DHFL Pramerica Floating Rate Fund (An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives)
(Formerly known as DHFL Pramerica Short Term Floating Rate Fund)


Key Features

Benchmark Index

CRISIL Low Duration Debt Index(w.e.f. May 01, 2018)

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Minimum Application Amount

Minimum of Rs. 5000/- and in multiples of Re. 1/- thereafter.

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Minimum Additional Amount

Minimum of Rs. 1000/- and in multiples of Re. 1/-thereafter or 100 units.

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Exit Load

Nil

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Scheme Overview

Investment Objective

The objective of the scheme is to seek to generate income through predominantly investing in a portfolio comprising of floating rate debt instruments.

Investment Strategy

  • The fund predominantly invests in bank CDs; with the balance allocated to high quality money market instruments and medium tenor corporate bonds.
  • The bond holdings are actively managed basis the prevailing rate view.
Scheme Performance
Scheme Portfolio
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riskometer

This product is suitable for investors who are seeking*:

  • Income over the short term

  • Investments primarily in floating rate debt instruments and short term debt

  • Degree of risk – MODERATELY LOW

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Moderately Low

Moderately Low - Investors understand that their principal will be at moderately low risk

fund managers

Rakesh Suri

Mr. Rakesh Suri

Over 17 years of experience in Fixed Income Markets

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Puneet_Pal

Mr. Puneet Pal

Over 16 years of experience in Debt Market

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MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.


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