Principal Mutual Fund has announced a dividend of 60 per cent (i.e. Rs.6/- per unit on the face value of Rs 10) under the Principal Resurgent India Equity Fund. The record date for the same has been fixed as February 26, 2007.
This is the sixth dividend payout from the fund since its launch. Last Year, the fund paid two dividends of 65 per cent and 50 per cent in March and August 2006, respectively.