  • More than 10% of the NAV of the scheme may not be invested in unlisted equity and its related instruments.
  • No investments shall be made by the mutual fund in fund of funds schemes.
  • Securities may be transferred or purchased in the name of the scheme in case the investments are meant to be long-term in nature.
  • More than 10% of the NAV of the scheme may not be invested in unrated debt instruments that have been issued by a single issuer. More than 25% of the NAV of the scheme may not be invested in such instruments.
  • No loans shall be advanced by the scheme under any circumstances.
  • There are some restrictions to be followed by the scheme when it comes to exchange of traded derivatives. Refer to the scheme information document to know more about the same.

Other Facilities under DHFL Pramerica Tax Plan - Growth

Listed below are some of the special products that are available in DHFL Pramerica Tax Plan - Growth:

  • Systematic Investment Plan
  • Systematic Transfer Plan
  • Systematic Withdrawal Plan

Why should you invest in DHFL Pramerica Tax Plan - Growth

DHFL Pramerica has branches spread out in more than 19 cities, including branches in Chennai, Delhi, Bangalore, Kolkata, Ahmedabad, Hyderabad, and Pune. DHFL Pramerica comes with both global resources and local investment expertise to offer the best possible service to the customers.

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GST rate of 18% applicable for all financial services effective July 1, 2017.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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