Pramerica Fixed Duration Fund - Series 7 - Regular Plan - Growth
Investment Objective
The objective of the Scheme is to generate returns by investing in a portfolio constituted of money market and debt instruments which mature on or before the date of the maturity of each series of the Scheme.
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Risk metrics are not available for this fund.
This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.
General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.