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Monday, August 24, 2009

Principal MF Revises Exit Load Structure For Various Schemes

With effect from 24 August 2009

Principal Mutual Fund has announced changed in exit load structure for the following schemes, with effect from 24 August 2009

Principal Income Fund & Principal Income Fund – Short Term Plan (Regular & Institutional Plan):

The revised exit load charge will be Nil.

Principal Monthly Income Plan & Principal Monthly Income Plan-MIP Plus:

The revised exit load charge for the scheme will be 1%, if redeemed on or before 1 year from the date of allotment.

Principal Large Cap Fund, Principal Resurgent India Equity Fund, Principal Services Industries Fund, Principal Dividend Yield Fund, Principal Growth Fund, principal Emerging Bluechip Fund, Principal Child Benefit Fund, Principal Balanced Fund, Principal Global Opportunities Fund:

The revised exit load charge for the scheme will be 1%, if redeemed on or before 1 year from the date of allotment.

Principal Index Fund:

The revised exit load charge for the scheme will be 1%, if redeemed on or before 30 days from the date of allotment.

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