DHFL Pramerica MF changes the asset allocation pattern and benchmark of DHFL Pramerica Equity Income Fund
Aug 17 2017
News Category: AMC Specific Updates
DHFL Pramerica Mutual Fund has decided to change the asset allocation pattern and benchmark of DHFL Pramerica Equity Income Fund with effective from Sep 13, 2017. Accordingly, 65-95% asset would be allocated to equity and equity-related instruments (of which equity and equity derivatives allocation will be 25-75%), and debt securities and money market instruments will be 10-35%. Units issued by InVITs and and REITs will be 0-10%. It has also decided to change benchmark to 70% of the NIFTY 50 Arbitrage Index and 30% of the NIFTY 50 Index instead of 75% of CRISIL Liquid Fund Index and 25% in Nifty 50 Index.