Principal Mutual Fund has launched the ‘Principal Emerging Bluechip Fund’, in the Indian market.
The fund is an open ended equity scheme with primary objective to achieve long-term capital appreciation by investing in equity and equity related instruments of mid cap and small cap companies.
The fund is open for subscription from September 22, 2008 till October 10, 2008
For the purpose of maintaining liquidity or tap market opportunities the fund’s portfolio may also include large cap stocks. The Scheme will offer Growth Option and Dividend Option.