Dividend from ING Dividend Yield Fund
Name of the scheme: ING Dividend Yield Fund
Name of the Mutual Fund: ING Mutual Fund
The quantum of dividend declared is 30% i.e. Rs 3 per unit on the face value of Rs 10. The record date for this dividend declared is 13, June 2011.
Type of scheme: Open Ended Equity Scheme
Investment Objective:
The main investment objective of the scheme is to generate long term capital appreciation by investing and / or to distribute dividend. They invest in equity and equity related instruments which give high dividends.
The minimum investment amount for the scheme is Rs 5000. There is no entry load for investing in this scheme. The scheme would charge an exit load of 1% if the investments are withdrawn within 1 year from the date of investment. There would not be any exit load if the investments are withdrawn after 1 year from the date of investment.
Happy Investing!!
