Principal Mutual Fund has launched Principal Pnb Fixed Maturity Plan-367 Days- Series III, a close-ended income scheme.
The investment objective of the scheme is to build an income oriented portfolio and generate returns through investment in debt/money market instruments and government securities.
The new issue opens on 24th January and closes on 7th February. The minimum investment amount is Rs5,000.
CRISIL Short Term Bond Fund Index is the benchmark index. The scheme will be managed by Shobit Gupta.
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