Gopalakrishnan had his previous work experience with Principal where he was responsible for managing individual investment portfolios
Under the scheme, the fund house will offer Smart Trigger Enabled Plan (STEP) & Auto Trigger facilities
Processing of registrations under systematic investment plans and other 'pre-registered' investments in the will remain suspended to 'protect the interest of the unit-holders'
The performance of Principal Tax Savings Fund will be benchmarked against Nifty 500 Index.
The scheme will be benchmarked against Nifty Large Midcap 250 Index
The revision comes in the wake of guidelines released by the Securities and Exchange Board of India (SEBI) on October 6.
The revision will be applicable on switch-out or withdrawal of systematic withdrawal plan
The changes of fund managers will be with effect from Jan 1
The returns you actually earn from the debt scheme may or may not be similar to the Portfolio YTM
Mutual funds are a way for savers to put their money to work in asset classes of their choice
One step which could be impactful once it gets going would be the bankruptcy code
Reserve Bank of India‘s cap on mutual fund investments in liquid schemes is likely to keep banks away from investing significant surplus cash in cash plans, says Bekxy Kuriakose, Head-Fixed Income, Principal PNB Mutual Fund.
The current demonetisation move to freeze Rs 500 and Rs 1,000 banknotes is expected to have a beneficial impact on the formal sector in the long term, said Rajat Jain, Chief Investment Officer, Principal Mutual Fund.
Principal Debt Opportunities Fund announces change in exit load structure, with effect from September 01, 2015.
Principal Mutual Fund announces change in fund management, with effect from August 21, 2015.
Principal MF announces dividend under Principal Emerging Bluechip Fund and Principal Smart Equity Fund, the record date for dividend is June 24, 2015.
Principal Debt Opportunities Fund announces change in exit load structure, with effect from June 05, 2015.
Union budget is expected to strike balance between fiscal consolidation and reviving growth. Specific initiatives targeted at roads, highways, railways and housing can be expected. Budget is expected to better target subsidies through DBT.
Principal Debt Opportunities Fund announces change in exit load structure, with effect from January 30, 2015.
Principal MF announces renaming of dividend Option under its schemes, with effect from January 01, 2015.
Principal Mutual Fund announces dividend under Principal Balanced Fund, Principal Dividend Yield Fund, Principal Emerging Bluechip Fund, Principal Growth Fund, Principal Large Cap Fund and Principal Smart Equity Fund, the date for dividend is December 29, 2014.
Principal Mutual Fund announces change in exit load structure under Principal Index Fund - Nifty and Principal Index Fund - Midcap, with effect from October 09, 2014.
Principal Mutual Fund announces merger of Principal Retail Equity Savings Fund into Principal Growth Fund w.e.f. February 28, 2014.
Principal Mutual Fund announces changes with effect from February 01, 2014
Principal Mutual Fund announces change in nomenclature of Principal Index Fund, with effect from February 01, 2014.