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Jul 13, 2012, 04.44 PM IST

Principal Mutual Fund mergers two open ended funds

Principal Mutual Fund approves the merger of Principal Services Industries Fund with Principal Growth Fund effective August 10, 2012.

Source: Moneycontrol.com
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Principal Mutual Fund has approved the merger of Principal Services Industries Fund with Principal Growth Fund. Upon merger, Principal Growth Fund will be the surviving scheme while Principal Services Industries Fund will cease to exist. The merger will be effective from August 10, 2012.


The investors are given an exit option from July 12, 2012 - August 10, 202 without the levy of exit load.


Tags: Principal Services Industries Fund , Principal Growth Fund
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