The Principal Mutual Fund is managed by Principal Asset Management Private Limited. The latter was previously known as the Principal Pnb Asset Management Company Private Limited. The name of the trustee company is Principal Trustee Company Private Limited.
The Principal Global Opportunities Fund - Regular Plan - Dividend Option is an open-ended fund of fund scheme that invests in Principal Global Investors Funds - Origin Global Smaller Companies Fund.
Investment Objectives of the Principal Global Opportunities Fund - Regular Plan - Dividend Option
The main objective of investment of the Principal Global Opportunities Fund - Regular Plan - Dividend Option is to facilitate the provision of capital growth for a long-term. This is done through investments predominantly made in overseas mutual fund schemes. It also invests a certain portion of the corpus in Money Market Securities and Money Market or Liquid Schemes of Principal Mutual Fund.
Key Features of the Principal Global Opportunities Fund - Regular Plan - Dividend Option
The key features of the Principal Global Opportunities Fund - Regular Plan - Dividend Option are as follows:
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Type of fund |
An open-ended fund of fund scheme that invests in Principal Global Investors Funds - Origin Global Smaller Companies Fund. |
|
Plans available |
|
|
Options under each plan |
|
|
Risk |
High |
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Systematic Investment Plan (SIP) |
Available |
|
Systematic Transfer Plan (STP) |
Available |
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Regular Withdrawal Plan |
Available |
Investment Amount for the Principal Global Opportunities Fund - Regular Plan - Dividend Option
|
Minimum application amount |
Rs.10,000 and any amount subsequently |
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Minimum additional investment |
Rs.1,000 and any amount subsequently |
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Minimum instalment for Systematic Investment Plan (SIP) |
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Minimum instalment for Regular Withdrawal Plan |
Under the Regular Withdrawal Plan, unitholders can choose from:
The redemption can be:
Minimum amount: Rs.500 per instalment Minimum number of instalments: 6 instalments |
|
Minimum instalment for Systematic Transfer Plan (STP) |
Under the Systematic Transfer Plan (STP), unitholders can choose from:
The transfer can be made from one scheme to another or one plan to another, for the following:
Minimum amount: Rs.1,000 per instalment Minimum number of instalments: 6 instalments |
|
Entry Load |
N/A |
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Exit Load |
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Asset Allocation for the Principal Global Opportunities Fund - Regular Plan - Dividend Option
|
Type of security |
Indicative Allocations (percentage of total assets) |
Risk Profile |
|
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Minimum |
Maximum |
High/Medium/Low |
|
|
Units of overseas mutual fund schemes |
95% |
100% |
High |
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Money Market Securities and/or Money Market or Liquid Schemes of Principal Mutual Fund. |
0% |
5% |
Low to Medium |
NAV Disclosure and Benchmark of the Principal Global Opportunities Fund - Regular Plan - Dividend Option
The NAV or Net Asset Value of a scheme is the value of each unit of the fund under the scheme. This computation is needed to be done and published by the end of every business day. The NAV is calculated and rounded off up to 4 decimal places. It is declared before 9:00 p.m. on every working day and is published on the official website of the mutual fund along with the AMFI website. As per the SEBI (Mutual Fund) Regulations, the following formula is used to determine the NAV:
Net Asset Value (NAV) = (Market value or Fair value of securities under the scheme + Accrued Income + Receivables + Other Assets - Accrued Expenses - Payables - Other Liabilities) / Total Number of outstanding units under the scheme.
The benchmark of the Principal Global Opportunities Fund - Regular Plan - Dividend Option is MSCI All Country World Small Cap Index.
Principal Global Opportunities Fund - Regular Plan - Dividend Option Fund Manager
The Principal Global Opportunities Fund - Regular Plan - Dividend Option is managed by Mr. Rajat Jain. He has been managing the fund since March 2004.
Why should you invest in the Principal Global Opportunities Fund - Regular Plan - Dividend Option?
The Principal Mutual Fund is sponsored by the Principal Financial Group. The latter has an experience of more than 130 years in the accumulation of assets and management of the same. It is one of the leading investment managers in the world. This has helped the Principal Mutual Fund to be one of the leading mutual funds. In addition to that, it is one of the fastest growing mutual funds as well with more than 4 lakh customers spread across the country. The Principal Global Opportunities Fund - Regular Plan - Dividend Scheme is one of the best options to invest in if the investment objective of an investor is to gain long-term capital gains through the predominant investment made in overseas mutual fund schemes.
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