Principal Mutual Fund launches Principal Asset Allocation Fund of Funds

NFO period: 23^rd November – 07^th December 2015

Highlights of the NFO:

• Scheme type – An open-ended Fund of Funds Scheme


• Investment objective –
  
  
  • Conservative Plan – The objective of the Plan is to provide long term total return primarily by seeking income through investments made in debt/money market mutual funds with some exposure to equity mutual funds.
  
  
  • Moderate Plan – The objective of the Plan is to provide long term total return by seeking capital appreciation and income through investments made in a basket of equity mutual funds, debt/money market mutual funds and Gold ETFs.
  
  
  • Aggressive Plan – The objective of the Plan is to provide long term total return by seeking capital appreciation through investments made primarily in equity mutual funds with some allocation to debt/money market mutual funds and Gold ETFs.
  
  
• Product suitability – The product is suitable for investors who are seeking
  
  
  • Conservative Plan – Income and Capital growth over a long term investment horizon by investing primarily in debt/money market mutual funds with some exposure to equity mutual funds.
  
  
  • Moderate Plan – Capital growth and Income over a long term investment horizon by investing in a basket of equity mutual funds, debt/money market mutual funds and Gold ETFs.
  
  
  • Aggressive Plan – Capital growth over a long term investment horizon by investing primarily in equity mutual funds with some allocation to debt/money market mutual funds and Gold ETFs.
  
  
• Minimum Application Amount – First investment Rs. 5,000/- and any amount thereafter under each Plan/Sub-Plan.
  
  
  • Systematic Investment Plan – Minimum Six installments of Rs.2000/- each.
  
  
  • Systematic Transfer Plan – Minimum Six installments of Rs.1000/- each.
  
  
  • Systematic Withdrawal Plan – Minimum Six installments of Rs.500/- each.
  
  
• Sub-Plans/ Options available – Regular Sub-Plan and Direct Sub-Plan having Growth Option.


• Fund Managers – Mr. Rajat Jain


• Benchmark –
  
  
  • Conservative Plan – Consisting of 85% CRISIL Short Term Bond Fund Index and 15% CNX Nifty Index
  
  
  • Moderate Plan – Consisting of 60% CRISIL Short Term Bond Fund Index and 40% CNX Nifty Index
  
  
  • Aggressive Plan – Consisting of 20% CRISIL Short Term Bond Fund Index and 80% CNX Nifty Index