ING Mutual Fund merges into Birla Sun Life Asset Management

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ING Mutual Fund merges into Birla Sun Life Asset Management

 

Birla Sun Life Mutual Fund has acquired ING Mutual Fund. After the acquisition, all mutual fund schemes and portfolio management accounts of ING will be managed by Birla Sun Life. Below mentioned is the list of schemes merged.

	Current Name		To be merged into		Proposed New Names
ING Financial Planning Fund-Cautious Plan		ING Active Debt Multi Manager FoF Scheme		Birla Sun Life Active Debt Multi Manager FoF Scheme
ING Income Growth Multi Manager FoF Scheme 15% Equity		ING Financial Planning Fund-Conservative Plan		Birla Sun Life Financial Planning FoF Conservative Plan
ING Income Growth Multi Manager FoF Scheme 30% Equity		ING Financial Planning Fund-Prudent Plan		Birla Sun Life Financial Planning FoF Prudent Plan
Current Name			To be merged into
ING Liquid Fund			Birla Sun Life Cash Plus
ING Treasury Advantage Fund			Birla Sun Life Savings Fund
ING Multi Manager Equity Fund, ING Core Equity Fund & ING RetireInvest Fund-Series I			Birla Sun Life Long Term Advantage Fund
ING Gilt Fund-Provident Fund-Dynamic Plan			Birla Sun Life Gilt Plus - PF Plan
ING Income Fund			Birla Sun Life Income Plus
ING Short Term Income Fund			Birla Sun Life Short Term Fund
ING MIP Fund			Birla Sun Life MIP Fund
ING Dividend Yield Fund			Birla Sun Life Dividend Yield Plus Fund
ING Large Cap Equity Fund			Birla Sun Life TOP 100 Fund
ING Midcap Fund			Birla Sun Life Small & Midcap Fund

 

	Current Name		Proposed New Names
ING Tax Savings Fund		Birla Sun Life Tax Savings Fund
ING Balanced Fund		Birla Sun Life Dynamic Asset Allocation Fund
ING Global Commodities Fund		Birla Sun Life Global Commodities Fund
ING Global Real Estate Fund		Birla Sun Life Global Real Estate Fund
ING Latin America Equity Fund		Birla Sun Life Latin America Equity Fund
ING 5 Star Multi Manager FoF Scheme		Birla Sun Life 5 Star Multi Manager FoF Scheme
ING Asset Allocator Multi Manager FoF Scheme		Birla Sun Life Asset Allocator Multi Manager FoF Scheme
ING Financial Planning Fund-Aggressive Plan		Birla Sun Life Financial Planning FoF Aggressive Plan
ING Financial Planning Fund-Conservative Plan		Birla Sun Life Financial Planning FoF Conservative Plan
ING Financial Planning Fund-Prudent Plan		Birla Sun Life Financial Planning FoF Prudent Plan
ING Active Debt Multi Manager FoF Scheme		Birla Sun Life Active Debt Multi Manager FoF Scheme

 

 

 

The existing unit holders, who do not approve of the above merger, have an option to exit the scheme anytime between September 08, 2014 to October 09, 2014 without paying any

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