Principal Mutual Fund has announced that with effect from January 01, 2015, the existing dividend option will be renamed to half yearly dividend option under regular plan and direct plan of Principal Balanced Fund, Principal Dividend Yield Fund, Principal Emerging Bluechip Fund, Principal Growth Fund, Principal Large Cap Fund and Principal Smart Equity Fund.
Further the AMC has also announced change in benchmark index of Principal Debt Opportunities Fund - Corporate Bond Plan, with “CRISIL Liquid Fund Index” with effect from January 01, 2015.
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