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DHFL Pramerica Mutual Fund launches DHFL Pramerica Tax Savings Fund

Mutual Fund

by Advisorkhoj Team | Mutual Fund | 34 Downloaded

NFO period: 19th October – 04th December, 2015

Highlights of the NFO:

  • Scheme type – An Open Ended Equity Linked Savings Scheme with a lock-in period of 3 years from the date of allotment.

  • Investment objective – The primary objective of the Scheme is to generate long-term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time. However, there is no assurance that the investment objective shall be realized.

  • Product suitability – The product is suitable for investors who are seeking long term capital appreciation by to generate long term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time.

  • Minimum Application Amount – First investment Rs. 500/- and multiples of Rs. 500/- thereafter

  • Plan/ Options available – Regular Plans and Direct Plans having Growth Option and Dividend Option.

  • Fund Managers – Mr. Bramhaprakash Singh (For the Equity Component) & Mr. Ritesh Jain (For the Debt Component).

  • Benchmark – BSE 200 Index

( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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