Fund News

ING Mutual Revises Exit Load under its Equity Funds

ING Mutual Fund has revised the exit load structure under the following equity schemes: ING Select Stocks, ING Tax Savings, ING Nifty Plus, ING Domestic Opportunities, ING Midcap, ING A.T.M., ING L.I.O.N., ING Dividend Yield and ING Balanced.

From 21st January 2008, theses funds will be charging an exit load of 1% for investment less than Rs.1 crore if redeemed within 6 months and 0.50% if redeemed after 6 months but before 1 year.

However, no change has been done in the entry load structure.

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