In general, Pramerica Life Mutual Funds are available in four variants: Equity Funds, Debt Funds, Hybrid Funds, and International Fund of Funds.
Equity Funds
In equity funds of Pramerica Life Mutual Funds, the key investment options are the stocks and it is an open/close end scheme. One investor can easily choose the right stocks as per the current market trend and yield out commendable return on investment. Some of the funds that the company offers in this category are mentioned below.
Pramerica Life Large Cap Fund-
It is an open-ended equity scheme which comes with no entry load.
Investment Objective: The chief investment objective of the Pramerica Life Large Cap Fund is to offer the maximum ROI.
Suitable For: This investment plan is an ideal choice for the type of investors who are looking for high capital appreciation in a short span of time.
Pramerica Diversified Equity Fund
With an S&P BSE 200 Total Returns Index benchmark, Pramerica Life Diversified Equity Fund is a high-risk investment plan.
Investment objective: To attain a remarkable capital growth by investing in a set of diversified portfolios that are pro-actively managed.
Suitable for: It is ideal for such investors who want long-term capital at a constant pace.
Pramerica Life Midcap Opportunities Fund
Just like the above two, Pramerica Life Midcap Opportunities Fund is also an open-ended equity scheme with no entry load.
Investment objectives: To target equity and its related financial instruments of midcap companies for considerable capital growth in the long term.
Suitable for: It is an ideal investment plan for all those who want to have a considerable capital return on investment who can’t give the high amount as the plan’s input.
Pramerica Life Long-Term Equity Fund
It is basically an open-ended equity linked savings scheme which comes with a statutory lock-in period of 3 years.
Investment Objectives: The main investment objective of this moderately risky mutual fund is to raise high capital while giving some tax rebate to the investor as per Income Tax Act.
Suitable for: It is an ideal investment plan for those investors who seek tax relaxation along with a high ROI.
Pramerica Life Arbitrage Fund
It is an open-ended equity scheme that comes with moderately low-risk factor.
Investment Objectives: The scheme operates with an investment motive to invest in arbitrary opportunities just like money market and debt securities.
Suitable for: If you are looking for long-term capital by investing in arbitrary opportunities then this scheme is suitable for you by all means.
Another major type of Pramerica Life Mutual Funds is debt fund wherein the investors invest in financial plans which gives fixed returns. Treasury Bills and bonds are the examples of this type.
Pramerica Life Insta Cash Fund
It is low-risk open-ended liquid scheme funds that exert no exit load on the investor. The maturity period of these type of mutual funds does not exceed more than 90 days.
Investment objectives: The scheme operates with the investment objective of providing high liquidity to the investor by investing in a varied portfolio of high-end short-term debt along with the money market securities.
Suitable for: The scheme is best suitable for the investors which aim to accumulate short-term income and high liquidity.
Pramerica Life Low Duration Fund
An open-ended low duration debt scheme, Pramerica Life Low Duration Fund gives an opportunity to the investor to invest in the money market for the short time duration only.
Investment objectives: As its name suggests, this mutual fund scheme serves an investment objective to provide considerable capital as a return after investing for a short duration.
Suitable for: The mutual fund is an ideal investment option to all those who want to block their money only for a short period of time and seek return soon after the maturity.
Pramerica Life Ultra Short Term Fund
Designed to give good capital growth during ultra-short duration, Pramerica Life Ultra Short Term Fund is an open-ended ultra-short term debt scheme.
Investment objectives The scheme is operational with an investment objective to provide certain capital growth in lieu of ultra-short time period.
Suitable for If you want a quick capital growth to fulfill your financial goals then this scheme is suitable for you.
Pramerica Life Floating Rate Fund
It is an open-ended debt scheme designed to raise capital by investing in the floating rate debt securities.
Investment objectives: The mutual fund is driven by an investment objective to yield out considerable capital by investing in floating investment tools.
Suitable for: The scheme is best suited for those investors who seek short-term capital growth with the help of floating debt securities.
Pramerica Life Short Maturity Fund
With this open-ended term debt scheme, the investor has an exit load of 0.5% if the units are redeemed within six months of their allotment.
Investment Objectives: The investment objective of this mutual fund is to yield out a considerable return by investing in the short-to-medium term money market.
Suitable for: It is suitable for those who seek short-term return after short-term investment.
Pramerica Life Medium Term Fund
It is a medium-risk open-ended medium-term debt scheme which allows an investor to redeem the units just after the one month of allotment without any exit load.
Investments objective: To yield out capital growth by investing money market and debt securities.
Suitable for: All those who want medium-term return after medium-term investment.
Pramerica Life Dynamic Bond Fund
With CRISIL Composite Bond Fund Index benchmark, this mutual fund is basically an open-ended dynamic debt scheme.
Investment objectives: It focuses on constant capital growth by investing in various money markets and debt securities.
Suitable for: It is an ideal investments scheme for the investors who seek short-term income from various portfolios.
Pramerica Life Premier Bond Fund
With no exit load on the investors, Pramerica Life Premier Bond Fund is an open-ended debt scheme. It basically invests in the AA+ and above companies bond.
Investment objectives: It operates with an investment objective to achieve high capital growth along with a constant income for the investors.
Suitable for: It is mended to provide fast medium-term income to the investor who is interested to invest in high-end company bonds.
Pramerica Life Credit Risk Fund
It is an open-ended debt scheme that targets AA and above bonds.
Investment objective: To provide high-risk company bond options to the investor.
Suitable for: A great option for investors who seek medium and long-term income.
Pramerica Life Banking and PSU Debt Fund
This open-ended debt scheme offer investment options like Municipal Bonds, banks, Public Sector Undertakings and Public Financial Institution.
Investment objectives: To invest in debt securities to yield out constant capital growth and regular income.
Suitable for: Investors who want a low-risk investment option.
Pramerica Life Gilt Fund
This mutual fund scheme has a moderate risk factor and gives a reasonable return.
Investment objectives: To provide considerable income by investing in securities launched by State/Central Government.
Suitable for: All those investors who want medium returns by investing in safe debt securities.
Pramerica Life Strategic Debt Fund
This open-ended medium-term debt scheme has a moderate risk factor.
Investment objectives: To provide capital growth and income by investing in the money market.
Suitable for: Investors who seek capital appreciation and income at the same time.
Pramerica Life Hybrid Debt Fund
it is an open-ended hybrid scheme with the high-risk factor.
Investment objectives: To provide stable capital growth and return.
Suitable for: All those who want medium-term income by combining the benefits of equity and debt instruments.
Pramerica Life Equity Savings Fund
It offers an assortment of investment options.
Investment objectives: To yield out considerable income and ROI by clubbing high –performance units.
Suitable for: All those who seek medium-term income out of equity and debt instruments.
Pramerica Life Hybrid Equity Fund
It is an open-ended hybrid scheme.
Investment objectives: To give capital growth by combining equity product with some fixed-return products.
Suitable for: All those who seek a stable return out of the investment.
Pramerica Life Euro Equity Fund
It is a high-risk open-ended fund of fund scheme.
Investment Objective: To produce rapid capital growth by investing in international mutual funds.
Suitable for: Investors who seek long-term capital appreciation.
Pramerica Life Global Agribusiness Offshore Fund
This funds investment in international agriculture business.
Investment objective: To give high ROI by investing in international mutual funds associated with agriculture and its allied businesses.
Suitable for: Investors who are associated with agriculture business.
