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Wednesday, August 26, 2009

ING MF Changes Exit Load Structure for Various Schemes

With effect from 28 August 2009

ING Mutual Fund has decided to revise the exit load structure for ING Domestic Opportunities Fund, ING Nifty Plus Fund, ING Core Equity Fund, ING Contra fund, ING Balanced Fund, ING Mid Cap Fund, ING Dividend Yield Fund, ING Optimix Multi Manager Equity Fund, ING Latin America Equity Fund, ING Optimix 5 Star Multi Manager FoF scheme, ING Optimax Asset Allocator Multi Manager FoF Scheme, ING Optimix Global Commodities Fund and ING Global Real Estate Fund (Retail & Institutional option). The change with effect from 28 August 2009.

Revises Load Structure:

Accordingly for all application amounts, an exit load of 1% will be charged if redeemed on or before 365 days from the date of allotment. The exit load charge will be nil, if redeemed after 365 days from the date of allotment.

The exit load structure shall be applicable for all prospective investments i.e. Systematic Investment Plan, Systematic Withdrawal Plan and Systematic Transfer Plan

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