Principal Pnb MF files an offer document with Sebi

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FOREIGN FUNDS NET SELL RS.463.89 CR IN EQUITIES ON NOVEMBER 20 (PROV)
MUTUAL FUNDS NET SELL RS.176.7 CR IN EQUITIES ON NOVEMBER 19
DII'S NET BUY RS.18.46 CR IN EQUITIES ON NOVEMBER 20 (PROV)
TO ENTER INTO CUSTOMIZED MOTOR CYCLE BIZ VIA PRO-BIKING SHOWROOMS
TO EXPAND PANTNAGAR CAPACITY TO 70,000 UNITS IN NEXT FEW MONTHS
AKER IS A NORWEGIAN SERVICE PROVIDER CO FOR OIL AND GAS OPERATIONS
AKER SOLUTIONS TO PROVIDE SUPPORT SERVICES IN KG BASIN
AKER BAGGED SUB SEA PRODUCTION ORDER FROM RIL IN 2006 ALSO
RELIANCE IND PLACES RS.115 CR ORDER WITH NORWAY'S AKER SOLUTIONS
PORTING CHARGES TO BECOME APPLICABLE FROM DECEMBER 31, 2009
MNP ALLOWS USERS TO CHANGE OPERATORS WHILE RETAINING MOBILE NOS
USERS TO PAY MAX OF RS.19 TO CHANGE OPERATOR WHILE RETAINING OLD NUMBER
TRAI COMES OUT WITH NUMBER PORTABILITY CHARGES
PUNJAB NATIONAL BANK PLANS TO RAISE RS 700 CR BY SELLING BONDS
TATA TELE-QUIPPO OFFERING BETTER SERVICING DEAL FOR TOWERS: SOURCES
GTL BID 10-15% HIGHER THAN TATA-QUIPPO: SOURCES
DEAL VALUED AT AROUND RS.6000 CR : SOURCES
MAY JOIN RACE FOR SHELL'S EUROPEAN REFINERIES: SOURCES
SENSEX, NIFTY UP 1% EACH FOR THE WEEK
CNX MIDCAP INDEX UP 1%, BSE SMALLCAP INDEX UP 1.6%
METAL INDEX UP 3.7%, AUTO INDEX UP 2.3%, FMCG UP 1.5%
INDEX GAINERS: SUZLON UP 9.3%, TATA STEEL UP 6.3%, SAIL UP 5.3%
APPROACHED SHELL FOR BUYOUTS BEFORE ESSAR'S EXCLUSIVE TALKS BEGUN
ESSAR-SHELL IN EXCLUSIVE NEGOTIATIONS TILL NOV 30 TO BUY 3 SHELL REFINERIES
RIL SPOKESPERSON: 'WE ARE REVIEWING A NUMBER OF GLOBAL OPPORTUNITIES'
RIL SPOKESPERSON TO NDTV: 'REVIEWS CANNOT ASSURE TRANSACTIONS'
JSW ENERGY ALSO IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
CESC, SREI INFRA IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
GAMMON INFRA BAGS NHAI PROJECT WORTH RS.850 CRORES
NET PROFIT AT RS.48.2 CR VS RS.12 CR; SALES UP 55% AT RS.849 CR (YOY)

Updated: 02/07/2009 | 12:00 AM IST

Mutual fund

Capital Market

Thursday, July 02, 2009 (New Delhi)

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Name of Fund: Principal Pnb Fixed Maturity Plan 91 Days - Series XXI

Scheme: A close ended debt scheme

Investment Objective: To build an income oriented portfolio and generate returns through investment in Debt/Money Market Instruments and Government Securities.

Investment Options: The scheme will offer institutional and regular plan with growth and dividend option.

Asset Allocation: The scheme will invest its entire corpus in debt securities (including securitised debt) and money market instruments. And also invest upto 100% in government securities with low risk profile. Investment in securitised debt may be upto 100% of the net assets of the scheme.

Debt instruments may include securitised debt up to 100% of the net assets & exposure in interest rate derivatives may be undertaken as permitted under SEBI guidelines.

NFO price: Rs 10 per unit

Load structure: The scheme will not charge any entry load. Since the plan will be listed on the stock exchange, no exit load will be charged.

Minimum Investment Amount: The minimum investment amount under the institutional plan is Rs 5 lakh per application. And the minimum investment amount under the regular plan is Rs 1000 per application.

Minimum Target amount: The Fund seeks to collect a minimum targeted amount of Rs 10 lakh during NFO.

Benchmark Index: CRISIL Liquid Fund Index.

Fund Managers: Badrish Kulhalli will manage the fund.

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