With effect from 11 January 2010
Principal Mutual Fund has announced that Mr. Pankaj Tibrewel, Fund
Manager has resigned from the service and ceased to be a Key Personnel
of Principal Pnb Asset Management Company Private Limited.
Consequent to the same the schemes that were managed by Mr. Tibrewal
have been reassigned to Mr. Shyam Bhat and Mr. Rajat Jain with effect
from 11 January 2010.
Accordingly Mr. Shyam Bhat is the Fund Manager for Principal
Monthly Income Plan, Principal Monthly Income Plan – MIP Plus,
Principal Pnb Long Term Equity Fund – 3 Year Plan – Series I, Principal
Pnb Long Term Equity Fund – 3 Year Plan – Series II.
Mr. Rajat Jain is the Fund Manager for Principal Balanced Fund,
Principal Child Benefit Fund, Principal Personal Tax Saver Fund,
Principal Emerging Bluechip Fund.