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Monday, October 8, 2007

ING MF Files An Offer Document

ING MF has filed an offer document for ING Interval Fund. This is an open-ended income fund. The scheme offers three plans under Quarterly Interval Fund and two plans under Annual Interval Fund. The minimum application amount under regular plan is Rs. 5000 and in multiples of Re. 1 thereafter. The minimum application amount under institutional plan is Rs.1 crore and in multiples of Re. 1 thereafter. The investment objective of the scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of central and state government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.
Posted by Indian-commodity at 10:57 AM

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