Principal Mutual Fund has announced change in fund manager's responsibilities for certain schemes with effect from 2 July 2012.
Accordingly, Principal Services Industries Fund will be managed by Anupam Tiwari, Principal Income Fund - Short Term Plan and Principal Bank CD Fund will be managed by Gurvinder Sigh Wasan.
Further, from the effective date Anupam Tiwari and Gurvinder Sigh Wasan shall cease to be Assistant Fund Manager(s) to Principal Debt Savings Fund and Principal Debt Opportunities Fund (including plans thereunder) respectively. Accordingly, Principal Debt Savings Fund - Monthly Income Plan and Principal Debt Savings Fund - Retail Plan will be managed by Rajat Jain and Pankaj Jain, Principal Debt Opportunities Fund will be managed by Pankaj Jain.
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