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Introduction of Dividend option under Principal Conservative Growth Fund


Principal Mutual Fund has announced the introduction of dividend option under Principal Conservative Growth Fund, with effect from February 21, 2011. Accordingly, all existing investors shall be referred to as investors under the Growth Option of the scheme. Units under the dividend option can be subscribed at the rate of Rs 10 per unit.

The scheme will now have two options - growth and the dividend option. Dividend option shall offer payout, reinvestment and sweep facility.