Monday, February 25, 2008

ING MF Declares Dividend

ING India Mutual Fund has announced 29 February 2008 as the record date for declaration of dividend under dividend option of ING Domestic Opportunities Fund.

The quantum of dividend is 30% i.e. Rs. 3.00 per unit on the face value of Rs. 10. The NAV for the scheme was Rs. 16.29 as on 21 February 2008.

ING Domestic Opportunities Fund is a open-ended scheme offering an investment objective to provide long-term capital appreciation from a portfolio that is primarily invested in companies which derive a significant proportion of their revenues from the domestic Indian market place / economy.

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