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Optimix Asset Allocator Multi Manager FoF Scheme

The scheme will only invest in third-party mutual funds, and will not make any investment in schemes of ING Vysya Mutual Fund. It will allocate assets among equity and debt/liquid/money market funds. It may invest up to 100% of assets in either debt or equity and up to 10% in money market instruments. Fund allocation between equity and debt schemes and money market securities will be decided on the basis of the relative valuations of different asset classes. The fund will bechmark its performance against CRISIL Balanced Fund Index.

The minimum investment in the fund will be Rs 5,000. The entire initial issue expense of the scheme will be borne by the AMC. The fund will charge an entry load of 2.5% for applications below Rs 5 crore, while it will not charge any exit load.