Sensex 29571.04 292.2 1%
Nifty 8910.5 74.9 0.85%
Principal Mutual Fund (formerly known as IDBI-PRINCIPAL Mutual Fund) has been constituted as a Trust in accordance with the provisions of the Indian Trusts Act, 1882 (2 of 1882). The Mutual Fund is registered with SEBI under Registration No. MF/019/94/0, dated December 13, 1994. The underlying objective of Principal Mutual Fund is to mobilise savings from the public, provide investment expertise to achieve optimal returns on their investments.
The Fund was initially set up by Industrial Development Bank of India (IDBI) in 1994 by execution of a Trust Deed dated November 25, 1994, under which IDBI was the sole Settlor, Subsequently, on March 31, 2000, Principal Financial Services Inc. USA became the deemed sponsor (along with the IDBI) by acquiring 50% stake in IDBI-PRINCIPAL Asset Management Company Limited. In June 2003, Principal Financial Services Inc. USA became the sole sponsor by acquiring 100% stake in IDBI-PRINCIPAL Asset Management Company Limited, through its wholly owned subsidiary Principal Financial Group (Mauritius) Limited (Principal Mauritius). Principal Mauritius has become the sole settlor of the Fund. Name of the Asset Management Company was changed to Principal Asset Management Company Private Limited, to reflect the change in ownership.
In May 2004, Principal admitted two Public Sector Banks - Punjab National Bank and Vijaya Bank into the venture.
Accordingly, Principal Mauritius, Punjab National Bank and Vijaya Bank have 65%, 30% and 5% respectively of all the rights, title, interest and obligations as co-settlors to Principal Mutual Fund.
Sponsor: Principal Financial Services Inc.,USA[through its subsidiary Principal Financial Group(Mauritius)Ltd
Trustee: Principal Trustee Company Pvt. Ltd.
Investment Manager: Principal Pnb Asset Management Company Private Limited. Statutory Details: Principal Mutual Fund, a trust set up under the provisions of the Indian Trust Act, 1882 and registered with SEBI bearing Registration No. MF/019/94/0 dated December 13, 1994.
|Principal Balanced Fund - (Div-H)|
|Principal Balanced Fund - (G)|
|Principal Balanced Fund - Direct (Div-H)|
|Principal Balanced Fund - Direct (G)|
|Principal Bank CD Fund - Direct (Div-M)|
|Principal Bank CD Fund - Direct (G)|
|Principal Bank CD Fund (Div-M)|
|Principal Bank CD Fund (G)|
|Principal Cash Management Fund - Direct (Div-D)|
|Principal Cash Management Fund - Direct (Div-M)|
|Principal Cash Management Fund - Direct (Div-W)|
|Principal Cash Management Fund - Direct (G)|
|Principal Cash Management Fund (Div-D)|
|Principal Cash Management Fund (Div-M)|
|Principal Cash Management Fund (Div-W)|
|Principal Cash Management Fund (G)|
|Principal Debt Opp Fund Conserv Plan-Dir (Div-D)|
|Principal Debt Opp Fund Conserv Plan-Dir (Div-M)|
|Principal Debt Opp Fund Conserv Plan-Dir (Div-W)|
|Principal Debt Opp Fund Conserv Plan-Dir (G)|
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|Principal Personal Tax saver Fund - Direct (G)||163.23||8.36||12.59||17.16||52.34||0|
|Principal Personal Tax saver Fund - (G)||161.37||8.3||12.42||16.84||51.52||25.42|
|Principal Large Cap Fund - Direct (G)||49.49||8.21||12.43||16.98||52.06||0|
|Principal Large Cap Fund (G)||48.89||8.15||12.26||16.63||51.22||25.09|
|Principal Growth Fund - Direct (G)||99.55||7.33||11.08||16.86||58.04||0|
Exchange Plaza, 'B' Wing, 2nd Floor,
NSE Building, Bandra Kurla -
Complex, Bandra (East),Mumbai 400051.
Apeejay House, 5th Floor,
3 Dinshaw Vachha Rd,
Churchgate, Mumbai - 400 020.
|Phone : 022 - 6772 0555||Phone : 022 5659 0333 / 2202 1111.|
|Email : email@example.com||Email : firstname.lastname@example.org|
|Website : www.principalindia.com||Website : www.principalindia.com|
capital market/15:41, Dec 02, 2014
It seems that we are likely to get a rate cut around budget timeArvind Sethi, MD & CEO, TATA Asset Management
CIBIL REPORTS are being touted as the solution to all credit decisions. To my mind, such a mindset could be extremely damaging. In this article, I will try to explain why.
These schemes are floated by some non-banking finance companies (NBFCs) that state to fund a purchase at zero interest rate.
"Motion is the lotion for our joints. Movement and activity circulate joint fluid and promotes cartilage health and bone strength. Too much sitting with poor posture for more than four hours daily can indeed lead to degenerative joint process which affects knees, hips and spine, says Dr Rajeev K Sharma, Senior Consultant Orthopedic & Joint Replacement Surgeon at Indraprastha Apollo Hospital, New Delhi.
A one-of-its-kind three-day Exhibition at Mumbais Ravindra Natya Mandir will throw open a rare visual treat of priceless Satyajit Ray memorabilia that conveys much more the artistic versatility of the master. Sudhir Raikar reports.
Current account deficit occurs when a countrys total imports are greater than the countrys total exports
"As the earnings CAGR growth is expected to be 17-18% during FY14-17, the market may quote at above average valuations during the period of ...