Rating : ★ ★ ★ ☆ ☆

PGIM India Short Maturity Fund Direct Plan Growth

Debt

  

Short Duration Fund

NAV

37.4685 +0.0112

(as on 23 Oct, 2020)

RETURNS

4.93 %

Fund Type

Open Ended

Investment Plan

Growth

Investment Plan

1%

Benchmark

CRISIL Short Term Bond Fund TR INR

Asset Size

33.94 Cr.

(As of 30 Sep, 2020)

Risk

Moderate

Objective

The investment objective of the Scheme is to seek to generate returns with low to medium market risk for investors by investing in a portfolio of short -medium term debt and money market securities.

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Fund manager

Kumaresh Ramakrishnan

Exit load

1 %

(If redeemed within 180 days)

Minimum sip

₹500

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Power Finance Corporation Limited

9.13%

Power Grid Corporation of India Limited

8.86%

Indian Oil Corporation Limited

7.42%

Housing Development Finance Corporation Limited

7.37%

Sector Allocation

About the Scheme Type

Short Duration Mutual Funds usually have an investment horizon spanning about 1 – 3 years, with a scope to be extended to 4 years. Short Duration Mutual Funds are often accompanied by modest risks and non-volatile returns and theydo not even attract penalty on pre-mature withdrawals. These are usually beneficial for investors with lower risk appetite and offer greater post tax returns in comparison to other non-equitycounterparts of the same tenure.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of DHFL Pramerica Asset Managers Private Limited

DHFL was founded in 1984 by Late Shri Rajesh Kumar Wadhawan with a vision to provide financial access to the lower and middle income segments of the society. Today, led by Mr. Kapil Wadhawan, CMD, DHFL, the Company is one of India's leading mortgage finance institutions with presence in over 351 locations across the country, in addition to representative offices in Dubai and London.

DHFL Pramerica Mutual Fund is headquartered in Mumbai, with presence in 19 cities including branches in Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata and Pune. DHFL Pramerica Mutual Fund brings a rich blend of global resources, intellectual acumen and local investment expertise and is committed to designing superior and meaningful, wealth-building solutions for our investors. DHFL Pramerica Mutual Fund provides unique training and education programs for building exceptional capabilities and best business practices for its business associates.

All through its years of growth, DHFL has stayed with its core vision of financial inclusion. The Company's wide network, coupled with insights into local customer needs has enabled the Company to provide meaningful financial access to customers even in India's smallest towns. With a strong business foundation, an extensive distribution network, proven industry expertise and a deep understanding of the Indian customer, DHFL is one of India's largest financial services companies.