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Objective : ING Vysya Tax Savings Fund seeks to provide tax rebate and long term capital appreciation by investing pre- dominantly in a portfolio of high quality equity and equity related securities.
Structure : Open Ended Equity Linked Saving Scheme
Inception Date : March 28, 2004
Plans and Options under the Plan :
Dividend /Growth / Bonus
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Rs.5000
Entry Load : Entry load of 2.25% for investments below Rs 1 crores. No Entry Load for investments of Rs 1 crore and above. For amount > 4crores and upto 10 crores, entry load of 2.25% will be applicable w.e.f. 29/09/06.
Exit Load : An exit load of 2.50% of NAV will be levied for purchases/switch in made above Rs 10 crores on or after September 23, 2005. The said exit load is applicable even for part redemption of applications made for investments above Rs 10 crores made on or after September 23, 2005.
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