New Fund launched by Pramerica Mutual Fund.
Fund Name: Pramerica Liquid Fund
Fund Type: Open Ended Liquid Type Scheme
This fund is aimed to deliver returns by investing in low risk debt and money market instruments. The company will invest 100% of the funds in debt related instruments, money market related instruments etc. There is no Entry Load and no Exit load for investing in this fund. The details of the New Fund Offer period are given below. You can apply for the scheme in this period. The fund manager for the “Pramerica liquid fund” is Mr. Mahendra Jajoo.
NFO Opening Date: 23-August-2010NFO Closing Date: 26-August- 2010
NFO Price: Rs 10 / face value. This is during the NFO Period
Minimum Amount that has to be Invested: Rs 10,000 and in multiples of Re 1
Options for the investors in the scheme:
- Growth Option
- Dividend Option
- Dividend Reinvestment – This can be done on a daily, weekly, monthly, fortnightly basis.
- Dividend Payout – Monthly and Fortnightly basis.
If you choose dividend option, then you choose either dividend reinvestment option or dividend payout option.
Disclaimer:
“Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. Please read the Statement of Additional Information and Scheme Information Document carefully before investing”.
“In Mutual Funds, the past performance is not guaranteed in future”.
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