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ING Vysya MF's new offering
MUMBAI: ING Vysya Mutual Fund has launched a `Valuepac' systematic fund transfer mechanism allowing investments in equity instruments while offering protection from risks related to market timing. Investors could park their funds in the ING Vysya liquid plan, earning market returns till the money gets transferred to domestic opportunities fund, an open-ended equity scheme, ING Vysya MF Chief Marketing Officer, Sushil K. Sharma, told reporters here. Valuepac is a flexible arrangement which would give choice to investors to put in money at their convenience, helping to expand market for mutual fund products, he added. — PTI
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