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ING gets new Fund Managers

With effect from December 14, 2009, ING Mutual Fund has announced a change in fund managers.

- Ms. Jasmina Parekh will manage ING Balanced Fund, ING Core Equity, ING Domestic Opportunities, ING Midcap, ING MIP, ING Tax Saving and ING C.U.B.

- Mr. Ankur Arora will manage ING Contra Fund and ING Dividend Yield.

- Mr. Deepak Arackal will manage ING Global Real Estate Fund, ING Latin America Equity Fund and ING Nifty Plus.

ING has also appointed Mr. Ramanathan K. as the Chief Investment Officer, effective December 8, 2009.