Wednesday, September 10, 2014
by
Indian Real Estate News
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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