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ING MF discontinues Bonus options under its schemes

Effective June 12, 2009, ING MF will discontinue Bonus options under the following schemes:

  1. ING Income Fund - Regular and Institutional Plans
  2. ING Midcap Fund
  3. ING Dividend Yield Fund
  4. ING MIP Fund
  5. ING Nifty Plus Fund
  6. ING Global Real Estate Fund - Retail Plan
  7. ING Latin America Equity Fund

Investors under the Bonus option of these scheme are given an option to exit from May 14, 2009 to June 12, 2009 without paying any exit load, after which the units under the Bonus option will be switched into Growth Options of the respective schemes.