Principal Pnb mutual fund has announced the revision in the load structure of Principal Child Benefit Fund – Career Builder Plan, with effect from 19 January 2009.
According to the revised load structure the fund will charge an entry load of 2.25% for the investment amount less than or equal to Rs 1 crore and nil for the investment amount greater than Rs 1 crore.
Revised exit load structure is 1% if redeemed on or before 1 year from the date of allotment.