Principal India MF launches Liquid Plus Fund

Name of Fund: Principal Money Manager Fund

Scheme: Open ended liquid scheme

Objective: The investment objective of the scheme is to generate steady returns by investing in debt and money market securities.

Asset Allocation: The fund would invest up to 100 % Debt Instruments & Money MarketInstruments (Including MIBOR linked instruments with daily put and call option. The investment in securitised debt will be up to 50% of the net asset of the scheme.

Fund Opens: 20 December 2007

Fund Closes: 27 December 2007

Face Value: Rs 10

Investment Options: Principal Money Manager fund offers two plans – regular plan, institutional plan. Each of the plans will offer two sub-options namely growth and dividend. Each of the dividend options will have a frequency of declaration of dividend on a daily, weekly and monthly basis. Further, the aforesaid dividend options will have the facility of re-investment, payout and sweep.

Load: The scheme does not charge any entry load as well as exit load.

Minimum Investment Amount: Under regular plan the minimum investment is Rs 10,000 and in multiple of Rs 1,000 thereafter. Under institutional plan the minimum investment is Rs 1 crore and in multiple of Rs 1 lakh thereafter.

Minimum Target Amount: Rs.10 crore.

Benchmark Index: Crisil Liquid Fund Index