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.