Fund News

ING Income & Capital Portfolio Revise Load Structure

With effect from February 01, 2002, ING Income Portfolio will not charge any exit load for application amount of over Rs 50 lakhs. But, for amount of Rs 50 lakhs and below, an exit load of 0.5 per cent will be charged if redeemed before six months. The fund currently charges an exit load of 0.5 per cent if redeemed before six months irrespective of the amount redeemed.

ING Capital Portfolio has removed the exit load with effect from February 01, 2002. Currently, the fund charges an exit load of 0.25 per cent for redemption made within three months.

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