Change in Fundamental
Attributes of ING Liquid Fund
Mumbai:
ING Mutual Fund has decided to revise the fundamental attributes of ING Liquid
Fund with effect from July 6, 2011.
The proposed changes of the
scheme will be as follows:
Nature of scheme: It is altered as “An open
ended Liquid Scheme” from “An open ended Liquid Income Scheme”.
Asset Allocation: The scheme would invest up
to 100 per cent of assets in money market instruments with residual maturity
upto 91 days with low risk profile.
Investors
have an option to redeem their units from June 6, 2011 to July 5, 2011, without
paying any exit load.