Fund News

Principal Income Fund: Change in Exit Load and Minimum Application Amount

1. Change in exit load under Principal Income Fund - Regular Plan
Existing: 1% if units are redeemed before 3 months from the date of allotment.
Revised: 1% if units are redeemed before 1 year from the date of allotment.

2. Change in minimum application amount under Principal Income Fund - Institutional Plan
Existing: Rs. 1 lakh.
Revised: Rs 10 lakhs.

The aforesaid change is applicable with effect from December 11, 2008.



Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month