DHFL Pramerica Mutual Fund has decided to merge four of its debt mutual fund schemes. According to a notice released by the fund house, DHFL Pramerica Floating Rate Fund will be merged with DHFL Pramerica Ultra Short Term Fund and DHFL Pramerica Medium Term Fund will be merged with DHFL Pramerica Credit Risk Fund. The notice also said that the fund house will create side-pockets or segregated portfolios in two of its FMPs.
The fund house said in the notice that the decision was taken to ..