Dividend declaration under ING Y FMP 366 Series A1

ING Mutual Fund has announced dividend under ING Yearly FMP 366 - Series A1. The amount of dividend declared is 100% of the distributable surplus. The fund house has fixed September 23, 2009 as the record date for dividend declaration. The dividend is declared under retail and institutional plans of the scheme.

As on September 18, 2009 the net asset value stood at Rs 11.1662 under institutional plan and Rs 11.1662 under retail plan.

ING Yearly FMP 366 - Series A1 is a close-ended scheme that offers an investment plan of 366 days maturity, investing in a portfolio of government securities or highly rated corporate bonds maturing close to the maturity of the scheme so as to generate returns comparable with alternative fixed-income instruments of similar maturity.