Principal Mutual Fund has launched the ‘Principal Emerging Bluechip Fund’, in the Indian market.

The fund is an open ended equity scheme with primary objective to achieve long-term capital appreciation by investing in equity and equity related instruments of mid cap and small cap companies.

The fund is open for subscription from September 22, 2008 till October 10, 2008

For the purpose of maintaining liquidity or tap market opportunities the fund’s portfolio may also include large cap stocks. The Scheme will offer Growth Option and Dividend Option.

Birla Sun Life Asset Management Company has rolled out a commodity focused fund in the Indian market.

This will be the first commodity-focused fund from Birla Sun Life AMC. The primary investment objective of the scheme is to provide long term capital appreciation by investing in securities of domestic and overseas commodity firms.

Principal Mutual Fund (MF) has informed that the company has linked up with India’s leading public sector lender, United Bank of India for distribution of its products through the bank`s branch network.

Principal Mutual Fund has made announcement that the company has inked an alliance deal with United Bank of India, a leading public sector bank, for distribution of its products through the bank’s branch network.

Taurus Mut

Principal Mutual Fund (formerly known as IDBI-Principal Mutual Fund) has entered into an alliance with The Shamrao Vithal Co-operative Bank for distribution of its products through the bank’s branc