IDBI, one of India’s leading financial institutions, has joined hands with principal financial group, one of the world's foremost asset management organisations, to form IDBI-PRINCIPAL Asset Management Company Limited. IDBI currently serves more than 3 million customers through 38 branches across the country. Principal financial Group, with an asset base of US $ 117 billion, extends its financial expertise to more than 11 million customers worldwide. This partnership unites two leaders into a singular force to deliver superior products and services for the Indian markets.As India's premier development financial institution and one of the largest development banks in the world, IDBI has an asset base of over Rs. 72,000 crores (US $ 16 billion) and a net worth exceeding Rs. 9,000 crores (US $ 2 billion). IDBI continue to play a major role in institution building by setting up various specialised institutions to cater to the ever-changing need of the Indian industry and capital markets. 

Established in 1879 and a member of the Fortune 500, the Principal Financial Group is a leading provider of a wide range of financial products and services to businesses and individuals, including asset management, retirement services, life and health insurance and mortgage banking. The principal is a world leader in the retirement savings business and provides services to more pension plans than any other mutual fund, bank or insurance company in North America. In India principal financial group and its member companies have 11 Foreign Institutional Investors' Licences. One of the first FIIS to establish a relationship in the country -BT.’ Funds Management is a member company of the Principal Financial Group and one of the largest fund management companies in Asia. Helping individual get the most of their money is something principal financial group has been doing throughout its 120 -years history. 

Today, it serves operations in the United States, Asia, Australia, Europe and Latin America. In partnership with IDBI, one of the largest development banks in the world with a solid track record, this will be one of the premier financial forces in India. The underlying principle that governs IDBI - PRINCIPAL'S investment philosophy is fairly simple. It's about acknowledging the transient nature of life. Because as times and circumstances change, so will investor’s investment criteria, which is what investing with IDBI PRINCIPAL is all about. It actually guides investor through all the life stages on the path of investment.And it all begins by helping investor answer some critical questions that form the cornerstone of IDBI PRINCIPAL’S investment philosophy. These are-understanding investor’s investment goals, time horizon and risk to tolerance. IDBI PRINCIPAL takes all this into consideration through its Future Goals -Asset Allocation Programme which helps investors to decide which investment option is most appropriate for them. The programme also allows them to rebalance this portfolio in the future and ensure their investment goals stay as planned at all times. IDBI -PRINCIPAL aim at exceeding their expectations on all service parameters. with this objective in mind, the company provide them with a wide variety of conveniences across all its funds and bring them top quality service and flexibility.

• Announcement of NAV on all Business Days
• NAVs for cash Management fund -7 days a week, 365 days a year
• Portfolio disclosure each quarter
• Easy Enrolment Process

• Loans against units
• Repurchase Proceeds paid at-par through cheques / demand drafts/pay Orders
• Facility or Dividend Reinvestment/Dividend Sweep
• Systematic Investment Plan for planned and regular investment or Systematic 

• Systematic Switching plan for planned and regular movement of savings 
 between various    open-ended funds
• Investment by NRIs/OCBs/FIIs fully repatriable
• Redistribution/payments to an alternate designated payee available
• Nomination facility