Pramerica Mutual Fund has been constituted as a trust under Indian Trusts Act, 1882, with Prudential Financial, Inc. (PFI) as the sponsor and Pramerica Trustees Private Limited as the trustee. The Trust Deed has been registered under the Indian Registration Act, 1908. Pramerica Mutual Fund has been registered with Securities and Exchange Board of India (SEBI) on May 13, 2010 under Registration Code MF/065/10/02.
PFI, a company incorporated and with its principal place of business in the United States of America (U.S.A.) is the sponsor of Pramerica Mutual Fund. PFI and its affiliated companies constitute one of the world’s leading financial services groups with approximately $693 billion (USD) of assets under management as of March 31, 2010 and with over 41,000 employees worldwide. PFI is headquartered in Newark, NJ (U.S.A.) and has more than 134 years of financial services experience with operations in the U.S., Asia, Europe, and Latin America. PFI is focused on helping individual and institutional customers grow and protect their wealth and offers a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. The firm is ranked 2nd on Fortune Magazine’s 2010 List of World’s Most Admired Companies in the Insurance: Life and Health Category,65th on the 2010 Fortune 500 List of America’s Largest Corporations and 298th on the 2009 Fortune Global 500 List of the World’s Largest Corporations. Pramerica is a trade name used by PFI and its affiliated companies in select countries outside the U.S.A.
Sponsor: Pramerica Financial, Inc. (U.S.A.)
Trustee: Pramerica Trustees Private Limited
Investment Manager: Pramerica Asset Managers Private Limited Statutory Details: Pramerica Mutual Fund, a trust set up under the provisions of the Indian Trusts Act, 1882 and registered with SEBI under securities and Exchange Board of India (Mutual Fund) Regulations, 1996.
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|Pramerica Midcap Opportunities Fund - Dir (G)||16.63||5.92||7.73||7.24||33.09||0|
|Pramerica Midcap Opportunities Fund (G)||16.5||5.9||7.58||7.01||32.55||0|
|Pramerica Diversified Equity Fund - Direct (G)||10.66||4.04||8.63||0||0||0|
|Pramerica Diversified Equity Fund (G)||10.64||3.84||8.44||0||0||0|
|Pramerica Large Cap Equity Fund - Direct (G)||13.71||2.42||5.13||0.22||17.75||0|
Nirlon House, 2nd Floor,
Dr.Annie Besant Road,
Worli, Mumbai - 400 030.
|Phone : 022-61593000||Phone :|
|Email : firstname.lastname@example.org||Email :|
|Website : www.pramericamf.com||Website :|
capital market/11:48, Jul 31, 2015
NFO period is from 05 August to 11 August 2015
The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.
Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.
Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.
However, it is imperative to understand that demographics eventually shape the dynamics of an economy.
CIBIL REPORTS are being touted as the solution to all credit decisions. To my mind, such a mindset could be extremely damaging. In this article, I will try to explain why.