Principal Asset Management

About

Principal Asset Management Pvt. Ltd is investment manager of Principal Mutual Fund. Principal AMC manages assets under various debt and equity funds with average AUM of 8631.56 Crs* contributed by over 5.6 Lac investors.

The MF business was sold to Sundaram Asset Management in 2021.

Principal surrendered its license and hence ceases to exist in 2022

https://economictimes.indiatimes.com/mf/mf-news/principal-mutual-fund-ceases-to-exist-as-mutual-fund-sebi/articleshow/91975330.cms?from=mdr