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Saturday, December 20, 2008

Principal Pnb MF declares dividend for various schemes

Record date for dividend is 24 December 2008

The Principal Pnb Mutual Fund has announced dividend under dividend option of Principal Monthly Income Plan, Principal Monthly Income Plan-MIP Plus, Principal Government Securities Fund, Principal Income Fund, and Principal Index Fund. The record date for dividend will be 24 December 2008.

Principal Monthly Income Plan and Principal Monthly Income Plan-MIP Plus

Both the above-mentioned funds will distribute Rs 0.1200 per unit as dividend under quarterly dividend option. The NAV of Principal Monthly Income Plan was at Rs 11.0355 pr unit and that of Principal Monthly Income Plan-MIP Plus was at Rs 11.1368 as on 18 December 2008.

Principal Government Securities Fund

The fund will offer dividend under quarterly dividend option in investment and saving plan. The rate of dividend will be Rs 0.2000 per unit under investment plan and Rs 0.1000 per unit under savings plan. The NAV of Principal Government Securities Fund- Investment plan was at Rs 13.0644 and Principal Government Securities Fund- Savings plan at Rs 10.7247 as on 18 December 2008.

Principal Income Fund

The rate of dividend under quarterly dividend option will be Rs 0.1500 per unit under regular plan and Rs 0.2000 per unit under institutional plan. The NAV of the scheme was at Rs 11.6431 and Rs 12.6162 under regular and institutional plan respectively as on 18 December 2008.

Principal Index Fund

Principal Index Fund will offer Rs 3.7500 per unit as dividend on face value of Rs 10 per unit. The NAV of the scheme was recorded at Rs 16.5289 per unit as on 18 December 2008.

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