ING IM Simplifies Mutual Fund Investing With Launch of Its Multi Manager scheme

ING OptiMix Financial Planning Fund

Carefully Selected Mutual Funds From Different AMCs in One Fund

  • Plus Allocation Across 4 Asset Classes
  • With 4 Separate Plans To Suit Different Risk Tolerance Levels

Mumbai, April 18, 2011: ING Investment Management India is launching its ING Optimix Financial Planning Fund (an open ended fund of funds scheme) aiming to simplify investing in mutual funds. The most unique feature of this fund is its ability to invest across carefully selected best of breed Funds from different asset management companies in one convenient fund. In addition, investors can invest in 4 different asset classes; Liquid Funds, Debt Funds, Equity Funds and Gold ETFs while getting the flexibility to choose from 4 convenient plans that cater to different risk tolerance levels investors may have.

“Mutual fund investing today has become complex and stressful. Investors need to choose from thousands of funds, closely track their performance, take decisions to retain or change funds, attract tax liability if funds are changed before 12 months and finally, reconcile all these holdings at the end of the year. These are real concerns of investors today. ING IM’s unique Multi Manager Fund of Funds capability simplifies all of this in an instant” says Navin Suri, MD & CEO, ING Investment Management India. “We fully leverage our expertise as Fund Managers ourselves in selecting the best of breed funds from across the industry, with no bias whatsoever towards our own funds. ING has been offering Multi Manager funds in India since 2006 and already manages close to Rs. 347 Cr from a wide base of nearly 30,000 investors.” (as of 31st March 2011)

Investors can choose from 4 risk profiles; Cautious, Conservative, Prudent and Aggressive each offering a different mix of asset classes. “The product is an excellent way to start for first time Mutual Fund investors just as it is for those who are actively investing in mutual funds.” said Arvind Bansal, VP & Head – Multi Manager Investment, ING Investment Management India.

About ING Investment Management:

ING Investment Management was established in India by ING Groep through its wholly owned subsidiary, Nationale Nederlanden Interfinance B.V. Headquartered in Amsterdam, Netherlands. ING Investment Management (IIM) India is well poised for growth in India, backed by the support of ING’s global investment engine and the vast footprint of the ING India franchise. IIM India serves over 120,000 clients (as of 30th Nov ’10) across corporate, HNI and mass affluent channels through a network of affiliates including the ING banking & Insurance channels, which form the core of this distribution. People are at the heart of its success. IIM India today attracts talent from across industries and aspires to be an employer of choice in the asset management industry. Present in India since 1998, IIM in India today is well established and offers both single and multi-manager products across a range of asset classes. This is a unique combination that supports it’s differentiation in a crowded market place of over 44 other players.


Statutory Details: Sponsor: ING Group, through its wholly owned subsidiary, Nationale Nederlanden Interfinance B.V.,Mutual Fund: ING Mutual Fund; Trustee: Board of Trustees of ING Mutual Fund, Investment Manager/AMC: ING Investment Management (India) Private Limited (ING IM).

Nature & Investment Objective: ING Optimix Financial Planning Fund is an open-ended Fund of Funds Scheme which aims to generate returns by investing in mutual fund schemes selected in accordance with the ING OptiMix Multi Manager Investment process, as per the risk-return profile of investors. Each of the 4 plans under the Scheme has a strategic asset allocation which is based on satisfying the needs to a specific risk-return profile of investors.

