Why Principal Mutual Fund Schemes are Worth Investing? Mutual funds are always considered to be the finest ways of investment due to its high returns and wide exposure of assets in the market. One such asset management company which can provide you suitable mutual fund schemes is The Principal Financial Group. It is a global asset management company that provide you hassle-free services on mutual fund investments. Investors can also get access to track their fund performance with Principal Mutual Fund Statement Online service. Read this article to know more about Principal Mutual Fund schemes. Types of Principal Mutual Fund Schemes You will get a wide range of options when you invest in principal mutual fund schemes, as it invests the assets in different instruments of equity, debt, money market, etc. some of the best mutual fund schemes are mentioned below: Principal Low Duration Fund: This scheme invests your assets smartly in a mix of cash, short term and medium term instruments. It is a debt-oriented mutual fund scheme that can provide you a 3-month return of 1.76% according to the Value Research report. Principal Ultra Short Term Fund: You can earn consistent income through this mutual fund scheme as it invests in a portfolio of money market and debt instruments. The current net asset value (NAV) of this principal mutual fund scheme is INR 2,060 and may provide you a return of 7.11% in a 3-year investment. Principal mutual fund schemes investor-friendly features If you choose a principal mutual fund scheme for your investment then you can access the account statement for a better understanding of your fund performance. You can request for Principal Mutual Fund Statement Online service so that you can get the report on your registered email address. You just need to visit the principal mutual fund website and log in to your account, after that click on “register for online service” button and enter your folio number and the captcha code. In the account statement, you will get all the important information about your mutual fund like NAV of the fund, growth in the fund and its current status in the market. Using this information you can plan your investments smartly by changing your investment methods, for instance, if you are facing a loss in a lump-sum investment then you can change your investment method to systematic investment planning (SIP) to improve its performance. How you can invest in the Principal Mutual Fund Schemes?
You can invest in the Principal Mutual Fund scheme through a financial marketplace or by yourself depending on your risk level. Because if you are new to mutual fund investments then it is beneficial for you to take the help of a financial advisor for choosing the right mutual fund scheme for your investment. Otherwise, if you are an experienced investor and have enough knowledge of the market returns and schemes then you can invest in Principal Mutual Fund schemes also by your own. Through investment in principal mutual funds, you can plan your child’s marriage, grow your money and can do a lot more.