ING Mutual Fund is launching an divesified equity scheme called ING Vysya Domestic Opportunities Fund. The fund will invest in stocks and sectors predominantly focussed on the domestic market and likely to benefit from the high growth potential of the Indian economy.
Fund Details:
Initial Issue Opens - July 30, 2004
Initial Issue Closes – August 23, 2004.
Minimum Investment Amount – Rs 2,000 and in multiples of Re 1 thereafter.
Minimum Additional Investment – Rs 1,000 and in multiples of Re 1 thereafter.
Entry Load – 2.25 per cent for applications below Rs 2 crore, nil for applications of 2 crore and above.
Exit Load – Nil.
Benchmark – BSE 100.