DHFL Pramerica Mutual Fund
DHFL is one of the biggest financial services providers in the country and a known non-banking financial corporation. DHFL along with Prudential Financial Inc. sponsor the DHFL-Pramerica Mutual Fund. Pramerica Asset Management Private Limited acts as the investment manager for the mutual fund company. The company offers solutions and investment options for both international and domestic retail. DHFL Pramerica has a strong blend of global resources, precise judgement, and expertise in local investment. It strives to provide highly meaningful and well-aligned investment solutions for the investors.
DHFL also has a strong presence in the segment of life insurance (DHFL Pramerica Life Insurance) and education loans (Avanse Education Loans) apart from the asset management sector.
|Date of setup||May 13, 2010|
|Sponsor(s)||Prudential Financial, Inc. (PFI) & Dewan Housing Finance Corporation Limited(DHFL)|
|Address||Nirlon House, 2nd Floor, Dr Annie Besant Road, Worli, Mumbai - 400 030|
|Tel||022 - 61593000|
|Fax||022 - 61593100|
Why Choose DHFL Pramerica Mutual Fund?
Proven track record in market judgement: DHFL Pramerica schemes have a proven track record in providing strategic advisory services. These schemes are designed in order to provide better outcomes for the investors. The long-term portfolios are built to suit the individual profile of the investors.
A range of options: Investors can pick from a huge array of schemes. Some of the portfolios managed are under large cap focused diversified equity, credit opportunity debt fund, and liquid fund.
Expertise in risk profiling: DHFL Pramerica’s schemes has a detailed risk profile associated with it. This is why it is able to align these appropriately to each type of individual or institutional investor. This type of expert risk assessment enables each investor to get the right portfolio allocation as per their expected wealth creation needs.
Investor centric: The company’s fund management team and advisory services are geared to offer innovative investor-centric solutions that not only safeguards their investment but also suggest the right pick of funds based on their needs
Types of Funds Offered
Equity Fund: DHFL Pramerica equity funds allow investors to enter stock market trading and benefit from high returns with a well-managed portfolio designed by their fund managers. Funds like DHFL Pramerica Large Cap Fund allocate up to 80% into equity trading. Other popular funds include DHFL Pramerica Diversified Equity Fund, DHFL Pramerica Arbitrage Fund and DHFL Pramerica Midcap Opportunities Fund.
Debt Fund: DHFL Pramerica MF debt funds are safer avenues that invest in assured returns assets like bonds and government securities. The time horizon ranges from as low as 3 months (liquid funds) to as high as 3-5 years. With assured returns, it carries a lower risk than equity funds. It is a great option for retirement planning is investors want to apply for Systematic Withdrawal Plans (SWP) and get tax benefits under capital gains after factoring in cost inflation index (CII). DHFL operates different debt funds like DHFL Pramerica Insta Cash Fund, DHFL Pramerica Floating Rate Fund, and DHFL Pramerica Ultra Short Term Fund.
Hybrid Fund: These offer a blend of equity and debt asset allocation inside the portfolio. This can balance out the risk associated with the equity trading along with safety offered by debt assets like government securities. DHFL Pramerica Hybrid Debt Fund, DHFL Pramerica Equity Savings Fund, and DHFL Pramerica Hybrid Equity Fund are some of the hybrid funds managed by DHLF Pramerica.
International Fund of Funds: This investment strategy holds a portfolio of other investments. The fund managers reallocate the underlying assets to enable maximum benefits from the market fluctuations.
Fund Managers at DHFL Pramerica Mutual Fund
Mr. Rajesh Iyer, Chief Executive Officer:Rajesh is responsible for the direction and leadership of the business and growth strategy. Rajesh boasts of over 22 years of experience in equity research, proprietary fund management and investment advisory. He holds educational certificates such as CFA, USA; FRM, GARP, USA; Chartered Accountant (ICAI) and Cost Accountant (ICWA/I).
Mr. E.A. Sundaram, Chief Investment Officer – Equities:Sundaram oversees the overall equity platform of the company. He has more than 23 years of investment management experience in Indian equity investing on the buy side. He is a postgraduate from IIM Ahmedabad.
Mr. Kumaresh Ramakrishanan, Head – Fixed Income:Kumaresh is responsible for investment management for all fixed income products. He has more than 19 years of investment management experience in Indian Fixed Income market. He is a MBA in Finance and Bachelor of Engineering from Mumbai University.