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SENSEX 28,946.23 17.10 USD 66.60 0.11
NIFTY 8,934.55 7.55 EUR 70.70 0.12
BSE-100 9,208.05 0.46 GBP 80.91 0.30

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Principal Mutual Fund 

Principal Mutual Fund Principal Mutual Fund (formerly known as IDBI-Principal Mutual Fund) is a joint venture of Principal Mauritius, Punjab National Bank and Vijaya Bank. The Mutual Fund was initially set up by Industrial Development Bank of India (IDBI) in 1994. Subsequently, on March 31, 2000, Principal Financial Services Inc. USA acquired 50% stake and in June 2003 it acquired 100% stake and became sole sponsor through its wholly owned subsidiary Principal Financial Group (Mauritius) Limited. In May 2004, Principal Financial Group collaborated with two public sector banks- Punjab National Bank (PNB) and Vijaya Bank to form a joint venture The stake of Principal Mauritius, Punjab National Bank and Vijaya Bank in the fund is 65%, 30% and 5% respectively.

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  • DILIP CHAUHAN:
    VERY POOR PERFORMANCE BY THE PRINCIPAL EMERGING BLUE CHIP M FUND
    19-Jul-2012 12:52 PM