Mumbai: Pramerica Mutual Fund has filed an offer document with SEBI to launch its open-ended income scheme called Pramerica Dynamic Bond Fund.
The scheme aims to generate optimal returns through active management of a portfolio of debt and money market instruments.
The fund will be benchmarked against CRISIL Composite Bond Fund Index. The fund will be managed by Mahendra Jajoo, Executive Director, CIO, Fixed Income.
Investors will have to invest a minimum of Rs. 5,000 under this scheme.