Tuesday, May 12, 2009

ING MF discontinues bonus option under various schemes

With effect from 13 June 2009

ING Mutual Fund has decided to discontinue the bonus option under ING Income Fund -retail and institutional plan, ING Domestic Opportunities Fund, ING Midcap Fund, ING Dividend Yield Fund, ING MIP Fund, ING Nifty Plus Fund, ING Global Real Estate Fund – retail plan and ING Latin America Equity Fund, with effect from 13 June 2009.

All unit holders under the options being discontinued as on 12 June 2009 will automatically be switched to the growth option under the respective plan/options, if applicable, under the respective schemes on 12 June 2009.