The Principal PNB mutual fund has announced the declaration of dividend under dividend option of Principal Tax Savings Fund. The record date for dividend will be 31 March 2008.
The quantum of dividend is 80% i.e. Rs. 8 per unit on the face value of Rs. 10. The NAV of the scheme was recorded at Rs 87.19 as on 25 March 2008.
Principal Tax Savings Fund is an open-ended equity linked savings scheme, whose investment objective is to build a high quality growth oriented portfolio to provide long term capital gains to the investors.
The quantum of dividend is 80% i.e. Rs. 8 per unit on the face value of Rs. 10. The NAV of the scheme was recorded at Rs 87.19 as on 25 March 2008.
Principal Tax Savings Fund is an open-ended equity linked savings scheme, whose investment objective is to build a high quality growth oriented portfolio to provide long term capital gains to the investors.
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