Tap the Better Fundamentals of Market by Investing in Principal Mutual Fund

Willing to invest in Principal Mutual Fund? Well, of course. But you need to check out the details of this fund house before making any investment. The details help you to discover the power of your investments while investing in Principal Mutual Fund.

This fund house is one of the leading asset management company in India. Principal Pnb Asset Management Company is the investment manager to Principal Mutual Fund.

This fund house aspires to provide a couple of innovative investment solutions for both retail and institutional investors which function as per the strategic principles of stringent risk mechanism, process-orientation and superior research which helps to make investment decisions.

The fund house managed assets for over 4 lakh customers under its authority via 102 investor centres medium with over 20,000 empanelled distributors across India. This fund house take pride itself  of having a strong support from the disciplined investment team which undertakes a persistent level of risk with an aim of creating, safeguarding and growing the wealth of investors.

This mutual fund company has a strong financial backup with a  global expertise and experience of over 135 years in asset accumulation and asset management of the parent company-The Principal Financial Group-which is one of the pioneer investment managers with 572.7 billion in assets under management and offices in 18 countries throughout Asia, Australia, Europe, Latin America and North America.

Punjab National Bank is the co-settlor of the Principal Mutual Fund which is one of the biggest nationalized banks in India enabling the strong brand equity and distribution network across India. Moreover, this fund house  administers a strong network of 6809 branch offices throughout India.

Principal Mutual Fund Schemes

Let's take a look at varied Mutual Fund schemes offered by Principal Mutual Fund:

1. Equity Funds:  

Do you wish to take the risk but want constructive returns? Consider investing in  equity funds which invest directly in stock markets. It also provide you capital growth in the long-run and also offer you tremendous growth only if you remain invested for a longer-duration.

Here's a list of equity mutual funds offered by Principal Mutual Fund:

• Principal Dividend Yield Fund
• Principal Emerging Bluechip Fund
• Principal Smart Equity Fund
• Principal Arbitrage Fund
• Principal Large Cap Fund
• Principal Growth Fund
• Principal Index Fund – Nifty
• Principal Equity Savings Fund

2. ELSS Funds

Invest in Tax Saving Mutual Funds as one of your investment options. These funds are entitled for income tax deductions under Section-80C of the Income Tax Act, 1961 with a 3-year lock-in period. Equity  Linked Savings Scheme(ELSS) offer tax advantages which offer long-term growth potential.  Principal Mutual Fund offers only two ELSS funds as follows:

• Principal Personal Tax Saver Fund
• Principal Tax Savings Fund

3. Balanced Funds

Balanced Funds provides you a mixed combination of both equity and debt securities in the proportion disclosed in the Scheme Information Document. These funds are apt for those investors who are constantly looking for continuous and moderate growth. Principal Balanced Fund is the only fund which is provided by Principal Mutual Fund.

4. Debt Funds

Debt funds of Principal Mutual Fund permit you to invest in fixed income securities like Bonds, Money Market Instruments,  Government Securities(Gilts), Corporate Debentures etc. The main objective is to invest in a combination of Debt and money market securities of different maturities(as per the Investment Objective). It further aims to augment the regular income while sustaining a suitable balance between yield, safety, and liquidity. The following debt funds are offered by Principal Mutual Fund:

• Principal Dynamic Bond Fund
• Principal Short Term Income Fund
• Principal Debt Savings Fund
• Principal Money Manager Fund
• Principal Low Duration Fund
• Principal Credit Opportunities Fund
• Principal Government Securities Fund

5. Liquid Funds

Liquid Funds of Principal Mutual Fund predominately invest in short-term securities like commercial paper, certificates of deposit, treasury bills, government securities etc. These securities are also secured and comprises of short maturity period which is appropriate for those investors who wish to have medium returns on their excessive funds. Principal Cash Management Fund is the only liquid fund which is offered by Principal Mutual Fund.

6. Fund of Funds

Invest in Fund of Funds scheme offered by Principal Mutual Fund which looks to offer investor an opportunity to spread the risk by spreading out their investments across asset classes. The underlying instruments for a FoF are the units of other mutual fund scheme either from the same fund or other funds of the different asset management company. Principal Mutual Fund provide only two schemes in this category:

• Principal Global Opportunities Fund
• Principal Asset Allocation Fund of Funds

Disclaimer : Mutual Fund Investments are subject to market risks, read all scheme related documents carefully before investing.