the problemA comparison of average assets under management (AUM) of DHFL Pramerica Asset Managers Pvt. As investors booked out, exposure of three schemes of DHFL Pramerica Asset Managers—DHFL Pramerica Ultra Short Term Fund, DHFL Pramerica Floating Rate Fund and DHFL Pramerica Medium Term Fund—to the securities of DHFL Group jumped from 7.5-8.5% in June 2018 to 29-37% in March 2019 (see graph). At the end of March 2019, the exposure to the sponsor DHFL Group was 29.5% in DHFL Ultra Short Term Fund, 36.74% in DHFL Pramerica Medium Term Fund and 29.24% in DHFL Pramerica Floating Rate Fund. Between March 2018 and March 2019, DHFL Pramerica Ultra Short Term Fund and DHFL Pamerica Medium Term Fund saw a 91% drop in AUM and DHFL Floating Rate Fund saw a 94% fall. For passive breach, DHFL Pramerica will be given time to remedy the situation.

Source: Mint April 21, 2019 07:18 UTC