Principal Mutual Fund has announced a dividend of 15% (i.e. Rs 1.50 per unit on the face value of Rs. 10) under the dividend option of Principal Large Cap Fund. The record date for the same has been fixed as May 15, 2007.
There shall be one day book closure in both dividend and growth option of the fund on 16th May, 2007.This is the maiden dividend being declared by the fund.