Principal MF announces 23.2% div under Principal Balanced Fund - Dividend 26/12/2014

Principal MF announces 23.2% div under Principal Balanced Fund - Dividend
26/12/2014 09:57
Principal Mutual Fund has announced 23.2 per cent dividend under dividend payout option of scheme named as “Principal Balanced Fund - Dividend” on the face value of Rs 10 per unit.
The record date for the dividend is December 29. The latest NAV of the scheme is Rs 24.61.
The investment objective of the equity - diversified scheme is to provide long term appreciation and current income by investing in a portfolio of equity & equity related securities and fixed income securities.
The performance of the scheme is benchmarked against Crisil Balanced Fund Index. P.V.K Mohan is the fund manager of the scheme.