Effective September 27, 2010 Subsequent to the resignation of Mr. Shyam Bhat as Fund Manager, Principal Pnb Mutual Fund has announced the following changes in fund managers:
Mr. Rajat Jain will now manage Principal Services Industries and Index Funds.
Mr. Rajat Jain and Mr. Shobit Gupta will now manage Principal MIP Funds.
Mr. P.V.K. Mohan will now manage Principal Resurgent India Equity, Tax Savings, Growth and Principal Dividend Yield Funds.
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