Sep 14, 2008

Principal Pnb MF garners Rs. 332 crore through its 91 days FMP

02 Sep 2008 | 16:22




Principal Pnb MF garners Rs. 332 crore through its 91 days FMP


Principal Pnb Mutual Fund has collected Rs 332 crore via Principal Pnb
Fixed Maturity Plan - 91 days ? Series XVII during its new fund offer
period of 25 August ? 26 August 2008.

Principal
Pnb Fixed Maturity Plan - 91 days ? Series XVII is a close-ended debt
scheme with an objective to seek to build an income oriented portfolio
and provide returns along with regular liquidity to investors.

The
scheme will invest in a diversified portfolio of debt, money market
securities and government securities from time to time. The scheme will
have two-investment plans viz. regular plan and institutional plan with
growth and dividend options under each plan. Further, the dividend
option under both plans will have the facility of payout and sweep.



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