Principal PNB Asset Management Company has announced revision in the load structure of Principal Balanced Fund. Effective March 17, 2005 the fund would charge entry load of 2.25 per cent for applications below Rs 3 crore. The fund would not charge any load on the investment above Rs 3 crore.
Currently, the fund has a uniform entry load of 2.25 per cent irrespective of the amount of investment.
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