Principal Pnb Mutual Fund set to launch Files offer document with Sebi to launch Principal Pnb FMP 385 Days - Series XII. A close-ended debt scheme offering fixed maturity plan. The investment objective of the scheme is to build an income-oriented portfolio and provide returns along with regular liquidity to investors. The scheme will have two-investment plans viz. regular plan and institutional plan with growth and dividend options under each plan. The regular plan and institutional plan will share a common portfolio. The fund will invest up to 0-100% in debt securities including securitized debt and medium money market instruments and government securities. Investment in securitised debt would be up to a maximum of 100% of the net assets of the scheme.
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