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Monday, October 05, 2009

ING MF Declares Dividend

Record date for dividend is 9 October 2009

ING Mutual Fund has announced the declaration of dividend on the face value of Rs. 10 per unit under dividend option of ING C.U.B (Competitive Upcoming Businesses) Fund. The record date for dividend has been fixed as 9 October 2009.

The quantum of dividend will be 20% on the face value as on the record date. The NAV for the scheme was at Rs. 14.39 per unit as on 30 September 2009.

ING C.U.B (Competitive Upcoming Businesses) Fund is an open ended diversified equity scheme, with the investment objective to provide long-term capital appreciation by investing pre-dominantly in a diversified portfolio of equity and equity-related securities of Companies of small market capitalization.

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