Principal Mutual Fund has appointed Mr. Bekxy Kuriakose, Head-Fixed Income as the Co-Fund Manager of Principal Balanced Fund with effect from March 21, 2016.
Accordingly, the Fund will be managed by Mr. P.V.K. Mohan (existing fund manager) and Mr. Bekxy Kuriakose from the effective date.
The Fund House has also announced dividend under the following schemes:
| Scheme | Dividend (₹/unit) |
| Principal GSF-DQ | 0.06355932 |
| Principal GSF Direct-DQ | 0.07403216 |
| Principal Dynamic Bond-DQ | 0.09533898 |
| Principal Dynamic Bond Direct-DQ | 0.11187885 |
| Principal Debt Savings Retail-DQ | 0.11563463 |
The record date has been fixed as March 23, 2016.