To provide capital appreciation and income distribution to the unit holders by investing predominantly in equity/equity related securities of the companies belonging to the services industries and the balance in debt securities and money market instruments including call money.
Principal Services Industries Fund has been merged with Principal Growth Fund w.e.f. August 10, 2012. (Principal Infrastructure & Services Industries Fund has been modified and the Name of the scheme has been changed to Principal Services Industries Fund, w.e.f. August 26, 2008.)
Exit Load 1% if units are redeemed / switched-out within 1 year from the date of allotment.