DHFL Pramerica Ultra Short Term Fund is a scheme of DHFL Pramerica Mutual Fund. DHFL Pramerica Mutual Fund has a presence in more than 19 cities in the country. DHFL Pramerica Asset Managers Private Limited is the investment manager of DHFL Pramerica Mutual Fund.
Investment Objective of DHFL Pramerica Ultra Short Term Fund - Growth
The main objective of this scheme is to generate liquidity and look to generate returns by making investments in a combination of money market and debt instruments.
Key Features of DHFL Pramerica Ultra Short Term Fund - Growth
|Type of fund||Open-ended ultra short-term debt scheme|
|Plans available||Regular and Direct plan|
|Options under each plan||Both the plans have two options, growth and dividend|
|Systematic Investment Plan||Available|
|Systematic Transfer Plan||Available|
|Systematic Withdrawal Plan||Available|
Investment Amount for Axis Liquid Fund- Direct Plan - Growth Option
|Minimum application amount||Rs.5,000 and in multiples of Re.1 thereafter|
|Minimum additional investment||Rs.1,000 and in multiples of Re.1 or 100 units thereafter|
|Minimum installment for Systematic Investment Plan (SIP)||For monthly frequency, 10 installments are required of Rs.500 each. Subsequent investments should be in multiples of Rs.100. For quarterly frequency, 5 installments are required of Rs.1,000 each. Subsequent investments should be in multiples of Rs.100.|
|Entry Load||Not applicable|
Asset Allocation for DHFL Pramerica Ultra Short Term Fund - Growth
|Instruments||Indicative Allocations (% of total assets)||Risk Profile|
|Money market and debt instruments that include Government securities||0%||100%||Low to Medium|
NAV Disclosure and Benchmark for DHFL Pramerica Ultra Short Term Fund - Growth
The NAV of the scheme will be calculated by the company at the end of every business day. The calculated NAV will be disclosed to the news agencies, the press, and the Association of Mutual Funds in India. The NAV will be displayed both on the website of the asset management company and the official AMFI website (www.amfiindia.com). The NAV will also have to be displayed in at least two daily newspapers every business day.
DHFL Pramerica Ultra Short Term Fund - Growth Fund Manager
Kumaresh Ramakrishnan and Kunal Jain are the fund managers of the scheme. Kumaresh Ramakrishnan has been the fund manager of the scheme for more than 7 years now.
Why you should invest in DHFL Pramerica Ultra Short Term Fund - Growth
DHFL Pramerica combines local investment knowledge with global resources and intellectual acumen and is focused on delivering the best products for the investors. The AMC always aims to design very attractive wealth building options for its investors.
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