Principal PNB MF has rolled out a new fund called Principal Pnb Long Term Equity Fund - 3-Year Plan - Series II, which is a 3-year close-ended plan. The primary objective of the Scheme is to achieve long-term capital appreciation by investing in equity and equity related instruments
Asset Allocation: The fund will invest up to 0%-65% in equity and equity related instruments of Mid Cap Companies and 0%-35% in equity and equity related instruments of companies other than Mid Cap Companies. However investment in fixed income securities, which includes money market instruments, MIBOR Linked Short Term Papers will up to 35% of the corpus of the scheme.
Fund Opens: 3 August 2007
Fund Closes: 31 August 2007
Face Value: Rs 10
Minimum Investment Amount: Rs 5,000.
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