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PGIM India Premier Bond Fund Direct Plan Quarterly Dividend Reinvestment

Debt

  

Corporate Bond Fund

NAV

12.782 -0.057

as on (07 Apr, 2020)

RETURNS

3.9 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0.17 %

Benchmark

CRISIL Composite Bond Fund TR INR

Asset Size

49.24 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

The investment objective of the Scheme is to seek to generate income and capital appreciation by predominantly investing in AA+ and above rated corporate bonds.

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Fund manager

Puneet Pal

(since 13 Dec, 2017)

Exit load

N / A

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

HDB Financial Services Limited

12.08 %

7.37% Govt Stock 2023

8.27 %

Rural Electrification Corporation Limited

8.22 %

Power Finance Corporation Ltd.

8.17 %

Sector Allocation

About the Scheme Type

Corporate Bond Fund

Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.

Ratings

This fund is rated 2 stars by Morning Star Ratings.

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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.