Fund News

Principal Mutual Announces Load Revision

Last updated: 08-Jul-2024•Value Research

Effective January 7, 2005, Principal Mutual Fund has announced the revision of entry load in the following schemes: Principal Growth, Principal Global Opportunities and Principal Resurgent India Equity. The entry load remains unchanged, however the investment amount limits have undergone a change.

Principal Growth Fund charges a 2.25 per cent entry load for investments above Rs 1 lakh and upto Rs 5 crore, but now the fund proposes to charge the same entry load for investments above Rs 1 lakh but upto Rs 3 crore. Principal Global Opportunities and Principal Resurgent India Equity would now charge an entry load of 2.25 per cent, for all investments upto Rs 2 crore.

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