Indicative Asset Allocation: CAUTIOUS PLAN [Liquid Funds, Money Market Funds: 63%– 77%, Debt Funds other than Liquid Funds, Money Market Funds: 23%– 37%, Money Market Securities: 0%–14%]; CONSERVATIVE PLAN [Equity Funds: 15%– 28%, Liquid Funds, Money Market Funds: 40%-53%, Debt Funds other than Liquid Funds, Money Market Funds: 22%–35%, Gold Exchange Traded Funds (ETF): 10%-23%, Money Market Securities: 0-13%]; PRUDENT PLAN [Equity Funds: 34%– 49%, Liquid Funds, Money Market Funds: 25.5%- 40.5%, Debt Funds other than Liquid Funds, Money Market Funds: 17%-32%, Gold Exchange Traded Funds (ETF): 8.5% – 23.50%, Money Market securities: 0-15%]; AGGRESSIVE PLAN [Equity Funds: 63%- 77%, Liquid Funds, Money Market Funds: 13.5%-23.75%, Debt Funds other than Liquid Funds, Money Market Funds: 9%-19.25%, Gold Exchange Traded Funds (ETF): 4.25%– 14.5%, Money Market Securities:0%-10.25%]. Options(in each plan): Growth, Dividend (Payout and Reinvestment); Terms of issue, Investor benefits and general services offered: An investor can purchase or redeem units of the Scheme on a Business Day at NAV based prices. The redemption cheques will be dispatched within 10 Business Days from the date of receipt of the valid redemption request before the cut off time at the designated Official Points of Acceptance of transactions. The Scheme is an open ended Fund of Funds Scheme under which Sale and Repurchase will be made on a continuous basis and therefore listing on stock exchanges is not envisaged. Investors in the Scheme are not being offered any guaranteed returns or assured returns. Investors may visit the nearest Investor Service centre (ISC) of the AMC/ Computer Age Management Services Private Limited (CAMS), Registrar for the Scheme to collect a copy of Scheme Information Document (SID) /Key Information Memorandum (KIM). A copy of the SID/KIM shall also be available on the website i.e. Further, investors may submit the applications filled up and duly signed at the office of the designated Collection Centres / Collection Bankers/ISCs / Designated Official Points of Acceptance during NFO. Details of the same are provided on back cover page of the SID/KIM. Application can also be submitted through the Application Supported by Blocked Amount mode (ASBA) during NFO. The units under the Scheme can be held in physical & demat mode. Applicable load structure: Entry load (all plans): Not Applicable, Exit Load: Cautious Plan (If redeemed within and including 6 months from the date of allotment: 0.50%, If redeemed after 6 months from the date of allotment : Nil); Conservative Plan (If redeemed within and including 1 year from the date of allotment: 1%, If redeemed after 1 year from the date of allotment : Nil); Prudent Plan (If redeemed within and including 1 year from the date of allotment: 3%, If redeemed within and including 2 years from the date of allotment: 2%, If redeemed within and including 3 years from the date of allotment: 1%, If redeemed after 3 years from the date of allotment : Nil); Aggressive Plan (If redeemed within and including 1 year from the date of allotment: 3%, If redeemed within and including 2 years from the date of allotment: 2%, If redeemed within and including 3 years from the date of allotment: 1%, If redeemed after 3 years from the date of allotment : Nil)

RISK FACTORS: Mutual Funds and securities investments are subject to the market risks, and there is no assurance or guarantee that the objectives of the Schemes will be achieved. As with any investment in securities, the NAV of the units issued under the Scheme can go up or down depending on the factors and the forces affecting the capital markets. Past performance of the Sponsors/ Mutual Fund or their affiliates does not indicate the future performance of the Schemes. The Sponsors and associates are not responsible or liable for any loss resulting from the operation of the Scheme beyond the initial contribution of Rs. 1 lakh made by them towards setting of the Mutual Fund. ING Optimix Financial Planning Fund is only the name of the Scheme and does not in any manner indicate either the quality of the Scheme or its future prospects and returns. The Scheme does not guarantee or assure returns. Please read the Scheme Information Document /Statement of Additional Information / Key Information Memorandum carefully before investing. . For details of Scheme Specific Risk Factors please refer to the SID. Important Disclosure: This Document and the Information contained herein do not constitute a distribution, an endorsement, an offer to buy or sell or the solicitation of an offer to buy or sell any securities or any other financial products / investment products (collectively “Products”) mentioned in this Document or an attempt to influence the opinion or behavior of the Investors/Recipients. All such Information in the Document should not be relied upon and does not constitute any investment advice and any use of the Information / any investments and investment related decisions of the Investors/Recipients are at their sole discretion & risk. Investors/Recipients must make their own investment decisions based on their own specific investment objectives, their financial position and using such independent professional advisors, as they believe necessary, before investing in any Products. This Document has been prepared on the basis of information, which may be already available in publicly accessible media or developed through analysis of ING Investment Management (India) Private Limited. Under no circumstances should this Information or any part of it be copied, reproduced or redistributed. ING may or may not have a position in or with respect to the Products mentioned. ING Investment Management (India) Private Limited, its affiliates/associates (collectively “ING”), their directors, employees, representatives or agents shall not be liable or responsible, in any manner whatsoever, to any Investor/Recipient or any other person/entity, for the performance/profitability/operations of the Products, the contents of any document (including the Terms of Offer) or any investments in the Products including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages. Except for the historical information contained herein, statements in this publication, which contain words or phrases such as ‘will’, ‘would’, etc., and similar expressions or variations of such expressions may constitute ‘forward-looking statements’. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. ING Investment Management (India) Pvt. Ltd undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.  The above forecasts are based on our current view of the likely course of markets over the period nominated. The above forecasts are made as indications only and not as the basis for investment decisions by readers of this material. Persons wishing to make such decisions should obtain their own professional advice. IIM, India accepts no liability for any loss or damage arising directly or indirectly from any act or omission in reliance on the above forecasts.

For further information contact:

Mr. Pankaj Rawat,

AVP – Marketing & Communications

ING Investment Management India

Hand Phone: 91- 9987261199


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