![]() Financial Daily from THE HINDU group of publications Saturday, Sep 10, 2005 |
|
|
|
|
|
Markets
-
Mutual Funds ING Vysya MF launches new scheme Our Bureau
(From left) Ms Kavita Hurry, CEO and Managing Director, ING Vysya Mutual Fund, Mr Alexander H.G. Rinnooy Kan, Executive Board, ING Group, and Mr Peter Smyth, Regional General Manager, ING Insurance Asia/Pacific, at a press conference in Mumbai on Friday. - Shashi Ashiwal
Mumbai , Sept. 9 ING Vysya Mutual Fund has announced a new scheme, `The ING Vysya Dividend Yield Fund'. The investment option for the scheme would be an open-ended equity scheme starting with a minimum of Rs 5,000 and in multiples of Re 1. The fund opens on September 9 and closes on October 6. "Dividend yield stocks are an essential ingredient of any investor's risk appetite. Statistically, high dividend yield stocks have always tended to perform better than low dividend yield stocks over a period of time," Ms Kavita Hurry, Managing Director & CEO, ING Vysya Mutual Fund, said in a press release. "We are looking at complementing our existing suite of products with the launch of ING Vysya Dividend Yield Fund," she said.
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|