Principal Pnb MF is planning to launch Fixed Maturity Plan- 91days - Series XVII. It is a close-ended debt scheme. The investment objective of the scheme is to build an income-oriented portfolio and provide returns. Investment options: The scheme will have two-investment plans viz. regular plan and institutional plan with growth and dividend options under each plan. The dividend option under both plans will have the facility of payout and sweep. The minimum application amount will be Rs. 1000 under regular plan and Rs. 50 lakhs under institutional plan for dividend option and growth options under both the plans and any amount thereafter under each plan.
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