Principal PNB Asset Management Company Private Limited
Headquarters - Mumbai, India | Clients*
-
9,91,588 | Average Assets Under Management*
- 9944.28 cr
Principal PNB Asset Management Company Private Limited (in association with
Vijaya Bank) is a joint venture between Principal Financial Group (Mauritius)
Limited, subsidiary of Principal Financial Services Inc., USA (member of
Principal Financial Group) and two of the largest banks in India: Punjab
National Bank (PNB) and Vijaya Bank. Since beginning operations in India,
Principal has been positioned at the forefront of long-term investment
solutions for both retail and institutional investors through its mutual fund
plans. Its diverse investment options, coupled with value-added services, have
positioned Principal as an innovator in the Indian Mutual Fund Industry.
Principal has developed strong expertise in understanding customer needs and
mapping them against our wide-ranging superior products. Its products,
especially in the Debt and Tax Benefit Category, have won numerous awards for
consistent performance over time. Over the next one to two years, Principal
looks forward to introducing new, ambitious plans for our operations in India.
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*As on Sept 30th, 2008