ING Mutual Fund has carved for itself a status of strength and is looked upon as one of the contenders that can challenge the leaders of the market. ING Mutual Fund in India has launched around 21 schemes in the country in order to meet the various investment needs of the investors.
ING Mutual Fund has presence in around 34 locations across India and it has started about 21 schemes. The investor base of ING Mutual Fund is more than 152,677 who have made an investment of around Rs. 5080.97 crores as on June, 2007. ING Mutual Fund has been linked to responsive adaptability and innovation and this has helped it to assume an important position in the market.
Achievements of ING Mutual Fund are:
- It is the first mutual fund firm to start an investment plan that has been devoted to women.
- It is the first mutual fund firm to start a debt fund that has been based on credit risk.
- The Asia Asset Monitor has awarded "Most Innovative Product" to the ING Dynamic Asset Allocation Fund.
- It is the first mutual fund firm to start a packaged concept in the industry of Asset Management.
- The mutual fund firm has been awarded for its advertising that it did for ING LION Fund.
- It started the country's first Daily Transfer Plan that has been named Zoom Investment Pac (ZIP).
Major schemes launched by ING Mutual Fund are:
- ING Gilt Fund - Regular
- ING MIP Fund - Plan B
- ING Liquid Plus Fund
- ING C.U.B. Fund
- ING Tax Savings Fund
- ING Equity Fund
- ING Income Fund - Short Term Plan
- ING Domestic Opportunities Fund
- ING Select Debt Fund
- ING Nifty Plus Fund
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