Principal MF appoints Shobit Gupta as Head Fixed Income

Principal Mutual Fund today announced the appointment of Shobit Gupta as head of fixed income division.
Prior to this, Shobit has worked with Kotak Mutual Fund, ABN Amro Bank, Reliance Mutual Fund and ING Mutual Fund, a press release said.
Principal Mutual Fund is sponsored by Principal Financial Group (Mauritius) with Punjab National Bank and Vijaya Bank.
It has assets under management at around Rs 9,450 crore as on August 31, 2009 and over 10.2 lakh investors.

Source:ptinews