ING Mutual Fund has announced a change in fundamental attributes of ING Liquid Fund, with effect from July 6, 2011. The proposed changes are as follows:
Nature of scheme: An open ended liquid scheme
The scheme will now invest upto 100% of its assets in money market instruments only with residual maturity upto 91 days.
Investors who want to exit from the scheme can redeem their units from June 6, 2011 to July 5, 2011, without paying any exit load.
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