Saturday, November 27, 2010

Principal SMART Equity Fund

Principal SMART Equity Fund,is a open ended equity scheme. The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt /money market instruments for defensive purposes. The scheme will decide on allocation of funds into equity assets based on equity market Price earning Ratio (PE Ratio) levels.When the markets become expensive in terms of price to earnings\' Ratio\'; the Scheme will reduce its allocation to equities and move assets into debt and/or money market instruments and vice versa.

Issue Opens: 26 Nov 2010
Issue Closes: 10 Dec 2010
Mutual Fund Family: Principal PNB Asset Management Company Pvt. Ltd.
Fund Class: Equity Diversified
Fund Type: Open-Ended
Investment plan: Growth
Fund Manager: Rajat Jain
Entry Load: 0.00 %
Exit Load: 2.00 %
Minimum investment: Rs 5000
Other Info: Exit load of 2% for exits upto 1 year, 1% for upto 2 years and nil for after 2 years.

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