BUSINESS

Principal PNB's new mutual fund scheme

CHENNAI: : Principal PNB Asset Management Company, in association with Vijaya Bank, has launched its new mutual fund scheme, Principal Large Cap Fund. The fund will invest in stocks having a market capitalisation equal to or greater than Rs. 3,500 crore. A small part of the portfolio may be invested in stocks having a lower market capitalisation. The fund offers two options — growth and dividend.

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