Finance in India Finance & Investment, India iloveindia.comFinance in IndiaFinance & InvestmentInvesting in IndiaBombay Stock Exchange


Latest in Gadgets & Gizmos at Lifestyle Lounge




Here is brief profile of Principal mutual fund
Home : Finance : Top Indian Mutual Funds : Principal Mutual Fund

Principal Mutual Fund

The Principal mutual fund, formerly known as IDBI Principal, is a collaboration between the Principal Financial Group of the US and nationalized banks Punjab National Bank and Vijaya Bank. The Principal Financial Group is a 125-year-old diversified global conglomerate of Financial Services Companies and is the largest provider of 401 (k) pension plans in the United States.

Principal PNB Asset Management Company Private Limited is the fund manager for the mutual fund. In all, 65 per cent stake in the AMC is held by the Principal group, 30 per cent by Punjab National Bank and 5 per cent by Vijaya Bank. The operations of the company are headed by managing director Rajan Ghotgalkar.

Since its inception, the Principal Mutual Fund has launched a series of innovative investment options. In 2000, it launched India's first Asset Allocation program, branded as the 'Future Goal Series.' The Principal mutual fund has over Rs.12,070 crore under management as of August 2006.

Here is a list of mutual funds of Principal which includes Equity Funds, Debt Funds, Speciality Funds and Balanced Funds.


Latest NAV
Scheme Name NAV (Net Asset Value) Date
Principal Short Term Plan-Dividend 10.3373 4-Jul-2008
Principal Short Term Plan-Growth 14.8123 4-Jul-2008
Principal Short Term Plan-Institutional – Dividend Plan 10.8367 4-Jul-2008
Principal Short Term Plan-Institutional – Growth Plan 13.798 4-Jul-2008
Principal Short Term Plan-Institutional – Weekly Dividend Plan 10.7976 4-Jul-2008
Principal Liquid Plus Fund -Reg plan -Div Option-daily 10.02 4-Jul-2008
Principal Liquid Plus Fund -Reg plan -Div Option-monthly 10.147 4-Jul-2008
Principal Liquid Plus Fund -Reg plan -Div Option-weekly 10.0223 4-Jul-2008
Principal Liquid Plus Fund -Reg plan -Growth Option 10.5824 4-Jul-2008
Principal Money Manager Fund-Institutional Plan-Daily Dividend Option 10.0247 4-Jul-2008
Principal Money Manager Fund-Institutional Plan-Growth Option 10.3783 4-Jul-2008
Principal Money Manager Fund-Institutional Plan-Monthly Dividend Option 10.3783 4-Jul-2008
Principal Money Manager Fund-Institutional Plan-Weekly Dividend Option 10.1161 4-Jul-2008
Principal Money Manager Fund-Regular Plan-Daily Dividend Option 10.0247 4-Jul-2008
Principal Money Manager Fund-Regular Plan-Growth Option 10.3783 4-Jul-2008
Principal Money Manager Fund-Regular Plan-Monthly Dividend Option 10.3783 4-Jul-2008
Principal Money Manager Fund-Regular Plan-Weekly Dividend Option 10.1138 4-Jul-2008
Principal Pnb Long Term Equity Fund - 3 Year Plan - Series I - Dividend Option 12.7800 9-May-2008
Principal Pnb Long Term Equity Fund - 3 Year Plan - Series I - Growth Option 12.7900 9-May-2008
Principal Pnb Long Term Equity Fund 3 Year Plan Series II - Dividend Option 10.2200 9-May-2008
Principal Pnb Long Term Equity Fund 3 Year Plan Series II - Growth Option 10.2100 9-May-2008















Finance

Copyright ©  iloveindia.com   All Rights Reserved.