Dividend declaration under Principal PnB FMP 385 Days Sr. IX

Principal PnB Mutual Fund has announced dividend under scheme namely Principal Pnb Fixed Maturity Plan 385 Days - Series IX.

The fund house has fixed September 2, 2009 as the record date for dividend declaration. The dividend is declared under regular and institutional plans.

As on August 28, 2009 the net asset value stood at Rs 11.0394 per unit under institutional plan and Rs 10.9692 per unit under regular plan.

The amount of dividend declared is 100% of the distributable surplus.

The investment objective of the scheme is to build an income oriented portfolio and provide returns along with regular liquidity to investors.