Principle Pnb MF Declares Dividend Under FMP Series

The Principle Pnb mutual fund has announced the declaration of dividend under dividend option of Principle Pnb Fixed Maturity Plan-91 Days-Series XII. The record date for dividend will be 18 February 2008. The AMC plans to distribute entire appreciation in the NAV of dividend option between 20 November 2007 to 18 February 2008 as dividend. The NAV of the scheme was recorded at Rs 10.1969 as on 12 February 2008.

Principle Pnb Fixed Maturity Plan-91 Days-Series XII is close-ended debt scheme with an investment objective of building an income-oriented portfolio and providing returns along with regular liquidity to investors.