ING Fixed Maturity Fund - Series 51 declares dividend

The Trustees of ING Mutual Fund have approved the declaration of dividend under the dividend option (Retail and Institutional Plan) of ING Fixed Maturity Fund - Series 51. The Face Value of the fund is Rs 10 per unit.

The NAV of Dividend option of Retail Plan as on March 12, 2009 is Rs 10.5508 and the NAV of Institutional plan is Rs 10.5508 as on March 12, 2009.

The Record Date for the purpose of dividend distribution has been fixed as March 19, 2009. The entire appreciation in the NAV of the dividend option from date of allotment to March 19, 2009 (subject to availability of distributable surplus) will be declared as dividend.

Pursuant to the payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy (if applicable).

All unit holders of the above option as per the Register of Unit holders at the close of business hours on the Record Date will be eligible to receive the dividend.

Mutual funds and securities investment are subject to the market risks, and there is no assurance or guarantee that the objects of the schemes will be achieved. Please read the offer document / statement of additional information / scheme information document carefully for scheme - specific risk factors before investing.

Source : Equity Bulls

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