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DHFL Mutual Fund files offer document for Pramerica Focused Equity Fund

  • Mar-13-2018
  • 16 Hrs IST

DHFL Mutual Fund has filed offer document with SEBI to launch an open ended multi cap equity Scheme named as ' DHFL Pramerica Focused Equity Fund.'. The New Fund Offer price is Rs 10 per unit. Entry load and exit load will be Nil for the scheme. The scheme offers growth and dividend options and seeks to collect a Minimum Target Amount of Rs 10 crore.

The scheme’s performance for scheme will be benchmarked by S&P BSE 200 Index. The minimum application amount is Rs 5,000 and in multiples of Re 1 thereafter.

The investment objective of the Scheme is to generate long term capital appreciation by investing in a focused portfolio of equity and equity related instruments of upto 30 companies across all market capitalization and sectors.