Principal Asset Management Private Limited
The underlying objective of Principal Mutual Fund is to mobilise savings from the public, provide investment expertise to achieve optimal returns on their investments. The Fund was initially set up by Industrial Development Bank of India (IDBI) in 1994 by execution of a Trust Deed dated November 25, 1994, under which IDBI was the sole Settlor, Subsequently, on March 31, 2000, Principal Financial Services Inc. USA became the deemed sponsor (along with the IDBI) by acquiring 50% stake in IDBI-PRINCIPAL Asset Management Company Limited.
CEO / MD
Mr. Lalit Vij
Exchange Plaza, 2nd Floor, National Stock Exchange Building,Bandra Kurla Complex, Bandra East
Mumbai - 400051
Registrar & Transfer Agent
Karvy Fintech Pvt Ltd.
"KARVY HOUSE",46, Avenue 4, Street No.1, Banjara Hills,
Hyderabad - 500 034
S. R. BATLIBOI & Co
Express Tower, 6th Floor,Nariman Point,Mumbai
Mumbai - 400021
Total Net Assets of Principal Mutual Fund as of March 2018 - 7,079cr
Principal Mutual Fund - Estimated fund Flows for March 2018
Frequently Asked Questions on Principal Mutual Fund
What is Principal Emerging Bluechip Fund?
Principal Emerging Bluechip Fund is an Equity Fund focused on large and mid cap companies. It is highly liquid and lends investors opportunities to be flexible and invest according to their senses. You can strongly consider the Principal Emerging Bluechip Fund Direct Growth Plan for your portfolio.
How can I Invest in Principal Mutual Fund?
You can invest in Principal Mutual Fund schemes via Mobikwik. First, log into your Mobikwik account. If you do not have an account, you can register and create a new one instantly. A few KYC steps later, you’re all set to pick the Principal Mutual Fund scheme of your choice.
Is Principal Mutual Fund safe?
Principal Mutual Fund has various schemes and investment plans to help investors diversify and avoid relatively risky ownership of individual stocks or bonds. With its consistent returns over the years, it has proven itself to be a safe and reliable investment option.