Principal MF declares dividend under “Principal Debt Savings Fund - MIP
(Quarterly Dividend)”
23/06/2014 13:10
Principal Mutual Fund has announced 4.9230 per cent dividend under dividend payout option of scheme named as “Principal Debt Savings Fund - MIP (Quarterly Dividend)” on the face value of Rs 10 per unit. The record date for the dividend is June 24. The latest NAV of the scheme was Rs 12.64. The investment objective of the Debt-MIP fund scheme is to generate regular income through investments in fixed income securities so as to make periodical income distribution to the Unit holders and also to generate long-term capital appreciation by investing a portion of the schemes assets in equity and equity related instruments. The performance of the scheme is benchmarked against Crisil MIP Blended Index. Pankaj Jain is the fund manager of the scheme.
23/06/2014 13:10
Principal Mutual Fund has announced 4.9230 per cent dividend under dividend payout option of scheme named as “Principal Debt Savings Fund - MIP (Quarterly Dividend)” on the face value of Rs 10 per unit. The record date for the dividend is June 24. The latest NAV of the scheme was Rs 12.64. The investment objective of the Debt-MIP fund scheme is to generate regular income through investments in fixed income securities so as to make periodical income distribution to the Unit holders and also to generate long-term capital appreciation by investing a portion of the schemes assets in equity and equity related instruments. The performance of the scheme is benchmarked against Crisil MIP Blended Index. Pankaj Jain is the fund manager of the scheme.
