Debt/ Fixed Income

Principal Government Securities Fund

(An open-ended dedicated Gilt Scheme investing in government securities)

This product is suitable for investors who are seeking*

  • Income over a long term investment horizon
  • Investment in Government Securities.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

To generate returns through investment in sovereign securities and thus provide capital gains and income distribution to its Unit holders.

Fund Manager:
Ms. Bekxy Kuriakose
Allotment Date:
August 23, 2001
Benchmark:
I-Sec Composite Index

Under normal circumstances,the asset allocation would be as follows:

Types of Instruments % of Net Assets Risk Profile
Government Securities Upto 100% Low to Medium

Investment in derivatives shall be upto 35% of the net assets of the Scheme.

Regular Plan and Direct Plan.
Both the Plan offer Dividend & Growth Option Dividend Frequencies (under both the Plan) - Quarterly / Annual

Exit Load: Nil

New Investor: 5,000/-
Existing Investor: 1000/-

3.00 p.m.

In respect of purchase/switch-in of units for an amount equal to or more than 2 Lakhs, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds upto 3.00 p.m. and receipt of application (duly time stamped).

Regular Plan
1.50% p.a. of the daily net assets

Direct Plan
0.65% p.a. of the daily net assets

SIP / RWP / STP: Available

Minimum No. & Amt.

SIP : 6 installments of 2000/- each.

RWP: 6 installments of 500/- each.

STP : 6 installments of 1000/- each.