Principal Mutual Fund has launched a large cap fund NFO. As per SEBI’s mandate large cap funds need to invest at least 80% of their assets in the Top 100 companies by market capitalization. The fund would remain open for subscription from 28th September 2020 to 12th October 2020.

This is an open-ended equity fund holding composite portfolio in Indian and US equity market predominantly in large cap stocks.

Here are the NFO issue details. (more…)