Effective July 9, 2007 Principal Mutual Fund has modified the load structure for Principal Balanced Fund and Principal Child benefit Fund-Career Builder Plan. The above mentioned funds would start charging an exit load of 0.5% on investment up to Rs 3 Crores if redeemed within 180 days.
The entry load remains unchanged. The funds would continue to charge an entry load of 2.25% for investments up to Rs 3 crores.