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  • MF News ING MF reduces exit load in two plans

    ING MF reduces exit load in two plans

    ING Mutual Fund reduces exit load under ING Optimix Financial Planning Fund
    Team Cafemutual Jun 30, 2011

    ING Mutual Fund reduces exit load under ING Optimix Financial Planning Fund

     

    Mumbai: ING Mutual Fund has revised the exit load structure in ING Optimix Financial Planning Fund - Prudent Plan and Aggressive Plan with effect from July 1, 2011. The fund house will charge 1 per cent as exit load if units are redeemed within 2 year from the date of allotment. Exit load is not applicable if units are redeemed after 2 years.

     

    ING Mutual Fund has also introduced Systematic Transfer Plan (STP) facility under ING Optimix Financial Planning Fund with effect from July 1, 2011. The minimum amount for STP per transfer is Rs 1000 and in multiples of Rs 100 thereafter and minimum number of transfers shall be six.

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