MF News Principal merges Long Term Equity Fund

Principal merges Long Term Equity Fund

Principal Pnb Mutual Fund merges Long Term Equity Fund into Emerging Bluechip Fund

Team Cafemutual Apr 21, 2011

Mumbai: Principal Pnb Mutual Fund has decided to merge Principal Pnb Long Term Equity Fund into Principal Emerging Bluechip Fund. The dividend and growth option of Principal Pnb Long Term Equity Fund will be merged into the respective options under Principal Emerging Bluechip Fund.

Investors, who do not agree with the merger, have an option to redeem their investments from April 21, 2011 to May 20, 2011.

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