Principal Mutual Fund has announced change in exit load structure under Principal Index Fund – Nifty and Principal Index Fund-Midcap, with effect from 09 October 2014.
Accordingly, the exit load will be:
Principal Index Fund – Nifty: If redeemed on or before 90 days from the date of allotment, the exit load will be 1.00% and the exit load will be 1%.
Principal Index Fund – Midcap: If redeemed after 90 days from the date of allotment, the exit load will be Nil.