The exit load of 1% under ING Income Fund - Regular Plan will now be applicable only for investments of upto Rs. 1 crore, if redeemed within 365 days. Earlier, the load was applicable for all investment amounts.
Further, the minimum application amount under Institutional Plan will be Rs. 25 lakhs, instead of Rs. 2.5 crores earlier.
These changes are applicable with effect from January 19, 2009.