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Load Revision in ING Income - Short Term Plan


ING Savings Trust would remove the investment slab in Short Term Plan of ING Income Portfolio. Currently, the fund carries no entry but an exit load of 0.50 per cent for redemption within three months and investment upto Rs. 50 lakh and 0.25 per cent for redemption between 7 days and investment above Rs. 50 lakh. Now from October 1, 2002 onwards, the fund would charge an exit load of 0.25 per cent if redemption is made within 7 days.