Principal SMART Equity Fund (D) : NFO

by khalid on 06/12/2010 · 0 comments

Principal PNB Asset Management Company has launched a New Fund Offer (NFO) named as Principal SMART Equity Fund (D). This is an open ended equity scheme. The objective of the scheme is to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt /money market instruments for defensive purposes. The scheme will decide on allocation of funds into equity assets based on equity market Price earning Ratio (PE Ratio) levels.When the markets become expensive in terms of price to earnings\’ Ratio\’; the Scheme will reduce its allocation to equities and move assets into debt and/or money market instruments and vice versa.tual funds investment companies in India offers wide portfolio of the best mutual funds.

Entry load charge will not be applicable for the scheme. Exit load of 2% for exits upto 1 year, 1% for upto 2 years and nil for after 2 years.

Mr. Rajat Jain is the Fund Manager of the plan.

Fund NamePrincipal PNB Asset Management Company
Scheme Name Principal SMART Equity Fund (D)
Scheme CategoryOpen Ended (Dividend)
NFO Launch Date26th Nov 2010
NFO Closure Date10th Dec 2010
NFO Price Rs 10 per unit.
Min. Subscription AmountRs 5000 and in multiple of Rs 1 thereafter.

For Further Details Please Visit Website : http://www.principalindia.com/

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