Fund News

Pramerica launches Ultra Short Term Bond Fund

Last updated: 14-Nov-2022•Value Research

Pramerica Asset Managers on Wednesday launched Pramerica Ultra Short Term Bond Fund. This open-end

Pramerica Asset Managers on Wednesday launched Pramerica Ultra Short Term Bond Fund. This open-ended debt scheme will be managed by Mahhendra Jajoo, executive director and chief investment officer, fixed income. The scheme will be benchmarked to CRISIL Liquid Fund Index. The new fund offer (NFO) is priced at Rs 10 per unit and has no entry or exit load. The NFO will be open for subscription from September 16, 2010 to September 23, 2010. The scheme re-opens for continuous sale and repurchase on September 27, 2010.

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